Gary Michelson

Gary Michelson

$1.76 B

Ranked #2269 in World

About Gary Michelson

Gary K. Michelson, an American orthopedic surgeon, medical inventor, and billionaire philanthropist, has had a remarkable career in both the medical and philanthropic fields. Born on January 14, 1949, in Philadelphia, Michelson was raised by his mother and grandmother. He graduated from the Central High School of Philadelphia in 1966 and went on to attend Temple University and Hahnemann Medical College of Drexel University. After completing his medical residency in orthopedic surgery at Hahnemann Medical Hospital in 1979, he pursued fellowship training in spinal surgery at St. Luke's Medical Center.

Throughout his career, Michelson developed various medical innovations, including new implants, instruments, and procedures for spinal surgery, which became known as "Michelson Devices." He holds over 950 issued or pending patents worldwide and sold many spine-related patents to Medtronic for a staggering $1.35 billion in 2005. However, the sale followed a legal battle with Medtronic over patent origins, which resulted in Michelson being awarded financial damages for both lawsuits and establishing a major legal precedent in 2004.

In 1995, Michelson founded the Gary Karlin Michelson, M.D. Charitable Foundation, Inc., which later became the Michelson Medical Research Foundation. A notable initiative of the foundation is the Michelson Prize and Grants in Reproductive Biology, a $75 million project aiming to develop a safe and effective single-dose, non-surgical spay/neuter method for cats and dogs. Additionally, Michelson is passionate about animal welfare and launched the Michelson Found Animals Foundation in 2005, which operates the Found Animals Registry for pet microchipping.

Not limited to the medical and animal welfare realms, Michelson has made several significant contributions to other fields. In 2016, he co-authored the free textbook "The Intangible Advantage," and the following year, he launched the Michelson Prize to support young scientists conducting medically relevant research. He also established the Michelson Neglected Disease Initiative, which supports the Sabin Vaccine Institute in providing affordable treatments for tropical diseases.

Michelson's philanthropy extends beyond the realm of medicine and science. In 2011, he created the Michelson 20MM Foundation to make college more affordable by underwriting a library of free online textbooks. The foundation has also focused on closing the digital divide through various initiatives, such as the Spark Grants platform and the California Digital Divide Challenge.

Michelson's accomplishments have not gone unnoticed, as he has received numerous awards and honors throughout his career, including inductions into the National Inventors Hall of Fame and the National Academy of Inventors. He was recognized as one of "10 People with Big Ideas to Change the World" by Forbes magazine in 2015 and has received awards for his philanthropic efforts, such as the Visionary of the Year Award in Philanthropy from CSQ/C-Suite Quarterly Magazine in 2018.

Outside of his professional endeavors, Michelson leads a fulfilling personal life in Los Angeles with his wife, Alya, and their three children. His published works include academic books and selected articles covering topics such as medical revolution, free textbooks in higher education, and the importance of supporting the National Institutes of Health.

Overall, Gary K. Michelson's journey from being a skilled orthopedic surgeon to a renowned philanthropist showcases his dedication to improving the fields of medicine, animal welfare, education, and technology.

Born

January 14, 1949 in Philadelphia, Pennsylvania, US

Age

77 years

Source Of Wealth

Medical Patents

Industries

Healthcare

Citizenship

United States

Residence

Los Angeles, California

Education

Medical Doctor, Hahnemann Medical College; Bachelor of Arts/Science, Temple University

Spouse

Alya Michelson

Children

3

Gary K. Michelson was born on January 14, 1949, in Philadelphia, Pennsylvania. Raised by his mother and grandmother, he graduated from Central High School of Philadelphia in 1966. He then attended Temple University and Hahnemann Medical College of Drexel University, completing his medical residency in orthopedic surgery at Hahnemann Medical Hospital in 1979. Dr. Michelson further specialized with fellowship training in spinal surgery at St. Luke's Medical Center and practiced as a spinal surgeon for over 25 years.

Gary Michelson: Family

Gary K. Michelson currently resides in Los Angeles with his wife, Alya, and their three children.

Gary Michelson: Career Highlights

Dr. Michelson's career is marked by significant achievements in medical innovation, philanthropy, and advocacy. He is renowned for developing new implants, instruments, and procedures for spinal surgery, collectively known as "Michelson Devices." As the sole credited inventor on over 950 issued or pending patents worldwide, he holds a remarkable position in the field of medical technology.

Gary Michelson: Companies

Dr. Michelson's entrepreneurial spirit led him to establish several organizations that reflect his diverse interests and philanthropic endeavors. These include the Michelson Medical Research Foundation, Michelson Found Animals Foundation, Michelson Institute for Intellectual Property, Michelson 20MM Foundation, and Michelson Neglected Disease Initiative.

Gary Michelson: Major Achievements

Among Dr. Michelson's major achievements is the sale of many spine-related patents to Medtronic for $1.35 billion in 2005. This transaction was preceded by a legal battle with Medtronic over patent origins, resulting in financial damages awarded to Dr. Michelson by the jury. The legal defense established a significant legal precedent in 2004.

Gary Michelson: Awards & Achievements

Dr. Michelson's contributions have been widely recognized through numerous awards and honors. He was inducted into the National Inventors Hall of Fame in 2011 and the National Academy of Inventors in 2014. Other notable accolades include the Albert. B Sabin Humanitarian Award in 2015, the Distinguished Achievement Award from B'nai B'rith International in 2015, the Innovation Award for Technology from the Los Angeles County Medical Association in 2017, the Visionary of the Year Award in Philanthropy from CSQ / C-Suite Quarterly Magazine in 2018, and the Humanitarian Award Recipient at the 22nd Annual Inner City Law Center Awards in 2022.

Additionally, he received the IP Champion Award from the Intellectual Property Owners Education Foundation in 2022.

Gary Michelson: Personal Life & Legacy

Beyond his professional accomplishments, Dr. Michelson is known for his philanthropic efforts and advocacy for animal welfare, education, and medical research. He has been featured in Forbes magazine as one of "10 People with Big Ideas to Change the World" in December 2015. His legacy lies in his unwavering commitment to innovation, generosity, and making a positive impact on society.

Gary Michelson: Trivia

Dr. Michelson is a prolific author, contributing to academic books such as "The Intangible Advantage: Understanding Intellectual Property in the New Economy." He has also published numerous articles, including "America's Needed Medical Revolution," "Transform higher education - make textbooks free," "To vaccinate our economy, boost support for the NIH," "Microchipping your pets doesn't have to be expensive. Paying for registration is a scam.," "Accelerating the Pace of Innovation for the Greater Good," and "Let's help struggling students rather than benefiting textbook publishers."

Wealth History

Timeline

January 14, 1949

Gary K. Michelson is born in Philadelphia.

1966

Graduates from Central High School of Philadelphia.

1979

Completes medical residency in orthopedic surgery at Hahnemann Medical Hospital.

1995

Founds the Gary Karlin Michelson, M.D. Charitable Foundation, Inc.

2004

Legal defense establishes a major legal precedent.

2005

Sells many spine-related patents to Medtronic for $1.35 billion.

2005

Renames the Michelson Medical Research Foundation.

2005

Launches the Michelson Found Animals Foundation.

2008

Launches the Michelson Prize and Grants in Reproductive Biology.

2011

Inducted into the National Inventors Hall of Fame.

2011

Creates the Michelson 20MM Foundation.

2014

Inducted into the National Academy of Inventors.

2015

Receives the Albert. B Sabin Humanitarian Award.

2015

Receives the Distinguished Achievement Award from B'nai B'rith International.

December 2015

Featured in Forbes magazine as one of "10 People with Big Ideas to Change the World".

2016

Forms the Michelson Institute for Intellectual Property.

2016

Releases various intellectual property tools.

2017

Launches the Michelson Prize to support medically relevant research by scientists under 36.

2017

Receives the Innovation Award for Technology from the Los Angeles County Medical Association.

2018

Receives the Visionary of the Year Award in Philanthropy from CSQ / C-Suite Quarterly Magazine.

2019

Launches the Spark Grants platform to truncate the grant-funding process.

2020

Launches the Better Neighbor Project to support low-income and homeless pet owners.

2020

Partners with California for the California Digital Divide Challenge.

2021

The Michelson Found Animals Foundation is acquired by Pethealth Inc.

2022

Receives the Humanitarian Award Recipient, 22nd Annual Inner City Law Center Awards.

2022

Receives the IP Champion Award, Intellectual Property Owners Education Foundation.

Gary Michelson : FAQs

What is Gary Michelson's current net worth?

Gary Michelson's current net worth is $1.76 billion.

What is Gary Michelson's current global rank among billionaires?

Gary Michelson holds the 2269th position globally among billionaires.

What is Gary Michelson's current ranking within the United States?

Gary Michelson holds the 732nd position in United States.

What was the change in Gary Michelson's net worth compared to the previous year?

Gary Michelson's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 1.76 billion dollars.

What are Gary Michelson's main sources of wealth?

Gary Michelson's main source of income comes from Medical Patents.

In which industry does Gary Michelson primarily operate?

Gary Michelson is primarily involved in the Healthcare industry.

What is Gary Michelson educational background?

Gary Michelson holds a Medical Doctor from Hahnemann Medical College and a Bachelor of Arts/Science from Temple University.

How old is Gary Michelson?

Gary Michelson is 77 years old.

How many children does Gary Michelson have?

Gary Michelson has 1 children.

When and where was Gary K. Michelson born?

Born January 14, 1949, in Philadelphia.

What is the name of the medical research foundation founded by Gary K. Michelson?

The Gary Karlin Michelson, M.D. Charitable Foundation, Inc. (renamed the Michelson Medical Research Foundation in 2005).

What is the purpose of the Michelson Found Animals Foundation?

To promote animal welfare and provide resources such as the Found Animals Registry, surveys of pet owners, and grants for reproductive biology research.

Which initiative of the Michelson 20MM Foundation is focused on closing the digital divide?

The California Digital Divide Challenge.

What awards and honors has Gary K. Michelson received?

Inducted into the National Inventors Hall of Fame and the National Academy of Inventors, received the Albert B Sabin Humanitarian Award, Distinguished Achievement Award from B'nai B'rith International, Innovation Award for Technology from the Los Angeles County Medical Association, Visionary of the Year Award in Philanthropy from CSQ / C-Suite Quarterly Magazine, Humanitarian Award Recipient from the Inner City Law Center Awards, and IP Champion Award from the Intellectual Property Owners Education Foundation.
Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+