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with a €136.5 million seed investment in a €150 million round that enabled the founding of the company. They earned $ 8 billion on their stake in BioNTech. They own approximately 50 percent of the company as well as significant ownership in 4SC and
Immatics. He currently has the largest health-care
50:, Athos KG, Thomas manages, together with his brother, their total family assets expected to be worth roughly $ 30 billion, which positions the brothers among the wealthiest Germans.
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In 2008, the Strüngmann brothers – through their asset management firm Athos – agreed to underwrite 25 percent of a capital increase at
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as head of regional operations in
Germany, the Americas and the Middle East, reporting to Sandoz's chief executive, Andreas Rummelt.
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SIG Deal Shows
Private Equity’s Desire for Big Leveraged Buyouts in Europe
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279:"Brothers Build $ 22 Billion Fortune on Hope for Covid-19 Vaccine"
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for $ 6.7 billion. After the sale, he joined
Novartis subsidiary
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151:"Ex-Head of Family Office for $ 31 Billion Fortune Builds Firm"
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for €2.2 billion, leading the latter to abandon plans for an
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The brothers operate out of a family office, Athos
Service.
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German billionaire investor, businessman, and entrepreneur
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Christopher Hughes and Olaf
Storbeck (25 November 2014),
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This German business-related biographical article is a
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In 2014, the Strüngmann brothers' Santo
Holding and
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100:earned fortune with his brother.
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117:initial public offering
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138:References
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301:Bloomberg
283:Bloomberg
126:See also
97:BioNTech
79:Novartis
24:investor
246:Reuters
180:Reuters
113:Siemens
90:Conergy
68:DZ Bank
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