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Ludwig Merckle
Ludwig Kurt Merckle (born 1965) is a German businessman. He is CEO of Merckle Service GmbH. As of October 2021, his net worth is estimated at US$6.3 billion. Early life His father was Adolf Merckle, founder of the Merckle group. Ludwig Kurt Merckle earned a degree in business information technology (Diplom-Wirtschaftsinformatiker) from the University of Mannheim. Career Merckle started his career as a strategic consultant at Roland Berger in 1993. In 1995, he joined his family's business as an assistant manager. In 1997, he was promoted to CEO of Merckle GmbH, parent company of Ratiopharm GmbH. In 2005, he was appointed CEO of VEM Vermögensverwaltung GmbH, and in 2009, CEO of Merckle Service GmbH, after his father committed suicide and left the family group in debt. In March 2010, the generic drugmaking arm of Merckle, Ratiopharm, was sold to Teva Pharmaceutical Industries for €3.6 billion, 55% of HeidelbergCement for €2.5 billion, and other assets to clear t ...
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Adolf Merckle
Adolf Merckle (18 March 1934 – 5 January 2009) was a German entrepreneur and billionaire. He committed suicide at age 74 due to losses during the financial crisis of 2007–2008. He was at one point the fifth-richest person in Germany with a net worth of $9.2 billion. Early life Merckle was born in Dresden. In 1945, he fled with his family from Sudetenland, a region near the German-Czech border that was inhabited by ethnic Germans and occupied by Adolf Hitler's forces in 1938. His family settled in Blaubeuren, a small town in southern Germany between Stuttgart and Ulm. He was educated as a lawyer. Career In 1967, he took over his family company, Merckle GmbH, with just 80 employees. In 1973, he founded Germany's first generic drug manufacturer, Ratiopharm. For several decades he also held large stakes in cement company HeidelbergCement as well as vehicle manufacturer Kässbohrer. At the end of 2008, Merckle’s investment company, VEM Vermögensverwaltung, faced ...
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University Of Mannheim Business School
The University of Mannheim Business School (UMBS) is among the oldest and most prestigious of the five schools comprising the University of Mannheim, located in Mannheim, Baden-Württemberg, Germany. The Business School, established in 1963, has its origins in the Handelsschule and covers the fields of Business Administration, Finance, Marketing, Accounting, Operations Research, Strategic Management and Corporate Law. The University of Mannheim Business School should not be confused with the Mannheim Business School, which is the umbrella organization for management education at the University of Mannheim. As the first German institution, the Business School of the University of Mannheim has gained the "Triple Crown" (Triple accreditation): It is accredited by AACSB International, the Association of MBAs (AMBA) and EFMD (EQUIS). With 37 chaired professors and about 4,000 students, the Business School ranks among the largest in Europe. Placement On-campus recruiters include comp ...
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Roland Berger (company)
Roland Berger (from 2001 to 2015 Roland Berger Strategy Consultants) is an international management consultancy headquartered in Munich. With 2,400 employees and 52 offices in 35 countries, it has a presence in all major industrialized and emerging markets. As the market leader in Germany, Roland Berger is the only European consultancy with an international presence and is one of the leading representatives of its industry. Annual sales in 2018 were around EUR 600 million, the most successful financial year to date. The company was founded by Roland Berger in 1967 and expanded worldwide in the 1970s and 1980s. The majority owned by Deutsche Bank from 1987 to 1998, Roland Berger developed into a partnership in the 1990s following a management buyout. Today, the consulting firm is an independent partnership exclusively owned by some 230 Partners. History From 1962 to 1967, Roland Berger worked as a management consultant for the Boston Consulting Group. He then went into busine ...
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Ratiopharm
Ratiopharm is a German pharmaceutical company that is Europe's leading generics brand. Ratiopharm was owned by Adolf Merckle and makes generic pharmaceuticals. They are based in Ulm, Germany, with products being distributed in over 35 countries worldwide. On 18 March 2010 Teva announced that it planned to acquire Ratiopharm for US$5 billion. On 10 August 2010 Teva announced that it had completed its acquisition of Ratiopharm. Since June 2017, the company has been managed by Christoph Stoller, General Manager of Teva Germany and Austria (European headquarters). He succeeded Markus Leyck Dieken, who was General Manager from October 2013 and joined the Teva Group Management in June 2017. Previously, Sven Dethlefs, who oversaw the takeover of Ratiopharm by Teva in 2010, held the position for five years until he moved to the group management in Israel in 2013. See also * Philipp Daniel Merckle * Ratiopharm Ulm Ratiopharm Ulm, officially stylized as ratiopharm Ulm, is a pro ...
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Teva Pharmaceutical Industries
Teva Pharmaceutical Industries Ltd. (also known as Teva Pharmaceuticals) is an Israeli multinational pharmaceutical company with headquarters in Tel Aviv, Israel. It specializes primarily in generic drugs, but other business interests include active pharmaceutical ingredients and, to a lesser extent, proprietary pharmaceuticals. Teva Pharmaceuticals was the largest generic drug manufacturer, when it was surpassed briefly by US-based Pfizer. Teva regained its market leader position once Pfizer spun off its generic drug division in a merger with Mylan, forming the new company Viatris at the end of 2020. Overall, Teva is the 18th largest pharmaceutical company in the world. Teva's facilities are located in Israel, North America, Europe, Australia, and South America. Teva shares are listed on the Tel Aviv Stock Exchange. The company is a member of the Pharmaceutical Research and Manufacturers of America (PhRMA). History Salomon, Levin, and Elstein Teva's earliest predecess ...
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HeidelbergCement
HeidelbergCement is a German multinational building materials company headquartered in Heidelberg, Germany. It is a DAX corporation and is one of the largest building materials companies in the world. On 1 July 2016, HeidelbergCement AG completed the acquisition of a 45% shareholding in Italcementi. That acquisition made HeidelbergCement the number one producer of construction aggregates, the number 2 in cement and number 3 in ready mixed concrete worldwide. In the 2020 Forbes Global 2000, HeidelbergCement was ranked as the 678th -largest public company in the world. The enlarged group has activities in around 60 countries with 57,000 employees working at 3,000 production sites. HeidelbergCement operates 139 cement plants with an annual cement capacity of 176 million tonnes, more than 1,500 ready-mixed concrete production sites, and over 600 aggregates quarries. Due to its extremely -intensive cement production, HeidelbergCement is one of the world's major emitters of emissio ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is St ...
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Billion
Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. * 1,000,000,000,000, i.e. one million million, or (ten to the twelfth power), as defined on the long scale. This number, which is one thousand times larger than the short scale billion, is now referred to in English as one trillion. However, this number is the historical meaning in English for the word "billion" (with the exception of the United States), a meaning was still in official use in British English until some time after World War II. American English adopted the short scale definition from the French (it enjoyed usage in France at the time, alongside the long-scale definition). The United Kingdom used the long scale billion until 1974, when the government officially switched to the short scale, but since the 1950s the short scale had already been i ...
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Businesspeople From Bavaria
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern account ...
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German Billionaires
German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Germanic peoples (Roman times) * German language **any of the Germanic languages * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (other) ...
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People From Ulm
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural form of p ...
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1965 Births
Events January–February * January 14 – The Prime Minister of Northern Ireland and the Taoiseach of the Republic of Ireland meet for the first time in 43 years. * January 20 ** Lyndon B. Johnson is Second inauguration of Lyndon B. Johnson, sworn in for a full term as President of the United States. ** Indonesian President Sukarno announces the withdrawal of the Indonesian government from the United Nations. * January 30 – The Death and state funeral of Winston Churchill, state funeral of Sir Winston Churchill takes place in London with the largest assembly of dignitaries in the world until the 2005 funeral of Pope John Paul II. * February 4 – Trofim Lysenko is removed from his post as director of the Institute of Genetics at the Russian Academy of Sciences, Academy of Sciences in the Soviet Union. Lysenkoism, Lysenkoist theories are now treated as pseudoscience. * February 12 ** The African and Malagasy Republic, Malagasy Common Organization ('; OCA ...
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