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#236 Billionaire

Thomas Struengmann & family

Thomas Struengmann & family
$11.5B
$-150M (-1.3%)
DE · Age 76
Source of wealth: Pharmaceuticals
Industry: healthcare
Residence: Tegernsee
{ "bio": [ "Thomas Struengmann and twin brother Andreas were early backers of German firm BioNTech, which partnered with Pfizer to make a vaccine for Covid-19.", "The brothers cofounded generic drugmaker Hexal in 1986 and sold it to Novartis in 2005 for some $7 billion.", "The brothers invest in biotech, pharma, life sciences and healthcare companies through their Zug, Switzerland-based investment firm, Santo Holding.", "In 2008, they established a neuroscience research center in Frankfurt named after their father, Ernst Struengmann." ], "about": [ "After obtaining a business degree from the University of Augsburg, Thomas worked as a marketing manager for Schering-Plough.", "Like his brother, an identical twin, he is said to be an accomplished golfer and likes to ski. He reportedly collects modern art and Swiss watches." ] }

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