Meet The 8 Billionaires Of The B. Braun Melsungen Family
B. Braun Melsungen AG, a German pharmaceutical and medtech company, has turned eight of Ludwig Georg Braun’s relatives, including his 5 children and 3 of his cousin Barbara Luedicke’s children, into billionaires.
It all started way back in June 23, 1839, when when Julius Wilhelm Braun, Ludwig’s great-great-grandfather, purchased Rosen-Apotheke, a small pharmacy in Melsungen, Germany.
Julius’ eldest son Bernhard Braun, who took over in 1864, began manufacturing pharmaceutical products like migraine sticks and plasters.
Later, in 1977, when Ludwig Georg Braun took over the family business, its sales were only $ 24 million.
Today B. Braun Melsungen is one of the world´s leading healthcare suppliers, has more than $5 billion in sales and employs 50,000 people. B. Braun Melsungen AG is still owned by the Braun family.
Here, we break down the names and net worths of all 8 B. Braun Melsungen AG billionaires:
[Children of Ludwig Georg Braun]
1) Otto Philipp Braun
Stake: 23%
Estimated net worth: $3.5 billion
2) Karl Friedrich Braun
Stake: 10%
Estimated net worth: $1.5 billion
3) Anna Maria Braun
Stake: 10%
Estimated net worth: $ 1.5 billion
4) Johanna Braun
Stake: 10%
Estimated net worth: $ 1.5 billion
5) Ludwig Theodore Braun
Stake: 9.7%
Estimated net worth: $ 1.44 billion
[Children of Barbara Luedicke]
6) Bernhard Sebastian Braun-Luedicke
Stake: 11.7%
Estimated net worth: $ 1.7 billion
7) Eva Maria Braun-Luedicke
Stake: 11.7%
Estimated net worth: $ 1.7 billion
8) Friederike Braun-Luedicke
Stake: 11.7%
Estimated net worth: $ 1.7 billion
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz