According to Celebrity Net Worth, Richard Sackler, American businessman and physician has a staggering net worth of US$1 billion. He made his fortune working as the chairman and president of his family’s pharmaceutical company called Purdue Pharma.
During his tenure as president, the company produced the painkiller “OxyContin” which has s ince been a target of numerous lawsuits and fines as it had been said of to be a deadly ongoing opioid epidemic in the United States that has killed or harmed hundreds of thousands of people.
Who is Richard Sackler?
Richard Stephen Sackler was born March 10, 1945 in Roslyn, New Yorkin the United States. His parents are Beverly Feldman and Raymond Sackler. There is no information about his childhood and growing up.
Sackler studied and received a bachelor’s degree from Columbia College, and later followed up with an MD degree from the New York University School of Medicine.
In 1971, Sackler joined Purdue Pharma, his family pharmaceutical company, where he started working as an assistant to his father who was then president. He was eventually promoted to head of research and development as well as head of marketing.
Sackler was integral in the development of the opiate OxyContin, managing to push the drug through FDA approval in 1995 on the false and untested claim that the drug was less addictive than other painkillers of its kind.
Sackler became president of Purdue Pharma in 1999 and he continued with the promotion of the addictive OxyContin on false and misleading claims that addiction in relation to the drug is unrelated to anything embedded in the drug. He pushed his company employees to advance bogus narratives and encouraged doctors to prescribe overly high doses of the drug to patients.
How many houses and cars does Richard Sackler have?
Richard Sackler owns a number of houses in the United States. He also owns a number of luxury cars to his name.
How much does Richard Sackler make annually?”
According to CA knowledge, Sackler makes US$100 million per year.
How many businesses does Richard Sackler own?
Richard Sackler was the chairman and president of Purdue Pharma.
What brands does Richard Sackler have?
All through his career, he has had several brands.
How many Investments does Richard Sackler have?
Not much is known about investments Sackler has made.
How many Endorsement deals has Richard Sackler?
Unknown the number of such brand endorsement deals he has penned over the course of his life.
How many charities has Richard Sackler donated to?
Through his foundation, several charities have received donations.
How many Philanthropy works has Richard Sackler supported?
Richard Sackler and his former wife Beth founded the Richard and Beth Sackler Foundation.
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