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The runaway success of weight loss drugs took the markets by storm last year, spurring huge stock gains for drugmakers like Novo Nordisk, which makes Wegovy and Ozempic. Most patients take them at home in weekly injections, using plastic, pen-like devices known as autoinjectors, filled with the liquid medication and fitted with a tiny needle as wide as two human hairs.<br/><br/>As demand for the drugs soars, so does the need for those devices. That growth has now minted a new billionaire: Roger Samuelsson, the 60-year-old Swedish cofounder of Switzerland-based SHL Medical, one of the world’s largest manufacturers of autoinjectors. Forbes estimates he’s worth $3 billion, largely thanks to his 69% stake in the company he cofounded in 1989. The remaining 31% is held by Swedish private equity firm EQT—which has minted seven billionaires over the years—and Athos, the family office of the billionaire Struengmann brothers. Press-shy Samuelsson, who declined multiple requests for an interview, also enjoys fast cars (he raced in the 2016 Ferrari Challenge series) and owns the 414-foot megayacht Octopus, which he bought in 2021; the yacht was built for its first owner, Microsoft cofounder Paul Allen (d. 2018).<br/><br/>0:00 Introduction<br/>0:20 Who Is Roger Samuelsson?<br/>3:32 The Growing Market For Injectors<br/>5:50 Who Is The Competition In The Space<br/>8:50 What's Next For SHL Medical<br/>10:45 What's Next For Roger Samuelsson<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/12/meet-the-billionaire-owned-company-making-injectors-for-blockbuster-drugs-like-ozempic/?sh=5ba1ce857607<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Meet The New Billionaire Getting Rich Making Injectors For Blockbuster Drugs Like Ozempic

⏲ 11:59 👁 3.2M

A MAN who collects DeLorean cars has transformed the classic Back To The Future vehicles into a monster truck, a limousine, a hovercraft, a convertible and a Time Machine Replica. Rich Weissensel, a software engineer, is fanatic about the two-door sports car and owns five custom creations – including a stretched DeLorean Limousine - and three stock DeLoreans. Rich has re-modeled the stainless-steel shape of the iconic cars into bizarre and brilliant automotive creations in an ongoing, 14-year series of projects. The projects started after Rich met the car's founder John DeLorean at the Cleveland DeLorean Car Show in 2000 and showed him some of his ideas and sketches. Rich from Chicago, Illinois, built a custom hovercraft using the stainless steel panels of the DeLorean and a hovercraft cushion which allows the DeLorean to float over any surface.

Man Transforms Back To The Future Cars Into Bizarre Creations

⏲ 3:6 👁 1.7M

James Kyle, SEJ Leongatha auctioneer, speaks with Andrew Miller after the April 26 sale in 2024.

James Kyle, SEJ Leongatha auctioneer | Stock & Land | 26\ 04\ 24

⏲ 1:25 👁 4M

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