Portrait of Patrick Soon-Shiong

Rank #379

Patrick Soon-Shiong

Net worth $9.3B

Pharmaceuticals · United States

Born
Jul 29, 1952
Age
73
Source
Pharmaceuticals
Residence
Los Angeles, California
Citizenship
United States
Marital status
Married
Children
2
Education
Master of Science, University of British Columbia; Bachelor of Arts/Science, University of Witwatersrand; Medical Doctor, University of Witwatersrand

Net worth over time

Biography

  • 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.
  • He took his cancer drug maker NantKwest public in 2015 and his biotech startup NantHealth public in 2016.
  • He owns NantWorks, a network of health startups, and has stakes in media firm Tribune Publishing and the Los Angeles Lakers.
  • He bought the Los Angeles Times and San Diego Tribune for $500 million in June 2018.
  • In May 2020, Soon-Shiong's ImmunityBio was selected for the federal government's "Operation Warp Speed" to help quickly develop a Covid-19 vaccine.
  • Soon-Shiong graduated from high school at age 16 and became a doctor at 23.
  • Soon-Shiong was born in South Africa to Chinese immigrants.

Financial assets

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