Age, Biography and Wiki

Leonard Abramson was born on 1932 in United States, is an American businessman. Discover Leonard Abramson's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 92 years old?

Popular As N/A
Occupation businessman philanthropist
Age 92 years old
Zodiac Sign
Born 1932
Birthday 1932
Birthplace N/A
Nationality United States

We recommend you to check the complete list of Famous People born on 1932. He is a member of famous founder with the age 92 years old group.

Leonard Abramson Height, Weight & Measurements

At 92 years old, Leonard Abramson height not available right now. We will update Leonard Abramson's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
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Who Is Leonard Abramson's Wife?

His wife is Madlyn Abramson

Family
Parents Not Available
Wife Madlyn Abramson
Sibling Not Available
Children Not Available

Leonard Abramson Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Leonard Abramson worth at the age of 92 years old? Leonard Abramson’s income source is mostly from being a successful founder. He is from United States. We have estimated Leonard Abramson's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income founder

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Timeline

1932

Leonard Abramson (born in 1932, Pennsylvania) is a philanthropist and the founder and former CEO of U.S. Healthcare.

Born in Pennsylvania, and raised in the Strawberry Mansion neighborhood of Philadelphia.

Abramson attended the Philadelphia College of Pharmacy and Science, driving a taxi for cash to cover his expenses.

After graduating, he worked as a salesman for pharmaceutical company Parke-Davis.

He then worked as a retail pharmacist for six years and then took a job with R.H. Medical Inc., a small hospital-management company then headquartered in Cheltenham, Pennsylvania, where he served as vice president for corporate development.

1957

Abramson married Madlyn Abramson in August 1957, they have three children.

The Madlyn and Leonard Abramson Center for Jewish Life in North Wales, PA is named in honor of the couple.

1973

Relying upon federal funding available through the HMO act of 1973, and the employer's obligation to offer HMO to employees, he left R.H. Medical and with the aid of $3 million in federal loans, he founded a non-profit HMO, HMO of Pennsylvania. In 1981, he abandoned the company's nonprofit status and in 1983, he took the parent company, renamed U.S. Healthcare Inc., public.

1975

Abramson headed U.S. Healthcare from 1975 until 1996, when he sold it to Aetna for $8.3 billion.

1990

In 1990, Abramson published a book, Healing Our Health Care System, attacking what he perceived to be the problems of the American health care system, which he called "nothing less than a national disgrace."

In the late 1990s, Abramson sued Inside Edition for invading his privacy when the news show covertly videotaped him and his family at their Jupiter, Florida, home, as part of an exposé on the lifestyles of wealthy HMO executives.

During August 2022, Abramson sold his 7,509-square-foot home at the waterfront of Jupiter's Admirals Cover for a reported $7 million.

Madlyn Abramson was a cancer survivor, and the gave donation summing up to $140 million to build the Abramson Cancer Research Institute at the University of Pennsylvania Cancer Center.

Additional contributions were given to fund the Leonard and Madlyn Abramson Pediatric Research Center in the Children’s Hospital of Philadelphia, professorships and chairs in the University of Pennsylvania and in Johns Hopkins' medical schools, and to the Foundation for Defense of Democracies.

1996

He then served on Aetna's board of directors from 1996 to 2000.