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Osman Kibar, the Turkish American magnate, and founder of Biosplice, is an innovator in biotechnology with a reported $2.9 billion net worth as of November 2020. With roots in İzmir, Kibar is a graduate of Pomona College and Caltech and holds advanced degrees in biophotonics from UC San Diego. His career includes the launch of Genoptix, acquired by Novartis for $476 million, and the creation of Biosplice, focusing on disease treatments. A family man and thrifty spender, Kibar balances business with hobbies like playing go and poker.
April 01, 1971
55 years
Biotech
Healthcare
United States
La Jolla, California
Bachelor of Arts/Science, California Institute of Technology; Bachelor of Arts/Science, Pomona College; Master of Science, University of California, San Diego; Ph.D, University of California, San Diego
Osman Kibar, a Turkish American billionaire and founder of the biotechnology firm Biosplice, was born in 1971 in İzmir, Turkey. He is the grandson of Osman Kibar, who served as the mayor of İzmir from 1964 to 1973. Kibar attended İzmir Gazipaşa Primary School and Robert College before enrolling in a 3-2 program at Pomona College (economics) and Caltech (electrical engineering). He later pursued a master's degree and doctorate in biophotonics at UC San Diego.
Osman Kibar: Family
Osman Kibar is married and has four children. Despite his immense wealth, he is known for his frugal spending habits and enjoys free activities such as reading, playing go, and going to the movies. Interestingly, Kibar is also a skilled poker player and won his first tournament in 2006.
Osman Kibar: Career Highlights
While completing his doctorate, Kibar invented a groundbreaking cancer diagnosis system. This invention led to the establishment of Genoptix, a company that went public and was eventually acquired by Novartis in 2011 for an impressive $476 million. After this successful venture, Kibar worked for the hedge fund sponsor Pequot Capital in New York City.
In 2011, Kibar founded Wintherix (later renamed Samumed and Biosplice) in San Diego with a $3.5 million investment from Cevdet Samikoğlu. The company, which has attracted investments from prominent figures like Ali Sabancı and Ergun Özen, focuses on researching cures for various diseases and conditions.
Osman Kibar: Companies
Osman Kibar has been involved with several notable companies throughout his career. He founded Genoptix, a successful biotechnology company acquired by Novartis. Kibar also worked for Pequot Capital, a hedge fund sponsor based in New York City. His most significant venture, however, is Biosplice (formerly known as Wintherix and Samumed), a San Diego-based company dedicated to researching cures for various diseases.
Osman Kibar: Major Achievements
Kibar's major achievements include inventing a cancer diagnosis system, founding Genoptix and Biosplice, and successfully leading these companies.
His contributions to the field of biotechnology have been significant, and he continues to drive innovation in the industry.
Osman Kibar: Awards & Achievements
Osman Kibar has received numerous awards and accolades for his contributions to science and business. He was ranked eighth on Forbes Turkey's 2017 list of 100 richest Turks, a testament to his remarkable success.
Osman Kibar: Personal Life & Legacy
Kibar is known for his humble and frugal lifestyle despite his immense wealth. He enjoys spending time with his family and engaging in simple pleasures like reading, playing go, and going to the movies. Kibar's legacy lies in his groundbreaking work in biotechnology and his commitment to finding cures for various diseases.
Osman Kibar: Trivia
Osman Kibar is a skilled poker player and won his first tournament in 2006. He is also an avid reader and enjoys playing go, a strategic board game.
Osman Kibar is born in İzmir, Turkey.
Osman Kibar's grandfather serves as mayor of İzmir.
Osman Kibar attends İzmir Gazipaşa Primary School and Robert College.
Osman Kibar completes a 3-2 program at Pomona College (economics) and Caltech (electrical engineering).
Osman Kibar earns a master's degree and doctorate in biophotonics at UC San Diego.
While completing his doctorate, Osman Kibar invents a cancer diagnosis system.
Osman Kibar founds Genoptix, which later goes public and is acquired by Novartis in 2011 for $476 million.
Osman Kibar works for hedge fund sponsor Pequot Capital in New York City.
Osman Kibar establishes Wintherix (later renamed Samumed and Biosplice) in San Diego with a $3.5 million investment from Cevdet Samikoğlu.
Ali Sabancı and Ergun Özen join as investors in Osman Kibar's company.
Osman Kibar's company focuses on researching cures for various diseases and conditions.
Osman Kibar gets married and has four children.
Despite his wealth, Osman Kibar lives frugally and enjoys free activities such as reading, playing go, and going to the movies.
Osman Kibar enters and wins his first poker tournament.
Osman Kibar's net worth is estimated at $2.9 billion.
Osman Kibar ranks eighth on Forbes Turkey's list of 100 richest Turks.
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Who is Osman Kibar, the founder of biotechnology firm Biosplice?
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