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<p class="article-lead">Switzerland’s annual ranking of its wealthiest individuals reveals five new billionaires, with one joining the ranks of the top ten richest citizens.</p>
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<span itemprop="name">Selin Sarikaya</span>
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November 27, 2025, 9:55 PM
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The Swiss business magazine *Bilanz* has released its annual list of the 300 wealthiest people in Switzerland, revealing approximately a dozen new entries this year. Five of those individuals have now reached billionaire status.
Andrea Pignataro: $28 – $30 Billion
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Topping the list of new billionaires is Andrea Pignataro, with a net worth estimated between $28 and $30 billion. He ranks third overall on the Swiss wealth list. Pignataro began his career as a trader at Salomon Brothers before founding ION Group in the United Kingdom in 1998. The firm specializes in financial data and trading software, and he also holds a diverse portfolio of real estate, including luxury villas and hotels, residing in St. Moritz.
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Andrea Pignataro has secured a place among the top ten wealthiest individuals in Switzerland as one of the “new” billionaires.
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</figcaption>Torstein Hagen: $11 – $12 Billion
Norwegian citizen Torstein Hagen, a resident of Switzerland since 1985, has an estimated fortune of $11 to $12 billion. He founded Viking Cruises in 1997, starting with just four ships and expanding to over 90 today. The company’s initial public offering last year added $450 million to Hagen’s wealth, establishing him as a leading figure in the global cruise industry.
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Torstein Hagen founded Viking Cruises in 1997.
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</figcaption>Arne Alexander and Bent Christian Wilhelmsen: $3.5 – $4 Billion
Brothers Arne Alexander and Bent Christian Wilhelmsen, also shipping magnates from Norway, relocated to Switzerland in recent years due to changes in Norwegian tax law. Their combined wealth is estimated at $3.5 to $4 billion, placing them third among the new entrants on the list. They hold stakes in Royal Caribbean Cruise Line, a company co-founded by their father, who transferred control of the family’s assets, including his stake in the cruise line, to his sons shortly before his death in 2020.
Pietro Gussalli Beretta: $2.5 – $3 Billion
Pietro Gussalli Beretta’s fortune stems from both firearms and wine. He heads Beretta, one of the world’s oldest firearms manufacturers, producing handguns for private, law enforcement, and military use. The 500-year-old company also operates Tivinum, a winery founded by Gussalli Beretta in 1974. The Beretta family also owns several wineries abroad.
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Pietro Gussalli Beretta leads the Beretta firearms manufacturer in its 16th generation.
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ANSA / Ufficio stampa Beretta Holding
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</figcaption>Korányi-Arduini Family: $1.5 – $2 Billion
The Swiss-Brazilian industrial family amassed its wealth through investments in the railway and automotive sectors, with a current net worth of $1.5 to $2 billion. The family is also part of a group of investors seeking to recover their investments from Signa Holding, pursuing legal action against René Benko.
The Wealthiest Individuals
Chanel owner Gérard Wertheimer has held the top spot on the list of Switzerland’s 300 wealthiest individuals since 2023, with an estimated net worth of $33 to $34 billion. The Roche-owning families – Hoffmann, Oeri, and Duschmalé – follow with $30 to $31 billion, closely trailed by newcomer Andrea Pignataro at $27 to $28 billion.
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No one in Switzerland possesses more wealth: Chanel heir Gérard Wertheimer ranks first.
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</figcaption>Notably, the combined wealth of the 300 richest individuals has reached a new high of over $850 billion. The top ten alone account for more than a quarter of that total.
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