Billionaire Profile
Gary Michelson
Global Rank
#2257

Image: Bandshee | CC BY-SA 4.0 | via Wikimedia Commons

Gary Michelson

CEO, Medical patents
UNITED STATES
Real-Time Net Worth
$1.764B
Estimated based on Medical patents stock value as of March 6, 2026
0% (24h)
Age
77
Source
Medical patents
Industry
healthcare
Citizenship
UNITED STATES

Biography

Gary Michelson, born January 14, 1949, is a retired orthopedic and spinal surgeon and medical inventor. His estimated net worth is $2.7 billion. The source of his wealth is medical patents related to orthopedic surgery. Michelson holds over 950 patents worldwide. His career involved over 25 years as a spinal surgeon. He is also a philanthropist, involved in various initiatives in education, animal welfare, and medical research. Michelson signed the Giving Pledge in 2016.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Gary K. Michelson was born in Philadelphia, Pennsylvania, on January 14, 1949. He was raised by his mother and grandmother. His grandmother's struggles with syringomyelia, a spinal deformity, inspired his interest in spinal ailments.

Medical Career and Inventions

Michelson graduated from Central High School of Philadelphia in 1966. He attended Temple University and Hahnemann Medical College of Drexel University. He completed his medical residency in orthopedic surgery at Hahnemann Medical Hospital in 1979. He then specialized in spinal surgery at St. Luke's Medical Center. He practiced as a spinal surgeon for over 25 years. Seeing the low success rates in spinal surgery, Michelson developed new implants, instruments, and procedures. He holds over 950 patents worldwide for the treatment of spinal disorders. In 2005, he sold some of his patents to Medtronic for $1.35 billion.

Philanthropy

Michelson is involved in various philanthropic efforts. He founded the Michelson Medical Research Foundation, Michelson Found Animals Foundation, Michelson Institute for Intellectual Property, Michelson 20MM Foundation, and Michelson Neglected Disease Initiative. In 2008, the Michelson Found Animals Foundation launched the Michelson Prize and Grants in Reproductive Biology, a $75 million initiative. In 2016, he signed the Giving Pledge.

Career Milestones

1979

Completed Residency

Completed medical residency in orthopedic surgery at Hahnemann Medical Hospital.

2001

Retired from Private Practice

Retired from private practice to focus on philanthropy.

2005

Sold Patents to Medtronic

Sold patents to Medtronic for $1.35 billion.

2011

Inducted into the National Inventors Hall of Fame

Recognized for his contributions to medical innovation.

Philanthropy & Social Impact

Animal Welfare

Michelson Found Animals Foundation

Undisclosed

Focuses on animal welfare, including efforts to end euthanasia of healthy pets.

Animal Welfare

Michelson Prize and Grants in Reproductive Biology

$75M

Initiative to create a safe and effective single-dose, non-surgical spay/neuter method for cats and dogs.

Education

Michelson 20MM Foundation

Undisclosed

Focuses on education, including initiatives to provide free access to textbooks.

Medical Research

UCLA David Geffen School of Medicine

$120M

Committed to the development of the California Center for Immunology and Immunotherapy.

Business Philosophy & Leadership

Notable Quotes

"Inventors are constantly finding out what's wrong with the world and saying, 'I wanna go fix that.'"

"I had violent parents; it was just like warfare. The only warm, living thing there that wasn't dangerous was my boxer, Chase. He was probably what kept me sane – the only thing you could touch where you didn't have to worry about them turning around and hitting you.”"

Leadership Principles

Innovation

Driven by a desire to solve problems and improve patient outcomes through new inventions and procedures.

Philanthropy

Dedicated to giving back to society through various philanthropic initiatives in medical research, animal welfare, and education.