Curt Engelhorn Biography

Curt Engelhorn, a German billionaire, pharmaceutical business leader and the great-grandson of the founder of German chemical company BASF. He ran the company for 36 years, expanding its biochemical and pharmaceutical operations while also transforming it into one of the world’s leading makers of medical diagnostic tests.

Curt Engelhorn Age

He was born on 25 May 1926, Munich, Germany. Birth sign not known. Died on 13 October 2016 at the age of 90.

Curt Engelhorn Nationality

He was German by birth.

Curt Engelhorn Measurements

His weight and height were not updated.

Curt Engelhorn Education

The only provided information concerning his educational background is that he holds a bachelor’s degree in chemical engineering from the University of Texas at Austin.

CURT ENGELHORN

Curt Engelhorn Family

His mother was an  American. He is the great-grandson of Friedrich Engelhorn, the founder of the German chemical company BASF. Elizabeth Engelhorn was his sister.

Curt Engelhorn Marriage

He was married to Heidemarie Engelhorn. His wife was born on January 23, 1941, in Munich, Germany. She inherited the wealth of around US$1.8 billion. Heidemarie Engelhorn was a philanthropist. She obtained a Business Administration degree. She was relocated to Italy in 1970 to manage Orm Bergold Chemie, which was established by Orm Bergold, her first husband. The couple had five children in there marriage with Heidemarie Engelhorn. They were residing in Gstaad, Switzerland.

Curt Engelhorn Career

He started working at the former C.F. Boehringer & Söhne GmbH in 1955 and rose to become its CEO within five years. Under his management, the hitherto medium-sized enterprise grew into a global concern. Engelhorn headed Boehringer Mannheim until it was sold in 1997. Family ties and his career as a businessman kept his relationship with the city extremely close. Family ties and his career as a businessman kept his relationship with the city extremely close.

As part of the deal, finalized in 1998, Roche also acquired Boehringer’s interest in DePuy, a leading manufacturer of artificial joints and orthopedic products. Engelhorn walked away with an estimated $4.1 billion. His family made news in Germany in early 2016 when it became public that two of his daughters were accused of not having paid taxes on real estate and money they had been given by their father. The family agreed to a deal with German authorities requiring them to repay taxes in the amount of about $150 million and fines of about $5 million.

In 2001, he fulfilled his promise to make an even larger donation to the city in gratitude for his business success. He endowed a foundation for the Reiss Museum in Mannheim with over $ 25 million, unparalleled in the German museum scene in recent years. The eponymous Curt Engelhorn Foundation for the Reiss-Engelhorn-Museen supports all of the institution’s research and exhibition work. The former Reiss Museum, which already housed two independent museums under its roof, was renamed the Reiss-Engelhorn-Museen in honor of this donor.

In 2008 it was announced that he would be donating Euro 400,000 annually over a period of 10 years to support American studies at the Heidelberg Center for American Studies. The former Reiss Museum, which already housed two independent museums under its roof, was renamed the Reiss-Engelhorn-Museen in honor of this donor.

Until 2012, Engelhorn owned Five Star Island, Bermuda a major shareholding in a Bermuda registered German pharmaceutical multinational Corange Ltd. It was also discovered that an authentic 12th-century cloister had been used as a pool decoration in one of Engelhorn’s Spanish estates, hidden from the public and the Spanish conservation authorities for more than half a century.

In 2013, there have been ongoing investigations by the German authorities concerning suspected tax frauds between Engelhorn and his daughters, avoiding capital transfer taxes of up to Euro 440 million.

As of January 2016, the family’s lawyers conceded capital transfer tax evasions in the amount of Euro 135 million to the court.

Curt Engelhorn Net worth

Curt Glover Engelhorn had a net worth of US$6.2 billion.

Curt Engelhorn Membership

*Founder, president of Engelhorn Foundation Rare Diseases.

*European Foundation for Advancement Medicine.