Who is Ernesto Bertarelli?
He is a Swiss-Italian entrepreneur with an estimated net worth of US$ 8 billion. This net worth makes him the richest billionaire in Switzerland. He was born in November 1965 in Rome. He is married to Kirsty Bertarelli, they have 3 children (Alceo Bertarelli, Falco Bertarelli, and Chiara Bertarelli).
He graduated from Babson College. Babson is a private business school in the US. He founded the yachting team Alinghi. Which defeated Team New Zealand in Auckland to win the America’s Cup in 2013.
It was the first time a team had ever won the coveted sailing trophy on its first attempt. And the first team from Europe to win.
His father founded Serono, a Swiss pharmaceutical company. Bertarelli became CEO and Deputy Chairman in 1996. When his father died, he and his sister Dona inherited Serono in 1998.
Changing the company’s focus from pharmaceuticals to biotechnology, revenues increased rapidly.
The company is famous for a natural hormone used in the treatment of female infertility. And for the multiple sclerosis therapy Rebif.
He is currently the owner of the Kedge Capital Group. Kedge is an investment management firm. And he owns Ares Life Sciences, a private equity company. Bertarelli is an active sailor. His team Alinghi won the America’s cup twice.
Since 2017 he is a director of UBS Ag.
Ernesto Bertarelli Net Worth
In 2007 Serono was sold to Merck KGAA for US$ 13 billion. The merged company is now named Merck-Serono. He and his sister both received US$ 4,5 billion. His net worth is now US$ 8 billion.
Bertarelli is active in philanthropy through his Bertarelli Foundation. The foundation focuses on healthcare projects and marine conservation. The Foundation sponsors the world’s largest marine reserve in the Chagos Islands. The Islands are in the Indian Ocean.
Covering a protected area of some 210,000 sq. miles, the no-take reserve that bans commercial fishing is helping to protect. It has been described as the most pristine tropical marine environment on the planet.
The foundation also supports the Ecole Polytechnique Fédérale de Lausanne. To push discoveries in biological mechanisms in neuroscience. He sits on the strategic advisory board of the Swiss school.
Bertarelli was awarded the Légion d’Honneur by President Jacques Chirac of France.