How the Sackler Family Built and Lost a Pharma Fortune

In this episode, Lucas and Luna unpack the rise and fall of the Sackler family, the owners of Purdue Pharma. They trace how the family turned a small pharmacy into a powerhouse behind OxyContin, the opioid that triggered a national crisis. Lucas explains how the Sacklers used aggressive marketing to triple opioid sales, while the family trust structure shielded their wealth for decades. Luna notes that the Sacklers extracted $10 billion before the lawsuits hit. The hosts discuss the 2024 Supreme Court ruling that blocked a bankruptcy deal, leaving victims without closure. They explore how the family's reputation collapsed, with museum names removed and public trust shattered. The episode ends with a question about whether family-owned pharma companies can ever balance profit and public health. It's a sobering case study in how family governance can enable harm when accountability is missing. #SacklerFamily #PurduePharma #OxyContin #OpioidCrisis #PharmaFortune #FamilyBusiness #BusinessFailure #LegalBattle #Bankruptcy #SupremeCourt #PublicHealth #CorporateAccountability #FamilyGovernance #Business #Finance #FexingoBusiness #BusinessPodcast #FamilyBusinessStories Keep every episode free: buymeacoffee.com/fexingo