Petras Narbutas's Biography

Petras Narbutas is a renowned Lithuanian billionaire and the driving force behind the Norameda Group, a powerhouse in the Baltic pharmaceutical sector. Born on May 14, 1968, Narbutas earned a Master’s degree in Chemistry from Vilnius University before venturing into the business world during Lithuania’s early years of independence. His first big break came in the 1990s when he secured exclusive pharmaceutical distribution rights, paving the way for his company’s exponential growth. Today, he is celebrated for his relentless pursuit of innovation, with a business empire spanning pharmaceuticals, biotech, and healthcare investments. Known as 'The Pharma King', Narbutas is recognized not only for his business acumen but also for his commitment to philanthropy and healthcare development in the Baltic region. Despite minor controversies, such as a 2017 price-fixing investigation, Narbutas remains a respected figure in international business circles. His net worth has steadily increased, reaching $1.6 billion in 2024. Passionate about sailing, classical music, and modern art, Narbutas also enjoys giving back to the community, famously completing a solo sailing trip around the Baltic Sea for charity. His leadership, vision, and dedication to progress make him one of the most influential business figures in Eastern Europe.