Gary K. Michelson is an American orthopedic spinal surgeon, medical inventor, and billionaire philanthropist. He is the founder and chairman of the Michelson Foundation, a private foundation that has donated billions of dollars to medical research, education, and animal welfare.
Michelson was born in Philadelphia, Pennsylvania, in 1949. He attended Hahnemann Medical College and Temple University School of Medicine, where he earned his medical degree in 1974. After completing his residency in orthopedic surgery, Michelson went on to found several medical device companies, including Michelson Medical Technology and SpineWave.
In 2005, Michelson settled a long-running patent dispute with medical device giant Medtronic for $1.35 billion. The settlement made him a billionaire and allowed him to focus on his philanthropic work.
The Michelson Foundation has donated billions of dollars to medical research, education, and animal welfare. Some of the foundation’s most notable projects include:
- The Michelson Center for Convergent Bioscience at the University of Southern California, which is dedicated to advancing the understanding of human biology and disease.
- The Michelson Prize for Innovation in Cardiovascular Medicine, which is awarded annually to early-career researchers who have made significant contributions to the field of cardiovascular medicine.
- The Michelson Found Animals Foundation, which is dedicated to rescuing and rehoming animals in need.
Michelson is a strong advocate for using philanthropy to solve some of the world’s most pressing problems. He has said that he believes that “philanthropy is the only way to make a real difference in the world.”
In addition to his philanthropic work, Michelson is also a vocal critic of the pharmaceutical industry. He has accused drug companies of overcharging for their products and of engaging in unethical marketing practices. Michelson has also called for the government to take a more active role in regulating the pharmaceutical industry.
Gary Michelson is a self-made billionaire who has used his wealth to make a significant impact on the world. He is a tireless advocate for medical research, education, and animal welfare. His work has helped to improve the lives of millions of people around the world.
Here are some additional details about Gary Michelson’s net worth:
- His net worth is estimated to be $180 crores USD as of 2023.
- He made his fortune through a combination of medical inventions and successful business ventures.
- He is a philanthropist who has donated billions of dollars to medical research, education, and animal welfare.
- He is a vocal critic of the pharmaceutical industry.
- He is a controversial figure, but there is no doubt that he has made a significant impact on the world.