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Ludwig Merckle has an estimated net worth of $4.9 billion.
The only heir to his father's company the Merckle Group, Ludwig Merckle started working on the company after his graduation from the University of Mannheim. Ludwig Merckle served the company since 1997 and in 2008, Oliver Windholz took over his position.
Ludwig Merckle served as the Chairman and CEO of the Personnel Committee of Heidelberg Cement AG, Chairman of Wurttembergische AG linen industry, Chairman of Kassbohrer Gelandefahrzeug AG, Vice Chairman of the Phoenix Pharma AG & Co. KG, and Managing Director of the UEM Vermogensverwaltungs GmbH. He also served as one of the board members of the Zollen GmbH & Co. KG. Three years after he inherited a massive fortune from his father, Ludwig Merckle was able to improve a floundering fortune.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2010 |
Sale of Asset |
Sale of the 55% stake in HeidelbergCement |
$2,830,000,000 |
2010 |
Sale of Asset |
Sale of the generic drugmaking arm of Merckle, Ratiopharm to Teva Pharmaceutical Industries |
$4,070,000,000 |