Pfizer, a name synonymous with pharmaceutical innovation, traces its roots back to 1849 when two American cousins, Charles Pfizer and Charles F. Erhart, established a small chemical factory in Brooklyn, New York. Their initial focus was on importing and processing chemicals used in the production of fine art materials, but it was their pioneering spirit and commitment to quality that would eventually propel them into the pharmaceutical realm.

In the late 1880s, Pfizer’s fortunes changed with the discovery of a method to synthesize citric acid, a compound previously extracted from lemons and limes. This discovery allowed Pfizer to produce citric acid on a large scale and at a lower cost, making it a key ingredient in various industries, including food and beverages. This breakthrough not only marked the beginning of Pfizer’s rise as a chemical manufacturer but also laid the groundwork for its future in pharmaceuticals.

Pfizer’s Current Net Worth (as of 2025)

As of 2025, Pfizer’s current net worth is approximately $285 billion, according to the latest available information. This figure reflects the company’s strong financial performance and global presence in the pharmaceutical industry.

Pfizer’s Career

Pfizer, founded in 1849, has a rich history in the pharmaceutical industry. It has pioneered numerous medications, including the first statin drug, Lipitor, and the COVID-19 vaccine, Comirnaty. Pfizer’s commitment to innovation and patient care has solidified its status as one of the world’s leading biopharmaceutical companies.

Pfizer’s Other Ventures

In addition to its core pharmaceutical business, Pfizer has expanded into other ventures. It has a consumer healthcare division that offers over-the-counter products, and it has also invested in biotechnology and digital health initiatives. These ventures have helped Pfizer diversify its revenue streams and tap into new markets.

Pfizer’s Assets

Pfizer’s extensive global operations are reflected in its substantial asset base. As of its latest annual report, Pfizer’s total assets were valued at over $120 billion. This includes property, plant, and equipment, as well as intangible assets like intellectual property and goodwill. Pfizer’s significant research and development investments have contributed to the growth of its asset portfolio.

Pfizer’s Annual Income

Pfizer’s annual income has consistently grown over the years, reflecting the company’s success in the global pharmaceutical market. In 2021, Pfizer’s total revenue reached $81.3 billion, a significant increase from the previous year. This growth can be attributed to strong sales of its COVID-19 vaccine, as well as its established portfolio of medicines and vaccines.

Frequently Asked Questions about  Pfizer

Frequently Asked Questions about Pfizer

1. What is Pfizer’s net worth?

Pfizer’s net worth is estimated to be around $270 billion.

2. What is Pfizer’s primary business?

Pfizer is a multinational pharmaceutical corporation that primarily focuses on the discovery, development, and manufacture of medicines and vaccines.

3. When was Pfizer founded?

Pfizer was founded in 1849 by Charles Pfizer and Charles Erhart in New York City.

4. Who is the current CEO of Pfizer?

Albert Bourla is the current Chairman and Chief Executive Officer (CEO) of Pfizer.

5. What are some of Pfizer’s most well-known products?

Pfizer has developed many well-known products, including Lipitor (atorvastatin), Viagra (sildenafil), and the COVID-19 vaccine developed in collaboration with BioNTech.

6. Where is Pfizer’s headquarters located?

Pfizer’s global headquarters is located in New York, United States.

7. How many employees does Pfizer have?

As of 2021, Pfizer employed approximately 90,000 people worldwide.

8. What is Pfizer’s market capitalization?

Pfizer’s market capitalization is around $230 billion.

9. How many countries does Pfizer operate in?

Pfizer operates in over 125 countries around the world.

10. What is Pfizer’s mission statement?

Pfizer’s mission statement is “To deliver breakthroughs that change patients’ lives.”