Ludwig Merckle
$18.0B
Born
Jan 01, 1965
Age
61
Source of Wealth
Pharmaceuticals
Residence
Ulm,
Citizenship
Germany
Marital Status
Married
Children
2
Education
- Most of Ludwig Merckle's wealth is from HeidelbergCement; he owns 27% after having sold nearly half the company following the 2008 financial crisis.
- Along with other members of his family, he owns Phoenix Pharma SE, a drug wholesaler that also operates a chain of retail pharmacies.
- After his father Adolf's death in 2009, Ludwig impressively turned around a tumbling family fortune mired in crisis and debt.
- To finance the rescue, he sold drug maker Ratiopharm and nearly had to sell Phoenix.
- He owns the snowcat maker Kaessbohrer and is co-owner of Zollern, which makes a range of products including bearings, gears, winches and motors.
- Ludwig Merckle was named Family Entrepreneur of the Year in 2017 by PwC's INTES Family Business Academy.
- A naturalist by hobby, he also owns the forestry company Blauwald.
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