Who is Richard Sackler?
Richard Stephen Sackler was born March 10 1945 and has become a highly renowned American billionaire businessman and physician since. His notoriety stemmed from his tenure as chairman and president of Purdue Pharma, the pharmaceutical company responsible for creating OxyContin, a powerful opioid prescription. Under Sackler’s direction, Purdue Pharma’s aggressive marketing of OxyContin has contributed to an opioid epidemic sweeping America leading to extensive addiction and overdose deaths; consequently involving Sackler in legal disputes as well as public censure against them both personally.
What is Richard Sackler’s Net Worth?
Richard Sackler has amassed considerable wealth through his affiliation with Purdue Pharma and other ventures, estimated at an estimated net worth of approximately $1 billion. Yet this only represents a portion of his family’s estimated wealth which sits between $14-15 billion; an impressive sum that highlights both their business achievements as well as the tremendous responsibility associated with their role in the opioid crisis.
Where Does Richard Sackler Live Now?
Following the storm of lawsuits and criticisms, Richard Sackler has opted for a quieter life, residing in a $1.7 million house in Boca Raton. This marks a significant change, especially considering his previous real estate dealings. He has reportedly sold properties amounting to about $30 million since 2018. His decision to live in Boca Raton suggests a conscious choice to stay away from the limelight and lead a discreet life.
Is Richard Sackler Married?
In the realms of personal life, Richard Sackler was previously married to Beth Sackler, and together they have three children: Rebecca, Marianna, and David. However, their marriage ultimately ended in divorce. While their romantic relationship ceased, their joint philanthropic ventures, as evident by the Richard and Beth Sackler Foundation, continue to make strides in various charitable areas.
What is the Legacy of the Sackler Family?
The Sackler family’s legacy is an intricate web of generosity and controversy. While they have made an immense difference to arts, sciences, and medicine through their contributions to Purdue Pharma; at the same time they are connected with opioid abuse through ownership of Purdue. Their actions and influence have been scrutinized extensively through media investigations such as “Crime of the Century” and “Empire of Pain”. Their family story serves as a stark reminder of pharmaceutical giants and their leaders – with immense power comes enormous responsibility.
