Insight - Switzerland’s biggest family fortune has prospered for 124 years


Hot stock: Workers clean the windows of a building of Roche in Rotkreuz. Sales of Roche’s Covid-19 tests have helped boost its stock in 2020. — Reuters

THE timing was precise, the choreography immaculate: with two deft maneuvres, a new generation of the Oeri-Hoffmann family marked its growing influence over the wealthiest dynasty in Switzerland.

First, seven members of the fifth generation late last year joined the clan’s shareholder pool, which oversees a US$25bil stake in pharmaceuticals giant Roche Holding AG. Then, in March, another member of that generation, Joerg Duschmale, replaced his uncle on the drugmaker’s board.

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