Wolfgang Marguerre

About Wolfgang Marguerre

Birth Year: 1941
Birth Place: Heidelberg, Germany, Germany
Residence: Heidelberg, Germany
Alma mater: Heidelberg University INSEAD
Occupation: Chairman and owner, Octapharma
Known for: Entrepreneurship
Spouse(s): Barbara Marguerre
Children: 5

Wolfgang Marguerre Net Worth

Wolfgang Marguerre was bornon 1941 in Heidelberg, Germany, Germany. Wolfgang Marguerre founded Octapharma in Switzerland in 1983 and turned it into one of the world's largest manufacturers of blood plasma products. Developing and producing medicines derived from human proteins, it has production plants in six countries, more than 6,200 employees in 32 countries and annual revenue of over $1.6 billion. Marguerre owns 100% of the company -- the "octa" in its name is taken from the Greek word for eight, the factor deficient in people with hemophilia A -- and channels most of the profits into research and development and expanding production capacity. Octapharma is a leading corporate sponsor of Save One Life, an international nonprofit that supports children and adults with blood disorders. Marguerre personally donated $17.5 million to renovate Theater Heidelberg in 2008 and $1.13 million to the city of Heidelberg in 2015 to accept and integrate refugees. Two of his three children are in company management -- Frederic, as the shareholders' representative and president of Octapharma Plasma Inc. USA; and Tobias, as managing director of Octapharma Nordic AB. In the U.S., which is the largest and most profitable blood plasma market, Octapharma operates more than 45 donation centers and has built a new facility in Charlotte, NC. The company received criticism in 2015, after it became public that in 2013 it paid a consultant fee to the former Portuguese prime minister, José Sócrates, who is under the suspicion of corruption, money laundering and tax fraud.
Wolfgang Marguerre is a member of Healthcare

💰 Net worth: $5.6 Billion (Updated at 22 June 2018)

2014 $3.4 Billion
2015 $2.8 Billion
2016 $6.1 Billion
2017 $5.2 Billion
2018 $6.14 Billion

Awards and nominations:

In April 2009, Marguerre was awarded the Légion d’honneur, the highest decoration bestowed by France. In November 2011 he was awarded the Gold Decoration of Honour for Services to the Republic of Austria (Grosses Goldenes Ehrenzeichen).

Biography/Timeline

1941

Born in Germany in 1941, Marguerre was raised and educated in Heidelberg, where he read Political and Economic Science at Heidelberg University. He obtained his MBA at INSEAD in 1972. After which, he was managing Director at Pharmaplast (division of A.P. Möller) for three years in Copenhagen, before moving to Baxter-Travenol Europe in Brussels as their Director and Business manager of Hyland-Division. In 1979, he became senior executive vice-president of the Revlon Health care Group in Paris, a role which he continued until 1983, when he founded Octapharma.

1983

He founded Octapharma in 1983 with Robert Taub. Octapharma is owned by Marguerre and his three children, two of whom, Frederic Marguerre and Tobias Marguerre, sit on the management board.

2009

In April 2009, Marguerre was awarded the Légion d’honneur, the highest decoration bestowed by France. In November 2011 he was awarded the Gold Decoration of Honour for Services to the Republic of Austria (Grosses Goldenes Ehrenzeichen).

2012

Marguerre has played the violin since the age of six. A supporter of the arts, he helped to save the Heidelberg Theatre which had been threatened with closure. When the theatre was reopened in 2012 the newly built state-of-the-art stage was named the “Marguerre-Saal” (Marguerre Hall) in his honour. Marguerre speaks five languages.

2016

As of November 2016, Forbes estimated his net worth at US$5.8 billion.