Esther Grether Net Worth

Esther Grether Net Worth – A Remarkable Fortune Accumulated through Business and Art

Highlights

Esther Grether, a Swiss businesswoman and art enthusiast, has acquired fame and fortune through her remarkable net worth, estimated at $1.9 billion. With an extensive collection of 20th-century art featuring esteemed artists such as Picasso, Cezanne, Dali, and Francis Bacon, she possesses one of the most valuable privately-owned art collections globally. Besides her notable contribution to the art world, she is renowned for her successful career as the former CEO of the Doetsch Grether Group, a prominent beauty and health care products company. Esther Grether’s wealth and influence position her as one of the wealthiest and most prominent women in Switzerland.

Early Life

Esther Grether was born in Switzerland in 1936. She pursued her higher education in economics at the University of Basel. After completing her studies, she joined the Doetsch Grether Group as a secretary. It was during this time that she met and married Hans Grether, the son of the company’s founder. Esther’s marriage played a pivotal role in shaping her future career.

Career

Following her marriage to Hans Grether, Esther became more involved in the management of the Doetsch Grether Group and eventually assumed the position of CEO. With her astute leadership, the company experienced significant growth and evolved into one of Switzerland’s leading beauty and health care products companies. Esther dedicated over three decades of her life to driving the company’s success and expanding its market presence.

While still running the Doetsch Grether Group, Esther Grether began nurturing her passion for art collecting. Her collection of over 600 works by renowned artists such as Picasso, Cezanne, Dali, and Francis Bacon became one of the most valuable and significant collections of 20th-century art worldwide. Housed in a converted printing factory in Basel, Switzerland, Esther’s art collection serves as a testament to her discerning taste and commitment to preserving artistic masterpieces.

Personal Life

Esther Grether experienced a personal tragedy in 1975 when her husband, Hans Grether, passed away. As a result, she inherited the Doetsch Grether Group and continued running the company in her capable hands. Alongside her professional pursuits, Esther actively supports the arts and holds positions on the boards of esteemed institutions such as the Museum of Modern Art in New York City and the Tate Gallery in London. Her philanthropic contributions have made a significant impact on several art museums and cultural institutions around the globe, further solidifying her status as a passionate patron of the arts.

Net Worth Over Time

Esther Grether’s net worth has seen remarkable growth over the years. With a current estimated worth of $1.9 billion, she has amassed a substantial fortune through her successful business ventures and her valuable art collection. Her prudent management of the Doetsch Grether Group coupled with her passion for art collecting has contributed significantly to her financial success.

Components of Net Worth

Esther Grether’s net worth of $1.9 billion comprises various components, including her ownership stake in the Doetsch Grether Group and her significant investment in the Swatch Group. As a major shareholder in the Doetsch Grether Group, Esther holds a substantial portion of the company’s value. Additionally, her art collection, which is considered one of the most valuable privately-owned collections globally, contributes significantly to her net worth.

Furthermore, Esther’s accomplishments as a businesswoman, art enthusiast, and philanthropist have elevated her overall value. Her involvement with prestigious institutions and her generous contributions to the art community have solidified her status as a prominent figure in the realm of business and culture.

In conclusion, Esther Grether’s net worth of $1.9 billion highlights her exceptional achievements as both a successful businesswoman and an esteemed art collector. From her early days at the Doetsch Grether Group to her transformative leadership and dedication to preserving artistic masterpieces, Esther Grether continues to leave an indelible mark on the world of business and art.

Dive into the world of luxury with this video!