Rank #614
Otto Boehringer
Net worth $6.5B
Pharmaceuticals · Germany
- Born
- Jul 11, 1930
- Age
- 95
- Source
- Pharmaceuticals
- Residence
- Ingelheim
- Citizenship
- Germany
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Otto Boehringer derives his fortune from Germany's Boehringer Ingelheim, the world's largest privately-owned pharmaceutical company.
- Now in its fifth generation, Boehringer Ingelheim was founded in 1885 but traces its entrepreneurial roots back to 1817.
- The company grew by selling ingredients to pharmacies, textile merchants and the food industry and had a workforce of 1,500 by 1939.
- Today it employs 53,000 and boasts a presence in 130 markets.
- Otto along with 14 members of the family own equal parts of the company.