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Hans Rausing: Tetra Pak Swedish packaging billionaire dies aged 93 | Business News

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The man who helped build Tetra Pak into one of the world’s biggest food packaging companies has died at the age of 93.

Hans Rausing was a billionaire Swedish industrialist and the son of Tetra Laval founder Ruben Rausing.

Tetra Laval consists of three industry groups – Tetra Pak, Sidel and Delaval – and it was Tetra Pak that Hans and his brother Gad inherited in 1983 after the death of their father.

Hans sold his stake to Gad in 1995 for around $7bn (£5.7bn) and in 2011 he was placed at number 83 in the Forbes world fortune list, with an estimated value of $10bn (£8.2bn).

As of August this year, his worth was estimated by Forbes at $12bn (£9.8bn).

A customer takes a milk tetra pak from the dairy department of a Carrefour grocery store in Brussels September 4, 2014
Image:
Tetra Pak is part of Tetra Laval, which was founded in 1944

Mr Rausing died in his sleep at Wadhurst Park, his 900-acre estate in East Sussex, on Friday with his wife Marit by his side, his family said.

He had moved to England in 1982 and chosen the estate so he could pursue sports and a country life.

According to Forbes, he also had homes in London and Barbados.

In 2006 he was made an honorary Knight Commander of the Order of the British Empire (KBE) for his philanthropic
activities.

He and his wife had donated large amounts of money to charities and research in the UK and Sweden, including to medical research in Sweden and community projects in Sussex.

He is survived by his wife, daughters Lisbet and Sigrid, and son Hans Kristian Rausing.

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