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Maximilian von Baumbach

Germany 28 years old

Overview

Source of Wealth
Pharma
Industry
Healthcare
Residence
Ingelheim

Biography

Maximilian von Baumbach is an heir to the Boehringer Ingelheim fortune, a company best known as the largest private player in the pharmaceutical industry.

Founded in 1885, the company grew by making ingredients for pharmacies, textile merchants and the food industry; and boasted a workforce of 1,500 by 1939.

Today, Boehringer Ingelheim, whose most well-known drugs treat COPD, anti-coagulation and type 2 diabetes, employs 53,000 people and has a presence in 130 markets.