With the net worth of $15 Billion, Ernesto Bertarelli is the #101 richest person on earth all the time in our database. He also owns homes in Gstaad and London. Swiss billionaire Ernesto Bertarelli is acquiring a home in Londons exclusive Belgravia district for about 92 million ($113 million), the latest sign of a resurgence in the citys luxury property market. Bertarelli's fortune is the 54th biggest in world, according to the Bloomberg Billionaires Index. [5][6] Bertarelli became CEO in 1996 and, along with his sister Dona, inherited ownership in 1998 on the death of his father. [31] The race finally took place in February 2010, in Valencia, Spain. [44] The couple lived in Gstaad and also spent time in their house on the shores of Lake Geneva. Bloomberg: Balance of Power focuses on the politics and policiesbeing shaped by the agenda of President Biden's administration. He is ranked 59th on the billionaires' index and is worth $15 billion.www.btv. He owns half of Serono's headquarters in Geneva. His net worth has been growing significantly in 2020-2021. Ernesto Bertarelli '89 is the inaugural winner of the Babson-Camus Global Family Entrepreneurship Award, created in partnership with Cyril Camus '91. He graduated from Babson College in 1989, and earned an MBA at Harvard Business School in 1993.[4]. Life Sciences and biotechnology are the areas in which the Bertarelli family established its business reputation, but today their business activities - both joint and individually - are more diverse. He is fabulously rich. 9. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. Born: 22 September 1965. The star attended the Formula 1 Grand Prix in Monaco with businessman Ernesto Bertarelli. Ernesto Silvio Maurizio Bertarelli (born 22 September 1965) is an Italian-born Swiss billionaire businessman and philanthropist. Management of the family's wealth is mainly through the B-Flexion,[11] which invests through its six separate specialist investment managers including such areas as Swiss real estate, and US life sciences. The project, which will include 52 apartments, was approved late Tuesday by the Westminster borough council. With the divorce settlement, Kirsty Bertarelli, 53, has become one of the wealthiest women in the UK. Determined to broaden Serono's product range beyond fertility treatments, he boosted research spending on drugs to combat diseases such as rheumatoid arthritis and multiple sclerosis. 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In the Sunday Times Rich List 2017 ranking of the wealthiest people in the UK, her former husband's family were . Ernesto Bertarelli is a famous Entrepreneur, who was born on September 22, 1965 in Italy. Serono raises $1.8 billion in an offering on the New York Stock Exchange. He graduated from Babson College in 1989 and earned an MBA at Harvard Business School in 1993. [42], Bertarelli met Kirsty Roper, a former 1988 Miss UK and songwriter, while on holiday in Italy in 1997. Ernesto Bertarelli. He was the CEO of Serono before it was sold to Merck. Ernesto Bertarelli Biography. Ernesto Bertarelli, MBA '93. Takes over from father to become Serono chief executive. Find the perfect ernesto bertarelli stock photo. [20] The name of the joint initiative is Campus Biotech[21] and its intention is to turn the site into a centre of excellence in the fields of healthcare, biotechnology and life sciences. Swiss magazine bilanz estimated the family fortune at chf13.5 billion. Owner of the 314ft long superyacht Vava II. 2000 Serono raises $1.8 billion in an offering on the New York Stock Exchange. From online or printed sources and from publicly accessible databases. [2] According to Bloomberg Billionaires Index, Bertarelli and family has an estimated net worth of $20.2 billion, as of 16 April 2021. Bloomberg reports. . By Xeba73 @ 2013-06-18 02:09:00. Geneva-based Ares Life Sciences was established in 2008 and owns stakes in European life sciences companies. As part of this, the EPFL and the University of Geneva are expected to occupy some 15,000m2 of the site[22] and, in October 2013, it was announced that Campus Biotech will be the core of a new Swiss neuroscience valley with the research groups involved in the Human Brain Project[23] and the Blue Brain Project,[24] as well as most scientists from the Center for Neuroprosthetics, moving there in 2014. Bertarelli and his family established a foundation in 1999 for promoting research and development in the field of male and female infertility, assisted reproduction technologies, andrology, genetics and endocrinology; supporting training, education and international and national exchanges in these areas through grants. Ernesto Bertarelli (born 22 September 1965) is an Italian-born Swiss billionaire businessman and philanthropist. Bertarelli is the second generation in his family to head Geneva-based Serono. And the racing was the most . Then it took the unusual step of conducting clinical trials comparing Rebif to U.S. rival Biogen's MS drug, Avonex. Republicans Campaigned on Fear. The name Serono is synonymous with the Bertarelli family, who led the company over the course of three generations as it continually broke new ground. Bertarelli, 57, and his family have a fortune of about $17.5 billion, according to the Bloomberg Billionaires Index. Bertarelli owns the biotechnology company Serono. Italian born, Bertarelli, his family, and their pharmaceutical company Serono moved to Geneva in the 1970s. . Embattled royal Prince Andrew used his status to help promote a secretive private bank, whose clients included kleptocrats and alleged criminals. Hijo primognito del empresario Fabio Bertarelli, propietario de la biotecnolgica Serono International, SA, su padre se lo llevaba a los viajes de trabajo con slo diez aos, para que aprendiera los entresijos del negocio. Her catamaran, Ladycat, won the Bol d'Or Mirabaud race in 2010 and she founded sailing team Spindrift in 2011. @ 46.36566, 6.224611. Analysts estimate that by 2005, Rebif will control 35% of the $4 billion world market for MS drugs. Each net worth figure is updated every business day after the close of trading in New York. Net Worth details: Ernesto Bertarelli made most of his fortune from the 65 percent stake he holds in Serono. The Bertarelli family was involved with Serono going back three generations and the analysis assumes that the family has no partners. The index is a dynamic measure of personal wealth based on changes in markets, the economy and Nationality: Italy. [17][18][19], On 22 May 2013, it was announced that a consortium led by Bertarelli and comprising Hansjrg Wyss, the cole Polytechnique Fdrale de Lausanne (EPFL) and the University of Geneva had been successful in their bid for the former Merck Serono site in Geneva, which had been put up for sale when that company announced in April 2012 that it would be closing its Geneva headquarters. His zodiac sign is Virgo. The company gained fame from its discovery of a natural hormone used in the treatment of female infertility, and its treatments for multiple sclerosis and growth hormone deficiency. The 2017 edition of the Sunday Times Rich List estimated the family's wealth at 11.5 billion and noted an increase of 1.72 billion since the previous year. Bertarelli Partners and B-FLEXION. converted to U.S. dollars at current exchange rates Read Ernesto Silvio Maurizio Bertarelli (born 22 September 1965) is an Italian-born Swiss billionaire businessman and philanthropist. The rest are valued using an analysis of the Serono proceeds, disclosed asset sales and purchases, taxes and market performance based on a hybrid of indexes that capture sectors the family is known to invest in, including Swiss real estate, hedge funds, private equity and European health-care companies. He moved the business -- and his family -- to Geneva in 1977. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest Before Brands, a business that wants to prevent food allergies before they even start, launched this morning with $13.1 million in funding from backers including Gurnet Point, run by biotech. Approx. Bertarelli took over the family business after his father's death in the year 1998. Running Europe's biggest (by sales and market cap) biotech group. In March, 2002, the U.S. Food & Drug Administration made the unprecedented decision to overturn Avonex' marketing exclusivity, approving Rebif on the grounds that it was more effective. The Bertarellis sold the family's 64.5 percent stake in the company to Merck KGaA for $8.6 billion, in September 2006. A terrace of residential houses in the Belgravia district of London. The Bertarelli Foundation was founded in 1998 by Maria Iris, Dona and Ernesto Bertarelli in memory of Fabio Bertarelli, who in the 1970s brought Serono, his family's business, to Switzerland and helped lead the development of the life science sector in the Lake Geneva region. An. The Bertarelli Foundation was established in 1998 in memory of Fabio Bertarelli and today is active in those fields that have a historic and current significance to the family. He was the owner and CEO of Serono, a pharma and biotech company, before he sold it in 2007 for $13.3 billion. That compares . In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, [1] 2021) children 3ernesto bertarelli ernesto Using recombinant DNA production technologies, Serono developed Rebif, an MS treatment. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. In 1994 he commissioned the trimaran on board which he would go on to win the 1997 Bol d'Or, a race . It was the first time a team had ever won the coveted sailing trophy on its first attempt, with the victory bringing the Cup to Europe for the first time. Net Worth details: Ernesto Bertarelli made most of his fortune from the 65 percent stake he holds in Serono. That company was sold to Merck for $8.6 billion in 2006 and Bertarelli has . Ernesto Bertarelli's income source is mostly from being a successful Chairman. Since the sale to Merck, the wealth has been moved into hedge funds, private equity and real estate through Geneva-based investment vehicle B-Flexion, previously known as Waypoint Capital. In November 2012, the family's wealth was estimated at US$14.8 billion by Bloomberg. [40], Bertarelli is a member of the Harvard Medical School Board of Fellows. Hooked on sailing from a very young age, Ernesto Bertarelli moved to multihulls when he acquired his first Formule 40, Poseidon. The family has disclosed investments that are valued independently. Nationality: Switzerland. [13][14][15], As well as these businesses, B-Flexion,[16] which is headquartered in Geneva, with offices in Jersey, Boston, San Francisco and Luxembourg,[12] also manages investment holdings itself, including healthcare provider Affidea, medical technology company Esaote, and allergy immunotherapy group Stallergenes-Greer. Net Worth: $15 Billion. With the net worth of $15 Billion, Ernesto Bertarelli is the # 101 richest person on earth all the time follow our database. They not only got along, but the 2007 event, sailed for the first time in Europe, was hailed as one of the Cup's great commercial and competitive successes. Valencia, Spain, the host port, bragged of an economic impact of 6 billion euros and 60,000 jobs. [26] The name Alinghi derives from the Bertarelli family boats that sailed in the regatta fields around Porto Santo Stefano and Porto Ercole. 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That same year, Fabio Bertarelli, ill with cancer, handed over control of the company to his 31-year-old son, Ernesto. [30], Socit Nautique de Genve and Bertarelli's efforts to organize the 33rd America's Cup following their 2007 victory in Alinghi were subject to numerous legal challenges by the Golden Gate Yacht Club. Plus . Valuations are The company makes the billion-dollar multiple sclerosis drug Rebig. The entire fortune is attributed to Ernesto, including stakes held by sister, Dona, and mother, Maria Iris, to reflect his control of the investments. America Didn't Buy It. She is co-president of the Bertarelli Foundation and also owns the Grand Hotel Park in Gstaad, Switzerland. His wife Kirsty is a former Miss UK who is now a singer-songwriter. Oracle billionaire Larry Ellison's yacht club sued multiple times over Alinghi's proposed format for the 2010 America's Cup, which the Swiss team, with Bertarelli at the helm, would eventually lose to its American rival. 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Ernesto Bertarelli was just entering his thirties when his father, Fabio, the second-generation leader of the Switzerland-based biotech Serono, was diagnosed with cancer in 1996. Bertarelli inherited Geneva-based drug manufacturer Serono with his sister, Dona. Republicans Campaigned on Fear. The company sold several successful drugs in the late 1990s. His grandfather, Pietro, joined Serono, a pharmaceutical company founded in 1906. Meghan Markle. Photo: Lloyd Images. Nationality: Swiss. Ernesto Bertarelli purchased a $113 million mansion in London A mansion. Ernesto Bertarelli is a well-known name around the world. This net worth makes him the richest billionaire in Switzerland. Ernesto Bertarelli is an Italian-born Swiss businessman, sports enthusiast and philanthropist, who is among the richest persons on the earth. Bertarelli currently co-chairs with his sister Dona the Bertarelli Foundation which focuses on marine conservation and neuroscience research. Ernesto now manages the family's assets as chairman of Geneva-based Waypoint Capital, under which sit several holding companies, including Jersey-based investment management firm Kedge Capital and the family's London asset management business Northill. Ernesto Bertarelli is an Entrepreneur, zodiac sign: Virgo. Bertarelli is a lucky man. Their professional sailing team, based in Brittany, France, represents their combined passion for the sea, sailing and competition. The house was built in the 19th century and has more than 80 rooms, according to people with knowledge of the matter, who asked not to be identified as the transaction is private. A year later, the world's first test-tube baby was born to parents using Pergonal. Bertarelli's stake in that company was sold to Merck for $8.6 billion in 2006, and he has since diversified his holdings. Ernesto Bertarelli, 36, knows he needs both to succeed in his two passions, sailing and running Serono (SRA ), his family-controlled company. More about Ernesto Bertarelli edit Dating History Grid # 1 Kirsty Bertarelli 0 1 Ernesto Bertarelli is a Swiss entrepreneur, also active in the fields of sport and philanthropy. America Didn't Buy It. Below we countdown to Ernesto Bertarelli upcoming birthday. The family sold its stake in the company for 10.7 billion Swiss francs ($8.6 billion) in 2006. Sister Dona is also an avid sailor and competes on an international women's team that races on Lake Geneva during regatta season. Check out Ernesto Bertarelli's net worth in US Dollar Jun, 2022. It released Gonal-F in 1996, a synthetic infertility drug to replace Pergonal, which required the harvesting of human urine. His family split an estimated $9 billion stake at that time, which added to previous share sales when the company floated on the NY stock market in 2000, which is now invested mainly through his B-Flexion (formerly Waypoint Capital)[8] investment vehicle. To complete the celebration, Ernesto gifted her a 314-feet long superyacht called the Kirsty Bertarelli which Metro reported took 200 people to build. The 2017 edition of the Sunday Times Rich List estimated the family's wealth at 11.5 billion and noted an increase of 1.72 billion since the previous year. The supermodel, 52, looked typically stylish as she attended the Monaco Grand Prix in Monte Carlo on Sunday alongside Ernesto Bertarelli - as she sported a grey maxi dress for the racing event. In 1935 Pietro became the company's managing director, a position he was succeeded in by his son, Fabio Bertarelli, in 1965. America Didn't Buy It. State-of-the-art technology and a capable crew. Huge collection, amazing choice, 100+ million high quality, affordable RF and RM images. 1995 Takes over from father to become Serono chief executive. Stakes in publicly traded companies are valued using the share's most recent closing price. Bloomberg Production at Aston Martin's factory in Gaydon, England. Bloomberg: Balance of Power focuses on the politics and policiesbeing shaped by the agenda of President Biden's administration. Howell's School, Denbigh, Denbighshire, Wales, United Kingdom. [3] 337 Days 19 Hours 32 Minutes 23 Seconds Zodiac When Ernesto Bertarelli's Alinghi (SUI64) crossed the finish line for the final time in Auckland, New Zealand, in 2003, the Swiss 5-0 victory was more than just a decisive . A 10-year-old boy's local lemonade business attracts some big corporate support. Twitter Now Asks Some Fired Workers to Please Come Back, Tech Leads Stocks Lower as Risk-Off Tone Prevails: Markets Wrap, Stocks Notch Three-Day Rally Ahead of Vote Results: Markets Wrap, Europes Energy Crunch Will Trigger Years of Shortages and Blackouts. Ernesto Bertarelli was born on September 22, 1965 in Italy (57 years old). Ernesto Bertarelli has bought an 80-room mansion in London's exclusive Belgravia area for 92million that includes a swimming pool, gym, and a cinema. The Bertarelli name is most closely associated with the global biotechnology firm Serono, SA, which was grown over the course of three generations of the family. He is handsome. An expert sailor, Bertarelli, an Italian-born Swiss citizen, hopes to crew a boat for Switzerland in the 2003 America's Cup. Bloomberg TV India puts the spotlight on pharma billionarie Ernesto Bertarelli. Bloomberg: Balance of Power focuses on the politics and policiesbeing shaped by the agenda of President Biden's administration. Ernesto Bertarelli Net Worth Detail. His family wealth is estimated to be at 11.5 billion, while according to Forbes, his estimated net worth is $9 billion. Ernesto Bertarelli made the majority of his fortune from his 65 percent stake in Serono. Ernesto Bertarelli September 9, 2018 BARON PUBLISHING Ernesto Bertarelli (born 22 September 1965) is an Italian-born Swiss billionaire businessman and philanthropist. Embattled royal Prince Andrew used his status to help promote a secretive private bank, whose clients included kleptocrats and alleged criminals. [28], In recognition of his success, in 2003 Bertarelli was named Chevalier de la Lgion d'honneur[29] by French President Jacques Chirac, and was given the Cavaliere di Gran Croce by Carlo Azeglio Ciampi, President of the Italian Republic. Born on 22 September 1965 in Italy, Ernesto Bertarelli started his career as Businessperson . Property in London owned through Crosstree Real Estate is valued using purchase prices reported in commercial-property tracker, CoStar, and indexed to the performance of London office properties, according to data compiled by researcher Real Capital Analytics.. 2006 Sells. On July 3, 2007, Alinghi beat Team New Zealand in race 7 by 1 second to retain the America's Cup, winning the series 52. The company is well recognized as the for its biotech venture Serono. Ernesto Bertarelli, 54, whose family's $18.1 billion fortune mostly derives from pharmaceuticals,. Ernesto Bertarelli - Age, Bio, Faces and Birthday Currently, Ernesto Bertarelli is 57 years, 0 months and 27 days old. The couple walked hand in hand. Ernesto Bertarelli was previously married to Kirsty Bertarelli (2000). Now they co-chair the Bertarelli Foundation, which focuses on . Born in Rome in 1965, he graduated from Babson College in 1989 and earned an MBA at Harvard Business School in 1993. Bloomberg reporting. It is believed to be correct at the time of inputting and is presented here in good faith. The majority of the Bertarelli family fortune is derived from a 65% stake in drugmaker Serono that was sold to Merck for 10.7 billion Swiss francs ($8.6 billion) in 2006, according to a company statement. Identities Podcasts People Ai. The 2017 edition of the Sunday Times Rich List estimated the family's wealth at 11.5 billion, an increase of 1.72 billion since the previous year. Alongside his achievements in other highly competitive circuits, Ernesto Bertarelli shows a depth of ability to build talented teams and a remarkable determination to win. The biotech billionaire, ex-UBS board member and sailor divorces wife Kirsty Bertarelli, a former UK beauty queen. By the early 1970s, Bertarelli took majority control of Serono by acquiring shares on the open market and renamed it Ares-Serono. His personal wealth is estimated at more than $8bn; he is an accomplished navigator and sailor and he's the holder of a Lgion d'honneur award given to him by ex-French president Chirac. Some projects recently sponsored by the Bertarelli Foundation have been the research Centre for Neuroprosthetics at the EPFL in Lausanne;[37] the partnership with the British government to create the largest marine reserve in the world in Chagos,[38] in the Indian Ocean; a joint research and education program in neuroscience between Harvard Medical School and EPFL;[39] the Swiss Sailing Grants in partnership with the Swiss Sailing Federation; and the Henna Pre-School in South Africa and a partnership with the Stoke-on-Trent YMCA that is led by Kirsty Bertarelli. Embattled royal Prince Andrew used his status to help promote a secretive private bank, whose clients included kleptocrats and alleged criminals.
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