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 23, 2015, 11:05 pm

UPDATE 1-HeidelbergCement raises capital; shareholders sell

FRANKFURT, Sept 14 (Reuters) - HeidelbergCement (HEIG.DE) said it will increase its capital by half in the biggest sale of new shares in Germany this year to cut its debt pile, while its main shareholder Ludwig Merckle will slash his stake. The world's ...
Posted: September 13, 2009, 5:00 pm

RPT-DEALTALK-Heir Merckle in tussle with banks over Phoenix

FRANKFURT, March 10 (Reuters) - Ratiopharm owner Ludwig Merckle has turned down offers for drugs distributor Phoenix, as he struggles to retain control over his late father’s diminished business empire, sources close to the matter said Wednesday.
Posted: March 14, 2010, 5:00 pm
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