Wilhelm Beier & family
$2.9B
Born
Apr 21, 1956
Age
69
Source of Wealth
Pharmaceuticals
Residence
,
Citizenship
Germany
Marital Status
Children
0
Education
- Wilhelm Beier is the chairman of the supervisory board of Dermapharm, a pharmaceutical company he founded in 1991.
- Dermapharm, based in Gruenwald near Munich, manufacturers generic drugs for maladies ranging from insect bites to fungal diseases and osteoporosis.
- Nearly half of its revenues come from the so-called "parallel trade'': arbitraging price differences for drugs between countries.
- Dermapharm, which went public in 2018, is expanding into the business of medical marijuana. Beier and his family still own more than 70% of the company.
- The company holds over 40% of one Germany's most popular home shopping television channels.
- Wilhelm's wife Elisabeth runs the company's international business, while son Michael runs online perfume shop Point Rouge.
- Known as "Willi" in Munich, Beier has reportedly hosted parties with celebrity guests at his estate in Kitzbuehel, Austria, one of the world's top ski resorts.
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