Billionaire Surfaces on Stock Surge of Scientific Device Maker
- Frank Laukien, son of founder, owns almost a quarter of Bruker
- Massachusetts company posted profit for 36 straight quarters
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A rally that sent Bruker Corp. to a 17-year high last week has made Chief Executive Officer Frank Laukien a billionaire.
Shares of the Billerica, Massachusetts-based maker of scientific instruments have surged 42 percent this year through last week, giving its leader a net worth of $1 billion, according to the Bloomberg Billionaires Index. Laukien, 57, declined to comment on the valuation.