Portrait of Albert Boehringer

Rank #614

Albert Boehringer

Net worth $6.5B

Pharmaceuticals · Germany

Born
Jan 12, 1941
Age
85
Source
Pharmaceuticals
Residence
Ingelheim
Citizenship
Germany
Marital status
Children
0
Education

Net worth over time

Biography

  • Albert Boehringer derives his fortune from Boehringer Ingelheim, the world's largest privately-held pharmaceutical company founded by his grandfather with just 28 employees.
  • Founded in 1885 in Ingelheim am Rhein, Germany (and still headquartered there), its entrepreneurial roots date as far back to 1817.
  • The company employs 53,000 people worldwide and has a presence in 130 markets.
  • Some of its most well-known drugs include those that treat COPD, anti-coagulation and type 2 diabetes.
  • Albert along with 14 members of the family own equal parts of the company; they are part of the third, fourth or fifth generation.