Rank #356
Judy Faulkner
Net worth $9.6B
Healthcare software · United States
- Born
- Aug 01, 1943
- Age
- 82
- Source
- Healthcare software
- Residence
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Dickinson College; Master of Science, University of Wisconsin
Net worth over time
Biography
- Judy Faulkner founded medical-record software provider Epic Systems in a Wisconsin basement in 1979.
- Faulkner, a computer programmer, is CEO of the $5.7 billion (2024 sales) company, of which she owns an estimated 43%.
- Epic supports the medical records of over 250 million patients and is used by top medical centers such as Johns Hopkins and Mayo Clinic.
- The company has never raised venture capital or made an acquisition, and develops all its software in-house.
- Faulkner signed the Giving Pledge in 2015 and has agreed to eventually give 99% of her assets to a private charitable foundation.
- In 2024 she told Forbes that she was regularly selling around $100 million of her Epic shares a year back to the company, with proceeds going to her charitable foundation, Roots & Wings.
- Faulkner started Epic, originally named Human Services Computing, with $70,000; she wrote the original code on a Data General Eclipse 16-bit minicomputer.
- Perks at her Epic's headquarters in Verona, Wisconsin include a tree house and an Indiana Jones-inspired cave walkway.