H

e was greeted like a star philanthropist.

The world’s richest doctor had just made a $12 million gift to the University of Utah. Members of the university community were urged to come thank him. And so, a crowd gathered.

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  • Rebecca, I find your article a bit biased. Almost half of the 36 articles you wrote in 2017 were targeting Soon Shiong. Forbes’s 2014 article is a bit more balanced. https://www.forbes.com/sites/matthewherper/2014/09/10/medicines-manhattan-project-can-the-worlds-richest-doctor-fix-health-care/#58b1299f3ac3

    I don’t know the guy, but reading his coverages before your article (the Forbes investigative reporter followed him for 10 months), I’d like to point out a few things.

    1. For someone with $10B and close to retirement age, he could have gone play golf like Soros, Koch, rather than launching startups to cure cancer and get scrutinized by the media. I give him credit for that, let’s all hope he succeeds, I may have cancer.

    2. This guy is a self-made man. He is the only minority amongst the top 150 billionaires in America and he overcame a lot of adversities. He made his money from saving people’s lives, not from trading assets or building a social network.

    3. U. of Utah know full well that part of the donation will be used for his product, they still decided to take the donation. When I went to Cal, Sun donated a lot of money, but all the computers in the labs were Sun boxes. I don’t know why we are making a big deal out of it. He didn’t book that as revenue. As for the self-dealing, everyone on the billionaire list does that one form or the other, including our President. Larry Ellison & NetSuite is another example.

    I think the guy has good intention, he truly believes that our current way of finding cure is broken and he wants to solve it. And he is the type that will do whatever it takes to force others to try his way. I don’t think he is out there to make a quick buck. Even if his startups become worthless, it’s rounding error for him. If you read Forbe’s article, there were a lot of naysayers in his life (his previous company was shorted 100%), he made it.

    As a bystander, there is no upside for me by demonizing Soon Shiong as a greedy doc. What if he succeeds, even if it is a moonshot? I like his vision and audacity to change status quo.

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