Kiran Patel’s net worth is estimated to be around $250 million. He is a well-known businessman and philanthropist, making his mark in various industries. With a background in healthcare and technology, Kiran has built a successful career that reflects his dedication and hard work.
His financial success comes from multiple ventures, including investments and business ownerships. Kiran’s story highlights the importance of innovation and perseverance in achieving wealth. As he continues to grow his influence, many are curious about how he accumulated such impressive wealth and what it means for aspiring entrepreneurs.
Overview
Kiran Patel’s net worth varies based on different sources. Dr. Kiran C. Patel, a well-known cardiologist and business leader, has an estimated net worth of $250 million as of 2024. His wealth comes mainly from his work in healthcare, particularly through founding WellCare Health Plans, along with various real estate investments and interests in technology and education.
Another individual named Kiran Patel, linked to HealthEdge Investment Partners, is estimated to have a net worth of $250 million. He served as the Chairman and CEO of WellCare HMO from 1992 to 2002. This figure does not include any recent inflation adjustments.
Additionally, Kiran P Patel holds a director position at Hersha Hospitality Trust but specific financial details about him are less commonly known.
These varied estimates highlight the significance of each individual’s achievements within their respective fields while showcasing the impact they’ve made on the business and healthcare sectors.
Wiki Biography
| Attribute | Details |
|---|---|
| Full Name | Kiran C. Patel |
| Date of Birth | 1950 |
| Nationality | Indian-American |
| Occupation(s) | Cardiologist, Entrepreneur, Philanthropist |
| Years Active in Industry | 1980 – Present |
| Spouse(s) | Pallavi Patel |
| Children | Three |
| Education | Medical Degree from Gujarat University |
| Notable Works/Achievements | Founder of WellCare Health Plans, Major Philanthropic Contributions |
Kiran C. Patel is a well-known cardiologist and businessman. He has made significant contributions to healthcare through his company, WellCare Health Plans. His work in this field has helped many people get access to health services.
His estimated net worth varies across different sources. It ranges from $250 million to $600 million as of 2024. This vast wealth comes not only from his healthcare ventures but also from real estate and interests in education and technology.
Patel’s philanthropic efforts include donations aimed at improving health and education for various communities. His influence extends beyond business into meaningful contributions that help others thrive.
With a medical degree from Gujarat University, he began his career as a physician before transitioning into entrepreneurship. Throughout the years, he has built a legacy that combines medicine with business acumen, making him an influential figure in both sectors.
Early Life and Career Beginnings
Dr. Kiran C. Patel was born in 1950 in India. He is an Indian-American cardiologist, entrepreneur, and philanthropist. He earned his medical degree from Gujarat University. After completing his education, he moved to Tampa, Florida, where he began working as a cardiologist.
Dr. Patel’s professional career started in the 1980s. In this time, he entered various business sectors and became well-known for founding WellCare Health Plans. This company played a crucial role in building his wealth. From 1992 to 2002, he served as Chairman, majority owner, and CEO of WellCare HMO.
As of 2024, Dr. Kiran C. Patel’s estimated net worth reaches around $250 million after adjusting for inflation. His success comes mainly from his contributions to healthcare through WellCare Health Plans and investments in other areas like real estate and technology.
Family and Education
Dr. Kiran C. Patel is married to Pallavi Patel, and they have three children. He earned his medical degree from Gujarat University in India. Dr. Patel is a prominent cardiologist, entrepreneur, and philanthropist known for founding WellCare Health Plans.
Kiran M. Patel’s family and educational background are not widely available. He is linked to several companies, including INTUIT INC and KLA CORP.
Kiran P. Patel has no detailed information regarding his family or education but holds a directorship at Hersha Hospitality Trust.
Professional Career
Dr. Kiran Patel’s professional career spans several fields, primarily in healthcare and business. He started as a cardiologist in Tampa, Florida, where he became well-known for his expertise and patient care.
Dr. Patel founded WellCare Health Plans, which is a health maintenance organization (HMO). From 1992 to 2002, he served as the Chairman, majority owner, and Chief Executive Officer of WellCare HMO. Under his leadership, WellCare grew significantly and provided services to around 450,000 clients across Florida, Connecticut, and New York. The company employed about 1,200 people, contributing to local economies.
Currently, Dr. Patel holds key roles in various organizations. He is the president of Freedom Health, Inc., which he owns outright. Additionally, he serves as an advisory partner at HealthEdge Investment Partners and is the Chairman of Visionary Medical Systems.
Aside from his achievements in healthcare management, Dr. Patel has invested heavily in real estate and other businesses over the years. These ventures have played a significant role in building his substantial net worth.
Kiran Patel’s career reflects strong leadership skills in both medicine and business sectors while making valuable contributions to community health services through innovative healthcare solutions.
Net Worth and Income Streams
Dr. Kiran Patel’s net worth varies across different reports. Estimates suggest his wealth ranges from $250 million to $600 million as of 2024. The lower estimate reflects earlier figures, while the higher one considers inflation and ongoing business activities.
Income Sources
Dr. Patel has several key income sources:
- Healthcare Ventures: His main source of wealth comes from the healthcare field. He founded WellCare Health Plans, where he served as Chairman, majority owner, and CEO from 1992 to 2002. WellCare operates as a health maintenance organization (HMO) in many states, providing services to approximately 450,000 clients.
- Real Estate Investments: He invests heavily in real estate properties. These investments significantly contribute to his overall net worth.
Dr. Patel’s career combines both healthcare expertise and business management skills, making him a prominent figure in these industries.
Business Ventures and Investments
Dr. Kiran C. Patel is known for several successful business ventures and investments that contribute to his estimated net worth of approximately $600 million as of 2024.
Healthcare Industry
- Dr. Patel founded WellCare Health Plans, a health maintenance organization (HMO) based in Tampa, Florida. He served as the Chairman, majority owner, and CEO from 1992 to 2002.
- Under his leadership, WellCare grew significantly, serving around 450,000 clients across states like Florida, Connecticut, and New York.
- WellCare reported revenues over $1 billion, showing its impact on the healthcare sector.
Real Estate Investments
- Dr. Patel holds various real estate properties that serve as one of his primary income sources.
- His investments include residential and commercial properties in key markets across the country.
Diverse Investment Portfolio
- Dr. Patel invests in multiple sectors such as technology, education, and hospitality.
- These diversified investments help spread risk while providing potential for higher returns.
- Alongside business success, Dr. Patel is involved in philanthropy aimed at improving health services and education for communities.
Each of these ventures highlights Dr. Kiran C. Patel’s strong influence in both business and community welfare through strategic investments and leadership skills in healthcare management.
Age, Weight, and Height
Kiran Patel was born in 1950, making him 73 years old as of 2023. No information is available regarding his weight or height; sources do not provide these details.
Kiran Patel is a prominent figure in the healthcare industry, known for his role as the founder of WellCare Health Plans. He has made significant contributions to both business and health services throughout his career.
Spouse and Relationship
Dr. Kiran C. Patel is married to Priti Patel, a prominent figure in her own right. She has actively participated in various philanthropic efforts alongside her husband, focusing on healthcare and education initiatives that benefit many communities.
Kiran M. Patel’s personal life remains more private, with fewer public details available about his relationships or spouse.
Kiran Patel associated with HealthEdge Investment Partners does not have widely known information regarding marital status or family background.
- Dr. Kiran C. Patel is married to Priti Patel.
- They work together on philanthropy, emphasizing healthcare and education.
- Kiran M. Patel keeps his personal life private.
- Information about the other Kiran Patels’ relationships is limited.
These details highlight the importance of partnerships in both business and philanthropy for individuals named Kiran Patel, showing their commitment to making a positive impact through collaborative efforts.
Conclusion
Kiran C. Patel’s impressive net worth reflects his significant contributions to the healthcare sector and beyond. His journey from a cardiologist to a prominent businessman showcases the potential of combining medical expertise with entrepreneurial spirit. Through WellCare Health Plans and various investments, he has not only amassed wealth but also positively impacted countless lives.
The philanthropic efforts of both Kiran Patels illustrate their commitment to improving community health and education. Their diverse backgrounds and achievements inspire aspiring entrepreneurs looking to make their mark in business while giving back. The legacy they are building serves as a testament to the power of innovation and collaboration in achieving success across different fields.
Frequently Asked Questions
Who is Kiran C. Patel?
Dr. Kiran C. Patel is an Indian-American businessman and philanthropist known for his significant contributions to healthcare and business. He founded WellCare Health Plans, serving as its CEO from 1992 to 2002, and has a diverse investment portfolio spanning various sectors.
What is Kiran C. Patel’s estimated net worth?
As of 2024, Kiran C. Patel’s estimated net worth ranges between $250 million and $600 million. This wealth primarily stems from his successful ventures in healthcare, real estate investments, and interests in technology and education.
How did Kiran C. Patel amass his fortune?
Kiran C. Patel built his fortune largely through his work in healthcare as the founder of WellCare Health Plans and through various real estate investments across key markets in the U.S., alongside other business interests.
What philanthropic efforts is Kiran C. Patel involved in?
Kiran C. Patel focuses on improving health and education within communities through philanthropic initiatives, often collaborating with organizations to provide better healthcare solutions and educational opportunities.
Who is the other Kiran M. Patel mentioned in the article?
Kiran M. Patel is another prominent figure associated with HealthEdge Investment Partners, also estimated to have a net worth of around $250 million, but less information about him is publicly available compared to Dr. Kiran C. Patel.
What roles does Dr. Kiran C. Patel currently hold?
Currently, Dr. Kiran C. Patel serves as president of Freedom Health, Inc., advisory partner at HealthEdge Investment Partners, and Chairman of Visionary Medical Systems while maintaining an active role in various organizations across multiple sectors.
Where did Kiran C. Patel receive his education?
Dr. Kiran C. Patel earned his medical degree from Gujarat University in India before moving to Tampa, Florida, where he began practicing cardiology in the 1980s.
How has WellCare Health Plans impacted the healthcare sector?
Under Dr. Kiran C. Patel’s leadership from 1992 to 2002, WellCare grew significantly by providing services to approximately 450,000 clients across several states while generating revenues exceeding $1 billion annually.
Is there public information about Kiran P. Patel’s background?
Details about Kiran P. Patel’s family and educational background are limited; however, he holds a directorship at Hersha Hospitality Trust and has ties to several companies including INTUIT INC and KLA CORP.
What can aspiring entrepreneurs learn from Dr.KironC.Patel’s career?
Aspiring entrepreneurs can learn valuable lessons about combining medicine with business acumen by observing how Dr.KironC.Patel leveraged his expertise in cardiology along with strategic investments for substantial growth within the healthcare industry.
