Michael Jaharis Net Worth is$2 Billion
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Nationality: United States of America
Date of Birth: 1928
Michael Jaharis Net Worth: Michael Jaharis is an American businessman who has a net worth of $2 billion. Best known as the founder of Kos Pharmaceuticals and Vatera Healthcare Partners, Michael Jaharis is also one of the co-founders of Arisaph Pharmaceuticals. Upon his graduation from Carroll University and DePaul University where he completed his PhD, Michael Jaharis started his professional career at Miles Laboratories, working from 1961 through 1972. Since 1972, he landed the position of CEO and President of Key Pharmaceuticals until its merger with Schering-Plough Corporation more than a decade later. In 1988, Jaharis decided to found Kos Pharmaceuticals, Inc, the company that introduced Niaspan, a cholesterol-fighting drug that was later sold to Abbott Labs for $4.2 billion. Furthermore, Michael Jaharis established himself as a great philanthropist who has made generous contributions to various organizations like Weill Cornell Medical College of Cornell University, the Art Institute of Chicago, the Metropolitan Museum of Art and the Metropolitan Opera, as well as the Tufts University School of Medicine and the Columbia University Medical Center.
Michael Jaharis is an American businessman. He is the founder of Kos Pharmaceuticals and Vatera Healthcare Partners, and co-founder of Arisaph Pharmaceuticals.
He graduated from Carroll University and received a J.D. from DePaul University College of Law.
From 1961 to 1972, he worked for Miles Laboratories. He served as President and CEO of Key Pharmaceuticals from 1972 until its merger with the Schering-Plough Corporation in 1986. In 1988, he founded Kos Pharmaceuticals, Inc. He created the cholesterol-battling drug Niaspan, and sold to Abbott Labs in 2006 for $4.2 billion.
He has made charitable contributions to the DePaul University College of Law, Columbia University Medical Center, the Weill Cornell Medical College of Cornell University, the Tufts University School of Medicine, the Metropolitan Museum of Art, the Art Institute of Chicago, and the Metropolitan Opera. He is the founder of Faith: An Endowment for Orthodoxy and Hellenism. He also serves as Trustee Emeritus of Tufts University and Chairman of the Board of Overseers for the School of Medicine of Tufts University; member of the Columbia University Medical Center Board of Visitors; member of the Board of Overseers of the Weill Cornell Medical College and Graduate School of Medical Sciences. He sits on the Board of Directors of the Onassis Public Benefit Foundation, and he is Vice Chairman of the Greek Orthodox Archdiocese of America.
As of September 2011, he is the 651th richest person in the world, and the 227th richest in the United States, with an estimated wealth of US$1.9 billion. He lives in New York City.

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Michael Jaharis Latest News


A proxy statement discloses that Schering-Plough would receive options to buy out both Frost, 49, and Michael Jaharis, 57, who is Key's chief executive officer, at $17 a share. At that price, Frost, a ...
Posted: January 1, 2001, 3:59 am

Heavenly Bodies: Fashion and the Catholic Imagination

Evans, Mary and Michael Jaharis Curator of Byzantine Art; and Melanie Holcomb, Curator. The interdisciplinary architecture and design firm Diller Scofidio + Renfro (DS+R) created the exhibition design ...
Posted: May 4, 2018, 5:00 pm

Kathryn Jaharis, Richard C. Ledes

Please send reports of such problems to archive_feedback@nytimes.com. Kathryn Marie Jaharis, the daughter of Mr. and Mrs. Michael Jaharis of South Norwalk, Conn., and Miami, is to be married today to ...
Posted: January 1, 2001, 3:59 am
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