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Billionaire Profile
Jeffrey Michael & family
Global Rank
#3010

Image: U.S. Navy photo by Mass Communication Specialist 1st Class Brien Aho | Public domain | via Wikimedia Commons

Jeffrey Michael & family

CEO, Data management
UNITED STATES
Real-Time Net Worth
$1.247B
Estimated based on Data management stock value as of April 20, 2026
0% (24h)
Age
69
Source
Data management
Industry
Technology
Citizenship
UNITED STATES

Biography

Jeffrey Michael, born in 1955 or 1956, is a prominent figure in the technology industry, best known for co-founding CorVel Corporation in 1987. His primary wealth source is data management, and he has played a pivotal role in transforming CorVel into a leading provider of workers' compensation solutions. As of April 2022, his net worth was estimated at $1.1 billion USD. Michael resides in Minnetonka, Minnesota, with his family and has been recognized for his significant contributions to the workers' compensation industry.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Limited information is available about Jeffrey Michael's early years and childhood.

Rise to Success

Jeffrey Michael co-founded CorVel Corporation (originally FORTIS) in 1987, alongside Gordon Clemons and Jim Michael. The company began as a merger of three small vocational rehabilitation firms valued at approximately $2 million and employing over 200 associates. Under his leadership, CorVel has grown into a significant provider of workers' compensation solutions.

Key Business Strategies

Jeffrey Michael played a pivotal role in the growth and success of CorVel Corporation, transforming it into a leading provider in its field.

Philanthropy

Jeffrey Michael is known for his philanthropic efforts and has made significant contributions to various charitable organizations, although specific details of his philanthropic activities are not readily available.

Career Milestones

1987

Co-founded CorVel Corporation

Co-founded CorVel Corporation (originally named FORTIS) with Gordon Clemons and Jim Michael.

Philanthropy & Social Impact

Charity

Various Charitable Organizations

Unknown

Jeffrey Michael is known for his philanthropic efforts and has made significant contributions to various charitable organizations.

Business Philosophy & Leadership

Notable Quotes

"Information not available."

Leadership Principles

Information not available.

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Controversies & Challenges

Information not available.

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