Jeffrey Michael

Last updated

Jeffrey Michael
Born
Jeffrey Michael

1955/1956(age 66)
Known forFounding investor and chairman of CorVel Corporation
Spouse(s)married
Children4

Jeffrey Michael (born 1955/1956) is an billionaire who was a founding investor of healthcare technology company CorVel Corporation.

In 1987, Michael joined with Gordon Clemons and Jim Michael and founded CorVel Corporation (originally named FORTIS), [1] a consolidation of three small vocational rehabilitation firms then valued at $2 million with over 200 associates. [2] As of 2022, he owns 38% of CorVal through an investment vehicle, Corstar Holdings, Inc. [3]

Michael is married with 4 children and lives in Minnetonka, Minnesota. [3]

Forbes lists his net worth as of April 2022 at $1.1 billion USD. [3]

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References

  1. "Irvine's Fortis Announces It Is Changing Its Name to CorVel". Los Angeles Times. July 24, 1992. Retrieved January 29, 2020.
  2. "CorVel — About Us". www.corvel.com. Archived from the original on 8 August 2011. Retrieved 23 April 2017.
  3. 1 2 3 "Jeffrey Michael & family". Forbes - The World's Billionaires . Retrieved 19 August 2022.