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Richard Stephen Sackler (born March 10, 1945) [1] is an American businessman and physician who was the chairman and president of Purdue Pharma, a former company best known as the developer of OxyContin, whose role in the opioid epidemic in the United States became the subject of many lawsuits and fines, filing for bankruptcy in 2019.
All About his net worth, settlement, and where he lives. The series looks at America's opioid crisis. Richard Sackler From Netflix's ‘Painkiller’ Is Still Worth $1 Billion
Determining the family's exact wealth has been deemed implausible; [59] conspiracy theories claiming the family is worth trillions of dollars have not been proven. [60] [61] The Bardi family of Florence (14th century) The Medici family, as owners of the Medici Bank, the richest family in 15th-century Europe. [62]
All of the company's profits go to Sackler family trusts and entities. [31] According to a 2017 article in The New Yorker, Purdue Pharma is "owned by one of America's richest families, with a collective net worth of thirteen billion dollars". [30] Many US states allege the family is worth more than $13 billion. [32]
Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription ...
He was erased," Patrick Radden Keefe wrote regarding Robert Sackler in his new book, "Empire of Pain." Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
8-hour 2015 deposition of Richard Sackler about his family's role in the opioid crisis in the United States. [ 15 ] Heavily promoted, [ 16 ] [ 17 ] OxyContin is a key drug in the emergence of the opioid epidemic .
Purdue’s lawyer said the net worth of the “small number” Sackler family members who served as directors and officers in the company in the US is roughly $1.2 billion.