THOMAS STRÜNGMANN • Net Worth $3.5 Billion • House • Yacht • Private Jet

Name:Thomas Strüngmann
Net Worth:$ 3,5 billion
Source of Wealth:Hexal (sold to Novartis)
Born:February 16, 1950
Age:
Country:Germany
Wife:Connie Strungmann
Children:Fiona, Felix, Fabian, Agustina
Residence:Tegernsee
Private Jet:Unknown
Yacht:Van Tom


Who is Thomas Strüngmann?

Thomas Strüngmann is the co-founder of Hexal, which he sold to Novartis. He was born on February 16, 1950. He is married to Connie Strungmann. They have 4 children: Fiona Strüngmann, Felix Strüngmann, Fabian Strüngmann, and Agustina Strüngmann.

Hexal

Thomas co-founded Hexal in 1986. The company launched the very successful cholesterol-lowering drug simvastatin, a replacement for Merck’s drug called Zocor.

In 2005, Thomas Strüngmann and his twin brother Andreas sold Hexal to Novartis for around $7 billion.

The brothers invest in biotech, pharmaceutical, life science, and health companies through their Zug-based investment company Santo Holding. Their portfolio includes the German Biontech and the Uruguayan Mega Pharma, originally a joint venture with the Argentine billionaire Alberto Roemmers. In April 2020, Biontech received approval to test four vaccines against Covid-19.

The development costs are largely borne by the US pharmaceutical company Pfizer and the Chinese company Fosun Pharma.

In 2008, the Strüngmann brothers also founded a neuroscientific research center in Frankfurt, which was named after their father Ernst Strüngmann.

Thomas Strungman Net Worth

His net worth is $3.5 billion.

Sources

https://en.wikipedia.org/wiki/Thomas_Strungmann

https://www.forbes.com/profile/thomas-struengmann/

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Thomas Strungmann


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Thomas Strüngmann House

Thomas Strüngmann Yacht


He is the owner of the yacht Van Tom. She is a Heesen 50m aluminum yacht.