Richard Sackler Net Worth 2024: Salary, Income Wife and Children (2024)

American businessman, Richard Sackler Net Worth is estimated to be $1.1 billion as of 2024. He was born on March 10, 1945, in Roslyn, New York, United States. He is one of the prominent businessmen in the industry and is known for his company, Purdue Pharma, where he served as chairman and CEO. He has been in the media for developing OxyContin, whose links to the opioid epidemic in the United States have led to numerous lawsuits and fines. Check out Richard Sackler Net Worth, Biography, Wife, Age, Height, Weight, and more.

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He joined Purdue Pharma in 1971, where he began as an assistant to his father, who was president. He later became director of research and development and director of marketing. He became a household name for developing Oxycontin, Purdue Pharma’s research engine around 1990. He also helped get the FDA to approve the claim that Oxycontin was approved in 1995.

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He became the president of the company in 1999 and took the company to new heights. He also sent emails to the company’s employees urging them to cover a story about Oxycontin addiction. He also got involved in legal issues related to his work at the company. A show was released in 2021 called Dopesick, starring Michael Stuhlbarg on Hulu in 2021. Also, check out Robert Kirkman’s Net Worth.

Richard Sackler Net Worth

American businessman “Richard Sackler” has a net worth of $1.1 billion. Richard Sackler has had a successful career in business, leading his father’s company to new achievements. He received a lot of wealth from his family, including his father’s company Purdue Pharma. He then made money from his company and investments. He made money from his salary while working at these companies.

He has been in the industry for a long time and has made a name for himself in the industry, but he is also involved in legal matters. Besides, his company has earned millions of dollars during his career at this company as its president. His other sources of income include making money from investments and other sources of income.

NameRichard Sackler
Net worth (2024)$1.1 billion
JobAmerican businessman and physician
Monthly income$10 million +
Annual income$100 million +
Known forFormer Chairman and CEO of Purdue Pharma
Latest updates2024

Richard Sackler Net Worth 2024: Salary, Income Wife and Children (1)

Richard Sackler’s Net Worth Growth

Richard Sackler Net Worth 2024$1.1 billion
Richard Sackler Net Worth 2023$1.0 billion
Richard Sackler Net Worth 2022$0.9 billion
Richard Sackler Net Worth 2021$0.8 billion
Richard Sackler Net Worth 2020$0.7 billion
Richard Sackler Net Worth 2019$0.6 billion

Richard Sackler Biography

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Richard Sackler was born on March 10, 1945 and is currently 79 years old. He was born in Roslyn, New York, United States. He is known in the industry as Richard Sackler, and his full name is Richard Stephen Sackler. He grew up in the wealthy family of Beverly and Raymond Sackler, who owned Purdue Pharma.

He received his bachelor’s degree from Columbia College and then attended New York University School of Medicine, where he earned his MD. After graduating from college, he joined his father’s business as an assistant to his father and later became the director of research and development and the director of marketing. He also served as chairman. Check out Sundar Pichai’s net worth.

Real nameRichard Stephen Sackler
Nickname:Richard Sackler
Place of birth:Roslyn, New York, United States
Date of birth:March 10, 1945
Year old:79 years old
Height:In Centimeters – N/AIn Feet and Inches – N/A
Weight:In Kilograms – N/AIn Pounds – N/A
Eye color:Do not have
Hair color:Do not have
Education:Columbia University, NYU Grossman School of Medicine
Religion:Jewish
Nationality:American
Zodiac sign:Pisces
Sex:male
Sexual orientation:Straight
Children’s Name:David Sackler, Rebecca Sackler, Marianna Sackler
Job:American businessman
Net asset value:$1.1 billion

Richard Sackler’s professional career

Richard Sackler is a member of the Sackler family, which owns a medical-related business. He graduated from New York University School of Medicine, and upon graduation, he decided to enter the field of psychiatry as a licensed physician. He agreed to join the family business Purdue Pharma, where he joined as head of research and development and marketing director. He rose to fame by developing and marketing OxyContin.

He promoted OxyContin as a safe and effective solution for pain management, overseeing the company’s marketing efforts. He took a higher position in the company, where he became president in 1999 and led the company to new achievements, making him a well-known business in the industry. He also became co-president in 2003 and was in charge of the research and development of OxyContin. He has been with the company for a long time and has had a successful career.

Richard Sackler Net Worth 2024: Salary, Income Wife and Children (2)

Richard Sackler’s Relationships and More

ProblemsDo not have
Girlfriend Do not have
Best friendDo not have
Couple Beth Sackler (married to ?–2013)
DivorceBeth Sackler (married to ?–2013)
ChildrenDavid Sackler, Rebecca Sackler, Marianna Sackler
Parents Raymond Sackler and Beverly Feldman
Siblings Do not have

Richard Sackler Media work

A show has also been created based on his show, which Michael Stuhlbarg plays in the 2021 Hulu series Dopesick which has received a good response from the audience. Matthew Broderick has also worked on the Netflix limited series Painkiller which is coming out in 2023. Must read Mattress Mack Net Worth.

Education

See more : Michael Beasley Net Worth

Richard Sackler attended a local high school where he studied general education. He also attended Columbia College where he earned his BA. He also received his MD from New York University School of Medicine.

Frequently Asked Questions

What is Richard Sackler’s net worth?

Richard Sackler’s total net worth is approximately $1.1 billion.

How old is Richard Sackler?

Richard Sackler is now 79 years old (March 10, 1945).

How much money does Richard Sackler make per year?

Richard Sackler has an estimated salary of more than $100 million per year.

What is Richard Sackler’s wife’s name?

Richard Sackler is married to Beth Sackler (married 2013).

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Category: Net Worth

Richard Sackler Net Worth 2024: Salary, Income Wife and Children (2024)

FAQs

How much is the Sackler family worth in 2024? ›

The Sackler family has an estimated collective net worth of $10.8 Billion in 2024. Arthur Sackler Sr.: Deceased, amassed a significant fortune from medical advertising and trade publications. At the time of his death, Arthur's estate was estimated to be worth $140 million.

Are the Sackler family still rich? ›

Even after Purdue Pharma's bankruptcy, the family still has billions. In December 2020, taking into account the fines that the Sacklers have already paid out as settlements, Forbes estimates that the family (around 40 members) is worth about $10.8 billion.

How much does the Sackler family have to pay? ›

Under the negotiated deal, the Sacklers would pay up to $6 billion over nearly two decades to help alleviate the crisis. The settlement plan could ultimately be worth more than $10 billion, Purdue Pharma has said.

What is the net worth of the Perdue family? ›

Financial worth

All of the company's profits go to Sackler family trusts and entities. 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". Many US states allege the family is worth more than $13 billion.

How much did Purdue make on OxyContin? ›

OxyContin first came on the market in 1996. In the years that followed, the painkiller generated more than $35 billion in revenue for Purdue Pharma.

Is OxyContin still available? ›

Oxycodone is only available on prescription. It comes as slow-release tablets, standard tablets and capsules, and a liquid that you swallow.

Is OxyContin still sold in the US? ›

OxyContin, a trade name for the narcotic oxycodone hydrochloride, is a painkiller available in the United States only by prescription. OxyContin is legitimately prescribed for relief of moderate to severe pain resulting from injuries, bursitis, neuralgia, arthritis, and cancer.

Is Raymond Sackler still alive? ›

What kind of doctor is Richard Sackler? ›

Dr. Richard Sackler, MD is a family medicine physician in Stamford, CT and has over 52 years of experience in the medical field.

Where is Richard Sackler today? ›

They have a charitable foundation, the Richard and Beth Sackler Foundation. Since 2013, he has lived outside Austin, Texas.

Where is Richard Sackler's house? ›

It was featured in Netflix's hit series - which was based on true events - as the fictional residence of Richard Sackler, who is currently believed to be living in Boca Raton, Florida. The drama series featured a whole host of famous faces such as West Duchovny, Uzo Aduba and Taylor Kitsch.

Is OxyContin still a problem? ›

OxyContin abuse among high school students is a particular problem. Four percent of high school seniors in the United States abused the drug at least once in the past year, according to the University of Michigan's Monitoring the Future Survey.

What is the religion of the Sackler family? ›

Early life. Born in Brooklyn, New York, in 1920 to a Jewish family, Sackler was educated at Erasmus High School and attended New York University, where he received a bachelor's degree in 1938.

How many Sacklers are there? ›

It named eight family members: Richard, Jonathan, Mortimer, Kathe, David, Beverly and Theresa Sackler as well as Ilene Sackler Lefcourt.

Does the perdue family still own perdue chicken? ›

Our company has remained family-owned and operating since 1920. Two generations currently work in the company and the family is committed to keeping Perdue Farms a family-owned business.

How much is Raymond Sackler worth? ›

Purdue Pharma, which is 100% privately owned and operated by the families of Raymond and Mortimer Sackler, researched, developed, markets and distributes the opiate drug Oxycontin and related compounds. A year prior to his death, Sackler was estimated by Forbes to have a net worth of around $13 billion.

Where does the Sackler family live? ›

Around that time, Keefe reported, Richard moved to Austin, Texas, where he continued the family's tradition of philanthropy. Per Keefe, Richard continued donating to Yale, as well as the neoconservative think tank Foundation for the Defense of Democracies.

How much is the Sackler Prize? ›

Sackler Prize in the Physical Sciences. The Raymond and Beverly Sackler International Prize in the Physical Sciences is a $40,000 prize in the disciplines of either physics or chemistry awarded by Tel Aviv University each year for young scientists who have made outstanding and fundamental contributions in their fields.

Who is the youngest Sackler? ›

Raymond Sackler (Sam Anderson)

Youngest Sackler brother Raymond was also a CEO of Purdue Pharma, and like Mortimer, he has been accused of knowing that OxyContin was more addictive than the company claimed. He died in 2017 at age 97.

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