Knowledge (XXG)

Andreas Strüngmann

Source 📝

134:
with a €136.5 million seed investment in a €150 million round that enabled the founding of the company. In 2023, they owned 43.5 percent of BioNTech through an investment vehicle called AT Impf, making their stake worth around $ 14 billion.
120:
the largest generic-drug company in the world. At age 56, he subsequently accepted an executive position at Sandoz, working as head of regional operations in Europe, Africa and Asia-Pacific.
371: 166:
and South Africa and is married with two children. In 2007, he and his wife established the Andreas and Susan Struengmann Foundation to support educational initiatives in the
350: 416: 411: 381: 217: 77:
industries. Andreas manages, together with his brother, their total family assets, estimated to be roughly $ 30 billion, through their single
278: 123:
In 2008, the Strüngmann brothers – through their asset management firm Athos – agreed to underwrite 25 percent of a capital increase at
406: 65:($ 1.6 billion sales during 2004) in 1986 and has built his fortunes, with his life-long partner and identical twin, 151: 401: 396: 179: 90: 66: 199: 332: 314: 296: 336: 318: 203: 354: 282: 94: 74: 390: 265: 78: 70: 108:
In February 2005, the Strüngmann brothers sold Hexal and their 67.7 percent of U.S.
333:‘Biotech is the ultimate impact investment’ — family offices can’t get enough of it 315:‘Biotech is the ultimate impact investment’ — family offices can’t get enough of it 167: 143: 58: 376: 242: 163: 351:
SIG Deal Shows Private Equity’s Desire for Big Leveraged Buyouts in Europe
57:(born 1950) is a German physician and billionaire businessman who founded 131: 113: 109: 300: 246: 147: 124: 98: 260: 139: 117: 93:– through their Santo Holding – acquired a share of 89.6 percent in 102: 62: 218:"Ex-Head of Family Office for $ 31 Billion Fortune Builds Firm" 150:
for €2.2 billion, leading the latter to abandon plans for an
101:. In 2017, they sold the bank for an undisclosed price to 349:
Christopher Hughes and Olaf Storbeck (25 November 2014),
138:
In 2014, the Strüngmann brothers' Santo Holding and
277:Heather Timmons and Tom Wright (22 February 2005), 44: 36: 28: 21: 297:Conergy gets investor support for cap hike -paper 130:Also in 2008, the Strüngmann brothers supported 243:Austria's BAWAG PSK buys Germany's Suedwestbank 200:Familie Strüngmann: Papas, Pioniere und Piraten 8: 18: 116:for $ 7.5 billion, making its subsidiary 89:In 2004, Strüngmann and his twin brother 69:, mainly through the investment into the 268:. March 2013. Retrieved on 27 May 2013. 191: 162:Strüngmann currently has residences in 279:Novartis to Buy Two Makers of Generics 7: 417:21st-century German businesspeople 412:20th-century German businesspeople 14: 295:Nicola Leske (20 February 2008), 198:Heide Neukirchen 21 March 2006), 241:Shadia Nasralla (17 July 2017), 1: 372:Forbes World's Richest People 331:Denise Roland (15 May 2023), 313:Denise Roland (15 May 2023), 266:"Andreas Strungmann - Forbes" 382:Andreas Strungmann biography 144:Siemens Audiology Solutions 32:1950 (age 73–74) 433: 152:initial public offering 180:List of billionaires 407:German billionaires 377:Forbes Billionaires 48:Co-founder of Hexal 55:Andreas Strüngmann 23:Andreas Strüngmann 16:German billionaire 67:Thomas Strüngmann 52: 51: 424: 359: 347: 341: 329: 323: 311: 305: 293: 287: 275: 269: 257: 251: 239: 233: 232: 230: 229: 214: 208: 196: 19: 432: 431: 427: 426: 425: 423: 422: 421: 387: 386: 368: 363: 362: 348: 344: 337:Financial Times 330: 326: 319:Financial Times 312: 308: 294: 290: 276: 272: 258: 254: 240: 236: 227: 225: 216: 215: 211: 204:Manager Magazin 197: 193: 188: 176: 160: 87: 24: 17: 12: 11: 5: 430: 428: 420: 419: 414: 409: 404: 399: 389: 388: 385: 384: 379: 374: 367: 366:External links 364: 361: 360: 355:New York Times 342: 324: 306: 288: 283:New York Times 270: 252: 234: 209: 190: 189: 187: 184: 183: 182: 175: 172: 159: 156: 86: 83: 75:pharmaceutical 50: 49: 46: 45:Known for 42: 41: 38: 34: 33: 30: 26: 25: 22: 15: 13: 10: 9: 6: 4: 3: 2: 429: 418: 415: 413: 410: 408: 405: 403: 402:Living people 400: 398: 395: 394: 392: 383: 380: 378: 375: 373: 370: 369: 365: 357: 356: 352: 346: 343: 340: 338: 334: 328: 325: 322: 320: 316: 310: 307: 304: 302: 298: 292: 289: 286: 284: 280: 274: 271: 267: 263: 262: 256: 253: 249: 248: 244: 238: 235: 223: 222:Bloomberg.com 219: 213: 210: 206: 205: 201: 195: 192: 185: 181: 178: 177: 173: 171: 169: 165: 158:Personal life 157: 155: 153: 149: 145: 141: 136: 133: 128: 126: 121: 119: 115: 111: 106: 104: 100: 96: 92: 84: 82: 80: 79:family office 76: 72: 71:biotechnology 68: 64: 60: 56: 47: 43: 39: 35: 31: 27: 20: 353: 345: 335: 327: 317: 309: 299: 291: 281: 273: 259: 255: 245: 237: 226:. Retrieved 224:. 2022-02-01 221: 212: 202: 194: 168:Western Cape 161: 137: 129: 122: 107: 88: 59:generic drug 54: 53: 40:Entrepreneur 397:1950 births 95:Südwestbank 391:Categories 228:2024-08-26 186:References 142:purchased 37:Occupation 164:Tegernsee 174:See also 132:BioNTech 114:Novartis 110:Eon Labs 63:Hexal AG 301:Reuters 247:Reuters 148:Siemens 125:Conergy 99:DZ Bank 261:Forbes 140:EQT AB 118:Sandoz 91:Thomas 85:Career 61:maker 146:from 103:BAWAG 97:from 73:and 29:Born 112:to 393:: 264:. 220:. 170:. 154:. 127:. 105:. 81:. 358:. 339:. 321:. 303:. 285:. 250:. 231:. 207:.

Index

generic drug
Hexal AG
Thomas Strüngmann
biotechnology
pharmaceutical
family office
Thomas
Südwestbank
DZ Bank
BAWAG
Eon Labs
Novartis
Sandoz
Conergy
BioNTech
EQT AB
Siemens Audiology Solutions
Siemens
initial public offering
Tegernsee
Western Cape
List of billionaires
Familie Strüngmann: Papas, Pioniere und Piraten
Manager Magazin
"Ex-Head of Family Office for $ 31 Billion Fortune Builds Firm"
Austria's BAWAG PSK buys Germany's Suedwestbank
Reuters
Forbes
"Andreas Strungmann - Forbes"
Novartis to Buy Two Makers of Generics

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.