Here are the 10 richest healthcare and biotech execs
Forbes just released its annual ranking of the top billionaires and several healthcare executives and investors made the cut.
After all, curing diseases can be highly profitable.
Here are the top 10 richest billionaires with healthcare ventures.
SEE ALSO: Billions are pouring into digital health — here are the hottest young companies among VCs this year
1. Dilip Shanghvi
Net worth: $12.8 billion
Home country: India
Dilip Shanghvi started Sun Pharma in 1983. Though the company had some up and downs with FDA approvals and standards for its drugs, the company said last August that it was on track to gain $300 million from a deal with Ranbaxy.
2. Seo Jung-jin
Net worth: $11.9 billion
Home country: South Korea
Seo Jung-jin co-founded and now is the CEO of Celltrion, a biopharmaceutical company which develops drugs to treat cancer, influenza and rheumatoid arthritis, among others. The company is also known for making biosimilars and has recently partnered with Teva to develop migraine drugs.
3. Thomas Frist Jr.
Net worth: $9.6 billion
Home country: USA
Thomas Frist Jr. and his father founded Hospital Corporation of America in 1968. HCA, in addition to having hospitals and surgery centers, also has several subsidiaries that branch out into different healthcare businesses.
See the rest of the story at Business Insider
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Reviewed by mimisabreena
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Friday, October 05, 2018
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