Ludwig Merckle

From Wikipedia, the free encyclopedia
Ludwig Merckle
Born1965 (age 55–56)
NationalityGerman
OccupationChairman, Merckle Group
Spouse(s)Married
Children2
Parent(s)Adolf Merckle

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

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.[2]

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,[2] after his father committed suicide and left the family group in debt.[3]

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.[4]

Fortune[]

According to Forbes, Merckle had a net worth of $5.4 billion, as of October 2020.[1]

Personal life[]

Merckle is married, has two children and lives in Ulm.[1]

References[]

  1. ^ Jump up to: a b c "Forbes profile: Ludwig Merckle". Forbes. Retrieved 6 October 2020.
  2. ^ Jump up to: a b "Resume of Ludwig Merckle" (PDF). Heidelbergcement.com. Retrieved 2016-06-16.
  3. ^ Gordon Rayner (9 January 2009). "Adolf Merckle: what made this German billionaire commit suicide?". Telegraph.co.uk. Retrieved 2016-06-16.
  4. ^ Daniel Schäfer (19 March 2010). "Selling the family jewels has preserved Merckle empire". Ft.com. Retrieved 2016-06-16.
Stub icon

This German business-related biographical article is a stub. You can help Wikipedia by .

  • v
  • t
Retrieved from ""