Mr. Rausing, whose father, Ruben, founded Tetra Pak, led the company with his brother Gad for more than 30 years as its work force grew from a handful of people in Sweden to some 36,000.

Swedish billionaire Hans Rausing died in his home in the U.K. on Thursday night, according to a spokesperson for the family. His wife Märit was by his side. The cause of death was not disclosed ...

Rausing started his factory in Sweden in 1951 and among many other paper materials innovations, that triangular shape gave way to an easier-to-ship box shape. By 1977, ...

Tetra Pak heir Magnus Rausing has made a “significant” investment in Michael Nakan’s Envision Entertainment. British-Swedish investor Rausing will join the Envision board and actively ...