Franz von Baumbach
$5.8B
Born
Jul 27, 2001
Age
24
Source of Wealth
Pharma
Residence
Ingelheim,
Citizenship
Germany
Marital Status
Children
0
Education
- 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.
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