About Otto Philipp Braun
  • Otto Philipp Braun owns 23% of the medical device company B. Braun Melsungen, which began in 1839 as a small pharmacy that sold herbal remedies.
  • His father, Ludwig Georg Braun, took the reins in 1977, when the company had just $24 million in annual sales. Revenues have grown to around $8 billion.
  • Today, with more than 64,000 employees globally, B. Braun manufactures products ranging from infusion and injection solutions to surgical instruments.
  • The first sixth-generation family member to work in the company and serve on its board, Otto Philipp stepped down in 2017.
  • His sister Anna Maria Braun, also a billionaire, is CEO of B. Braun.
Wealth History
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Personal Stats
Age
46
Source of Wealth
Medical technology
Residence
Melsungen, Germany
Citizenship
Germany
Did you know
Before resigning, Otto Philipp was responsible for the company's Iberian Peninsula and Latin American regions.

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