Rank #603
Franz von Baumbach
Net worth $6.6B
Pharma · Germany
- Born
- Jul 27, 2001
- Age
- 24
- Source
- Pharma
- Residence
- Ingelheim
- Citizenship
- Germany
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Franz von Baumbach is an heir to the Boehringer Ingelheim fortune, a company best known as the largest private player in the pharmaceutical industry.
- Founded in 1885, the company grew by making ingredients for pharmacies, textile merchants and the food industry; and boasted a workforce of 1,500 by 1939.
- Today, Boehringer Ingelheim, whose most well-known drugs treat COPD, anti-coagulation and type 2 diabetes, employs 53,000 people and has a presence in 130 markets.