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Billionaire Profile
Mark Hancock
Global Rank
#1853

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

Mark Hancock

CEO, Nursing facilities
UNITED STATES
Real-Time Net Worth
$2.284B
Estimated based on Nursing facilities stock value as of April 20, 2026
0% (24h)
Age
50
Source
Nursing facilities
Industry
Healthcare
Citizenship
UNITED STATES

Biography

Mark Hancock is the co-founder and Executive Vice Chairman of PACS Group, a publicly traded company operating skilled nursing facilities. His net worth is estimated at $2.4 billion as of March 2026. Hancock, 50 years old, co-founded PACS Group in 2013 with Jason Murray and took the company public in 2024. His career includes roles at Ford Motor Co., Steel Technologies LLC, and Farm Credit Mid-America ACA. Hancock holds degrees from Brigham Young University, including a Bachelor of Science in Engineering and an MBA. His achievements include being named a 2023 Mountain West Entrepreneur of the Year by Ernst & Young.

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

Wealth Over Time

In-Depth Profile

Early Life

Mark Hancock was born in 1976 and is 50 years old. He holds a Bachelor of Science in Engineering and an MBA from Brigham Young University. Before his career in the healthcare industry, Hancock worked for Fortune 500 companies in the auto and steel industries, and as treasurer for a financial services company.

Rise to Success

Hancock co-founded PACS Group with Jason Murray in 2013. They took the company public on the New York Stock Exchange in 2024. PACS Group started with two skilled nursing facilities and has since expanded to 323 facilities in 17 states. Hancock and Murray initially owned 50% of PACS Group before the IPO. Hancock currently owns nearly 35% of the company's shares.

Key Business Strategies

Key to Hancock's success has been the strategic expansion of PACS Group in the post-acute care market. PACS Group invests in various areas, including post-acute care professionals and ancillary services. In 2024, Hancock's private investment firm, PV3, acquired ENVE Composites, a Utah-based bicycle manufacturer.

Philanthropy

When not focused on the skilled nursing industry, Mark enjoys spending time with his family, volunteering for his church, and expanding humanitarian efforts through his family's charitable foundation.

Career Milestones

2000

Finance Manager

Worked at Ford Motor Co.

2007

Director-Corporate Finance

Worked at Steel Technologies LLC.

2010

Vice President-Finance & Treasurer

Worked at Farm Credit Mid-America ACA.

2013

Co-founded PACS Group

Co-founded PACS Group with Jason Murray.

2024

PACS Group IPO

Took PACS Group public on the New York Stock Exchange.

2023

Mountain West Entrepreneur of the Year

Named 2023 Mountain West Entrepreneur of the Year by Ernst & Young.

Philanthropy & Social Impact

Community Development

Humanitarian Efforts

Information not available.

Expanding humanitarian efforts through his family's charitable foundation.

Business Philosophy & Leadership

Notable Quotes

"Information not available."

Leadership Principles

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Controversies & Challenges

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