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Ludwig Merckle

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Residence  Ulm, Germany
Net worth  4.5 billion USD (2015)
Name  Ludwig Merckle

Children  2
Nationality  German
Siblings  Jutta Merckle
Ludwig Merckle specialsimagesforbesimgcomimageserveb4845c35a
Occupation  Chairman, Merckle Group
People also search for  Adolf Merckle, Philipp Daniel Merckle, Tobias Merckle

Ludwig Merckle (born 1965) is a German businessman, CEO of Merckle Service GmbH.

Contents

Biography

Ludwig Merckle has a degree in Business Information Technology (Diplom-Wirtschaftsinformatiker) from the University of Mannheim.

Ludwig Merckle started his career as a strategic consultant at Roland Berger in 1993. In 1995, he joined the family 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, Adolf Merckle, founder of the Merckle group, 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 their debts.

Fortune

According to Forbes, Merckle has a net worth of $5.6 billion, as of June 2016.

Personal life

Merckle is married with two children and lives in Ulm.

References

Ludwig Merckle Wikipedia


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