Eternal Horizon, Never Sell the Core

“The family’s fortune largely consists of the value of holdings in the company Melker Schörling AB. Melker Schörling and family control the investment company with 86.1 percent of the votes (31.12.2016). The ownership in MSAB causes the value of the fortune to fluctuate between years, and the actual value is not realized until the shares are sold. And that is not the intention. It is a long-term capital that continually grows.”

“Frederik Paulsen represents the foundation that owns Ferring. The company is essentially debt-free. Over the years, he has also initiated, spun off, and developed several other enterprises, including a diagnostics company, another for the manufacture of peptide hormones, and an offshore company. As the sole owner of these companies, the foundation has been able to receive significant dividends from Ferring and the other companies over the years. In this way, the capital in the foundation grows. The companies are controlled through various holding companies, and this structure limits tax costs at all stages. Frederik Paulsen is also involved in several projects requiring investments, including two vineyards in Georgia, which is said to be the cradle of wine, and a publishing company.”