The Legendary Billionaire Wayne Rothbaum Net Worth (2024) (2024)

  • byHalle Bailey
  • January 14, 2024

The Legendary Billionaire Wayne Rothbaum Net Worth (2024) (2)

Table of Contents

Wayne Rothbaum net worth, as of 2024, is $2.9 billion. His career was first described in the book published in 2023, “For Blood and Money: Billionaires, Biotech and the Quest for a Blockbuster Drug”.

Wayne Rothbaum is well known for insightful investments and successful ventures in various business sectors. He is the president of Quogue Capital, which focuses on investing and supporting small to midcap life sciences companies.

He also holds important posts in different farms as the executive chair of two cancer drug firms, Kartos Pharma and Telios Pharma and board member and largest shareholder of biotech firm Iovance.

Wayne Rothbaum’s Net Worth Summary

Once an investment banker, Wayne Rothbaum made a huge impact in the business world. He founded the Quogue Capital LLC, a life science investment fund in 2001. He also has been working as president there since.

SL#YearRevenue
120242.9 billion
22023216 million
320221.22 million
420181 million

Who is Wayne Rothbaum?

In the biotechnology world, Wayne Rothbaum is known as a billionaire legend but interestingly, he is a ghost in the online world. Because he maintains a low profile on social media.

In 1964, he was born in New York and grew up in New Jersey. He graduated in business administration from Bucknell University. He started his career on Wall Street and then with different firms like Company, Oppenheimer and Lehman Brothers. His hard work paid off as he became managing director in just a few years.

Wayne Rothbaum Wiki and Biography

Wyane is known as an under-the-radar specialized trader of biotechnology stocks. Still, he is a mystery to many as he has less information online and even has no photograph. You can say he is more like a ghost. Here is some information about this business legend

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NameWayne Rothbaum
Age59
Categoryhealthcare
Year of birth1964
Wealth sourceInvestor
Net worth$2.9 billion
ResidenceDelray Beach, Florida
CitizenshipUnited States
Marital statusMarried
Children3
EducationGeorge Washington UniversityState University of New York at BinghamtonBucknell University

Wayne Rothbaum Family

Though Wayne does not maintain any social media, there are some interesting and less known facts about this entrepreneur.

He is a family man who balances his professional and personal life properly. He spends lots of quality time with his family whenever he can. He loves to eat, especially gourmet cuisine.

Wayne loves to travel a lot professionally and personally. Exploring new destinations and discovering new cultures are his passion.

Wayne Rothbaum Wife

Though he has a successful career, he is not active in social media. He didn’t talk much about his wife or children. So, his wife’s name is not disclosed on the internet.

Wayne Rothbaum’s Educational Background

Wayne is a well-educated person. He has completed his Master of Arts from George Washington University. He got his Bachelor of Arts/Science from the State University of New York at Binghamton. He also completed Business Administration at Bucknell University.

Wayne Rothbaum’s Passion for Sports and Philanthropy

We all know Wayne as a great businessman but he has a deep passion for sports. As a result, he has invested in various sports teams and has a huge personal collection of jerseys, baseballs, vintage sports equipment and the list goes on.

Interestingly, Wayne is a dedicated philanthropist. He has donated lots to educational institutes, medical research institutes, and different development projects. He also supports veterans’ organizations and serves the families of veterans who have sacrificed their lives.

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A Strong Supporter of Women in Business

Wayne Rothbaum is committed to encouraging gender equality and diversity in business possibilities. He is actively involved in investing in female-led businesses and startups. The goal of his efforts is to close the gap between men and women, as well as make a more inclusive space for individuals with diverse skills.

He takes part in conferences and other events that focus on female leadership as well as entrepreneurialism. He aims to be an influencer, fostering an environment where women are able to achieve their goals and change the world of business significantly.

Wayne Rothbaum’s Success Story

He founded Quogue Capital in 2003 and since then, this private investment firm has been earning a fortune. It managed 1 billion assets and huge success. By this time, Wayne had also invested in different other industries like technology, healthcare and real estate.

Recently, Wayne has also ruled in the sports world as he purchased Major League baseball’s Miami Marlins for over 1 billion dollars by his investor group. He is also leading the bids to purchase different professional sports teams including the NBA’s Houston Rockets.

As a shrewd investor, Wayne understands investing very clearly. He supports young entrepreneurs with talents and guides them with full mentorship to reach their goals. He knows when and where to invest, especially in markets and technologies.

  • He served as the co-founder and largest investor of Acerta Pharma. Wayne also led the biotechnology practice at the Carson group.
  • He cofounded Kartos Pharma in 2016 and Telios Pharma in 2019 and now he is chair of executive of these two cancer drug firms.
  • Wayne restructured the biotech firm Iovance, and he is the largest shareholder and board member of this firm.
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Wayne Rothbaum’s House

Rothbaum is the owner of Quogue Capital. It is a luxurious NY-based venture capital firm.

FAQ’s

Who is Wayne Rothbaum?

Wayne Rothbaum is a private equity investor and businessman. However, He is a co-founded and was the Executive Chairman of Acerta Pharma, a private life sciences company he later sold to AstraZeneca.

What is Wayne Rothbaum Net Worth?

Wayne Rothbaum is a co-founded and was the Executive Chairman of Acerta Pharmanet who has worth of $2.9 billion.

What is Wayne Rothbaum Age?

Born 1964, Delray Beach, Florida, USA

Conclusion

This is all about the business legend, Wayne Rothbaum. If you want to know more about other celebrities then do let us know. We will try to gather as much information as possible.

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The Legendary Billionaire Wayne Rothbaum Net Worth (2024) (2024)

FAQs

Which legendary billionaire biotech investor has remained a mystery until now? ›

Forbes' Post. In an exclusive excerpt from For Blood And Money, the untold story of Wayne Rothbaum and the worst trade of his life. But what cost him some $700 million turned out to be the boon for countless cancer patients.

Who is Wayne Rothbaum? ›

Wayne Rothbaum, who founded investment firm Quogue Capital in 2001, became a wildly successful biotech investor, deploying only his own funds. In 2012, Rothbaum cofounded and became the largest investor in cancer drug developer Acerta Pharma, whose drug Calquence was approved to treat forms of lymphoma and leukemia.

Who is the CEO of Quogue Capital? ›

Wayne Rothbaum is president of Quogue Capital, a single-family office private equity fund focused on investing and supporting small to midcap life sciences companies.

Do biotech companies make money? ›

As most biotechs have insignificant revenue or income, dividends are exceptionally rare in biotech. In contrast, dividends can comprise a significant part of the expected return from a pharmaceutical stock.

Who is the most successful investor of all time? ›

Warren Buffett is widely considered the greatest investor in the world. Born in 1930 in Omaha, Nebraska, Buffett began investing at a young age and became the chairman and CEO of Berkshire Hathaway, one of the world's largest and most successful investment firms.

What billionaires got rich off of stocks? ›

Certain billionaires made their fortunes in the stock market. The list includes John Paulson, Warren Buffett, James Simons, Ray Dalio, Carl Icahn, and Dan Loeb. Buffett is by far the richest person of these six famous investors, with a net worth of $116 billion.

What is the history of Acerta Pharma? ›

Acerta Pharma began operations in 2013 with the vision of combining cutting edge science, unique covalent technology, and an experienced dedicated team in order to deliver novel targeted small molecule therapies for patients with cancer.

Who is the CEO of Iova? ›

Dr. Frederick G. Vogt has been the Interim Chief Executive Officer and President, General Counsel of the company since June 2021. Prior tot his, he has worked at Morgan, Lewis & Bockius, and GlaxoSmithKline where he has held various leadership roles.

Who is the CEO of Kartos Therapeutics? ›

Overview. Jesse McGreivy is the CEO of Kartos Therapeutics. He attended University of California, Berkeley.

Who is the mayor of Quogue NY? ›

The State of the Village of Quogue Address, with Mayor Robert Treuhold, will be held on Saturday, May 25th at 10am.

Who is the richest man in biotechnology? ›

  • Dilip Shanghvi. Dilip Shanghvi. $9.2 billion. ...
  • Hansjörg Wyss. Hansjörg Wyss. $8.7 billion. ...
  • Dr. Patrick Soon-Shiong. Dr. ...
  • Dietmar Hopp. Dietmar Hopp. $6.5 billion. ...
  • Dr. Phillip Frost. Dr. ...
  • Randal "RJ" Kirk. Randal "RJ" Kirk. $2.4 billion. ...
  • Peter Thiel. Peter Thiel. $1.6 billion. ...
  • Robert Duggan. Robert Duggan. $1.2 billion.
Apr 4, 2013

How much is a phase 3 drug worth? ›

A Phase 3 molecule is worth $1.1B and it costs $154M to get to that point. Unless you can generate high-quality hits or leads very quickly and cheaply, you're better off taking drugs to the clinic yourselves rather than partnering too early.

How to value a drug? ›

By multiplying the drug's estimated free cash flow by the stage-appropriate probability of success, you get a forecast of free cash flows that accounts for development risk. The next step is to discount the drug's expected 10-year free cash flows to determine what they are worth today.

What biotech company did Jeff Bezos buy? ›

In 2021, Bezos reportedly invested in the California-based aging research biotech startup Altos Labs. This biotech company focuses on cellular rejuvenation with the activation of four genes called Yamanaka factors that have been found to revert aged cells to a more youthful state.

Who is the famous billionaire who became famous for value investing? ›

Warren Edward Buffett (/ˈbʌfɪt/ BUF-it; born August 30, 1930) is an American businessman, investor, and philanthropist who currently serves as the co-founder, chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world.

Who is the legendary investor? ›

Warren Buffett is often considered the world's best investor of modern times. Buffett started investing at a young age, and was influenced by Benjamin Graham's value investing philosophy.

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