BillionaireNet
family
Wolfgang Marguerre & family
Rank #563
GERMANYHealthcarePharmaceuticals

Wolfgang Marguerre & family

Net Worth
$6.723B
0% (24h)
Wolfgang Marguerre, at 84 years old, is a German businessman and the driving force behind Octapharma, a leading pharmaceutical company. His source of wealth is rooted in the healthcare sector. Marguerre's career began in the pharmaceutical industry and culminated in the 1983 founding of Octapharma. His vision has been instrumental in growing Octapharma into a global leader in blood plasma product manufacturing. Marguerre's achievements include a significant contribution to the renovation of the Heidelberg Theater and his ongoing commitment to philanthropy. As of 2024, his net worth is estimated at $6.6 billion, ranking him among the world's wealthiest individuals.

The Full Dossier

Early Life and Education

Wolfgang Marguerre was born in Heidelberg, Germany, in 1941. He studied Political and Economic Science at Heidelberg University and later earned an MBA from INSEAD in 1972. His education provided a strong foundation for his future entrepreneurial endeavors.

Rise to Success

After his studies, Marguerre held various managerial positions in the pharmaceutical industry, including Pharmaplast and Baxter-Travenol Europe. In 1979, he became Senior Executive Vice-President of the Revlon Healthcare Group. In 1983, he founded Octapharma with Robert Taub. Under his leadership, Octapharma has become one of the largest manufacturers of human protein products globally, specializing in medicines derived from human plasma for various medical fields.

Key Business Strategies

Marguerre's key strategies have focused on innovation and expanding access to life-saving treatments. Octapharma's focus is on developing therapies based on human proteins from human plasma and cell lines. The company has expanded its manufacturing capabilities, including multiple state-of-the-art manufacturing facilities, and a global presence in 120 countries, treating hundreds of thousands of patients annually.

Philanthropy

Wolfgang Marguerre has a strong commitment to philanthropy. He has donated significantly to the renovation of the Heidelberg Theater, which included naming a performance hall after him, and supported the integration of refugees in Heidelberg. He sponsors children with bleeding disorders through Octapharma's corporate sponsorship of Save One Life. Additionally, he has supported INSEAD, endowing the Octapharma Chair in Decision Neuroscience and establishing the Octapharma Scholarship to attract and support business talent.

Career Timeline

2011

Gold Decoration of Honour

Awarded the Gold Decoration of Honour for Services to the Republic of Austria.

2009

Légion d'honneur

Awarded the Légion d'honneur, the highest decoration bestowed by France.

1983

Founded Octapharma

Co-founded Octapharma, a pharmaceutical company specializing in blood plasma products.

1979

Senior Executive Vice-President

Senior Executive Vice-President of the Revlon Healthcare Group.

1972

MBA

Obtained MBA from INSEAD.

Philanthropic Impact

Arts$17.5M

Heidelberg Theater Renovation

Contributed to the renovation of the Heidelberg Theater.

Social Causes$1.13M

Refugee Integration

Donated to support the integration of refugees in Heidelberg.

HealthcareUndisclosed

Save One Life

Sponsored children with bleeding disorders through Octapharma's corporate sponsorship of Save One Life.

Education$20M

INSEAD Support

Donated to the INSEAD's Europe Campus Re-imagination project through the Octapharma Foundation.

Wealth Trajectory