Introduction:
Curt Engelhorn was a German billionaire who was the former owner of the pharmaceutical company Boehringer Mannheim. He was ranked as the 80th richest person in the world by Forbes with an estimated net worth of $11.7 billion. However, after he passed away in 2016, his estate revealed that his fortune was actually much larger. In this blog post, we will explore the untold Curt Engelhorn net worth and discuss the different aspects of his extraordinary business career.
Early Life:
Curt Engelhorn was born in 1926 in Mannheim, Germany. He was the grandson of Carl Duisberg, who founded the chemical company IG Farben. Engelhorn grew up in a wealthy family and went on to study chemistry at the University of Freiburg.
Business Career:
Engelhorn started his career in the pharmaceutical industry at Boehringer Mannheim, where he eventually became the CEO in 1971. Under his leadership, the company became a global leader in medical diagnostics before being acquired by Roche for $11 billion.
Investments:
In addition to his role at Boehringer Mannheim, Engelhorn was also an investor with a diverse portfolio of businesses. He was an early investor in eBay and owned a significant stake in the company before it went public. He also invested in real estate, art, and other businesses around the world.
Philanthropy:
Curt Engelhorn was a generous philanthropist who donated millions of dollars to support scientific research and cultural institutions. He founded the Curt Engelhorn Foundation for the Promotion of Science and Culture, which funds scholarships and research projects in various fields.
Personal Life:
Engelhorn was a private individual who was married and had four children. He was known for his love of sailing and often participated in regattas around the world. He also collected art and amassed an extensive collection of impressionist and post-impressionist works.
Untold Net Worth:
After Curt Engelhorn’s passing, his estate revealed that his net worth was actually much larger than previously thought. According to Bloomberg, he had a fortune worth over $20 billion, which included real estate, stocks, and other assets.
Legacy:
Curt Engelhorn left behind a legacy of business success, philanthropy, and personal passion. He was an influential figure in the pharmaceutical industry and made significant contributions to science and culture. His estate continues to support his philanthropic endeavors and invest in new ventures.
Conclusion:
The untold Curt Engelhorn net worth is a testament to his incredible success as a business magnate and investor. He was a private individual who made a profound impact on the world through his philanthropic projects and passion for sailing and art. His legacy continues to inspire and influence others in the business world and beyond.
FAQs:
Q1. How did Curt Engelhorn make his fortune?
A1. Curt Engelhorn made his fortune as the CEO of Boehringer Mannheim, a global leader in medical diagnostics, and through a diverse portfolio of investments in real estate, art, and other businesses.
Q2. What was Curt Engelhorn’s net worth?
A2. Curt Engelhorn’s net worth was originally estimated at $11.7 billion, but his estate revealed that it was actually over $20 billion.
Q3. What philanthropic projects did Curt Engelhorn support?
A3. Curt Engelhorn founded the Curt Engelhorn Foundation for the Promotion of Science and Culture, which funds scholarships and research projects in various fields.
Q4. What was Curt Engelhorn’s personal passion?
A4. Curt Engelhorn had a passion for sailing and often participated in regattas around the world. He also collected art and amassed an extensive collection of impressionist and post-impressionist works.
Q5. What is the legacy of Curt Engelhorn?
A5. Curt Engelhorn left behind a legacy of business success, philanthropy, and personal passion. His estate continues to support his philanthropic endeavors and invest in new ventures.