Sergio Ermotti, 59, is a Swiss investment banker and former stock trader who has never felt compelled to look at his true calling. By the age of 15, he had dropped out of school and was working as a young apprentice at the Lugano Corner Bank, following in his father’s footsteps. He started his career by selling stocks and then trading them for better ones.
The same rookie is now the chief executive officer of USB Group AG, the world’s most prestigious Swiss banking institution. Sergio joined the team on an interim basis in September 2011, and he has remained in the position since November 2011.
What is the net worth of Sergio Pietro Ermotti?
Sergio Pietro Ermotti has a net worth of around $1-5 million as a successful Swiss banker.
Sergio Pietro Ermotti; Career as a banker
Sergio began his career working for a small community bank in his hometown. He took a break from schooling for a while, but he quickly caught up with his studies. Sergio continued to pursue his studies and earned an Advanced Management degree from the University of Oxford in Oxford, Oxfordshire. Aside from his ten years at UBS, he previously worked for Merrill Lynch in a variety of capacities from 1987 to 2003.
After that, he spent two years at Global Markets & Investment Banking before becoming the deputy chief executive officer of UniCredit, an Italian bank. In the end, all of the long hours and sleepless nights spent in the banking world were well worth it. For the time being, he gets to enjoy the massive sums of money that are coming his way.
In the fiscal year 2017, the Banking star reportedly received a salary of 14.2 million Swiss francs ($14.92 million). Meanwhile, in 2012, the USB paid him $9 million in addition to welcoming him with a $26 million “golden hello.”
Sergio Pietro Ermotti; Husband and children details
Sergio Pietro Ermotti, Sergio’s birth name, celebrates his birthday every year on May 11th. In Lugano, Switzerland’s Italian-speaking city, he was born and raised by his parents.
There isn’t much to say about his personal life because he manages to keep everything under wraps, never wanting the public or media to have an opinion on what he does with his wife and family. He’s had enough of the same in his professional choices. Despite his demanding job and hectic schedules, he prioritizes his wife and children above all else.
For example, he is taking weekends off to be with his wife, Tina Ermotti, who is now in her mid-fifties, and his grown-up children. His two sons, who are two years apart in age and in their twenties, may have followed in their father’s footsteps, as Sergio did with his own.
Quick facts
Popular As | Sergio Pietro Ermotti |
Occupation | Investment banker, former stock trader |
Age | 61 years old |
Zodiac Sign | Taurus |
Born | 11 May 1960 |
Birthday | 11 May |
Birthplace | Lugano, Switzerland |
Nationality | Swiss |