Rank #1247
Phillip T. (Terry) Ragon
Net worth $3.5B
Health IT · United States
- Born
- Jun 01, 1949
- Age
- 76
- Source
- Health IT
- Residence
- Boston, Massachusetts
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
- Bachelor of Arts/Science, Massachusetts Institute of Technology
Net worth over time
Biography
- 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.