Bernard Broermann

Bernard Grosse Broermann (20 November 1943 – 25 February 2024) was a German billionaire businessman who was the founder of Asklepios Kliniken, one of Germany's three largest operators of private hospitals. It employs more than 45,000 people, and owns 150 hospitals worldwide.

Bernard Grosse Broermann grew up in Damme and studied medicine and chemistry in Berlin and Münster up to the respective preliminary examinations.^[1] He then switched to studying law and business administration and graduated with both legal state examinations and admission to the bar. He was awarded a doctorate in law in 1970 with his dissertation ‘The Scope of Investment Legislation’. During his studies, he founded the company, "Capital Treuhand", which was responsible for managing SEC-controlled funds. After completing his studies in Berlin, he sold this company. Broermann had an MBA from the INSEAD and Harvard University.^[2][3]

Before founding the organisation Asklepios, and his first hospital in 1984, Broermann worked as an accountant and lawyer before founding Asklepios and his first hospital in 1984.^[2]

Asklepios Kliniken has moved into luxury hotels with its subsidiary, Dr. Broermann Hotels & Residences GmbH, which has bought Hotel Atlantic Kempinski in Hamburg, the Kempinski Hotel Falkenstein in Königstein, a luxury hotel and spa in the Taunus region near Frankfurt, and the Villa Rothschild Kempinski near Frankfurt.^[2] In the 2018 fiscal year, the Asklepios Group achieved an operating result (EBITDA) of €397.6 million with an annual revenue of more than €3.4 billion, earnings after tax (EAT) amounted to €171.1 million; the number of full-time employees was 35,327 at the 2018 balance sheet date.^[4]

As of February 2024, Forbes estimated his net worth at US$3.5 billion.^[2]

Broermann was married with three children and lived in Königstein, Germany.^[2] He died on 25 February 2024, at the age of 80.^[5]