Phillip T. (Terry) Ragon

$3B
$20.5M (-0.7%)
as of 04/01/25

About Phillip T. (Terry) Ragon

Phillip Ragon, known as Terry, founded InterSystems, a software company that enables hospitals and banks to analyze big data, in 1978.

Ragon retains full ownership of the company, which generates around $1 billion in annual sales.

Ragon and his wife, Susan, joined the Giving Pledge in 2017.

After a trip to South Africa in 2009 where Terry and Susan saw the ravages of AIDS, they established the Ragon Institute to pursue an HIV vaccine.

The couple announced a $200 million gift to endow the Ragon Institute of Massachusetts General Hospital, MIT and Harvard in 2019.

Personal stats

Citizenship

United States of America

Source of wealth

Health IT

Residence

Boston, Massachusetts

Marital status

Married

Birth date

06/01/49 (age 75)

Education

Bachelor of Arts/Science, Massachusetts Institute of Technology

Self-made

self-made

Phillip T. (Terry) Ragon’s fortune is worth

50K

troy ounces of gold

46K

median U.S. household

30K

median U.S. income

0.06%

U.S. credit card volume

0.012%

GDP of the United States

0.009%

United States debt

Net worth history

Annual ranking

Did you know?

Ragon spent his high school senior year in Bogota, Colombia and has donated over half a million dollars since 2013 to a religious school there.

Net worth over time

Real-time ranking

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