Bermuda resident, Curt Engelhorn, whose name again this summer appeared on the Forbes Magazine's list of the top 200 richest people in the world.

Mr. Engelhorn is the owner of Five Star Island which recently underwent significant redevelopment that included months of construction work.

Mr. Engelhorn's family wealth was estimated by Forbes this year at about $11 billion.

He was chairman, and a significant shareholder, of Bermuda-based Corange Ltd., the pharmaceutical and bio-tech concern that had sales of $3.5 billion in the 1995 fiscal year and declared net profit of $215.6 million. The family-owned company was recently reported to be in the process of being sold to Swiss pharmaceutical group, Roche.

Corange, under a philanthropic Mr. Engelhorn's direction, gave the Bermuda College a million dollars in 1994 to use in the equipping of its science labs.

Attempts to reach officials at Universal Construction were unsuccessful and no one contacted at the law firm listed as its attorneys, Conyers, Dill & Pearman, knew about the action.

Mr. Engelhorn was off the Island and unavailable for comment.

COURTS CTS