Martin Shkreli Net Worth: From Pharma Bro To...? [2024 Update]
Is it possible to bounce back from infamy? Martin Shkrelis financial saga is a rollercoaster of staggering heights and precipitous falls, and the question of his current net worth continues to captivate and confound. From a controversial figure known for a 5,000% price hike on an HIV drug to a convicted felon, the details of Shkreli's wealth are shrouded in mystery and conflicting reports.
The name Martin Shkreli is synonymous with controversy, particularly after he became notorious for increasing the price of Daraprim, a cancer drug, from $13 to $750 overnight. This move, coupled with his background as a former hedge fund manager, cemented his "pharma bro" persona in the public consciousness. While at his peak, Shkrelis net worth was estimated at a staggering $70 million, legal battles and subsequent financial penalties have significantly impacted his wealth. The true extent of his current financial standing is a topic of much debate, with estimates varying wildly.
| Full Name | Martin Shkreli |
|---|---|
| Birth Date | March 17, 1983 |
| Birth Place | Coney Island Hospital, Brooklyn, New York City |
| Nationality | Albanian-American |
| Education | Hunter College, Baruch College |
| Occupation | Former Hedge Fund Manager, Former Biotech Entrepreneur |
| Known For | Raising the price of Daraprim by 5,000%, Securities Fraud Conviction |
| Peak Net Worth | Estimated $70 Million |
| Estimated Net Worth (2024) | Varies, estimates range from $0 to $15 Million |
| Legal Issues | Convicted of securities fraud, banned from the pharmaceutical industry |
| Criminal Status | Convicted Felon |
| Current Status | Released from prison early in 2022, reportedly working as a consultant |
| Sources of Income | Hedge Fund Management, Pharmaceutical Industry, Consulting |
| Additional Information | Bloomberg Profile |
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