South African-born billionaire Patrick Soon-Shiong YTD gains surpasses $1 billion
Soon-Shiong’s 80 percent ImmunityBio stake powers billion-dollar resurgence.
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Soon-Shiong’s 80 percent ImmunityBio stake powers billion-dollar resurgence.
Patrick Soon-Shiong currently ranks as the 220th wealthiest individual on the global list of the world’s wealthiest individuals.
Despite this recent setback, Soon-Shiong still retains his status as one of Africa’s leading billionaires.
At the time of drafting this report, Soon-Shiong held the 257th position on the global list of the richest individuals.
Despite the recent financial setback, Soon-Shiong’s influence in the medical field and his entrepreneurial spirit remain undiminished.
Patrick Soon-Shiong’s net worth has experienced a significant upswing, rising from $8.68 billion on August 28 to an impressive $8.86 billion
Despite his recent decline in fortune, Patrick Soon-Shiong remains among the richest African billionaires.
South African-born billionaire Soon-Shiong is a force to be reckoned with in the global healthcare arena.
This upswing has propelled his fortune above the $9.3-billion mark, solidifying his position as one of Africa’s richest billionaires.
The decline in Soon-Shiong’s fortune can be attributed to the drop in the market value of his 80-percent stake in ImmunityBio.
Soon-Shiong’s present net worth is still lower than the $9.93 billion that he held on May 8.
Soon-Shiong’s net worth plunges by $1.1 billion due to the declining value of ImmunityBio shares.
Soon-Shiong’s net worth is still down by $287 million since the start of the year.
Soon-Shiong is best known for developing the cancer treatment Abraxane.
South Africa maintains its position as Africa’s largest wealth market and most industrialized economy.
Soon-Shiong owns a 76-percent stake in ImmunityBio, a late-stage immunotherapy company.