⬅ # 541 Mark Meijer|# 543 Stewart Resnick

# 542 Pat Stryker 

$5.79B

Real Time Net Worth
as of 4/23/2024
$87.3M (1.51%)

# 542 Pat Stryker 

$5.79B

Real Time Net Worth
as of 4/23/2024
$87.3M (1.51%)
OccupationPartial Owner, Stryker
Source of WealthMedical Equipment
Age68
ResidenceFort Collins, Colorado
Marital StatusDivorced
Children3
EducationDrop Out, University of Northern Colorado
Age-Adjusted Net Worth$3.37B
Pat Stryker
Pat Stryker
United States
Net worth: $5.79B

Self-Made Score 

Wealth History

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Biography

Early Life and Education

Patricia A. Stryker was born in Kalamazoo, Michigan, on April 6, 1956.
Enrolled at the University of Northern Colorado but did not complete her degree.
Experienced the loss of her father, Lee, in an airplane accident in Wyoming in 1976.
Relocated to Fort Collins, Colorado, in 1980, where she attended summer camp as a child.

Business Ventures

Founder of Bohemian Foundation, established in 2001, focusing on music, arts, and community.
Acquired Sonoma's Sommer Vineyards in 1999, later renamed Stryker Sonoma, and sold in May 2016.
Benefactor to Colorado State University with a $20 million donation in 2004, primarily benefiting its football team.

Philanthropy

Donated over $225 million to charity over her lifetime, primarily through Bohemian Foundation.
Contributed $10 million with her brother in 2016 to fund the nation's first memorial to victims of racial terror lynchings.
Offered to match Coloradoans' donations to hurricane relief up to $3 million in September 2017.

Political Activities

Donated $500,000 to the Coalition for Progress in 2006, supporting Democratic party candidates in Michigan.
Supported Barack Obama's Presidential Inaugural Committee with $87,500 in 2008.
Donated $1.5 million to Priorities USA Action, a Super PAC backing Hillary Clinton's presidential campaign in 2016.

Political Influence

Part of 'The Four Horsemen' in Colorado politics, known for supporting liberal causes and progressive initiatives.
Significant contributions from Stryker and allies played a role in electing a Democratic majority in Colorado's house and senate.
Represented at political meetings by Al Yates, former president of Colorado State University.

Professional Ventures

Granddaughter of Homer Stryker, founder of Stryker Corporation, a medical technology company.
Stryker Corporation, founded in 1941, specializes in orthopedic implants, surgical equipment, and neurotechnology.
In 2012, Stryker had approximately 22,000 global employees and annual sales of $8.7 billion, with 35% of sales outside the U.S.

How long would it take you to become as rich as Pat Stryker?

If you started with $10,000 and invested an additional $500 each month at a 43.95% CAGR, it would take you 5 years to reach Pat Stryker's net worth of $5.79B.

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 34.07% compared to 5.08% for the S&P 500 benchmark.

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

Pat Stryker 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 Pat Stryker, 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.

Edited by: Lee Bailey