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Thomas Struengmann & family
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-US

Shares: 53,057,000