Portrait of David Dean Halbert

Rank #1930

David Dean Halbert

Net worth $2.2B

Biotech · United States

Born
Dec 19, 1955
Age
70
Source
Biotech
Residence
Colleyville, Texas
Citizenship
United States
Marital status
Married
Children
3
Education
Bachelor of Business Administration, Abilene Christian University

Net worth over time

Biography

  • 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.

Financial assets

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