Ernesto Bertarelli’s profile picture

Ernesto Bertarelli

Ernesto Bertarelli’s profile picture
Net worth 2018: $8.94 Billion
Industry: Health care
Residence: Rome, Italy
Country: Switzerland
BirthDay: 22 September 1965
Sigh: Libra
Children: 3
Education: Bachelor of Arts / Science, Babson College; Master of Business Administration, Harvard University
BIOGRAPHY

Ernesto Bertarelli was bornon 22 September 1965 in Rome, Italy, Switzerland. Ernesto Bertarelli is #178 in List Billionaires People In The World. Ernesto Bertarelli inherited biotech giant Serono, maker of the billion-dollar multiple sclerosis drug Rebif, following his father's death in 1998. Along with his sister Dona, he expanded the company to $2.4 billion in revenues before selling it to Merck for $9 billion in 2007. Ernesto and Dona run the Bertarelli Foundation, which focuses on marine conservation and life sciences research. A yacht enthusiast, his Team Alinghi races in the Extreme Sailing Series and is a rival of fellow billionaire Larry Ellison. He also owns the $100 million superyacht Vava II. The family's Waypoint Group has investments ranging from commercial real estate in London to drug companies.

NET WORTH STATISTIC
2009

$8.2 Billion

2010

$10 Billion

2011

$10 Billion

2012

$10.6 Billion

2013

$11 Billion

2014

$12 Billion

2015

$8.8 Billion

2016

$8.6 Billion

2017

$8.6 Billion

2018

$8.94 Billion

TIMELINE
2017

According to Forbes, Bertarelli has an estimated net worth of $9 billion, as of August 2017

2016

Alinghi now competes in the Extreme Sailing Series, which it most recently won in 2016, and in the summer-long, one-class D35 championship on Lake Geneva

2013

Bertarelli was awarded an Honorary Doctorate of Marine Sciences from Plymouth University in 2013

2010

The race finally took place in February 2010, in Valencia, Spain

2008

In December 2008, Appledore Shipbuilders launched the hull of Project55, Bertarelli's new yacht, which was completed as Vava II by Devonport Engineering Consortium Ltd at Plymouth in February 2012

2007

Société Nautique de Genève and Bertarelli's efforts to organize the 33rd America's Cup following their 2007 victory in Alinghi were subject to numerous legal challenges by the Golden Gate Yacht Club

2006

The Bertarelli Foundation, in Trelex, Switzerland, merged into the Foundation FABER, in Lausanne, in 2006, and since 2008 a renewed Bertarelli Foundation has regrouped the family's numerous philanthropic initiatives in the fields of charity, health, sciences, sport and culture

2003

In recognition of his success, in 2003 Bertarelli was named Chevalier de la Légion d'honneur by French President Jacques Chirac, and was given the Cavaliere di Gran Croce by Carlo Azeglio Ciampi, President of the Italian Republic

2002

Between 2002 and 2009, Bertarelli served as a board director of UBS AG

2000

The couple married in 2000, and have three children

1999

Bertarelli and his family established a foundation in 1999 for promoting research and development in the field of male and female infertility, assisted reproduction technologies, andrology, genetics and endocrinology; supporting training, education and international and national exchanges in these areas through grants

1996

Changing the company's focus from pharmaceuticals to biotechnology, revenues increased from $809 million in 1996 to $2

1989

He graduated from Babson College in 1989, and earned an MBA at Harvard Business School in 1993

1988

Bertarelli met Kirsty Roper, a former 1988 Miss UK and songwriter, while on holiday in Italy in 1997

1977

Born in Rome, his family moved to Switzerland in 1977

1965

Ernesto Bertarelli (born 22 September 1965) is an Italian-born Swiss businessman and philanthropist

1935

In 1935 he became the company's managing director, a position he was succeeded in by his son, Fabio Bertarelli, in 1965

1906

His grandfather, Pietro, joined Serono, a pharmaceutical company founded in 1906

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