RedCarpetLife
#0 World Rank
Fernando Espinosa Abdalá

Fernando Espinosa Abdalá

0% | $ 0M
F. Abdalá
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
65Y
Country
Mexico
Born On
January, 1960
Deceased
No
Relationship Status
Married
Children
Unknown
Education

Unknown

Designation Info :

Self-Made
No
Type
Inherited
Organization Name
Unknown
Title
Unknown
Source

Rimsa Sale

Industry
Pharmaceuticals, Investments

About F. Abdalá


F ernando Espinosa Abdalá is a Mexican billionaire whose family made its fortune in the pharmaceutical industry. He is the son of the late Leopoldo Espinosa, who was a key partner in the founding of the generic drug manufacturer, Rimsa. The company became one of the largest and most successful pharmaceutical companies in Mexico.

In 2015, the Espinosa family sold Rimsa to the Israeli drugmaker Teva Pharmaceuticals for a massive $2.3 billion. However, the deal descended into a major international scandal shortly after, with Teva accusing the family of fraud and concealing significant issues with the company's drug approval data. The dispute led to a lengthy and high-profile legal battle. Despite the controversy, the massive proceeds from the sale are the source of the Espinosa family's immense wealth, which is now managed through their family office.

Quick Reads


  • Heir to the Rimsa pharmaceutical fortune.
  • His late father was a founder of the major Mexican generic drug maker.
  • The family sold Rimsa to Teva Pharmaceuticals in 2015 for $2.3 billion.
  • The deal was followed by a major legal scandal and accusations of fraud.
  • His family's wealth comes from the proceeds of the company sale.

More Profiles


Advertisement

You May Like