⬅ # 418 Edythe Broad|# 420 Ray Lee Hunt ➡

# 419 Niels Peter Louis-Hansen 

$7.16B

Real Time Net Worth
as of 10/28/2024
$43.1M (0.60%)

# 419 Niels Peter Louis-Hansen 

$7.16B

Real Time Net Worth
as of 10/28/2024
$43.1M (0.60%)
OccupationDeputy Chair, Coloplast
Source of WealthMedical Devices
Age77
ResidenceHumlebaek, Denmark
Marital StatusMarried
Children1
Age-Adjusted Net Worth$2.27B
Niels Peter Louis-Hansen
Niels Peter Louis-Hansen
Denmark
Net worth: $7.16B

Self-Made Score 

Mido Multifort Chronograph Special Edition - Black Dial

Wealth History

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Biography

Overview

Niels Peter Louis-Hansen was born on October 25, 1947, in Denmark, to Aage and Johanne Louis-Hansen.
Louis-Hansen became a board member of Coloplast following his father's death in 1966.
He owns 20.7% of Coloplast directly, making him the company's largest shareholder.
Louis-Hansen also owns 15.6% of Ambu and holds stakes in other medical companies through N.P. Louis-Hansen ApS.

Career

Louis-Hansen joined Coloplast's board after his father's passing and continued the family legacy.
He also holds significant stakes in Ambu and Virogates through his investment company.

Personal Life

Niels Peter Louis-Hansen is married and has one daughter.
He resides in Humlebaek, Denmark, and is the owner of Tustrup Manor in Randers.

Coloplast Connection

Coloplast, founded by his father in 1957, is a Danish multinational company specializing in medical devices.
The company employs over 12,000 people globally and operates in 53 countries.
In 2020/2021, Coloplast recorded revenues of DKK 18.554 billion.
It is listed on the Danish Stock Exchange and has been among the country's top 20 traded shares.
Coloplast was ranked the 22nd most innovative company in the world by Forbes in 2016.

Acquisitions and Controversies

In 2010, Coloplast acquired Mpathy Medical Devices.
In November 2016, the company acquired Comfort Medical for $160 million.
In 2021, Coloplast announced the acquisition of Atos Medical for $2.49 billion.
Coloplast faced legal issues regarding transvaginal surgical mesh implants, leading to settlements for damages.

Niels Peter Louis-Hansen's Wealth is Equivalent to:

5,508,083 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,353,832 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

73,126 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Niels Peter Louis-Hansen?

If you started with $10,000 and invested an additional $500 each month at a 43.72% CAGR, it would take you 5 years to reach Niels Peter Louis-Hansen's net worth of $7.16B.

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 60.38% compared to 22.68% for the S&P 500 benchmark.

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

Niels Peter Louis-Hansen 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 Niels Peter Louis-Hansen, Medical Devices 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