One thing is for certain in life; people are always going to fall sick. There are already plenty of medicines available in pharmaceutical shops to cure illness. Where do these medicines come from? Who are the people behind the introduction of various health care systems? Compiled below, we have made a list of billionaires who have benefited most from providing life saving cures to the ill fated.
Dilip Shanghvi hails from India and has a net worth of around $13 billion. He is the man pulling all the strings in the drug company Sun Pharmaceuticals Industries. The company is valued as the most valuable drug company in India. The man graduated from the University of Calcutta with a degree in Commerce. His younger brother, Jayant Shanghvi runs a business enterprise named Pratham Enterprises, and it invests in real estate.
Ernesto struck gold when he inherited the biotech giant Serono in 1998 after his father passed away. The company, Serono, excels in manufacturing the multiple sclerosis drug Rebig. Besides sclerosis, the company is also a frontrunner in several other fields namely Reproductive Health, Growth & Metabolism and Dermatology. He has a net worth of $12 billion.
Hansjoerg has a net worth of $11 billion. Most recently in 2012, the man made major headlines when he sold his company, Synthes, a medical device manufacturer, to Johnson & Johnson for around $20 billion. The Swiss born Wyss founded the company in 1974 with an objective of manufacturing devices for trauma and orthopedic surgery.
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The Italian possesses a fortune of $11 billion. He is known to be the largest single shareholder of Walgreen Co with 8% stake. The man turned the fortunes of his family’s Naples pharmaceutical wholesaler around when he turned it into Alliance UniChem Group. The company would merge later with Boots Group to become Alliance Boots. Stefano has been the Executive Chairman of Alliance Boots since 2007 and has done a remarkable job while at the helm. He has around 18% stake in Alliance Boots; the company which currently turns in revenues of up to $23 billion annually.
Patrick Soon Shiong is the surgeon who also dons the hat of an entrepreneur. He has a net worth of $10 billion and that is in no part because of his surgeries. The man holds the enviable position of being the chairman of Chan Soon Shiong Family Foundation and Chan Soon Shiong Institute for Advanced Health. Besides that, the man also has some shares in the basketball team Los Angeles Lakers. He generated around $5.6 billion through the sale of his company American Pharmaceutical Partners in 2008. He earned extra money and stocks (around $3 billion to be exact) through the sale of Abraxis BioScience in 2010.
Dr. Thomas Frist has a net worth of around $6 billion. Both father Thomas Frist and son Thomas Frist Jr were involved in the establishment of the Hospital Corporation of America. His shares were at an all time high very recently when the shares of HCA holding increased seven fold. Thomas First Jr, along with his family holds nearly 15% share in HCA.
Vaccine billionaire Cyrus Poonawalla’s net worth of $5 billion makes him the 7th richest Health Care tycoon in the world. He is the owner of Serum Institute of India, a company which focuses on producing pediatric vaccines for MEnAfriVac, meningitis etc at a very large scale. The Chairman of Poonawalla Group graduated from the esteemed Brihan Maharashtra College of Commerce.
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Where would a man having poor eyesight be without the introduction of optical wear? Guenther Fielmann answered the cries of those helpless beings with the establishment of company Fielmann AG in 1972. The company went public in 1994 and it hasn’t looked back since making its debut. Guenther, along his family owns nearly 72% stake in the company. Fielmann AG reportedly made around $1.35 billion in sales in 2013.
Neils Peter has a net worth of $4.4 billion. He serves as the deputy chairman of Danish health care company Coloplast. The company is one of the leading companies in the manufacture of medical devices and services in the fields -colostomy, continence and urology. He is the largest shareholder of the company with 20% stake.
The doctor and entrepreneur, Alain Merieux has a net worth of $4 billion. He is credited to establishing the billion dollar enterprise bioMerieux. The man is not someone who wastes his time whistling Dixie; he has responsibilities to uphold as the chairman of Institut Merieux. Institut Merieux uses its expertise in diagnostics, immunotherapy and nutrition to help ailing patients all over the world.