Phillip Ragon is an American entrepreneur and philanthropist with a net worth of $2.2 billion. He is the founder and sole owner of InterSystems, a software company, and is currently its CEO. He is widely known as "Terry" and has used his wealth to support various philanthropic causes.
Phillip Ragon is a member of Richest Billionaires
💰Phillip Ragon Net worth: $2.2 Billion
Phillip Ragon Net Worth: Phillip Ragon is an American entrepreneur and philanthropist who has a net worth of $2.2 billion. Most widely known as "Terry", Phillip Terrence Ragon is a founder and sole owner of InterSystems, as well as its current CEO. A 1971 graduate of MIT, Ragon set up InterSystems six years upon graduation and since has turned it into a private vendor of software systems and technology for high-performance database management, integration, rapidapplication development and healthcare information systems.
The biggest costumer of the company, which had $443 million in 2012 revenues, is Epic Systems, a leading vendor of digital health records software founded by Judy Faulkner (also a billionaire). Under Ragon guidance, InterSystems has evolved into a thriving company selling the guts of electronic health records: databases that can easily ramp up and allow doctors to quickly retrieve patient information. Along with his wife Susan, an executive at InterSystems, Ragon pledged $100 million over 10 years to establish the Ragon Institute of MGH (Massachusetts General Hospital), MIT and Harvard. It's an Institute that works on the development of an HIV vaccine.
