LONDON: Hans Rausing, the billionaire Swedish industrialist who helped turn Tetra Pak into one of the world's biggest food packaging companies, has died aged 93, his family said in a statement.
Rausing, son of Tetra Pak's founder Ruben Rausing, died at his home, Wadhurst Park in southern England, on Friday.
"Hans Rausing, the industrialist and entrepreneur, died peacefully in his sleep at his home ... on Friday 30 August," the family statement said. "His wife Marit was at his side."
Rausing co-inherited half of the Tetra Laval carton maker from his father in 1983 and sold his stake to his brother Gad in 1995 for around US$7 billion.
In the 2011 Forbes world fortune ranking, Rausing was placed at number 83 with an estimated fortune of US$10 billion.
He moved to England in 1982 and settled on the Wadhurst Park estate in East Sussex where he pursued his interests in sporting and country life, the statement said.
In 2006 he was made an honorary Knight Commander of the Order of the British Empire (KBE) for his philanthropic activities.
He is survived by his wife, daughters Lisbet and Sigrid, and son Hans Kristian Rausing.
(Writing by William Schomberg and Stephen Addison; editing by David Evans)