Are The Sackler Family Jewish? Everything We Know About Their Net Worth And More

Is Sackler Family Tree Jewish? Find out all the roots of the family that has been turmoiled in recent controversies and lawsuits.

Sackler Family is an American family which is counted as one of the world-famous and wealthiest families.

The family founded and own the pharmaceutical companies Purdue Pharma and Mundipharma.

Purdue Pharma is mainly known for the production of pharmaceutical drugs, including OxyContin.

The drug OxyContin, Purdue Pharma, and the Sackler family have been in tight situations since a few years back given their contribution to the opioid epidemic in the United States.

The opioid epidemic is a term used for the extensive overuse of opioid medications, both from medical prescriptions and from illegal sources.

Due to such, the U.S. has faced criticism in its medical bills that has resulted in the deaths of many as well as indirect effects on the U.S. economy.

Is Sackler Family Tree Jewish?

Sackler Family Tree is of Jewish background as the family’s first notable predecessors were immigrants from Sackler Family the united Galicia (now Ukraine) and Poland.

The current American Sackler family are the descendants of Isaac Sackler and his wife Sophie who immigrated to the U.S. before 1950.

The couple started a grocery business in Brooklyn and raised their three sons to be psychiatrists.

The three Sackler brothers had started the pharmaceutical roots when they bought a small pharmaceutical company, Purdue-Frederick in 1952.

Dr. Arthur Sackler started the family’s massive fortune when he increased the sales of Valium, transformed diazepam due to his exceptional marketing strategy.

Since then, the extended Sackler family members are focused on pharmaceuticals and serve in the family business.

Sackler Family Net Worth 2021 Revealed

Sackler Family is counted as one of the richest families of the world as the combined net worth counts up to more than a billion dollars.

According to a 2016 Forbes report, the family held more than $13 billion net worth estimation that came to decrease in upcoming times.

However, per a CNBC report, the Sackler family had written in letters to the U.S. House Oversight Committee that family members on the board had assets of only about $1.1 billion in 2021.

Oxycontin Lawsuit Documentary Explained

Sackler Family has been the subject of wide media coverage and also a 2021 HBO documentary, “Crime of the Century” for their role in Oxycontin sales.

The book “Empire of Pain” by Patrick Radden Keefe also covers the family’s main role in the opioid epidemic since the 1990s.

Legal trouble started flooding in for the Sackler family when they were hit with a whopping 1,600 lawsuits against them due to Oxycontin production and marketing.

OxyContin, also known as Oxycodone or Roxycodone is a highly addictive drug used for the treatment of moderate to severe pain.

Sackler family and Purdue Pharma’s role in suggesting the drug for much of the medical cases has cost them a hefty price as of today.

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