Frederik Paulsen
#505

Frederik Paulsen

Sweden 75 years old

Overview

Source of Wealth
Health care
Industry
Healthcare
Residence
Lausanne
Marital Status
Divorced
Children
3

Assets

  • PolyPeptide Group
    18,582,000 shares @ -
    -
    PPGN-CH

Biography

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 H?l?ne Ploix, former director of the IMF, and Alexandra, the Countess of Frederiksborg, a former Danish princess.

About

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 F?hr, his native island off the coast of Germany.