#2467
Ludwig Theodor Braun
Germany 36 years old
Overview
- Source of Wealth
- Medical technology
- Industry
- Healthcare
- Residence
- Melsungen
Biography
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).
A sixth-generation family member, Ludwig Theodor is the youngest son of Ludwig Georg. His sister Anna Maria is CEO of B. Braun.
Today, with more than 64,000 employees globally, B. Braun manufactures products ranging from infusion and injection solutions to surgical instruments.
About
B. Braun has been operating in Africa for more than 60 years, and now has subsidiaries in Zambia, Algeria, South Africa, Zimbabwe and Kenya.