Ludwig Theodor Braun
Melsungen, Germany
Germany
medical technology
$1,000,000,000
2057
#2057 Billionaires 2019
Ludwig Theodor Braun owns 10% of the medical device company B. Braun Melsungen, which began in 1839 as a small pharmacy that sold herbal remedies.His father, Ludwig Georg Braun, took the reins in 1977, when the company had just $24 million in annual sales (now around $8 billion).Today, with 60,000 employees globally, B. Braun manufactures products ranging from infusion and injection solutions to surgical instruments.
A sixth-generation family member, Ludwig Theodor is the youngest son of Ludwig Georg.B. Braun has been operating in Africa for more than 60 years, and now has subsidiaries in Zambia, Algeria, South Africa, Zimbabwe and Kenya.
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