Rishi Shah Net Worth

He is now the CEO of the healthcare media firm, which is valued at $5.6 billion and of which he owns 80%.
Rishi Shah is a member of Technology

Age, Biography and Wiki

Who is it? Cofounder and CEO, Outcome Health
Birth Year 1986
Birth Place Chicago, Illinois, United States
Age 37 YEARS OLD
Education Northwestern University (dropped out)
Title Chairman, Outcome Health
Parent(s) Upendra Shah Sonal Shah

💰 Net worth: $3.6 Billion (2024)

Rishi Shah, the well-known co-founder and CEO of Outcome Health, is projected to have an impressive net worth of $3.6 billion by 2024. As a business leader based in the United States, Rishi Shah has made significant contributions to the healthcare industry through his company. Outcome Health aims to improve patient outcomes by providing educational content and tools for healthcare providers. With his entrepreneurial skills and innovative ideas, Rishi Shah has successfully led the growth and success of his company, positioning him as one of the wealthiest individuals in the business world.

Some Rishi Shah images

Biography/Timeline

1986

Rishi Shah was born in 1986 in Oak Brook, Illinois, the son of Dr Upendra Shah, an endocrinologist and his wife Sonal Shah. He was educated at Hinsdale Central High School and Northwestern University, but dropped out to start a Business career.

2006

Shah developed a Business plan for ContextMedia at Northwestern with classmates Derek Moeller and Shradha Agarwal in 2006 to distribute health educational content to doctors' offices and waiting rooms monetized by ad revenue from pharmaceutical companies. ContextMedia grew revenues 2,965% from 2010 to 2015 to $63.5 million with Shah as CEO, ranking it as the 6th fastest-growing private company in Chicago in 2016. In 2017, ContextMedia rebranded itself as Outcome Health.

2017

Investors in Outcome Health sued the company, Shah, and Agarwal in November 2017, claiming fraud and breach of contract. This followed a Wall Street Journal investigation published in October 2017 alleging that Outcome Health misled advertisers with manipulated information. In January 2018, Outcome Health announced that the lawsuit has been settled, with the founders reinvesting $159 million of their $225 million investment dividends back into the company. Shah resigned as CEO as part of the settlement but remains chairman of the board.