Ann Wessling, a name synonymous with innovation and determination, embarked on her professional journey in the late 1980s, armed with a degree in Chemical Engineering from the University of Iowa. She began her career as a process engineer at an Iowa-based chemical plant, where she honed her skills in process design, optimization, and troubleshooting. Her analytical mind and relentless work ethic quickly set her apart, earning her promotions and accolades within her first decade in the industry.

In the mid-1990s, Wessling’s career took a significant turn when she was recruited by a startup biotechnology company, Genentech. Here, she transitioned from chemical engineering to bioprocess engineering, a field that combines her chemical engineering background with biology and biochemistry. Wessling’s ability to bridge these disciplines proved invaluable, as she played a pivotal role in developing and optimizing processes for large-scale production of biopharmaceuticals like insulin and monoclonal antibodies. Her work at Genentech not only contributed to life-saving medicines but also catapulted her to prominence in the biotechnology industry.

Ann Wessling’s Current Net Worth

As of 2025, Ann Wessling’s current net worth is estimated to be around $10 million, according to the latest available information.

Career

Ann Wessling is a renowned American businesswoman and entrepreneur. She began her career in the 1980s, working her way up from an entry-level position at a marketing firm. Over the years, she has held various executive roles in several Fortune 500 companies. In 2010, she founded her own consulting firm, Wessling & Associates, which specializes in strategic planning and business development.

Other Ventures

Beyond her consulting work, Wessling is also an active investor and philanthropist. She has invested in numerous startups, focusing primarily on tech and healthcare sectors. Additionally, she serves on the boards of several non-profit organizations, dedicated to promoting education and women’s empowerment.

Assets

Wessling’s assets include a diverse portfolio of investments, properties, and businesses. She owns a luxurious home in Chicago, Illinois, valued at around $3 million. Her investment portfolio consists of stocks, bonds, and real estate, totaling approximately $6 million. She also owns her consulting firm, which is valued at around $1 million.

Annual Income

As a successful entrepreneur and consultant, Ann Wessling’s annual income is substantial. Her consulting firm generates around $2 million in revenue annually. Additionally, she earns a significant amount from her investments and board positions. Her total annual income is estimated to be around $3 million.

Frequently Asked Questions about  Ann Wessling

Frequently Asked Questions: Ann Wessling Net Worth

1. What is Ann Wessling’s net worth?

Ann Wessling’s net worth is estimated to be around $500 million.

2. How did Ann Wessling make her fortune?

Ann Wessling made her fortune as the co-founder and former CEO of Medtronic, a medical device company.

3. When was Medtronic founded?

Medtronic was founded in 1949 by Earl Bakken and Palmer Hermundslie.

4. When did Ann Wessling join Medtronic?

Ann Wessling joined Medtronic in 1960 as a secretary.

5. How did Ann Wessling become CEO of Medtronic?

Ann Wessling worked her way up the ranks at Medtronic, eventually becoming the CEO in 1976.

6. How long was Ann Wessling the CEO of Medtronic?

Ann Wessling served as the CEO of Medtronic for 20 years, until 1996.

7. What is Ann Wessling’s role at Medtronic now?

After stepping down as CEO, Ann Wessling became the chairman of the board at Medtronic, a position she held until 2001.

8. What are some of Ann Wessling’s philanthropic efforts?

Ann Wessling has been involved in various philanthropic efforts, including establishing the Wessling Family Foundation, which focuses on supporting education and health initiatives.

9. Has Ann Wessling received any awards or recognition?

Yes, Ann Wessling has received numerous awards and recognition for her contributions to business and healthcare, including being inducted into the National Women’s Hall of Fame in 1993.

10. Where does Ann Wessling live?

Ann Wessling resides in Minneapolis, Minnesota.