Share |

A pharmaceuticals dynasty with an unhealthy history

The affairs and scandals of a family that brought the world Band-Aids and antiseptic through its family business empire have been laid bare in a new unauthorised biography.

The affairs and scandals of a family that brought the world Band-Aids and antiseptic through its family business empire have been laid bare in a new unauthorised biography.

Crazy Rich: Power, Tragedy and Scandal Inside the Johnson & Johnson Dynasty details the history of the healthcare empire and the eponymous family’s relationship with its vast wealth – from the founders to their modern day descendants, such as billionaire New York Jets owner Woody Johnson.

Drawing on more recent generations’ affairs, fiery tempers, drug addictions and inheritance battles, author Jerry Oppenheimer compares the dynasty to the cursed Kennedy clan. He details the tail of Woody Johnson falling off a bridge while drunk and only being able to walk again following months in intensive care and rehabilitation. The wife of another family member, according to the book, shot a private investigator who had been hired to follow her. The family has also been plagued by a number of fatal accidents through the generations.

Johnson & Johnson, founded in 1886 by Robert Wood Johnson and his brothers, started as an antiseptic and surgical dressings business and grew into one of the world’s largest over-the-counter drug companies in the world.

The third-generation were the last of the family to be involved in the day-to-day management of the business.

Click here >>
Close