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Robert Duggan (venture capitalist)

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Robert Duggan
Born
Robert W. Duggan

1944 or 1945 (age 79–80)[1]
NationalityAmerican
EducationUniversity of California, Santa Barbara (dropped out)
University of California, Los Angeles (dropped out)
OccupationEntrepreneur
Known forWorld's richest Scientologist
TitleFormer CEO of Pharmacyclics
SpousePatricia "Trish" Duggan
Children8

Robert W. Duggan (born 1944/1945) is an American billionaire entrepreneur and investor. He is the former CEO of biopharmaceutical company Pharmacyclics[2] and was previously CEO of surgical systems maker Computer Motion from 1997 to 2003.[3]

Early life

Duggan attended, but did not graduate from, the University of California, Santa Barbara and University of California, Los Angeles.[4][1]

Career

Duggan received $3.5 billion from the sale of Pharmacyclics to AbbVie in "one of the biggest paydays ever from the buyout of a publicly held company."[5][6][7]

As CEO and chairman of Pharmacyclics from 2008 to 2015, Duggan had opted not to receive compensation from the company.[8] As of February 2017, he owned a 15.4% stake in the pharmaceutical company Pulse Biosciences Inc.[9]

Personal life

Duggan is married, with eight children, and lives in Clearwater, Florida.[1] He met his future wife, Patricia J. "Trish" Hagerty, when both were students at UCSB.[10]

Duggan and his wife are members of the Church of Scientology. Duggan has been referred to as the church's "largest financial supporter" by former Scientology executive Mark Rathbun.[11]

References

  1. ^ a b c d "Forbes profile: Robert Duggan". Forbes. Retrieved 14 October 2018.
  2. ^ Sean Williams (27 February 2013). "This Is One Incredible CEO". fool.com.
  3. ^ "The $3.55 billion Man". America's Markets.
  4. ^ George Thurlow (Summer 2015). "Everybody's a Genius". UC Santa Barbara Alumni Association.
  5. ^ Warren Cassell Jr. (28 December 2015). "How Robert Duggan Became a Billionaire". Investopedia. Retrieved 20 May 2016.
  6. ^ Antoine Gara. "Robert Duggan". Forbes.
  7. ^ "The Hiring Guru: Robert Duggan Billionaire". The Huffington Post.
  8. ^ Gary Strauss (March 24, 2015). "The $3.55 billion Man". USA Today. Retrieved May 29, 2015. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  9. ^ "BRIEF-Robert Duggan reports 15.4 pct stake in Pulse Biosciences". Reuters. 21 February 2017. Retrieved 25 February 2017.
  10. ^ "A perplexing tale about Bob Duggan, the richest Scientologist in the world « The Underground Bunker". tonyortega.org. Retrieved 25 March 2018.
  11. ^ Brendan Coffey (January 29, 2013). "Robert Duggan Scientology's biggest donor". SFGate.
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