John Kapoor’s profile picture

John Kapoor

John Kapoor’s profile picture
Net worth 2018: $1.41 Billion
Industry: Healthcare
Residence: Phoenix, Arizona
Country: United States
BirthDay: 1942
Children: 4
Education: Bachelor of Arts / Science, Bombay University; Ph.D, SUNY Buffalo
BIOGRAPHY

John Kapoor was bornon 1942 in Phoenix, Arizona, United States. John Kapoor is #1317 in List Billionaires People In The World. John Kapoor is the founder and former CEO and chairman of controversial opioid manufacturer Insys Therapeutics. In October 2017 Kapoor was arrested and charged with conspiring to bribe doctors to needlessly prescribe fentanyl spray Subsys. He denied the charges. Insys has been embroiled in a legal controversy including multiple investigations in connection with the marketing and sales of fentanyl spray Subsys. He owns nearly 70% of Insys Therapeutics' shares. He also resigned in October 2017 as chairman of Akorn, which makes generic prescription drugs.

NET WORTH STATISTIC
2014

$2.4 Billion

2015

$3.3 Billion

2016

$2.1 Billion

2017

$1.7 Billion

2018

$1.41 Billion

TIMELINE
2017

In October 2017, Kapoor was arrested in Arizona and charged with RICO conspiracy, conspiracy to commit wirefraud, and conspiracy to violate the Anti-Kickback Law

1972

He began his career in 1972 at Invenex Pharmaceutical on Grand Island, NY

1942

John Nath Kapoor (born 1942/1943) is an Indian American billionaire pharmaceutical entrepreneur

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