Rank #2046
John Abele & family
Net worth $2.0B
Healthcare · United States
- Born
- Feb 02, 1937
- Age
- 89
- Source
- Healthcare
- Residence
- Shelburne, Vermont
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Amherst College
Net worth over time
Biography
- John Abele cofounded medical device developer Boston Scientific in 1979 to provide less invasive, more accessible treatments.
- Abele took the company public in 1992 and was first listed as a billionaire on The Forbes 400 in 1996.
- He served as a director emeritus of the company until 2017, after retiring from the board in 2011 and as co-chairman in 1995.
- Abele's Argosy Foundation has doled out more than $130 million to a variety of charitable causes since 2001.
- Abele's father was commander of an American submarine that vanished during World War II. Abele funded an expedition that located the sunken ship in 2007.
- Abele received an honorary doctorate of medicine from the University of Vermont in 2018.