Entrepreneur came from nothing. Grew up in Portland, Oregon during Depression; sold magazines, lemonade for change. Studied physics at UCLA. Founded aerospace companies Spectrolab in 1956 and Heliotek 4 years later; both sold to Textron (now owned by General Motors). Continued to invest in biomed firms. Helped fund MiniMed (insulin pumps), Advanced Bionics (cochlear implants), Pacesetter Systems (rechargeable pacemakers). Sold MiniMed to Medtronic for $3.7 billion in 2001. Recently reacquired Advanced Bionics after selling to Boston Scientific 2004; massive legal squabble finally over. Has invested $566 million in MannKind, a company developing inhaled insulin. Also has stakes in Stellar Microelectronics and Bioness. Donated $100 million to USC 1998, another $100 million to Purdue U. last year. Continues to search for universities to endow that will allow him to have control over how funds are used.more » « less
U.S. Campaign Contributions since 1990 - learn more
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Outside Spending Groups
This data is compiled using OpenSecrets bulk data downloads. LittleSis analysts match federal campaign contributions given by individuals in our database using the donation matching tool.
Individual profile pages show giving information for the individual profiled; org pages show an aggregate analysis of giving information for individuals with positions or memberships at those orgs. Note that this information may differ substantially from data found at InfluenceExplorer or OpenSecrets, because it only includes donations for individuals in our database who have been donor-matched by an analyst.