AGENCIES: Hans Rausing, the Swedish billionaire who helped build food packaging company Tetra Pak into a global giant, has died aged 93.

Son of its founder, Ruben Rausing, he ran the firm from 1950 until 1995 – when he sold his share in the family business to his brother.

Rausing was known for his philanthropy in Sweden and the UK.

His family’s fortune, estimated by Forbes at $12bn, makes them one of the richest living in the UK.

In recent years, Rausing’s family were hit by scandal, after his son was given a suspended prison sentence for failing to report the death of his wife.