Name
Frederik Paulsen
Primary Residence
Lausanne, Switzerland
Citizenship
Sweden
Source Of Wealth
health care
Net Worth
$7,400,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
203
Forbes List Rank One: Title
#207 Billionaires 2019
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Summary
Frederick Paulsen inherited small drugmaker Ferring Pharmaceuticals, founded by his father in 1950.When he took over running the business in 1983, it generated $15 million in annual revenue.Today the biotech outfit, which makes infertility, obstetrics, urology, gastroenterology and endocrinology drugs, has estimated sales of $2.2 billion.Ferring employs more than 6,500 people and has subsidiaries in nearly 60 countries.Board members include Hélène Ploix, former director of the IMF, and Alexandra, the Countess of Frederiksborg, a former Danish princess.
Did you know?
Paulsen enjoys extreme adventure travel: he was the first person to cross the Bering Strait from Alaska to Russia in an ultralight aircraft.Paulsen's father named the company Ferring after the name for inhabitants of Föhr, his native island off the coast of Germany.
Age
68
Categories
Number of Children
3
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