Saturday, October 03, 2009

Asbestos: The Bill Gates Of Switzerland -

This week, Forbes features a profile of Stephan Schmidheiny, the heir of the family that owned Eternit (the asbestos manufacturer) for four generations. Stephan is/was a major shareholder and board member of Swissair, Nestle, Swatch, the banking group UBS and the multinational Asea Brown Boveri. Stephan is a billionaire, the fifth richest Swiss business man; a resident of Costa Rica: a philanthropist and a defendant in a criminal trial in Torino, Italy, involving thousands of asbestos deaths occurred in Italy since the 1950s.

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