As of 2024, American Businessman and Physician, Richard Sackler Net Worth is estimated to be $1.1 Billion. Richard Sackler has made a successful career in business work, leading his father’s company to new achievements. He has received much wealth from his family, including his father’s business Purdue Pharma. Later he made money from his company and investment. He makes money from his salary for serving in these companies.
He has been in this industry for a long time and made his name in the business, but he was also involved in legal issues. Besides this, His company has earned millions of dollars during his career in this company as president. His other sources of income include making money from his investments and other sources of income. Must Read Ron Conway Net Worth.
Richard Sackler Net Worth
Purdue Pharma is a medicine company that went bankrupt in 2019 because of legal claims against them. In 2022, they were informed to pay $6 billion to settle a case. The family who held the company, the Sacklers, were super rich, and they had to give at least $5.5 billion in money to help individuals who were addicted to drugs. Richard declared that he and his family are not responsible for the epidemic despite facing cases.
The Sackler family is worth about $14-15 billion. One of the original brothers, Arthur, passed before OxyContin was created. His spouse, Dame Jillian Sackler, is still alive and does charity work. Their 4 kids haven’t taken money from OxyContin gains.
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The famous American businessman Richard Sackler’s net worth is estimated to be $1.1 Billion. According to various online resources (Wikipedia, Forbes, Bloomberg), the most popular American businessman Richard Sackler estimated net worth is around $1.1 Billion.
| Name | Richard Sackler |
| Net Worth (2024) | $1.1 Billion |
| Profession | American businessman and physician |
| Monthly Income | $10 Million + |
| Yearly Income | $100 Million + |
| Known for | Former chairman and president of Purdue Pharma |
| Last Updated | 2024 |
Legal Consequences
In the 2000s, Purdue lied about OxyContin’s addictiveness and faced consequences. They paid a big penalty and settled for $24 million in 2015. Regardless, they said it wasn’t their fault and made Kentucky get rid of or give back the proof against them. In 2018, Massachusetts cased Purdue for tricking doctors and patients into using harmful painkillers just so they could sell more. The next year, Purdue filed for insolvency protection in New York City.
In 2020, Purdue settled for $6 billion and accepted to purposely sell OxyContin without a proper medical reason. The Sackler family had to pay $225 million. In 2021, the US House of Representatives introduced a bill to prevent the Sacklers from getting legal security during insolvency. Later that year, Purdue got approval to shut down legally and become a business focused on helping those affected by the opioid problem.
Richard SacklerNet Worth Growth
| Richard Sackler Net Worth in 2024 | $1100 Million |
| Richard Sackler Net Worth in 2023 | $1000 Million |
| Richard Sackler Net Worth in 2022 | $900 Million |
| Richard Sackler Net Worth in 2021 | $830 Million |
| Richard Sackler Net Worth in 2020 | $760 Million |
| Richard Sackler Net Worth in 2019 | $700 Million |
Richard Sackler House
Sackler sold his big bungalow in 2022, which is located in Boca Raton, Florida. The place has 8 bedrooms and 5 bathrooms. Records from The Post show that he dealt it for $4.88 million. Sackler had purchased the home 2 years before for $3.7 million, and it is over 7,300 square feet in size.
Richard Sackler Media Work
A show has also been created on his, which Michael Stuhlbarg portrays in the 2021 Hulu series Dopesick which has received a good response from the audience. Matthew Broderick has also worked in the Netflix limited series Painkiller which came in 2023. Must Read Mattress Mack Net Worth.
Richard Sackler Facts
- Born: 10 March 1945 (age 78 years), Roslyn, New York, United States
- Cousins: Elizabeth Sackler, Kathe A. Sackler, MORE
- Spouse: Beth Sackler (m. ?–2013)
- Children: David Sackler, Rebecca Sackler, Marianna Sackler
- Parents: Raymond Sackler, Beverly Feldman
- Education: Columbia University (BA); New York University (MD)
- Known for: Former chairman and president of Purdue Pharma
- Profession: American businessman
- Richard Sackler’s Annual Income is $90 Million +
- Richard Sackler’s Net Worth is $1100 Million as of 2024
FAQs
What is the net worth of Richard Sackler?
Richard Sackler's total net worth is around $1.1 Billion.
How much does Richard Sackler make annually?
Richard Sackler earns an estimated salary of $90 Million + per Year.
What is the monthly income of Richard Sackler?
The monthly income of Richard Sackler is $10 Million.
How much did Richard Sackler sell his home?
Richard Sackler sold his home in Feb. 2022 for $4.88 million.
How old is Richard Sackler?
Currently, Richard Sackler is 78 years old (10 March 1945).
What is the name of Richard Sackler’s wife?
Richard Sackler was married to Beth Sackler (m. ?–2013).
What is the name of Richard Sackler’s Children?
David Sackler, Rebecca Sackler & Marianna Sackler.
Richard Sackler belongs to which profession?
He is a Businessman. Known for being the former chairman and president of Purdue Pharma.
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