Age, Biography and Wiki

Michael Jaharis was born on 16 July, 1928 in Evanston, Illinois, US, is an A 20th-century American businesspeople. Discover Michael Jaharis'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 87 years old?

Popular As N/A
Occupation Lawyer, businessman
Age 87 years old
Zodiac Sign Cancer
Born 16 July, 1928
Birthday 16 July
Birthplace Evanston, Illinois, US
Date of death 17 February, 2016
Died Place New York City, US
Nationality United States

We recommend you to check the complete list of Famous People born on 16 July. He is a member of famous Founder with the age 87 years old group.

Michael Jaharis Height, Weight & Measurements

At 87 years old, Michael Jaharis height not available right now. We will update Michael Jaharis'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

Who Is Michael Jaharis's Wife?

His wife is Mary Jaharis

Family
Parents Not Available
Wife Mary Jaharis
Sibling Not Available
Children 2

Michael Jaharis Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Michael Jaharis worth at the age of 87 years old? Michael Jaharis’s income source is mostly from being a successful Founder. He is from United States. We have estimated Michael Jaharis'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

1928

Michael Jaharis (July 16, 1928 – February 17, 2016) was an American lawyer, businessman and philanthropist.

He was the founder of Kos Pharmaceuticals and Vatera Healthcare Partners LLC, and co-founder of Arisaph Pharmaceuticals.

Jaharis was born in Evanston, Illinois on July 16, 1928.

He graduated from Carroll University and received a J.D. from DePaul University College of Law.

1961

From 1961 to 1972, he worked for Miles Laboratories.

1972

In 1972, he became President and CEO of Key Pharmaceuticals, which was essentially an insolvent company known for cold and cough remedies.

Under his leadership, the company developed sustained-release Theo-Dur (theophylline), which became the nation's best-selling asthma Remedy at the time, and cardiovascular drug Nitro-Dur.

1986

Key Pharmaceuticals was sold to Schering-Plough Corporation in 1986.

In 1986, Jaharis and wife Mary Jaharis founded the Jaharis Family Foundation, Inc. In 2013, the Foundation pledged $2 million to help relieve hunger and poverty in Greece during the country's fiscal crisis.

1988

In 1988, he founded Kos Pharmaceuticals, Inc.

The company introduced the cholesterol-battling drug Niaspan, which raises HDL levels.

2006

Kos Pharmaceuticals was sold to Abbott Labs in 2006 for $4.2 billion.

2007

In 2007, Jaharis co-founded Vatera Healthcare Partners LLC, a New York City-based investment group focused on taking active positions in healthcare companies that develop products for medical needs in a range of therapeutic areas including chronic obstructive pulmonary disease (Pearl Therapeutics), cardio metabolic diseases and cancer (Arisaph Pharmaceuticals), antibiotic resistant bacterial infections (Melinta Therapeutics), and celiac disease (ImmusanT).

He has made charitable contributions to the DePaul University College of Law, Columbia University Medical Center, Carroll University, 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 was the founder of FAITH: An Endowment for Orthodoxy and Hellenism.

He also served 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 sat on the board of directors of the Onassis Public Benefit Foundation, and he was Vice Chairman of the Greek Orthodox Archdiocese of America.

2015

As of March 2015, he was the 847th richest person in the world, and the 297th richest in the United States, with an estimated wealth of US $2.2 billion.

2016

Jaharis died February 17, 2016, in his home in New York City with his family by his side.