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Grizzly Bulls’ Billionaires Index

⬅ # 345 Wang Laichun|# 347 Jeff Greene ➡

# 346 John Brown 

$8.30B

Real Time Net Worth
as of 11/18/2024
-$14.3M (-0.17%)

# 346 John Brown 

$8.30B

Real Time Net Worth
as of 11/18/2024
-$14.3M (-0.17%)
OccupationPartial Owner, Stryker
Source of WealthMedical Equipment
Age90
ResidenceAtlanta, Georgia
Marital StatusMarried
Children2
EducationBS in Engineering, Auburn University
Age-Adjusted Net Worth$1.09B
John Brown
John Brown
United States
Net worth: $8.30B

Self-Made Score 

Breitling Superocean Heritage II Chronograph Automatic Blue Dial Men's Watch

Wealth History

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Biography

Overview

John Brown served as president, CEO, and chairman of the board across a 32-year career with Stryker.
Brown took the helm of Stryker upon the death of its CEO, leading the company into phenomenal growth.
Under Brown's leadership, Stryker's revenues surged from $17 million to $6.7 billion.
He oversaw the IPO of Stryker in 1979, contributing to its expansion and financial success.
Brown's leadership expanded Stryker's product lines and implemented an effective decentralized management structure.

Career

From 1977 to 2003, John Brown served as president of Stryker.
He held the position of CEO from 1977 to 2004 and was a director from 1977 to 2009.
Brown was chairman of the board from 1981 to 2009, playing a pivotal role in guiding Stryker's strategic decisions.
In January 2010, he became chairman emeritus, marking the culmination of his impactful career at Stryker.

Stryker Corporation

Overview
Stryker Corporation is a multinational medical technologies corporation based in Kalamazoo, Michigan, specializing in various medical devices and equipment.

Product Segments
Orthopedics: Primarily implants for joint replacements and trauma surgeries.
Medical and Surgical (MedSurg): Includes surgical equipment, navigation systems, endoscopic systems, patient handling, and emergency medical equipment.
Neurotechnology and Spine: Portfolio comprises neurosurgical, neurovascular, spinal devices, orthobiologic products, and minimally invasive treatments for strokes.

History
Founded in 1941 as the Orthopedic Frame Company by Dr. Homer Stryker, the company evolved into Stryker Corporation in 1964. It went public in 1979, experiencing significant growth and expansion under John Brown's leadership.

Board Memberships and Investments

Brown owns slightly over 5% of Stryker Corporation, demonstrating his continued vested interest in the company's success.
He served on the board of St. Jude Medical until its acquisition by Abbott Labs in January 2017, showcasing his involvement in the medical industry beyond Stryker.

John Brown's Wealth is Equivalent to:

6,392,610 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,571,239 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

84,869 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as John Brown?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach John Brown's net worth of $8.30B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

John Brown is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For John Brown, Medical Equipment is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey