Patrick Soon-Shiong Net Worth and Current Wealth
Dr. Patrick Soon-Shiong's net worth is estimated to be in the range of several billion dollars based on public filings, stock holdings, and media reports tracking his investments. The figure fluctuates with the performance of his publicly traded stakes and private company valuations, but he remains one of the wealthiest individuals in the healthcare and media sectors. His wealth is primarily tied to his ownership stakes in NantHealth, NantWorks, and major equity positions in large public companies as reported by Forbes.
His assets include significant shareholdings in companies involved in cloud computing, artificial intelligence, healthcare technology, and media. The value of these holdings is marked to market daily on public exchanges, while private valuations of NantWorks portfolio companies are disclosed in periodic filings. Overall, his net worth reflects a combination of entrepreneurial success, strategic acquisitions, and long-term equity positions in high-growth industries.
Major Companies and Business Ventures
NantHealth, NantWorks, and the Broader Ecosystem
Dr. Soon-Shiong founded NantHealth, a cloud-based healthcare technology company focused on genomic-driven precision medicine and secure data sharing across clinical systems. NantWorks serves as the umbrella entity overseeing a network of companies in healthcare, artificial intelligence, advanced materials, and media, including investments in satellite data and defense technology via SEC filings.
The NantWorks ecosystem includes NantKwest, a company focused on natural killer cell therapies, and NantOmics, which provides genomic analysis tools for cancer treatment. These entities operate across multiple continents, with research and development centers in the United States, South Korea, and other regions. Dr. Soon-Shiong's leadership roles in these companies consolidate his influence over the direction and capital allocation of the group.
Investments in Media and Public Companies
Ownership Stakes in Tribune Publishing and the Los Angeles Times
Dr. Soon-Shiong acquired Tribune Publishing, the parent company of the Los Angeles Times, in 2018, making him the owner of one of the largest metropolitan newspapers in the United States. His investment in Tribune Publishing brought operational changes and digital transformation efforts aimed at modernizing legacy media infrastructure. The acquisition was structured as a private transaction, with subsequent updates to the company's financials and strategy reported in regular SEC filings through SEC EDGAR.
Beyond media, Dr. Soon-Shiong has held significant equity positions in major public companies, including a notable stake in Tesla and SpaceX-linked entities through various investment vehicles. His portfolio reflects a long-term approach to backing technology companies in electric vehicles, aerospace, and advanced manufacturing. These holdings contribute materially to his overall net worth and are tracked by financial data platforms and investor relations materials as documented on Forbes.