Carlos Sanchez
#2427

Carlos Sanchez

Brazil 64 years old

Overview

Source of Wealth
Generic drugs
Industry
Healthcare
Residence
Santo Andre
Marital Status
Married

Biography

Carlos Sanchez owns and runs privately-held generic drug firm EMS S.A., which was founded by his late father.

EMS S.A. sells prescription, generic, branded generic and over-the-counter products.

In recent years, the company has benefited from adding drugs including generic versions of Viagra and Lipitor to its sales arsenal.

EMS was founded by Sanchez' father, Emiliano, in 1950 as a small pharmacy. Sanchez inherited EMS at age 26 when his father died.

Sanchez owns 75% of EMS; the rest is owned by the sons of his sister, who passed away in 2009.

About

Sanchez reportedly bid $85 million for Edvard Munch painting The Scream at a Sotheby's auction but was outbid by billionaire Leon Black at $119.9 million.