Patrick Soon-Shiong, the son of Chinese immigrants to South Africa, is the world's richest doctor and the wealthiest resident of Los Angeles with a net worth of almost R150bn. A 702 report says Soon-Shiong was born on 29 July 1952 and grew up "coloured" in Port Elizabeth after his parents fled from China during World War Two. He finished high school when he was 16 and received his medical degree from the University of the Witwatersrand at 23, finishing fourth out of 189 graduates. He moved to Canada, then to the US, after doing an internship at the all-white Johannesburg General Hospital where he was paid half the salary of everyone else.
Soon-Shiong became well-known during the 1980s for transplanting pancreas cells to treat diabetes. He invented the world’s first protein nanoparticle delivery technology to treat breast cancer, doubling the response rate in patients. Also, the report says, he founded two drug companies, Abraxis and American Pharmaceutical Partners, which he sold for R112bn and he holds 50 US patents, including that of block buster pancreatic cancer drug Abraxane.
Soon-Shiong founded Nantworks in 2001 to developed technology that can analyse genetic data from tumours in mere seconds and through this company, he aims to realise his vision of future cancer treatments where all sorts of technologies such as diagnostics, networked supercomputers and personalised mixtures of cancer drugs converge to manage cancer and achieve a sustained, disease-free state.
[link url="http://702.co.za/articles/2114/the-world-s-richest-doctor-worth-r150bn-was-born-and-raised-in-south-africa?utm_content=buffer38faa&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer&fb_ref=Default&fb_source=message"]Full 702 report[/link]