Thomas Struengmann’s profile picture

Thomas Struengmann

Thomas Struengmann’s profile picture
Net worth 2018: $3.72 Billion
Industry: Health care
Residence: Tegernsee, Germany
Country: Germany
Children: 4
Education: Master of Business Administration, University of Augsburg; Master of Business Administration, University of Augsburg
BIOGRAPHY

Thomas Struengmann was born in Tegernsee, Germany, Germany. Thomas Struengmann is #606 in List Billionaires People In The World. In 2005, Thomas Struengmann and his twin brother, Andreas, who together founded generic drug maker Hexal AG in 1986, sold the business (along with their 68% stake in U.S.-based Eon Labs) to Novartis for $7.5 billion. Since then, they've been actively investing in biotechnology and pharmaceutical companies. Their holdings also include a private bank, Stuttgart-based Sudwestbank. In 2008, they established a neuroscience research center in Frankfurt named after their father, Ernst Struengmann. After obtaining a business degree from the University of Augsburg, Thomas worked as a marketing manager for the U.S. pharmaceutical company Schering-Plough. Like his brother, he is said to be an accomplished golfer and likes to ski. He reportedly collects modern art and Swiss watches.

NET WORTH STATISTIC
2009

$3.6 Billion

2010

$3.8 Billion

2011

$3.9 Billion

2012

$3.3 Billion

2013

$3.4 Billion

2014

$3.5 Billion

2015

$3.3 Billion

2016

$3.2 Billion

2017

$3.1 Billion

2018

$3.72 Billion

TIMELINE
Thomas Strüngmann (born 1950) founded generic drug maker Hexal AG ($1.6 billion sales during 2004) in 1986. In February he and his brother Andreas sold Hexal and their 67.7% of U.S. Eon Labs to Novartis for $7.5 billion.
(4.2/132 votes)
Related Person
Andreas Struengmann’s profile picture
Andreas Struengmann
Net Worth is $3.72 Billion
Thomas Struengmann’s profile picture
Thomas Struengmann
Net Worth is $3.72 Billion
Barbara Piasecka Johnson’s profile picture
Barbara Piasecka Johnson
Net Worth is $3.6 Billion
Pat Stryker’s profile picture
Pat Stryker
Net Worth is $3.51 Billion
John Brown’s profile picture
John Brown
Net Worth is $3.5 Billion
Alain Merieux’s profile picture
Alain Merieux
Net Worth is $3.15 Billion