Gary Michelson’s profile picture

Gary Michelson

Gary Michelson’s profile picture
Net worth 2018: $1.7 Billion
Industry: Health care
Residence: Los Angeles, California
Country: United States
BirthDay: 14 January 1949
Sigh: Aquarius
Children: 1
Education: Bachelor of Arts / Science, Temple University; Medical Doctor, Hahnemann Medical College
BIOGRAPHY

Gary Michelson was bornon 14 January 1949 in Los Angeles, California, United States. Gary Michelson is #1393 in List Billionaires People In The World. Gary Michelson was trained as an orthopedic and spinal surgeon and holds more than 340 U.S. patents for orthopedic instruments, methods and devices, a number of which have been instrumental in improving spinal surgical procedures. In 2005 he became a billionaire when he reached a $1.35 billion settlement with medical device giant Medtronic after years of litigation over his patents. Michelson, who joined the Giving Pledge in June 2016, has previously made donations in support of medical research, animal welfare and education. In 2014 he donated $50 million to the University of Southern California for a building that will house both engineering studies and biomedical research. He also heads several nonprofit organizations, including the Twenty Million Minds Foundation, the Found Animals Foundation, and the Michelson Medical Research Foundation. To date, he has given over $200 million to his foundations.

NET WORTH STATISTIC
2009

$1.3 Billion

2010

$1.4 Billion

2011

$1.4 Billion

2012

$1.4 Billion

2013

$1.5 Billion

2014

$1.55 Billion

2015

$1.55 Billion

2016

$1.6 Billion

2017

$1.7 Billion

2018

$1.7 Billion

TIMELINE
2017

Michelson has created a complete undergraduate college course in Intellectual Property, The Entrepreneur’s Guide to Intellectual Property, which has been taught at the USC Marshall School of Business via its Lloyd Greif Center for Entrepreneurial Studies since September 2017

2016

In the August 2016 special issue of the Los Angeles Business Journal, Dr

2015

In the December 2015 issue of Forbes Magazine, Gary K

2014

In January 2014 it was announced that Michelson gifted $50 million to the University of Southern California for the USC Michelson Center for Convergent Bioscience

2013

With a budget of 15 million dollars as of November 2013, 65 full-time employees and 137,000 volunteer hours to date, Found Animals provides no cost spay and neuter services to low income households, a grant program supporting spay/neuter and surrender prevention programs, a kitten foster program which saved more than 1,000 kittens in 2015 and the Saving Pets Challenge which raised $1 Million for animal welfare organizations nationwide

2008

In 2008, Michelson's Found Animals foundation launched the Michelson Prize and Grants in Reproductive Biology an international competition with a 25 million dollar prize that represents a unique experiment in innovation aimed at solving the problem of pet overpopulation

2005

was rechristened the Michelson Medical Research Foundation in 2005

2004

His defense against Medtronic's suit established a major legal precedent in 2004, governing who bears the cost of pre-trial discovery of electronic evidence

1949

Michelson (born January 14, 1949) is an American board certified orthopedic spinal surgeon, inventor, and philanthropist

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