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The Bertarelli family's fortune is $16.7 billion in July 2019. Bertarelli just keeps on making money. His Ares Life Sciences investment fund backed the 2008 buyout of Euromedic, a medical services provider, for £670m. Early this year, it was reported that just one of Euromedic's divisions was for sale at £400m. It will help the 45-year-old biotechnology tycoon recover from the disappointment of losing yachting's prestigious America's Cup in 2010 to American rival Larry Ellison. Bertarelli had won the competition twice on the trot, in 2003 and 2007. He makes the Rich List in company with his wife Kirsty, 39, a former Miss UK who tops the list of richest women. They were married in 2000 and Kirsty, who comes from Staffordshire, is heavily involved in the yachting operation. Bertarelli learnt about business from his father, who owned the Serono pharmaceutical company. Founded in Rome in 1906, it made its fortune from a fertility drug derived from the urine of post-menopausal women, specifically Italian nuns. By 31, after his father's death, Bertarelli was running the multinational group, which was sold to Merck of Germany in 2006 for $13.3 billion. Bilan magazine, in its 2010 Swiss rich list, valued the Bertarelli fortune at £7.4 billion.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2014 |
Asset |
Value of Gstaad Chalet, their primary residencehttp://www.bornrich.com/ernesto-bertarelli.html |
$12,000,000 |
|
2010 |
Asset |
Value of his super yacht called Vava II |
$100,000,000 |
|
2010 |
Sale of Asset |
Value of La Bergerie upon sale to John Grayken |
$15,000,000 |
|
2006 |
Sale of Asset |
Value of Serono when he and his family sold it to Merck KGaA of Germany and formed a new company Merck-Serono |
$13,300,000,000 |
|
2005 |
Asset |
Revenue of Serono, a pharmaceutical company that changed focus to biotehcnology when he inherited after the death of his father |
$2,800,000 |