Ludwig Theodor Braun
$1.5B
Born
Jan 01, 1990
Age
35
Source of Wealth
Medical technology
Residence
Melsungen,
Citizenship
Germany
Marital Status
Children
0
Education
- 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.
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