Rank #2453
Ludwig Theodor Braun
Net worth $1.7B
Medical technology · Germany
- Born
- Jan 01, 1990
- Age
- 36
- Source
- Medical technology
- Residence
- Melsungen
- Citizenship
- Germany
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Ludwig Theodor Braun owns 10% of the medical device company B. Braun Melsungen, which began in 1839 as a small pharmacy that sold herbal remedies.
- His father, Ludwig Georg Braun, took the reins in 1977, when the company had just $24 million in annual sales (now around $8 billion).
- A sixth-generation family member, Ludwig Theodor is the youngest son of Ludwig Georg. His sister Anna Maria is CEO of B. Braun.
- Today, with more than 64,000 employees globally, B. Braun manufactures products ranging from infusion and injection solutions to surgical instruments.
- B. Braun has been operating in Africa for more than 60 years, and now has subsidiaries in Zambia, Algeria, South Africa, Zimbabwe and Kenya.