What is Ernesto Bertarelli’s Net Worth?
Ernesto Bertarelli is a businessman who has a net worth of $15 billion which makes him the richest individual in Switzerland. Born in Rome, Italy, Ernesto Bertarelli grew up in Switzerland. He graduated from Babson College after which went on to earn an MBA from Harvard Business School within the early 90s. He turned CEO of Serono in 1996. He turned co-owner of the corporate, which produces prescribed drugs in 1998, after his father, the founder, handed away. He and his sister, the co-owner, modified the corporate’s focus from prescribed drugs to biotechnology. The transfer proved to be a sensible one, and the corporate’s income elevated from $809 million to $2.8 billion over the course of ten years. Serono merged with German pharmaceutical firm Merck KgaA in 2007 to change into Merck-Senoro. In addition to his work at Serono, he additionally served on the board of USB AG for seven years, and at the moment manages a number of investments via Kedge Capital Group and Northill Capital, and helms Ares Life Sciences, a medical expertise funding agency. He is energetic in aggressive crusing and based Team Alinghi in 2000. Bertarelli married former Miss UK Kirsty Roper in 2000.
Net Worth particulars: Ernesto Bertarelli made most of his fortune from the 65 % stake he holds in Serono. That firm was offered to Merck for $8.6 billion in 2006 and Bertarelli has diversified his holdings. He is the 50 % proprietor of Serono’s Geneva headquarters. Since 2000 Bertarelli’s family has earned greater than $1 billion by promoting nearly two million shares of Serono in its IPO. He is credit score with the family’s shares which incorporates his mom and sister.
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