With healthcare systems and professionals being tested like never before, we bring you the world's ten richest healthcare-related billionaires of 2020 ForbesBillionaires
Booming demand in China for drugs and medical equipment has propelled a number of Chinese healthcare tycoons into the ranks of the world’s richest.
When Forbes first launched the World’s Billionaires list in 1987, the biggest fortunes in pharmaceuticals were held by Europeans like the Hoffman family of Switzerland and several Japanese drug company tycoons. Today, the picture is quite different. Of the 10 richest healthcare billionaires on Forbes’ new list of theHealthcare is booming in the Middle Kingdom.
The richest person in healthcare this year is Zhong Huijuan, who founded Hansoh Pharmaceutical Group in 1995. She chairs the company, which went public on the Hong Kong stock exchange in 2019. And she’s married to the second richest healthcare billionaire, Sun Piaoyang, who runs a separate pharma firm, Jiangsu Hengrui Medicine.
Drug development and vaccine development are urgent topics amid the ongoing coronavirus pandemic. And some of the world’s richest healthcare billionaires are tied to companies actively involved in those two areas — with efforts directly aimed at COVID-19. Li Xiting and Xu Hang, both of whom are Chinese, cofounded Shenzhen-based Mindray Medical International, which makes medical devices including ventilators.
Twin German brothers Andreas and Thomas Struengmann are the biggest shareholders and were early backers of U.S. listed German firm BioNTech, whose shares soared in mid-March on news that the biotech firm is partnering with Pfizer and Fosun Pharmaceuticals of China to create a coronavirus vaccine. As a result, each Struengmann is worth more than double what they were worth a year ago. ZHONG HUIJUAN
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