Age, Biography and Wiki
Birth Year | 1942 |
Birth Place | Phoenix, Arizona, United States |
Age | 81 YEARS OLD |
Residence | Phoenix, Arizona, US |
Alma mater | Institute of Chemical Technology, Mumbai SUNY Buffalo |
Known for | Founder, Akorn Pharmaceuticals Founder and chairman, Insys Therapeutics |
Spouse(s) | Editha Kapoor (deceased) |
Children | 4 |
Net worth: $1.8 Billion (2024)
John Kapoor, a prominent figure in the healthcare industry in the United States, is estimated to have a net worth of $1.8 billion in 2024. With his extensive contributions to the field, Kapoor has successfully garnered substantial wealth over the years. As a renowned figure in the healthcare sector, he has undoubtedly left a significant impact through his work and innovations, making him one of the most influential individuals in the industry.
Biography/Timeline
He began his career in 1972 at Invenex Pharmaceutical on Grand Island, NY. He worked his way up at LyphoMed.
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. The charges stem from allegations he participated in a scheme to bribe doctors to prescribe a fentanyl-based cancer pain drug, an addictive synthetic opioid. U.S. Attorney william Weinreb said the charges reflected authorities' commitment to combat the opioid epidemic. Kapoor is also alleged to have conspired to defraud health insurance providers. Shortly after the charges were announced, Kapoor resigned from the Board of Insys Therapeutics.