How Much Is The Owner Of Walgreens Worth? Unpacking The Fortune

Stefano Pessina, the former CEO of Walgreens Boots Alliance, has a substantial net worth. As of August 2021, Bloomberg Billionaires Index estimated his net worth at $10.3 billion.

This impressive wealth is largely due to his successful career in the pharmaceutical industry. Pessina started his career in the 1970s, founding a small pharmaceutical company in Italy. Over the years, he built and acquired numerous companies, steadily growing his influence in the industry.

One of his most notable achievements was the merger of Alliance Boots and Walgreens in 2014. This deal created a global pharmacy powerhouse, and Pessina played a key role in its success. Pessina’s vision and leadership were instrumental in establishing Walgreens Boots Alliance as a leader in the healthcare industry. His dedication to creating value for shareholders and customers contributed significantly to his wealth.

Pessina stepped down as CEO in 2017 but remains a significant figure in the company. He continues to hold a substantial stake in Walgreens Boots Alliance, a testament to his long-term commitment to the company’s success. His significant net worth reflects his entrepreneurial spirit, strategic acumen, and enduring impact on the pharmaceutical industry.