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Rank #160
Thomas Struengmann & family
$11547.8B
Tegernsee, , Germany
Healthcare
Biography
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.
Financial Assets
BioNTech Sponsored ADR
NASDAQ: BNTX-USShares: 53,057,000