Alberto Siccardi & family

About Me

Alberto Siccardi founded medical device company Medacta and became a billionaire after taking it public on the Swiss stock exchange in April 2019. The $429 million (sales) firm, based in Castel San Pietro, Switzerland, designs joint replacement and spinal surgery products. In the early 90s, Siccardi had a bad fall in the Swiss Alps and got a double hip replacement. Dissatisfied with the process, he founded Medacta. He and his three children share a two-thirds stake in Medacta, which accounts for the majority of the fortune. Siccardi's father, Francesco, founded Bieffe Biomedical in Florence and sold it to American company Baxter International for $185 million in 1997. Siccardi used the proceeds to found Medacta in 1999. He served as CEO for nearly two decades before passing the reins to son Francesco in 2018.