David Dean Halbert
$3.5B
Born
Dec 19, 1955
Age
69
Source of Wealth
Biotech
Residence
Colleyville, Texas
Citizenship
United States
Marital Status
Married
Children
3
Education
Bachelor of Business Administration, Abilene Christian University
- David Dean Halbert became a billionaire in June 2025 when the diagnostics firm he built up, Caris Life Sciences, went public on the Nasdaq.
- In 2008 Halbert acquired a small biotech firm called Molecular Profiling Institute, then greatly expanded it and renamed it Caris Life Sciences; he owns a 44% stake.
- Caris Life Sciences uses gene sequencing, AI and machine learning for early disease detection; revenue at the unprofitable company grew to $412 million in 2024.
- Halbert previously founded pharmacy benefit manager AdvancePCS in 1987. He took it public and later sold it to Caremark for $7.5 billion in 2004
- He has been an active buyer and seller of healthcare businesses through his Caris Capital.
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