Rank #525
Frederik Paulsen
Net worth $7.4B
Health care · Sweden
- Born
- Oct 30, 1950
- Age
- 75
- Source
- Health care
- Residence
- Lausanne
- Citizenship
- Sweden
- Marital status
- Divorced
- Children
- 3
- Education
Net worth over time
Biography
- Frederick Paulsen inherited small drugmaker Ferring Pharmaceuticals, founded by his father in 1950.
- When he took over running the business in 1983, it generated $15 million in annual revenue.
- Today the biotech outfit, which makes infertility, obstetrics, urology, gastroenterology and endocrinology drugs, has estimated sales of $2.2 billion.
- Ferring employs more than 6,500 people and has subsidiaries in nearly 60 countries.
- Board members include H?l?ne Ploix, former director of the IMF, and Alexandra, the Countess of Frederiksborg, a former Danish princess.
- Paulsen enjoys extreme adventure travel: he was the first person to cross the Bering Strait from Alaska to Russia in an ultralight aircraft.
- Paulsen's father named the company Ferring after the name for inhabitants of F?hr, his native island off the coast of Germany.
Financial assets
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