Age, Biography and Wiki
Gad Rausing was born on 19 May, 1922, is a Swedish industrialist and archaeologist (1922–2000). Discover Gad Rausing's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 78 years old?
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78 years old |
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Taurus |
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19 May, 1922 |
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19 May |
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Date of death |
2000 |
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We recommend you to check the complete list of Famous People born on 19 May.
He is a member of famous with the age 78 years old group.
Gad Rausing Height, Weight & Measurements
At 78 years old, Gad Rausing height not available right now. We will update Gad Rausing's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Gad Rausing Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Gad Rausing worth at the age of 78 years old? Gad Rausing’s income source is mostly from being a successful . He is from . We have estimated Gad Rausing's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
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Timeline
Gad Rausing (19 May 1922 – 28 January 2000) was a Swedish industrialist and archaeologist.
Rausing was born in Bromma, outside of Stockholm, in 1922 as the eldest son of industrialist Ruben Rausing and his wife Elisabeth (née Varenius).
He had two younger brothers, Hans and Sven.
Rausing studied chemistry at the University of Lund and began his career as the head of the research laboratory at Åkerlund & Rausing, his father's company, where he was in charge of the team developing suitable materials for the newly invented tetrahedron package.
The great success of the business was largely the result of their development of aseptic packaging technology, developed in the 1950s and early 1960s and later called the most important food packaging innovation of the 20th century.
Rausing had a parallel career as a scholar in pre-historic Scandinavian archaeology and was a reader at the Institute of Archaeology at Lund University.
Asked how he could uphold a position in senior management of a global corporation and do archaeological research at the same time, he stated "a fair number of left-over hours in airports and planes" as his key to finding the time.
The tetrahedron subsequently became the central product of Tetra Pak, which was founded in 1951 as a subsidiary to Åkerlund & Rausing.
Rausing joined Tetra Pak as deputy managing director in 1954.
Over the years the company evolved from a small family business with six full-time employees, in 1954, into a multi-national corporation with over 20,000 employees (2011), a development much of which has been credited to the leadership of Rausing and his brother throughout the 1960s and 1970s.
Rausing had a lifelong passion for archaeology and the humanities and was an accomplished scholar, earning his PhD from the University of Lund in 1967 with a dissertation on Scandinavian pre-historic bows and arrow-heads.
In addition to his work as deputy managing director at Tetra Pak he was a frequent lecturer at the Institute of Archaeology at Lund University and the author of several books.
Rausing became Doctor Honoris Causa at the Royal Institute of Technology in Stockholm in 1983.
The Lahore University of Management Sciences (LUMS) library has been renamed as Gad & Birgit Rausing Library to acknowledge the donation provided by the Rausing family to construct the library building.
In 1995 Gad bought out his brother's interest in the company in what was at the time the most extensive private buyout in Europe.
In 2002, the Gad Rausing Prize for Outstanding Humanistic Research was instituted by Rausing's three children in memory of their father at the Royal Swedish Academy of Letters, History and Antiquities, where Gad Rausing was a member during his lifetime.
The Swedish Sea Rescue Society has a class of rescue vessels where the lead ship Gad Rausing was built in 2002 after a large donation from the Tetra Laval group.
Rausing's passion for the humanities led to his frequent sponsorship of various research projects, among others the excavation of the 10th Century Viking trading town of Birka outside Stockholm.
Rausing's foundation, The Birgit and Gad Rausing Foundation, awards grants to research within the humanities and supports several important institutions, among others the Lund and Oxford universities.
Together with his brother Hans he inherited the Swedish packaging company Tetra Pak, founded by their father Ruben Rausing and by 2011 the largest food packaging company in the world by sales.
Dennis Jönsson, the CEO of Tetra Pak, inaugurated the library on 17 March 2011, noting that the Rausing family funds were utilized for educational purposes and unveiled a plaque commemorating the Rausing family's donation.
Gad Rausing was married to Birgit Rausing and had three children, Finn, Jörn and Kirsten.