The world’s richest doctor (worth R150bn) was born and raised in South Africa

(Click here for more articles on shapeshifters such as Patrick Soon-Shiong)

Patrick Soon-Shiong, the son of Chinese immigrants to South Africa, is the world’s richest doctor and the wealthiest resident of Los Angeles with a net worth of almost R150-billion.

Soon-Shiong was born on 29 July 1952 and grew up “coloured” in Port Elizabeth after his parents fled from China during World War Two.

He finished high school when he was 16 and received his medical degree from the University of the Witwatersrand at 23, finishing fourth out of 189 graduates.

He moved to Canada, then to the US, after doing an internship at the all-white Johannesburg General Hospital where he was paid half the salary of everyone else.

Fighting cancer, making money

Soon-Shiong became well-known during the 1980s for transplanting pancreas cells to treat diabetes.

He invented the world’s first protein nanoparticle delivery technology to treat breast cancer, doubling the response rate in patients.

He founded two drug companies, Abraxis and American Pharmaceutical Partners, which he sold for R112-billion.

He holds 50 US patents, including that of block buster pancreatic cancer drug Abraxane.

Revolutionising healthcare

Soon-Shiong founded Nantworks in 2001 to developed technology that can analyse genetic data from tumours in mere seconds.

Through Nantworks Soon-Shiong aims to realise his vision of future cancer treatments where all sorts of technologies such as diagnostics, networked supercomputers and personalised mixtures of cancer drugs converge to manage cancer and achieve a sustained, disease-free state.

Giving his billions away

Forbes ranks Soon-Shiong’s fortune among the 100 largest in the US.

Soon-Shiong, as a member of the Buffett/Gates Giving Pledge, plans to give away half of his sizeable fortune while he is still alive.

To date has given away hundreds of millions of dollars and funds numerous healthcare projects in the US.

(Click here for more articles on shapeshifters such as Patrick Soon-Shiong)

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
How to overcome the fear of failure (and other tips from a serial entrepreneur)

How to overcome the fear of failure (and other tips from a serial entrepreneur)

Nic Haralambous knows a thing or three about starting a small business with almost no money. He offers this advice…

Auschwitz concentration camp liberated on this day (27 January) in 1945

Auschwitz concentration camp liberated on this day (27 January) in 1945

The Red Army liberated Auschwitz - Nazi Germany’s largest concentration camp – on this day, 72 years ago.

Meet Phuti Mahanyele, Shanduka CEO and Forbes Africa’s Businesswoman of the Year

Meet Phuti Mahanyele, Shanduka CEO and Forbes Africa’s Businesswoman of the Year

Forbes named her “one of the 20 youngest power women in Africa”. Here’s the story of Dobsonville’s Phuti Mahanyele...

Meet Santie Botha, Curro Chair and one of Africa’s wealthiest businesswomen

Meet Santie Botha, Curro Chair and one of Africa’s wealthiest businesswomen

From potential tennis pro to Absa’s youngest ever board member; the inspiring tale one of the busiest people in South Africa.

How proudly South African Supa Strikas became the biggest comic book on Earth

How proudly South African Supa Strikas became the biggest comic book on Earth

X-Men, Superman, Spiderman… They all pale in comparison to world’s biggest monthly comic book, SA’s very own Supa Strikas.

The real Wolf of Wall Street: from sex orgies and drugs to an inspiring new life

The real Wolf of Wall Street: from sex orgies and drugs to an inspiring new life

Jordan Belfort, depicted by Leonardo DiCaprio in The Wolf of Wall Street, talks about his sordid past and inspirational new life.

Popular articles
Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

Kay Sexwale denies involvement in ANC 'War Room' saga

Kay Sexwale denies involvement in ANC 'War Room' saga

Sexwale says she advises the provincial not national ANC.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Bylaws, times you may use fireworks

Bylaws, times you may use fireworks

City of Johannesburg has urged residents to respect by-laws and the times set for fireworks to be used.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?