Rank #290
Andreas Struengmann & family
Net worth $11.1B
Pharmaceuticals · Germany
- Born
- Feb 16, 1950
- Age
- 76
- Source
- Pharmaceuticals
- Residence
- Tegernsee
- Citizenship
- Germany
- Marital status
- Married
- Children
- 2
- Education
- Medical Doctor, University at Buffalo
Net worth over time
Biography
- Andreas Struengmann and twin brother Thomas were early backers of BioNTech, which partnered with Pfizer to make a vaccine for Covid-19.
- The brothers cofounded generic drugmaker Hexal in 1986 and sold it to Novartis in 2005 for some $7 billion.
- The brothers invest in biotech, pharma, life sciences and healthcare companies through their Zug, Switzerland-based investment firm, Santo Holding.
- In 2008, they established a neuroscience research center in Frankfurt named after their father, Ernst Struengmann.
- After studying medicine in Freiburg, Germany, Andreas worked as a doctor in South Africa.
Financial assets
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