Otto Philipp Braun

$3.34B

as of 10/04/24

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.

Personal stats

Citizenship

Germany

Source of wealth

Medical technology

Residence

Melsungen, Germany

Birth date

01/01/78 (age 46)

Self-made

inherited