Wolfgang Marguerre’s profile picture

Wolfgang Marguerre

Wolfgang Marguerre’s profile picture
Net worth 2018: $6.14 Billion
Industry: Healthcare
Residence: Heidelberg, Germany
Country: Germany
BirthDay: 1941
Children: 3
BIOGRAPHY

Wolfgang Marguerre was bornon 1941 in Heidelberg, Germany, Germany. Wolfgang Marguerre is #303 in List Billionaires People In The World. Wolfgang Marguerre founded Octapharma in Switzerland in 1983 and turned it into one of the world's largest manufacturers of blood plasma products. Developing and producing medicines derived from human proteins, it has production plants in six countries, more than 6,200 employees in 32 countries and annual revenue of over $1.6 billion. Marguerre owns 100% of the company -- the "octa" in its name is taken from the Greek word for eight, the factor deficient in people with hemophilia A -- and channels most of the profits into research and development and expanding production capacity. Octapharma is a leading corporate sponsor of Save One Life, an international nonprofit that supports children and adults with blood disorders. Marguerre personally donated $17.5 million to renovate Theater Heidelberg in 2008 and $1.13 million to the city of Heidelberg in 2015 to accept and integrate refugees. Two of his three children are in company management -- Frederic, as the shareholders' representative and president of Octapharma Plasma Inc. USA; and Tobias, as managing director of Octapharma Nordic AB. In the U.S., which is the largest and most profitable blood plasma market, Octapharma operates more than 45 donation centers and has built a new facility in Charlotte, NC. The company received criticism in 2015, after it became public that in 2013 it paid a consultant fee to the former Portuguese prime minister, José Sócrates, who is under the suspicion of corruption, money laundering and tax fraud.

NET WORTH STATISTIC
2014

$3.4 Billion

2015

$2.8 Billion

2016

$6.1 Billion

2017

$5.2 Billion

2018

$6.14 Billion

TIMELINE
Wolfgang Marguerre (born 1941) is a German billionaire businessman, the chairman and owner of the Octapharma GroupHe founded Octapharma in 1983 with Robert Taub. Octapharma is owned by Marguerre and his three children, two of whom, Frederic Marguerre and Tobias Marguerre, sit on the management board.As of November 2016, Forbes estimated his net worth at US$5.8 billion.Born in Germany in 1941, Marguerre was raised and educated in Heidelberg, where he read Political and Economic Science at Heidelberg University. He obtained his MBA at INSEAD in 1972. After which, he was managing director at Pharmaplast (division of A.P. Möller) for three years in Copenhagen, before moving to Baxter-Travenol Europe in Brussels as their director and business manager of Hyland-Division. In 1979, he became senior executive vice-president of the Revlon Healthcare Group in Paris, a role which he continued until 1983, when he founded Octapharma.In April 2009, Marguerre was awarded the Légion d’honneur, the highest decoration bestowed by France. In November 2011 he was awarded the Gold Decoration of Honour for Services to the Republic of Austria (Grosses Goldenes Ehrenzeichen).Marguerre sponsors 70 children with bleeding disorders in India, Nepal, Romania and the Philippines through Save One Life, an international non-profit organization that supports children and adults with blood disorders.Marguerre has played the violin since the age of six. A supporter of the arts, he helped to save the Heidelberg Theatre which had been threatened with closure. When the theatre was reopened in 2012 the newly built state-of-the-art stage was named the “Marguerre-Saal” (Marguerre Hall) in his honour. Marguerre speaks five languages.
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