Your email address The family's fortune - which is estimated at $18.1BN - is mainly managed through Waypoint. Team Alinghi hired sailors from many different nationalities, including Russell Coutts and Brad Butterworth, respectively skipper and tactician of Team New Zealand's 2000 crew. Swiss billionaire Ernesto Bertarelli has had enough of yachting's biggest race. The donor, Ernesto Bertarelli, is a former CEO of Swiss biotech company Serono and current chairman of the private investment firm B-FLEXION. [27], In 2000, Bertarelli founded the yachting syndicate Team Alinghi, which in 2003, representing the Socit Nautique de Genve, won the Louis Vuitton Cup before beating Team New Zealand in Auckland to win the America's Cup. The pair has three children and the split comes after 21 years of marriage, according to theDaily Mail (Online), citing a spokesperson for the couple. Bertarelli currently co-chairs with his sister Dona the Bertarelli Foundation which focuses on marine conservation and neuroscience research. A Medical School Gift for Translational Research. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Oracle billionaire Larry Ellison's yacht club sued multiple times over Alinghi's proposed format for the 2010 America's Cup, which the Swiss team, with Bertarelli at the helm, would eventually lose to its American rival. Designed by Interconnect. Exclusive access to family/private investment office deal information; Exclusive interviews with principals and senior management . Managing Partner of their London office. 1 priority at the Camp Nou. Ahead of Saturdays vital La Liga clash at Anoeta, FC Barcelona coach Ernesto Valverde has spoken on a wide range of topics including his sides opposition, Real Sociedad, El Clasico, Arthur and the rise of Ansu Fati. James Bertarelli said that although the land for the farm and bottling operation would be valuable for other . As an investor, with assets in hospitality and real estate, she focuses on long-term value creation. The Bertarelli Foundation was founded in 1998 by Maria Iris, Dona and Ernesto Bertarelli in memory of Fabio Bertarelli, who in the 1970s brought Serono, his family's business, to Switzerland and helped lead the development of the life science sector in the Lake Geneva region. Exclusive news, analysis and research on global family enterprise and private investment offices. Sister Dona is also an avid sailor and competes on an international women's team that races on Lake Geneva during regatta season. With his sister Dona, he expanded the company to $2.4 billion in revenues before selling it to Merck for over $13 billion in 2007. Spindrift for Schools is approved by the French Ministry of Education, and the educational kit Inspired by Nature: committed to action! has been included by the Intergovernmental Oceanographic Commission of UNESCO (IOC-Unesco) in its program for the Decade of Ocean Sciences for Sustainable Development. When Ernesto Bertarelli '89 was in high school, he wasn't performing well academically. Sister of Ernesto Bertarelli, who features higher up the list, Dona Bertarelli was the executive director of public and professional affairs at her family's biotech company Serono in the 1990s. That same year, Fabio Bertarelli, ill with cancer, handed over control of the company to his 31-year-old son, Ernesto. Ernesto and Kirsty Bertarelli owned a Bombardier Global Express XRS private jet.The jet has registration HB-JII. Takes over from father to become Serono chief executive. Christopher Cannon, Dean Halford, Brittany Harris and Julian Burgess, of the total wealth of the 500 richest people in the world, of the top 200 U.S. executives total awarded compensation. The Bertarelli Foundation, in Trelex, Switzerland, merged into the Foundation FABER, in Lausanne, in 2006, and since 2008 a renewed Bertarelli Foundation has regrouped the family's numerous philanthropic initiatives in the fields of charity, health, sciences, sport and culture. With the divorce settlement, Kirsty Bertarelli, 53, has become one of the wealthiest women in the UK. Ernesto and Dona co-chair the Bertarelli Foundation, which focuses on marine conservation and life sciences research. Among Dona Bertarellis other philanthropic activities, she supports several initiatives focused on the ocean, and she is part of a community of advocates, the World Economic Forums Friends of Ocean Action. For ten years, the Bertarelli Foundation focused on promoting an understanding of infertility . Exclusive news, analysis and research on global family enterprise and private investment offices. Together, the Patrons represent a powerful voice in support of IUCNs global efforts to conserve the ecosystems upon which all life depends. Sells Serono to German drugmaker Merck for $8.6 billion. [46], In December 2008, Appledore Shipbuilders launched the hull of Project55, Bertarelli's new yacht,[47] which was completed as Vava II by Devonport Engineering Consortium Ltd at Plymouth in February 2012[48], "Bloomberg Billionaires Index: Ernesto Bertarelli", "Les Bertarelli et la pharmaceutique, une histoire de plus d'un demi-sicle", "Startups, Entrepreneurs and Innovation Upstart Business Journal", "GBL Near to $1.7 Billion Affidea Deal With Swiss Tycoon", "Health & Neuroscience Fondation Bertarelli", "GBL to Acquire Health Care Firm Affidea From Swiss Billionaire", "Alpine attraction: Switzerland is a magnet for family offices", "Crosstree Real Estate Partners | Fresh, versatile capital and perspective", "Kedge Capital Fund Management Limited: Private Company Information Bloomberg", "Gurnet Point L.P. Completes Acquisition of Innocoll Holdings plc", "Project to Combine Stallergenes and Greer Laboratories: The New Board of Ares Allergy Appoints Fereydoun Firouz Chairman and CEO | FierceBiotech", "Bertarelli's Waypoint to mop up remaining Euromedic stake source", "Merck KGaA to Close Merck Serono Site in Geneva, Cut Jobs", "Ernesto Bertarelli bought the building in Geneva Merck (translation)", "The Wyss-Bertarelli project was selected by Merck (translation)", "Campus Biotech will be the core of the Swiss neuroscience valley", "Bertarelli: "La Coppa America come giocare alla roulette", "Coppa America, la storia Il miracolo di Alinghi", "America's Cup 2007 America's Cup Match Race Results and News Stories-from CupInfo", "Catgorie:Chevalier de la Lgion d'honneur", "Comunicato: Presidenza della Repubblica", "Scuttlebutt News: Cory E. Friedman America's Cup", "First blood to USA - News - 33rd America's Cup", "USA win 33rd America's Cup Match - News - 33rd America's Cup", "Alinghi returns to defend Extreme Sailing Series title in 2017", "Alinghi wins 2016 Extreme Sailing Series Title >> Scuttlebutt Sailing News", "Sailing News - America's Cup News - Ernesto Bertarelli SUI inductee to the America's Cup Hall of Fame", "Christopher:: Launching of EPFL Center for Neuroprostheses", "Songstress releases festive single with YMCA North Staffordshire choir", "Board of Fellows | Harvard Medical School", "Harvard Medical School Receives $75 Million Gift", "America's Cup winning yachtsman and global entrepreneur receives honorary doctorate", "It's not about the money super-rich Kirsty Bertarelli turns to", "Songwriter Kirsty Bertarelli becomes Britain's richest divorcee with 350m settlement", "Largest British-built private yacht sets sail for Caribbean", "Le onorificenze della Repubblica Italiana", https://en.wikipedia.org/w/index.php?title=Ernesto_Bertarelli&oldid=1142305583, Chairman, B-Flexion; Co-Chair, Bertarelli Foundation, This page was last edited on 1 March 2023, at 17:44. people. Can Ronald Koeman Replace Ernesto Valverde At FC Barcelona In 2020? Dona Bertarelli has won prestigious races and broken records both inshore and offshore, winning the Bol dOr Mirabaud in 2010 and 2014. With the team having won the Champions League just twice this decade with arguably history's greatest player at its disposal, it is safe to assume that nothing less than a title will keep Valverde in his job, with landing the big-eared trophy the No. Terms and Conditions However you may visit Cookie Settings to provide a controlled consent. Before, Cyrus Jilla worked for Schroders and Bain & Co. Northill is a rather special investment vehicle of the Bertarelli single family office. An interview with the Swiss biotech billionaire and America's Cup champion. GPC will have an initial allocation of US$2billion of capital to invest, with a mandate to lead its global healthcare . Geneva-based Ares Life Sciences was established in 2008 and owns stakes in European life sciences companies. The latest family/private investment office deals, UK family office goes big in construction investment, Deep fakes, authentication, and family offices looking for reality, Family office data group gets further fundingto challenge Addepar, Partner Content Event : Single Family Office Gathering, Major League Soccer teams and the family offices behind them, Soccer (football) and why American family offices are piling into their local teams, Family businesses, generative AI, Ludditesand a $1.8 trillion lawsuit. Ernesto Bertarelli inherited biotech giant Serono, maker of the multiple sclerosis drug Rebif, following his father's death in 1998. We believe the world needs faster, better, more affordable access to high quality care. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Family Capital. She is likely to have signed a prenuptial agreement before the marriage in 2000, with one of her friends telling the newspaper that the settlement was a generous one as the couple did not want to have to undergo a lengthy court case in Switzerland and given Ernesto's intent on recognizing the duration of the marriage. Their professional sailing team, based in Brittany, France, represents their combined passion for the sea, sailing and competition. [45] The couple lived in Gstaad and also spent time in their house on the shores of Lake Geneva. He moved the business -- and his family -- to Geneva in 1977. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Ernesto Bertarelli sold his family's pharmaceutical business, Serono, to Merck in 2007 for $13.3bn. Media reports indicate that the couple separated by mutual agreement on an amicable basis this past summer. We also use third-party cookies that help us analyze and understand how you use this website. This gift is the latest in more than a decade of support to HMS, HBS, and the University from the Bertarelli family. Ernesto Bertarelli, 54, whose family's $18.1 billion fortune mostly derives from pharmaceuticals, acquired a 3.4 percent voting . The company gained fame from its discovery of a natural hormone used in the treatment of female infertility, and its treatments for multiple sclerosis and growth hormone deficiency. Waypoint Capital, the firm which advises the Bertarelli family, appointed Ron Cami as group general counsel, according to a statement. Cami will report to Waypoint Chairman Ernesto Bertarelli and . Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The 2017 edition of the Sunday Times Rich List estimated the family's wealth at 11.5 billion, an increase of 1.72 billion since the previous year. London-based Northill Capital has acquired a majority interest in Wellfield Partners, a systematic global investment manager, and will provide seed capital of $30m for a minimum of three years to support Wellfield's growth in target European and international markets. But he could take a view on specific investments as sizeable as $200 million in equities, credit, real estate and infrastructure. The family are, at heart, entrepreneurs and very muchencouraged by the approach of Fabio Bertarelli, Ernestoand Donas father believe in a culture of the possible. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. Jilla formerly led Eight Roads Ventures, a venture capital investment owned by Fidelity International. The family sold its stake in the company for 10.7 billion Swiss francs ($8.6 billion) in 2006. 1y. ses cts, elle a convi 20 personnalits; artiste, auteur de fiction, directrice et conservateur de muses, comdien-scnariste, illustrateur, photographes, publicitaire, diteur, professeur des sciences, directeurs et directrice dinstitutions internationales, femmes entrepreneur, philanthrope ou mcne.Ces personnalits romandes nous aident repenser notre rapport la mondialisation, la nature, autrui bref nous. 2,403 followers. Bertarelli inherited Geneva-based drug manufacturer Serono with his sister, Dona. Boston Pharmaceuticals was equipped with $600M from the beginning on. He is a visiting professor at Berkeley School of Law, where he teaches on the law of mergers and acquisitions. Nominees are voted on by foodies & industry professionals alike. In 2019, she became a Goodwill Ambassador for #TOGETHERBAND, raising awareness for United Nations Sustainable Development Goal 14: Life Below Water, a campaign which matched her commitment to the ocean as well as to the wider United Nations Global Goals. The lawyer will also take a seat on the supervisory board. Cyrus Jilla (pictured below) takes over as chief executive officer of Northill Capital, the wealth management unit of Waypoint Capital.Waypoint Capital is the investment firm of the Bertarelli family. Swiss biotech executive, entrepreneur, and philanthropist Ernesto Bertarelli has pledged $75 million to advance basic scientific discovery, therapeutic science, and a culture of entrepreneurship at Harvard Medical School.. All Rights Reserved. In 2012, the Ledunfly family office was established to serve the personal business interests and philanthropic activities of Dona Bertarelli, her husband, Yann Guichard, and her three children, while shared Bertarelli family assets continue to be managed by B-Flexion, led by her brother, Ernesto. Get the latest stories as they happen: Free e-mail alerts from finews.com. Use third-party cookies that help US analyze and understand how you use this website and. Needs faster, better, more affordable access to family/private investment office deal ;. Supervisory board better, more affordable access to family/private investment office deal information ; exclusive interviews with and! Geneva during regatta season analysis of how that person 's fortune is tallied Inspired by:... Industry professionals alike to family/private investment office deal information ; exclusive interviews with principals and senior management for and... 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