Arthur Levinson Net Worth, Biography, Business, Wife and Kids

admin July 21, 2020
Updated 2020/07/21 at 4:21 PM
Arthur Levinson Net Worth

Arthur Levinson Net Worth   $700 million

Popular Name:Arthur Levinson
Real Name:Arthur D. Levinson
Birth Date:31 March 1950
Birth Place:Seattle, Washington, United States
Marital Status:Married
Rita May Liff
Profession:Businessman, Entrepreneur, Molecular Biologist
Years active:N/A
Net Worth:$700 Million
Last Updated:2022

Arthur Levinson is an American businessman, entrepreneur, and molecular biologist. He is the Chief Executive Officer of Calico (an Alphabet Inc. venture) and has been the Chairman of Apple Inc. since 2011. He is known for his works in the medical field especially for developing treating methods for various forms of cancer. After earning his doctorate degree from the Princeton University, Levinson worked with Nobel recipients, Harold Varmus and J. Michael Bishop to develop cancer-treating drugs. He eventually joined ‘Genentech’ where his cancer-research witnessed major developments. In due time he became the Chief Executive Officer of Genetech and led the firm to become one of the top companies in selected pharmaceutical markets.

A Biotech Hall of Fame inductee, Arthur Levinson has authored and co-authored more than 80 scientific articles and is an honorary inventor on 11 United States patents. Two years after stepping down as Chief Executive Officer of Genentech in 2009, he became Chairman of Apple Inc. where he now serves on the board of directors. He has served on the boards of a good number of science and technology companies, and continues to serve many others. Arthur Levinson net worth runs into many millions. He is one of the wealthiest scientists out there and his works speak for him. Heis credited for developing Herceptin, a known breast cancer drug.

Arthur Levinson’s Early Life

Levinson was born to a Jewish couple Sol and Malvina Levinson on 31 March 1950, in Seattle, Washington, United States. He was deeply inspired by Carl Sagan’s book “Intelligent Life in the Universe” while growing up. Proceeding to the University of Washington, Levinson studied genetics and biochemistry and graduated with a bachelor of science degree in molecular biology in 1972 before attending Princeton University where he completed his Ph.D. in biochemistry in 1977.

Arthur Levinson net worth
Arthur Levinson

Arthur Levinson’s Career

Levinson seems to be a very effective man when it comes to his professional career. He is perceived to be a businessman who also happens to be a scientist. His leadership skills are evident in all he does as he has held a good number of leadership positions in several firms throughout the course of his successful career. He is the current chairman of Apple Inc. He acted as chief executive officer of Genentech for a good period of fourteen years. He was named Vice President of Research in 1990, became Senior Vice President in 1992, and was elected Senior Vice President of Development of Genentech in 1993.

Awards & Achievements

Over the past few decades, Levinson has received several awards for his works and contributions. He has received awards from the National Breast Cancer Coalition, Biotechnology Heritage Award from the BIO, and the Irvington Institute. He was inducted into the Biotech Hall of Fame in 2003, and has been named “Best Manager of the Year” twice by the Business Week magazine. The Barron’s Newspaper published by Dow Jones once named him one of the World’s Most Respected CEOs. He has earned accolades for authoring more than 85 scientific articles which are being used in my spheres of science and technology.

Personal Life

The 69-year old chairman has had a wonderful career so far and doesn’t look like he’s about to slow down anytime soon. Although he is a popular figure, he makes sure his family and private life stays away from the media. He got married to his beloved wife Rita May Liff in December 1978 and they’ve been together since then with two children inbetween them.

Despite being married for over 40 years, Levinson who is 165cm tall and weighs 76kg is often seen in events with his wife, and this may signify a solid support system.

Arthur Levinson Net Worth

All records on ground shows that Arthur Levinson is a man who has been winning in his line of profession. He has amassed a pretty impressive wealth and stands among the richest people in the United States. Arthur has been serving as a board member of Apple since the year 2000. In 2001 he was promoted to the role of board Chairman, a role he still holds as of today. His salary for this position is around $557,000 per year, which accumulates to make up a proportion of Arthur Levinson net worth. Over the last twenty years, the hardworking entrepreneur has been rewarded with over 1.15 million shares of Apple. At recent share prices, his share should worth anything from $300 million to $400 million. As of this publication, the chairman is the 196th largest shareholder in Apple.

Although Levinson is now chairman of Apple, majority of his astounding work was still in the field of biotechnology. His work in this industry was highly significant to the development of a breast cancer management drug called Herceptin. Though the drug is an approved treatment for early-onset breast cancer, it is also used on patients with metastatic breast cancer. The drug was a noticeable development in the fight against breast cancer, and Arthur Levinson was one of those that made it happen. He has served on the board of directors of Amyris Biotechnologies, F. Hoffmann-La Roche, the Broad Institute, and NGM Biopharmaceuticals. He also serves on several philanthropic boards, including the California Institute for Quantitative Biomedical Research, the Advisory Council for the Lewis-Sigler Institute for Integrative Genomics, the Advisory Council for the Princeton University Department of Molecular Biology, and the Scientific Consultants of the Memorial Sloan-Kettering Cancer Center.

His professional life and works aside, this businessman and scientist is definitely living a comfortable life thanks to all the salaries he has earned over the years of his successful career. Arthur Levinson net worth is currently $700 million

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