Rank #2415
Carlos Sanchez
Net worth $1.7B
Generic drugs · Brazil
- Born
- Jan 21, 1962
- Age
- 64
- Source
- Generic drugs
- Residence
- Santo Andre
- Citizenship
- Brazil
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Carlos Sanchez owns and runs privately-held generic drug firm EMS S.A., which was founded by his late father.
- EMS S.A. sells prescription, generic, branded generic and over-the-counter products.
- In recent years, the company has benefited from adding drugs including generic versions of Viagra and Lipitor to its sales arsenal.
- EMS was founded by Sanchez' father, Emiliano, in 1950 as a small pharmacy. Sanchez inherited EMS at age 26 when his father died.
- Sanchez owns 75% of EMS; the rest is owned by the sons of his sister, who passed away in 2009.
- Sanchez reportedly bid $85 million for Edvard Munch painting The Scream at a Sotheby's auction but was outbid by billionaire Leon Black at $119.9 million.