LeaderPortfolio
family
Jeffrey Michael & family
Rank #2950
UNITED STATESTechnologyData management

Jeffrey Michael & family

Net Worth
$1.277B
+0.11% (24h)
Jeffrey Michael, born in 1955 or 1956, is a prominent figure in the technology industry, best known for co-founding CorVel Corporation in 1987. His primary wealth source is data management, and he has played a pivotal role in transforming CorVel into a leading provider of workers' compensation solutions. As of April 2022, his net worth was estimated at $1.1 billion USD. Michael resides in Minnetonka, Minnesota, with his family and has been recognized for his significant contributions to the workers' compensation industry.

The Full Dossier

Early Life

Limited information is available about Jeffrey Michael's early years and childhood.

Rise to Success

Jeffrey Michael co-founded CorVel Corporation (originally FORTIS) in 1987, alongside Gordon Clemons and Jim Michael. The company began as a merger of three small vocational rehabilitation firms valued at approximately $2 million and employing over 200 associates. Under his leadership, CorVel has grown into a significant provider of workers' compensation solutions.

Key Business Strategies

Jeffrey Michael played a pivotal role in the growth and success of CorVel Corporation, transforming it into a leading provider in its field.

Philanthropy

Jeffrey Michael is known for his philanthropic efforts and has made significant contributions to various charitable organizations, although specific details of his philanthropic activities are not readily available.

Career Timeline

1987

Co-founded CorVel Corporation

Co-founded CorVel Corporation (originally named FORTIS) with Gordon Clemons and Jim Michael.

Philanthropic Impact

CharityUnknown

Various Charitable Organizations

Jeffrey Michael is known for his philanthropic efforts and has made significant contributions to various charitable organizations.

Wealth Trajectory