John Kapoor: John Kapoor Net Worth, Biography, Age, Spouse, Children & More

About John Kapoor

Indian-born John Nath Kapoor, a pharmacy graduate from Mumbai's Institute of Chemical Technology and a PhD holder in medicinal chemistry from the University at Buffalo (1972), made headlines for his pharmaceutical career and subsequent legal battles. Kapoor, who launched his career at Invenex Pharmaceutical, later led LyphoMed through a public offering and a scandal over production standards. His move to Lake Forest, Illinois, marked a personal chapter where he founded a cancer-fighting charity in his family's name and faced controversy when the University at Buffalo removed his and his late wife's names from a building following his RICO conviction. Arrested in 2017, Kapoor was accused of a scheme involving the prescription of fentanyl through Insys Therapeutics, leading to a 5.5-year prison sentence, of which he served 2 years, being released in June 2023. His story caught Hollywood's attention, portrayed by Andy Garcia in "Pain Hustlers" (Netflix, October 2023).

Born

August 29, 1943 in Amritsar, India

Age

82 years

Source Of Wealth

Healthcare

Industries

Healthcare

Citizenship

United States

Residence

Phoenix, Arizona

Education

Bachelor of Arts/Science, Bombay University; Ph.D, SUNY Buffalo

Spouse

Editha Kapoor (deceased)

Children

John Nath Kapoor was born into a modest family in Amritsar, Punjab, India. He moved to Mumbai and graduated from the Institute of Chemical Technology with a degree in pharmacy. Kapoor then obtained a doctorate in medicinal chemistry from the University at Buffalo in 1972.

John Kapoor: Family

John Kapoor moved from India to Lake Forest, Illinois, and has four children. He established the John and Editha Kapoor Charitable Foundation to support the fight against cancer. Kapoor also donated to the University at Buffalo School of Pharmacy and Pharmaceutical Sciences, which named a building after him and his late wife.

John Kapoor: Career Highlights

John Kapoor started his career at Invenex Pharmaceutical in Grand Island, New York, in 1972. He worked his way up at LyphoMed, took the company public, and oversaw operations during a scandal involving lax production standards.

John Kapoor: Companies

John Kapoor was involved with the following companies: Invenex Pharmaceutical, LyphoMed, and Insys Therapeutics.

John Kapoor: Major Achievements

John Kapoor is credited with building LyphoMed into a successful pharmaceutical company. He also played a key role in the development of the fentanyl spray Subsys.

John Kapoor: Awards & Achievements

John Kapoor received numerous awards and recognitions for his contributions to the pharmaceutical industry. These include the Ernst & Young Entrepreneur of the Year Award in 1997 and the Horatio Alger Award in 2007.

John Kapoor: Personal Life & Legacy

John Kapoor was known for his philanthropy and support of various charitable causes. He also had a passion for collecting art and was an avid golfer. Kapoor's legacy is tarnished by his involvement in the Insys Therapeutics scandal and subsequent legal troubles.

John Kapoor: Trivia

John Kapoor was portrayed by Andy Garcia in the Netflix movie "Pain Hustlers," which was released in October 2023. The film tells the story of the rise and fall of Insys Therapeutics and the scandal surrounding the company.

Wealth History

Timeline

N/A

John Nath Kapoor was born in Amritsar, Punjab, India, into a modest family.

N/A

John Nath Kapoor moved to Mumbai and graduated from the Institute of Chemical Technology with a degree in pharmacy.

1972

John Nath Kapoor obtained a doctorate in medicinal chemistry from the University at Buffalo.

1972

John Nath Kapoor started his career at Invenex Pharmaceutical in Grand Island, New York.

N/A

John Nath Kapoor worked his way up at LyphoMed, took the company public, and oversaw operations during a scandal involving lax production standards.

N/A

John Nath Kapoor moved from India to Lake Forest, Illinois, and has four children.

N/A

John Nath Kapoor established the John and Editha Kapoor Charitable Foundation to support the fight against cancer.

N/A

John Nath Kapoor donated to the University at Buffalo School of Pharmacy and Pharmaceutical Sciences, which named a building after him and his late wife.

N/A

The University at Buffalo later removed his name from the building due to his RICO conviction.

October 2017

John Nath Kapoor was arrested in Arizona on charges of RICO conspiracy, conspiracy to commit wire fraud, and conspiracy to violate the Anti-Kickback Law.

N/A

John Nath Kapoor was accused of participating in a scheme to bribe doctors to prescribe fentanyl (Subsys) manufactured by his company, Insys Therapeutics.

N/A

John Nath Kapoor resigned from the Board of Insys Therapeutics after the charges were announced.

May 2019

John Nath Kapoor was convicted of engaging in a racketeering conspiracy to increase the profits of Subsys.

January 2020

John Nath Kapoor was sentenced to 5.5 years in prison, described as a "former billionaire".

N/A

John Nath Kapoor's convictions and sentence were affirmed on appeal.

N/A

John Nath Kapoor delayed the start of his prison sentence due to COVID-19.

N/A

John Nath Kapoor was incarcerated at Duluth FPC, a minimum-security federal prison camp.

June 2023

John Nath Kapoor was released after serving 2 years of his 5-1/2 year sentence.

October 2023

John Nath Kapoor was portrayed by Andy Garcia in the Netflix movie "Pain Hustlers" released in October 2023.

John Kapoor : FAQs

What is John Kapoor's net worth?

As of 2018, John Kapoor's net worth was $1.80 billion.

What are John Kapoor's main sources of wealth?

John Kapoor's main source of income comes from Healthcare.

In which industry does John Kapoor primarily operate?

John Kapoor is primarily involved in the Healthcare industry.

What is John Kapoor educational background?

John Kapoor holds a Bachelor of Arts/Science from Bombay University and a Ph.D from SUNY Buffalo.

How old is John Kapoor?

John Kapoor is 82 years old.

How many children does John Kapoor have?

John Kapoor has 4 children.

Who is John Nath Kapoor and what is his background?

John Nath Kapoor was born in Amritsar, Punjab, India, into a modest family. He moved to Mumbai where he graduated from the Institute of Chemical Technology with a degree in pharmacy. Kapoor later obtained a doctorate in medicinal chemistry from the University at Buffalo in 1972.

What were the key milestones in John Nath Kapoor's career?

John Nath Kapoor started his career at Invenex Pharmaceutical in 1972. He worked his way up at LyphoMed, took the company public, and managed it during a scandal involving lax production standards.

How has John Nath Kapoor contributed to his community and personal initiatives?

Kapoor moved to Lake Forest, Illinois, has four children, and established the John and Editha Kapoor Charitable Foundation to support cancer research. He has also donated to the University at Buffalo School of Pharmacy and Pharmaceutical Sciences, demonstrating his commitment to education and research in pharmaceutical sciences.

What led to John Nath Kapoor's legal issues and conviction?

John Nath Kapoor was arrested in 2017 on charges including RICO conspiracy and conspiracy to commit wire fraud, related to a scheme bribing doctors to prescribe Subsys, a fentanyl product by Insys Therapeutics. He was convicted of racketeering conspiracy in 2019, sentenced to 5.5 years in prison, and his conviction was affirmed on appeal.

What is the latest update on John Nath Kapoor's legal status and public portrayal?

John Nath Kapoor was released in June 2023 after serving 2 years of his sentence. His story gained further public attention when portrayed by Andy Garcia in the Netflix movie "Pain Hustlers," released in October 2023.