Phillip T. (Terry) Ragon
$4.0B
Born
Jun 01, 1949
Age
76
Source of Wealth
Health IT
Residence
Boston, Massachusetts
Citizenship
United States
Marital Status
Married
Children
0
Education
Bachelor of Arts/Science, Massachusetts Institute of Technology
- Phillip Ragon, known as Terry, founded InterSystems, a software company that enables hospitals and banks to analyze big data, in 1978.
- Ragon retains full ownership of the company, which generates around $1 billion in annual sales.
- Ragon and his wife, Susan, joined the Giving Pledge in 2017.
- After a trip to South Africa in 2009 where Terry and Susan saw the ravages of AIDS, they established the Ragon Institute to pursue an HIV vaccine.
- The couple announced a $200 million gift to endow the Ragon Institute of Massachusetts General Hospital, MIT and Harvard in 2019.
- Ragon spent his high school senior year in Bogota, Colombia and has donated over half a million dollars since 2013 to a religious school there.
- Ragon is the son of a U.S. Air Force fighter pilot.
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