Ludwig Merckle Net Worth is$7 Billion
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Ludwig Merckle Net Worth: Ludwig Merckle is a German enterpreneuer who has a net worth of $7 billion. Born on 8 June 1965, Ludwig Merckle is a Chairman of Merckle GmbH, a pharmaceutical company that he inherited from his father. After his graduation from the University of Mannheim, he started working for his father Adolf Merckle, a German billionaire. He worked for the company from 1997 to 2008, when Oliver Windholz took over his position. In 2009, his father committed suicide after a bad investment on Volkswagen shares that led to a rising debt. Ludwig Merckle inherited a rotten-debt fortune, and has carried out an extraordinary turnaround. In order to pay off the debt, he began to sell his assets by cutting his stake from 74% to 25% of the shares of HeidelbergCement. He also sold Ratiopharm, generic drug producer, to Teva Pharmacueticals for $5 billion. Furthermore, he owns one of Europe's major pharmaceutical distributor, Phoenix, and chairs K?ssbohrer Gel?ndefahrzeug AG and Wuerttemberg AG. Only three years after he inherited the debt-fated fortune, he was not only able to restore it successfully, but in December 2011, he was also nominated for the Entrepreneur of the Year by Handelsblatt, a top German trade journal.
Ludwig Merckle (* 8. Juni 1965) ist ein deutscher Unternehmer.
Ludwig Merckle ist der ??lteste Sohn von Ruth und Adolf Merckle, verheiratet mit Ehefrau Ursula und Vater von zwei Kindern. Er studierte Wirtschaftsinformatik an der Universit??t Mannheim und trat ab 1997 die Nachfolge seines Vaters Adolf Merckle in der Merckle Unternehmensgruppe an, zun??chst als Kopf der Firmengruppe Merckle/Ratiopharm, sp??ter dann als Gesch??ftsf? 1/4 hrer der Holding.
Im Mai 2009 nahm Ludwig Merckle das Alleinerbe seines verstorbenen Vaters an, um somit die Restrukturierung und Entschuldung der Merckle Unternehmensgruppe zu erm??glichen. Als Anerkennung f? 1/4 r die erfolgreiche Sanierung der Gruppe wurde er am 23. Dezember 2011 vom Handelsblatt zum Familienunternehmer des Jahres gew??hlt.
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Ludwig Merckle Latest News

How the billionaires get richer

They have interests in pharmaceuticals, health care business The other billionaires, including Ludwig Merckle from Germany and Dilip Shanghvi from India have interests in the pharmaceutical and health care sectors and saw their collective net worth grow by ...
Posted: January 24, 2015, 4:00 am

Billionaire family pressed after short-selling VW shares wins reprieve from banks

The company said it could now continue negotiations on a bridge loan. "The banking crisis and turbulence on the financial markets led to a liquidity shortage at VEM," Ludwig Merckle, who heads the company, said in the statement. "The first goal is to ...
Posted: October 19, 2008, 6:00 pm

UPDATE 1-HVB controls 6.4 pct stake in HeidelbergCement

HeidelbergCement is part of the heavily indebted empire built up by industrialist Adolf Merckle, who threw himself in front of a train in January after being forced to cede control of his conglomerate to lenders. [ID:nL648545] His eldest son Ludwig Merckle ...
Posted: July 1, 2009, 5:00 pm
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