⬅ # 412 Robert Ng|# 414 Benu Gopal Bangur ➡

# 413 Frederik Paulsen 

$7.30B

Real Time Net Worth
as of 12/11/2024
-$4.3M (-0.06%)

# 413 Frederik Paulsen 

$7.30B

Real Time Net Worth
as of 12/11/2024
-$4.3M (-0.06%)
OccupationChair Emeritus, Ferring Pharmaceuticals
Source of WealthHealth Care
Age74
ResidenceLausanne, Switzerland
Marital StatusDivorced
Children3
Age-Adjusted Net Worth$2.83B
Frederik Paulsen
Frederik Paulsen
Sweden
Net worth: $7.30B

Self-Made Score 

Breitling Navitimer Chronograph Black Dial Men's Watch

Wealth History

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Biography

Overview

Frederik Dag Arfst Paulsen was born on October 30, 1950, in Stockholm, Sweden, as a Swedish citizen.
He grew up in Sweden with his father, Frederik Paulsen Sr., the founder of Ferring Pharmaceuticals, and his father's second wife, Dr. Eva Wolf Frandsen, a founding researcher at Ferring.
Paulsen attended school in Sweden before studying chemistry at the Christian Albrecht University in Kiel, Germany, and business administration at Lund University in Sweden.
He earned his doctoral degree in Demography from Ecole des Hautes Etudes en Sciences Sociales in Paris, France.
Since 2003, Paulsen has been based in Switzerland, where Ferring Pharmaceuticals established its global headquarters in Saint-Prex.
His career has primarily focused on Ferring Pharmaceuticals, where he has held senior executive positions since 1976.

Career and Business Ventures

Frederik Paulsen has worked in senior executive positions at Ferring Pharmaceuticals since 1976.
He also has interests in real estate and viticulture.
Paulsen held the position of Honorary Consul of the Russian Federation in Lausanne, Switzerland, from 2009 to 2022, and was appointed Honorary Consul General in 2015.
He served as a member of the board of directors of Philip Morris International until 2023.
Paulsen was appointed a Knight of the Order of St. John by Queen Elizabeth of England in 2020.
He has been involved in various philanthropic endeavors.

Exploration

Frederik Paulsen is known for his exploration ventures.
In 2007, he descended over 14,000 feet in a Russian MIR submersible to explore the Arctic Ocean at the North Pole.
In 2010, Paulsen completed the first crossing of the Bering Strait from America to Russia in an ultralight aircraft.
He became the first person to explore all eight of the Earth's poles in the winter of 2013.

Philanthropy

As chairman emeritus of Ferring, Paulsen is a founding sponsor of The Peptide Therapeutics Foundation.
He has contributed to the opening of fertility clinics in Russia to address demographic challenges.
Paulsen donated approximately $40 million to the Museum Kunst der Westküste and has supported the Salk Institute, Bhutan's Royal Textile Academy, and the South Georgia Heritage Trust.
His philanthropic contributions span across art, science, and conservation.

Frederik Paulsen's Wealth is Equivalent to:

5,616,628 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,380,511 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

74,567 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Frederik Paulsen?

If you started with $10,000 and invested an additional $500 each month at a 43.53% CAGR, it would take you 5 years to reach Frederik Paulsen's net worth of $7.30B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 63.87% compared to 28.04% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Frederik Paulsen is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Frederik Paulsen, Health Care is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

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Edited by: Lee Bailey