Alex Gorsky Net Worth $130 Million

What is Alex Gorsky’s net worth?

Alex Gorsky has a net worth of $130 million. Alex Gorsky was born on May 24, 1960, to Albert and Loretta Gorsky. From an early age, Alex was surrounded by excellence and discipline.

You see, his father, Albert, was not just a Major in the United States Army – an impressive feat in itself.

He also served as Vice President of Sales for Gerber Baby Food Company.

Albert was also an avid hunter and conservationist, passions that Alex seems to share to this day.

And his mother, Loretta, was incredibly busy maintaining the household while her husband worked to provide for Alex and his five siblings (two sisters and three brothers).

Despite how busy his household was, Alex has expressed that his family has always supported and cared for each other, acting as mentors and advocates for each other when they’ve struggled.

This close kinship in his early years has certainly been evident throughout his career and the culture of the companies he has led.

Education and Early Career

After graduating from high school in Sunnyvale, California (a city just south of San Jose – “the capital of Silicon Valley”), Alex Gorsky attended the United States Military Academy in West Point, NY.

There, he gained the quality of education and discipline you can only find at West Point and graduated with a Bachelor of Science degree.

He followed in his father’s footsteps and served in the United States Army for six years, finishing his career with the rank of Captain.

Alex’s military career was not the only way in which he modeled his life after his father.

In 1988, he began his business career in earnest at Johnson & Johnson, where he worked as a sales representative with Janssen Pharmaceuticals.

While he was building his career at Johnson & Johnson, Alex attended The Wharton School – one of the most prestigious business schools in the world – at the University of Pennsylvania, a private Ivy League college.

He earned his postgraduate degree in 1996: Executive Master of Business Administration.

Clearly, Alex Gorsky had ambition early in his career, and he knew how to achieve what he desired!

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Career – From Sales Rep To CEO

From his start as a sales representative at Johnson & Johnson, Alex worked his way up the corporate ladder, gradually increasing his responsibilities and income.

Although he started in sales, he continuously proved himself and advanced to work in marketing and eventually management positions.

In 2001, he was appointed to the position of president of Janssen Pharmaceuticals, and two years later, in 2003, he became the Company Group Chairman of Johnson & Johnson’s pharmaceutical business dealings in Africa, Europe, and the Middle East. (A Company Group Chairman is basically a fancy way of saying “the leader of a company’s board of directors,” who helps them focus on building a company’s strategy and maintaining meeting standards.)

Alex Gorsky did not keep this position long; he left Johnson & Johnson in 2004 for seemingly greener pastures at the Swiss pharmaceutical company Novartis International AG, one of the largest pharmaceutical companies in the world.

In an odd turn of events, where he had been the representative in Europe for Johnson & Johnson, he was the representative in North America for Novartis.

He left Novartis in 2008, returning to Johnson & Johnson as the company group chairman for Ethicon Inc., a subsidiary of Johnson & Johnson that mostly deals in surgical sutures and similar “medical devices” – an interesting departure from Alex’s usual dealings in pharmaceuticals themselves.

This led to him being named worldwide chairman of the Medical Devices & Diagnostics division at Johnson & Johnson in September 2009.

Less than two years later, he was named vice president of the company’s executive committee.

From this position, he finally achieved the position of Chief Executive Officer on April 26, 2012, and he became the chairman of the company on December 28, 2012.

In January 2022, Gorky became Executive Chairman of Johnson & Johnson. He handed over the reins to Joaquin Duato.

Wife

Unlike many high achievers, Alex Gorsky’s personal life has been relatively stable. Alex Gorsky married his wife Patricia in 1987 before he began working at Johnson & Johnson, and the two have been together throughout his career.

The two of them have a son, Nicholas, and the family stays mostly out of the public eye.

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Net Worth

So, how much is Alex Gorsky worth? Gorsky earned most of his wealth from working at Johnson & Johnson. In 2020, Gorky accrued $29.58 million in total pay and $26.74 million in 2021. Therefore, Alex Gorsky has an estimated net worth of $130 million.

Under Alex’s leadership, Johnson & Johnson has become recognized as one of the most diverse companies in America, with systems to reduce or eliminate racial and gender bias during the hiring process, as well as programs to support hiring military veterans (who have a notoriously difficult time finding work after returning to civilian life).

Like his father, Alex enjoys hunting and fishing and has expressed an interest in environmental issues.

And he couldn’t be in a better company in his industry, as Johnson & Johnson is one of the top three “greenest companies” in the United States.

If such a thing as “in his spare time” can be imagined, Alex also enjoys reading literature and staying physically fit, having previously competed in marathons and triathlons.

Perhaps most remarkably, he serves on the board of directors for IBM, the Congressional Medal of Honor, and the National Academy Foundation.

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