Role Billionaire Nationality German Net worth 6.2 billion USD (2015) | Children 5 Siblings Elizabeth Engelhorn Name Curt Engelhorn | |
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Known for Former owner, Boehringer Mannheim and DePuy Inc. Spouse Heidemarie Engelhorn (m. 1995) Education University of Texas at Austin Parents Kurt Maria Engelhorn, Anita Schlemmer | ||
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Curt Rudolf Glover Engelhorn (25 May 1926 – 13 October 2016) was a German billionaire heir and businessman, the great-grandson of Friedrich Engelhorn, the founder of the chemical company BASF.
Contents
- ermirio pereira de moraes curt engelhorn ralph dommermuth mitchell rales i need 1 million
- Paradise Papers Curt Engelhorn Gelncore Appleby geheime Deals und Korruption ParadisePapers
- Education
- Career
- Personal life
- Other
- References
Paradise Papers: Curt Engelhorn, Gelncore, Appleby geheime Deals und Korruption #ParadisePapers
Education
Engelhorn graduated with a bachelor's degree in chemical engineering from the University of Texas at Austin.
Career
For more than three and a half decades, Engelhorn led the pharmaceutical companies Boehringer Mannheim and DePuy Inc. In 1997 he sold the two firms (in which together he had a 40% stake) to Hoffmann-La Roche for more than $10 billion.
In 2008 it was announced that Engelhorn would be donating Euro 400,000 annually over the period of 10 years to support American studies at the Heidelberg Center for American Studies.
Until 2012, Engelhorn owned Five Star Island, Bermuda a major share holding in a Bermuda registered German pharmaceutical multinational Corange Ltd.
Since late 2013, there have been ongoing investigations by the German authorities concerning suspected tax frauds between Engelhorn and his daughters, avoiding capital transfer taxes of up to Euro 440 million (US$475 million). As of January 2016, the family's lawyers conceded capital transfer tax evasions in the amount of Euro 135 million (US $145 million) to the court.
Personal life
Engelhorn is the great-grandson of Friedrich Engelhorn, the founder of the German chemical company BASF. He is married with five children and lives in Gstaad, Switzerland, with other homes in Costa Brava, Spain and on the Cote D'Azur, France. Aside from his involvement in the family business Engelhorn supports the Reiss Engelhorn Museum in Mannheim.
As of June 2015, according to Forbes, Engelhorn had a net worth of $6.2 billion. He died on 13 October 2016, aged 90.
Other
In 2012 it was discovered that an authentic 12th century cloister had been used as a pool decoration in one of Engelhorn's Spanish estates, hidden from the public and the Spanish conservation authorities for more than half a century.