Finance: Here are the 10 richest healthcare and biotech execs

Finance: Here are the 10 richest healthcare and biotech execs

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Finance: Here are the 10 richest healthcare and biotech execs
Forbes just released its ranking of the world's richest billionaries. Here are the 10 richest billionaires in healthcare and biotech. Forbes just released its annual ranking of the top billionaires and several healthcare executives and investors made the cut. After all, curing diseases can be highly profitable. Here are the top 10 richest billionaires with […]
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Swedish pharma billionaire Frederik Paulsen made this year's Forbes list.

Forbes just released its ranking of the world's richest billionaries. Here are the 10 richest billionaires in healthcare and biotech.

Forbes just released its annual ranking of the top billionaires and several healthcare executives and investors made the cut.

After all, curing diseases can be highly profitable.

Here are the top 10 richest billionaires with healthcare ventures.

1. Dilip Shanghvi

Net worth: $12.8 billion

Home country: India

Dilip Shanghvi started Sun Pharma in 1983. Though the company had some up and downs with FDA approvals and standards for its drugs, the company said last August that it was on track to gain $300 million from a deal with Ranbaxy.

2. Seo Jung-jin

Net worth: $11.9 billion

Home country: South Korea

Seo Jung-jin co-founded and now is the CEO of Celltrion, a biopharmaceutical company which develops drugs to treat cancer, influenza and rheumatoid arthritis, among others. The company is also known for making biosimilars and has recently partnered with Teva to develop migraine drugs.

3. Thomas Frist Jr.

Net worth: $9.6 billion

Home country: USA

Thomas Frist Jr. and his father founded Hospital Corporation of America in 1968. HCA, in addition to having hospitals and surgery centers, also has several subsidiaries that branch out into different healthcare businesses.

4. Cyrus Poonawalla

Net worth: $9.1 billion

Home country: India

Cyrus Poonawallae founded Serum Institute of India in 1966, which is now one of the world's largest vaccine makers.

5. Ernesto Bertarelli

Net worth: $8.9 billion

Home country: Switzerland

Ernesto Bertarelli inherited biotech giant Serono in 1998, which makes the drug Rebif to treat multiple sclerosis and is now owned by Merck.

6. Carl Cook

Net worth: $8 billion

Home country: USA

Carl Cook is the CEO of medical device manufacturer Cook Group, which makes things like filters, catheters and stents.

7. Massimiliana Landini Aleotti

Net worth: $7.9 billion

Home country: Italy

Massimiliana Landini Aleotti inherited pharma giant Menarini from her late husband in 2014, and it is now one of Italy's leading drug companies. The company does drug research in the areas of cancer, analgesia, and gastro-intestinal conditions.

8. Patrick Soon-Shiong

Net worth: $7.8 billion

Home country: USA

Patrick Soon-Shiong invented the pancreatic cancer drug Abraxane, which became a blockbuster drug. He now owns a series of health and biotech startups like NantHealth, NantKwest, and NantWorks. He also owns the Los Angeles Times.

9. Sun Piaoyang

Net worth: $7.7 billion

Home country: China

Sun Piaoyang turned formerly state-led Jiangsu Hengrui Medicine into one of China's largest producers of anti-infection and cancer drugs.

10. Frederik Paulsen

Net worth: $7.3 billion

Home country: Sweden

Frederik Paulsen inherited small drugmaker Ferring Pharmaceuticals in 1983, which makes infertility, obstetrics, urology, gastroenterology and endocrinology drugs. The company recently made a heat-stable drug that could prevent excessive bleeding in women after childbirth.

[Video] Prodit – “Jollof” ft. Giftty

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[Video] Prodit – “Jollof” ft. Giftty
Prodit in new visuals “Jollof” ft. Giftty out now. Enjoy this hot plate of jollof and be sure you have a cold drink to support. Click on the link below and enjoy. #MehedyRecords2018 #ProditJollof Follow on Instagram @Mehedyrecords @Prodit STREAM/DOWNLOAD  The post [Video] Prodit – “Jollof” ft. Giftty appeared first on tooXclusive. Related
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Rita Dominic, Chris Attoh, Joselyn Dumas, Lydia Forson arrive Kigali for the 2018 Africa Movie Academy Awards | #AMAA2018

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Rita Dominic, Chris Attoh, Joselyn Dumas, Lydia Forson arrive Kigali for the 2018 Africa Movie Academy Awards | #AMAA2018
Tonight is the 2018 Africa Movie Academy Awards, being hosted in Kigali, the capital city of Rwanda. Several Ghanaian and Nigerian celebrities have already been spotted arriving at the airport – Rita Dominic, Chris Attoh, Joselyn Dumas, Lydia Forson, Nse Ikpe-Etim, Bob Manuel Udokwu, Rechael Okonkwo, Zainab Balogun and more. See photos below. Photo Credit: @swagofafricannews The post […]
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#BBNaija’s BamBam is all shades of Gorgeous on Bridesmaid Duty
Today, Big Brother Naija 2018 housemate BamBam was on bridesmaid duty and she was oh-so-gorgeous. For the wedding, she wore a pink floor-length dress and we can’t help but ooh and aah over her outfit. Check on it! The post #BBNaija’s BamBam is all shades of Gorgeous on Bridesmaid Duty appeared first on BellaNaija – […]
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Disregard for sanctity of human life is unacceptable, Buhari reacts to Kaduna killings

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Disregard for sanctity of human life is unacceptable, Buhari reacts to Kaduna killings
President Muhammadu Buhari on Sunady condemned the recent killings of 55 persons as a result of communal violence in Kasuwan Magani, Kaduna State, saying that the disregard for the sanctity of human life is unacceptable, violence is an ill-wind that blows nobody any good and that no religion supports bloodshed. Continue reading Disregard for sanctity […]
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How we spent billions on water projects in seven years – Ministry

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How we spent billions on water projects in seven years – Ministry
The water ministry replies an FOI request by SERAP. The post How we spent billions on water projects in seven years – Ministry appeared first on Premium Times Nigeria. Related
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Police arrest eight suspects with 11 human skulls – Official

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Police arrest eight suspects with 11 human skulls – Official
An official says the suspects were involved in exhuming dead bodies and reselling parts. The post Police arrest eight suspects with 11 human skulls – Official appeared first on Premium Times Nigeria. Related
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How APC leaders, Ben-Bruce, others reacted to Shehu Sani’s exit

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Shehu Sani resigned from the APC on Saturday. The post How APC leaders, Ben-Bruce, others reacted to Shehu Sani’s exit appeared first on Premium Times Nigeria. Related
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Boko Haram attacks two Borno communities, kills many, burns houses

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Boko Haram attacks two Borno communities, kills many, burns houses
An eyewitness, Goni Umar, said the insurgents attacked the communities on gun trucks and motorcycles. The post Boko Haram attacks two Borno communities, kills many, burns houses appeared first on Premium Times Nigeria. Related
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”Any woman that does not call you lord but calls her pastor daddy or my lord, take her back to her parent’s house” – Nigerian lady advises men

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”Any woman that does not call you lord but calls her pastor daddy or my lord, take her back to her parent’s house” – Nigerian lady advises men
A Nigerian woman has advised married men to send their wives back to their parents if they honor their pastors more than they honor them. OAP Daddy Freeze who shared the now trending video on his IG page, wrote; “The 10 commandments declare that you must honor your father and mother, No where in the […]
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Pastor holds 3 pre-wedding dinner parties with two different women within a few months

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Pastor holds 3 pre-wedding dinner parties with two different women within a few months
A US based Kenyan Pastor, Reverend Stanley Mwea, reportedly held 3 pre-wedding dinner parties with two different women within a few months. The Kenyan Pastor who has been accused of fraud, held two pre-wedding fundraisers in May in Baltimore, Maryland and Boston, Massachusetts and an upcoming one in Washington State. Reverend Stanley Mwea who fell […]
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Nigerian makeup artist narrates how a beggar rejected a dirty N100 note she gave him & further requested for a better one

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Nigerian makeup artist narrates how a beggar rejected a dirty N100 note she gave him & further requested for a better one
A Nigerian makeup artist, took to Instagram to narrate how a beggar rejected a dirty N100 note she gave him, and further requested for a better one. According to the Nigerian makeup artist, the beggar gave an excuse of not ‘having time’ to go to the bank all the time to change bad notes. She […]
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Nigerian lady narrates how her struggling elder brother gives money to pastors but never sends anything to their mother

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Nigerian lady narrates how her struggling elder brother gives money to pastors but never sends anything to their mother
A Nigerian lady identified as Drusilla Clement, took to Instagram to narrate how her struggling elder brother gives money to pastors but not to their mother. The Nigerian disclosed this on a post shared by Daddy Freeze, about African Parents and their relationship with Pastors. Daddy Freeze who shared the post had written; Awwww… this […]
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