Who is the rich South African doctor?

Asked by: Melissa Funk  |  Last update: December 11, 2023
Score: 4.7/5 (69 votes)

Patrick Soon-Shiong (born July 29, 1952) is a South African-American transplant surgeon, billionaire businessman, bioscientist, and media proprietor. He is the inventor of the drug Abraxane, which became known for its efficacy against lung, breast, and pancreatic cancer.

How did Patrick Soon-Shiong make his money?

Medical doctor Patrick Soon-Shiong invented the cancer drug Abraxane. It became a blockbuster thanks to its efficacy against pancreatic cancer. He sold his drug companies Abraxis in 2010 and American Pharmaceutical Partners in 2008 for a combined $9.1 billion.

What kind of doctor is Patrick Soon-Shiong?

Soon-Shiong was a skilled surgeon who had trained under organ-transplant pioneers, but he'd grown unhappy with the procedure: pancreas transplants carried a high risk of organ rejection, and he didn't feel that the outcomes were worth the danger.

Who is the owner of NantWorks?

Soon-Shiong established NantWorks, LLC, an ecosystem of companies with deep understandings in a wide variety of complex industries, from science to data, communication, and mobility.

What is the revenue of NantWorks?

NantWorks's revenue is $200.0 million.

NantWorks peak revenue was $200.0M in 2022.

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What companies does Patrick Soon-Shiong own?

Soon-Shiong became a billionaire after selling two drug companies: APP Pharmaceuticals and Abraxis BioScience. He sold APP to Fresenius Medical Care for $4.6 billion in 2008, and Abraxis to Celgene for $2.8 billion in 2010. He owns the Los Angeles Times and a 4.5% stake in the Lakers professional basketball team.

Who is the owner of Nant Capital LLC?

NantHealth is a majority-owned subsidiary of NantWorks, LLC (“NantWorks”), which is a subsidiary of California Capital Equity, LLC (“Cal Cap”). The three companies were founded by and are led by Dr. Patrick Soon-Shiong.

Who is No 1 richest person in the world?

Who is the richest man in the world? As of July 1, 2023, the richest man in the world is Elon Musk, the CEO of electric car company Tesla; he's worth $237.7 billion. He moved into the number one spot in June, overtaking Bernard Arnault of France.

Who is the richest doctor in California?

Patrick Soon-Shiong, MD ($7.3 billion net worth)

And it's not enough that he's the richest doc in in Los Angeles, CA, he's also the richest physician in the USA. Born in South Africa in 1952, Soon-Shiong is the son of Chinese refugees.

Who is Dr Patrick Soon-Shiong the new owner of the LA Times?

Patrick Soon-Shiong — immigrant, doctor, billionaire, and soon, newspaper owner — starts a new era at the L.A. Times. In the five years since the purchase, the newspaper industry has become more fraught due to subscriber losses and shortfalls in advertising revenue that intensified during the COVID-19 pandemic.

Who owns the LA Times building?

The new Times owner Patrick Soon-Shiong moved the paper to a building he owned in El Segundo, leaving the building empty. The vacant building is currently underused, with vacant space being used for movie shoots, earning the company as much as $4 million one year.

Who are the owners of Merricks Capital?

Adrian Redlich

Adrian is the founder of Merricks Capital and is responsible for investment strategy, investors, and portfolio across all Merricks Capital products.

Who owns capital in Company?

The money business owners (if it is a sole proprietorship or partnership) or shareholders (if it is a corporation) have invested in their businesses. Owners Capital is also referred to as Shareholders Equity.

Is Bain Capital a private Company?

Since our founding, Bain Capital has remained highly aligned to our limited partners and grown to become one of the world's largest private, multi-asset investing firms. Bain Capital is a private, employee-owned company.

Who is richest pilot or doctor?

According to the U.S. Bureau of Labor Statistics, the median annual wage for airline pilots is around $202,180. Medical doctors came in with a salary of $208,000, lawyers $127,990 and engineers with a median annual wage of $79,840.

Which country has the richest doctor?

1: Luxembourg

A general practitioner's salary is $278,900 per year, while a specialist receives $352,300. Besides the monthly average wage, their salaries include other benefits such as transportation and housing. However, because of the country's small population, there is fierce competition for jobs among doctors.

Which country doctors are richest?

Surprisingly, Luxembourg is considered the most lucrative country for doctors around the world. Luxembourg is a small country in Western Europe, its population is around 632000. Luxembourg is among the top 10 countries that offer high quality of life around the world.

What is Mytonomy annual revenue?

Mytonomy's annual revenue is $1.4M. Zippia's data science team found the following key financial metrics about Mytonomy after extensive research and analysis.

Are there any millionaire doctors?

Across the board according to the 2021 physician wealth report, 56% of physicians reported a net worth of over a million. Out of family physicians, the majority become millionaires by the age of 55, with only 11% having a net worth of a million before 45.

How many billionaire doctors are there?

Nine U.S. physicians appeared on Forbes' 36th annual list of the world's richest people. The list featured 33 U.S.-based billionaire entrepreneurs, heirs, inventors and leaders in healthcare, and 2,668 billionaires all together.

How rich is a doctor?

So, how many doctors are millionaires? Medscape's Physician Wealth and Debt Report from 2021 found that about half of the 20,000 physicians surveyed have a net worth under $1 million. On the other hand, half of physician net worth is over $1 million, while 7% are over $5 million.