Jeffrey Michael & family

In the financial realm, Jeffrey Michael, born around 1955 or 1956, is a notable figure for co-founding CorVel Corporation, initially FORTIS, in 1987 alongside Gordon Clemons and Jim Michael. Originating as a merger of three smaller vocational rehabilitation firms valued at approximately $2 million and staffed by over 200 associates, CorVel has grown significantly. As of 2022, Michael's ownership stake in the company, held through Corstar Holdings, Inc., accounts for 38% of CorVel. Residing in Minnetonka, Minnesota, with his family of four children, Michael's financial achievements have culminated in a net worth estimated by Forbes in April 2022 at $1.1 billion USD, marking him as a formidable presence in the business world.