Portrait of Timothy Springer

Rank #3355

Timothy Springer

Net worth $1.0B

Biotech · United States

Born
Feb 23, 1948
Age
78
Source
Biotech
Residence
Chestnut Hill, Massachusetts
Citizenship
United States
Marital status
Married
Children
0
Education
Ph.D, Harvard University; Bachelor of Science, University of California, Berkeley

Net worth over time

Biography

  • Timothy Springer is an immunologist and professor of biological chemistry and molecular pharmacology at Harvard Medical School.
  • He was a founding investor in publicly traded biotech outfit Moderna, investing about $5 million in 2010; he now owns an estimated 3% of the firm's shares.
  • Springer also owns shares of three smaller publicly traded biotech firms: Cartesian Therapeutics, Scholar Rock and Tectonic Therapeutic.
  • He first started teaching at Harvard in 1977 as an assistant professor.
  • In 1993, he founded biotech firm LeukoSite and took it public in 1998; the next year, he sold it to Millennium Therapeutics for $635 million.
  • In 2017, Springer established the Institute for Protein Innovation, an independent nonprofit focused on researching proteins, with an initial grant of $10 million.
  • Springer bikes to work from his home in Chestnut Hill, Massachusetts.

Financial assets

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