Frederik Paulsen is a Swedish entrepreneur with a net worth of $5.2 billion.
Frederik Paulsen, who inherited a small drug manufacturer from his father, is a recent addition to the list of billionaires’ circles.
In 1983, when Frederik became the CEO, the company made $15 million a year in revenue.
During his tenure, the biotech company that specializes in producing infertility, obstetrics, urology, gastroenterology, and endocrinology products has been generating sales of $1.7 billion.
In addition to expanding the company, he has been giving generous contributions to charitable causes around the globe since 1998. He donated $10 million to help eradicate rats on the South Georgia island, Falklands.
To prevent the population from subsidizing, Frederik Paulsen is building fertility clinics in Russia every two years.
He also gave more than $3 million and a large number of tapestries to the kingdom of Bhutan in a bid to support its new Royal Textile Academy.
He is a great adventurer who makes three to four extreme trips every year.
The first person to cross the Bering Strait from Alaska to Russia was Frederik Paulsen, who flew a super-light aircraft that was a little bigger than a lawn chair with a kite and propeller.