Andreas Strüngmann’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $4.4 billion | Forbes World's Billionaires List 2019 |
| 2020 | $9.6 billion | Forbes World's Billionaires List 2020 |
| 2021 | $11 billion | Forbes World's Billionaires List 2021 |
| 2022 | $11.9 billion | Forbes World's Billionaires List 2022 |
| 2023 | $11.5 billion | Forbes World's Billionaires List 2023 |
| 2024 | $9.8 billion | Forbes World's Billionaires List 2024 |
| 2025 | $11.3 billion | Forbes World's Billionaires List 2025 |
| 2026 | $12 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $11 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Andreas Strüngmann’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Andreas Strüngmann has an estimated net worth of $11 billion, according to Forbes Real-Time Billionaires, Andreas Strüngmann profile (figures as of October 20, 2026). That is up from $4.4 billion in 2019.
Andreas Strüngmann is a German physician, businessman, and investor in healthcare. After studying medicine in Freiburg, Germany, he worked as a doctor in South Africa. His biggest early business move came in 1986, when he and his twin brother Thomas cofounded generic drugmaker Hexal. The company became a major player in lower-cost medicines, and that business helped build the fortune that later funded a wide range of biotech and pharmaceutical investments.
A second major chapter came through backing BioNTech at an early stage. In 2008, the Strüngmann brothers supported the company with a €136.5 million seed investment in a €150 million round. BioNTech later partnered with Pfizer to make a vaccine for Covid-19. Alongside that stake, the brothers have invested through Santo Holding in biotech, pharma, life sciences, and healthcare companies. Forbes put Andreas Strüngmann's net worth at $11 billion on its real-time tracker on October 20, 2026.
How Andreas Strüngmann built his wealth
Much of Strüngmann's wealth traces back to Hexal, the generic drugmaker he cofounded with his brother in 1986. In 2005, they sold Hexal and their 67.7 percent of U.S. Eon Labs to Novartis for $7.5 billion. That deal made Sandoz the largest generic-drug company in the world. Afterward, Andreas took an executive role at Sandoz, leading regional operations in Europe, Africa and Asia-Pacific.
He and his brother then kept building through investing. Their Santo Holding has backed companies in biotech, pharma, life sciences, and healthcare from Zug, Switzerland. They were also early supporters of BioNTech, putting in €136.5 million during a €150 million seed round in 2008. Other deals in the record include buying 89.6 percent of Südwestbank in 2004, a 2014 purchase of Siemens Audiology Solutions for €2.2 billion with EQT AB, and support for a Conergy capital increase in 2008.
Forbes net worth over time
Forbes tracked a sharp rise in Strüngmann's fortune after the BioNTech investment became far more valuable. Its annual estimates moved from $4.4 billion in 2019 to $9.6 billion in 2020, then $11 billion in 2021 and $11.9 billion in 2022. Forbes later estimated $11.5 billion in 2023 and $9.8 billion in 2024 before raising the figure to $11.3 billion in 2025 and $12 billion in 2026.
The main money story behind those changes is clear in his business history. Forbes says Strüngmann and his brother were early backers of BioNTech, which partnered with Pfizer to make a vaccine for Covid-19. At the same time, his wealth still rests on the earlier Hexal sale and a long run of healthcare investing through Santo Holding. Forbes' real-time tracker showed him at $11 billion in October 2026.
Career and money timeline
- 1986
He and his brother cofounded generic drugmaker Hexal.
- 2004
Through Santo Holding, the brothers acquired 89.6 percent of Südwestbank from DZ Bank.
- 2005
They sold Hexal and their 67.7 percent of Eon Labs to Novartis for $7.5 billion.
- 2008
The brothers backed BioNTech with €136.5 million in a €150 million seed round.
- 2014
Santo Holding and EQT AB bought Siemens Audiology Solutions for €2.2 billion.
- 2017
The brothers sold Südwestbank to BAWAG for an undisclosed price.
Andreas Strüngmann net worth FAQ
What is Andreas Strüngmann's net worth?
Andreas Strüngmann's net worth is an estimated $11 billion, according to Forbes Real-Time Billionaires, Andreas Strüngmann profile (October 20, 2026). It is an estimate, not an official figure.
How did Andreas Strüngmann get so rich?
The main sources named in the reporting we cite are: Pharmaceuticals.
How has Andreas Strüngmann's net worth changed?
The earliest published estimate we track is $4.4 billion (2019, Forbes World's Billionaires List 2019). The latest is $11 billion (October 20, 2026).
What companies made Andreas Strüngmann rich?
Hexal was the first big source of wealth, especially after its 2005 sale to Novartis. BioNTech later became another major driver, alongside other healthcare investments through Santo Holding.
Is Andreas Strüngmann self-made?
Yes. Forbes lists him as self-made.
Sources
- Forbes Real-Time Billionaires, Andreas Strüngmann profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Andreas Strüngmann profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Andreas Strüngmann profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Andreas Strüngmann profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Andreas Strüngmann profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Andreas Strüngmann profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Andreas Strüngmann profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Andreas Strüngmann profile (April 2025)
- Forbes World's Billionaires List 2026, Andreas Strüngmann profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Andreas Strüngmann (accessed October 24, 2026). Used for career facts only, never for figures.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.