Age, Biography and Wiki

Don Panoz was born on 13 February, 1935, is an American entrepreneur (1935–2018). Discover Don Panoz'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 83 years old?

Popular As N/A
Occupation N/A
Age 83 years old
Zodiac Sign Aquarius
Born 13 February, 1935
Birthday 13 February
Birthplace N/A
Date of death 11 September, 2018
Died Place N/A
Nationality

We recommend you to check the complete list of Famous People born on 13 February. He is a member of famous entrepreneur with the age 83 years old group.

Don Panoz Height, Weight & Measurements

At 83 years old, Don Panoz height not available right now. We will update Don Panoz'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
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Don Panoz Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Don Panoz worth at the age of 83 years old? Don Panoz’s income source is mostly from being a successful entrepreneur. He is from . We have estimated Don Panoz'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 entrepreneur

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Timeline

1900

His father, Eugene Panunzio, immigrated to the United States from Avezzano, Italy in the 1900s.

Eugene, who shortened his surname from the original Panunzio to Panoz, was a champion featherweight boxer.

Panoz attended Greenbrier Military School in Lewisburg, West Virginia, where he met Nancy, whom he would later marry.

The two served in Japan with the United States Army, then moved to Pittsburgh upon their return to the United States.

Panoz operated two drug stores in Pittsburgh while studying business at Duquesne University.

1935

Donald Panoz ( or ; February 13, 1935 – September 11, 2018) was an American entrepreneur who founded two pharmaceutical companies.

Panoz was an Italian-American.

1961

In 1961, Panoz and Milan Puskar formed Milan Pharmaceuticals (which would later be renamed Mylan) in White Sulphur Springs, West Virginia.

While head of this company, Panoz headed a research group that invented time-release medication through a transdermal patch, known most commonly in today's market for its nicotine application.

1969

Panoz left Mylan in 1969 when the company refused to develop the patch, and subsequently moved the family to Ireland where he formed Élan Corporation.

This company (now defunct) was an industry leader in drug delivery products and technology, and was the first Irish company to be publicly listed in the U.S. stock market.

1989

In 1989, Panoz funded an upstart company started by his son Dan, called Panoz Auto Development.

Reportedly, the senior Panoz was skeptical at first of his son's venture, but later used his position in the business world to bring celebrity motorsport figures such as Mario Andretti on board with the goal of entering a Panoz race car in the 24 Hours of Le Mans race.

1992

Don and Nancy Panoz founded Château Élan Winery & Resort in Braselton, Georgia, in 1992.

1997

Panoz Motorsports was formed in 1997 in Braselton and entered its brand new car, the Panoz Esperante GTR-1, at Le Mans.

The team was competitive, finishing ahead of all but two of the major factory teams in its class.

1999

In 1999, Panoz founded the American Le Mans Series with the aim of bringing European-style endurance sports car racing to the Americas.

Today, the holdings of Panoz family include the following:

Former holdings including:

Panoz and his wife Nancy were married for 63 years.

They had two sons, Danny and Chris, and four daughters, Dona, Dena, Lisa and Andrea.

2004

The Panozes sold a portion of their businesses to three partners in 2004.

2005

Similarly in Patterson, California, 35 miles east of San Jose, the Panozes developed Diablo Grande gated community and the Diablo Grande Winery and Resort, which was sold In 2005; and later they founded the St. Andrews Bay Resort and Spa in Scotland.

This venue has since been sold and is now managed by Fairmont Hotels and Resorts as the Fairmont St Andrews.

These venues feature golf course designs and collaborations from Bruce Devlin, Denis Griffiths, Jack Nicklaus, Gene Sarazen, and Sam Torrance.

He was also the co-Founder and chairman of a water pollution control firm, HydroMentia, and was the Chairman of the Board of Directors for the Norcross, GA based indoor LED display manufacturer, NanoLumens.

2013

Panoz gradually reduced his stakes in the company, and it was bought by Perrigo in 2013.

2018

At the time of Don's death in 2018 the couple still owned the resort, which has since grown to 3500 acre.

Panoz died on September 11, 2018, of pancreatic cancer.

He was 83.