Party Christian Democratic People's Party of Switzerland | ||
Tito Tettamanti (born October 6, 1930, in Lugano) is a Swiss lawyer, politician, and entrepreneur.
Tito Tettamanti, born in Lugano Switzerland, the son of a Swiss Banker, studied at the Faculty of Law at Berne University where he graduated in 1953 at the age of 23. He passed the bar exam in 1955 and qualified as a lawyer.
He was an activist of the Christian Democratic People’s Party of Switzerland (Partito Popolare Democratico) and was elected as member of the Grand Council of the Canton of Ticino. In 1959 he was elected at the Council of States until July 9, 1960.
In 1959 Tettamanti founded the law and notary firm Tettamanti-Spiess-Dotta and at the end of 1960 he founded the fiduciary company Fidinam SA, which initially assisted said law and notary firm Tettamanti-Spiess-Dotta in providing administrative and accounting services to its clients and later became one of 10 most important Swiss fiduciary companies. He served as Managing Director of Fidinam for 25 years and today he holds the title of Honorary Chairman of the Fidinam Group.
In the 60’s and 70’s, he worked as a real estate investor, among others, in Ticino and Canada, and he collaborated with the Banca della Svizzera Italiana, whose he was an important shareholder. In the 80’s, he transferred the center of his activities as an investor to New York, remaining active in Wall Street until 1987.
Afterwards Tettamanti returned to Switzerland and specialized in the acquisition and management of large Swiss companies such as Sulzer, Saurer (between 1988 and 1992 he was appointed president of the Saurer Group Holding AG and Saurer Group Investment Ltd, whereas in June 1994 he served as member of the board of directors and until 2000 as honorary president), Rieter, Ascom Holding, and SIG. In Spring 2010 Tettamanti acquired the Basler Zeitung, the main newspaper of the northwestern part of Switzerland, which then sold in November 2010 to Moritz Suter (founder of Crossair). Subsequently he re-acquired indirect control of the Basler Zeitung through Medienvielfalt Holding AG, and then was sold in 2014. From March 2002 to the end of 2006 Tettamanti was the largest shareholder of the Swiss publishing house Jean Frey AG publishing house, which was eventually sold to the Axel-Springer-Verlag.
From December 13, 2002 until May 15, 2006 Tettamanti served as member and Chairman of the Board of Directors of the pharmaceutical consultancy company Interpacific International Limited.
Tettamanti served as Chairman of the Board of Directors of Sterling Strategic Value Limited until 2012 and subsequently in January 2017, Sterling Strategic Value Limited was converted into a Luxembourg alternative investment where Tettamanti still served as Honorary Chairman. He has furthermore been Chairman of the Board of Directors of several companies including ST Group Holding Inc., ST Real Estate Holding Inc., and ST Services Holding Inc. and he is currently honorary Chairman of ST Real Estate Holding Inc., ST Australia Real Estate Inc., and ST USA Real Estate Inc.
Tettamanti is founder of the Italian Switzerland Civil Society Association and served as Chairman until 2013 and has also held the position of "Governor" and Vice President of the European Policy Forum in London. Since 2008 Tettamanti has been the Chairman of the Fidinam Foundation, a nonprofit entity whose aim is to support initiatives in the fields of education, research, health, and various project with social and economic needs background, and since 2009 of the Salus Charity Foundation.
After several years spent in London, since 2010 Tettamanti lives in Lugano. He often participates to conferences, public discussions, TV, and radio shows. Passionate and thorough scholar of political cultural and international economic issues, he regularly writes as a columnist on the Corriere del Ticino and Die Zeit, dealing often with socio-economic topics.
In 2015 Tettamanti had estimated personal assets for CHF 950 million.