What is John Brown's Net Worth?
John Brown is an American billionaire businessman with a net worth of $7 billion. This impressive fortune ranks him among the richest people in Michigan.
Early Life and Education
John Brown graduated from Auburn University, setting the stage for his future success. Building on his education, he quickly climbed the corporate ladder, eventually making a lasting impact in the medical devices industry.
Career at Stryker Corporation
The Stryker Corporation, founded in 1941 by inventor Homer Stryker, became a household name in the medical devices sector. The company experienced a shift in leadership when Homer's son, Lee Stryker, who initially took over, tragically passed away in a plane crash.
John Brown took the reins as Chief Executive Officer in 1976. His tenure, which lasted thirty-two years, saw monumental growth and expansion. Under his leadership, Stryker Corporation went public in 1979, setting off a period of substantial financial growth.
Legacy and Leadership
In 2003, Brown stepped down as President but continued to serve as Chairman of the Board until 2005 before stepping into the role of Chairman Emeritus in 2009. Throughout his career, he played a critical role in establishing subsidiary manufacturing arms, helping to drive the company's revenues from the millions into the billions.
