Martin Shkreli Bio | Wiki
Martin Shkreli is a well-known American CEO, hedge fund manager, and fraud convict. He is the co-founder of Elea Capital, MSMB Capital Management, and MSMB Healthcare. He is also co-founder and former CEO of pharmaceutical firms Retrophin and Turing Pharmaceuticals, and the former CEO of Gödel Systems.
Shkreli was charged and convicted in federal court on two counts of securities fraud in 2017. One of the count conspiracies was activity unrelated to the Daraprim controversy. Due to this, he was sentenced to seven years in prison and up to $7.4 million in fines. Moreover, he was fined a further $64.6 million to be repaid to victims. However, he was released early from the low-security federal prison in Allenwood on May 18, 2022.
Martin Shkreli Age
He was born in Brooklyn, New York, in the United States on March 17, 1983. Shkreli is 40 years old and celebrates his birthday every year on March 17.
Martin Shkreli Height
He is a man of above-average stature. Shkreli stands at a height of 5 ft 10 in ( approx. 1.78m ).
Martin Shkreli Family | Family Members
He was born in Brooklyn, NY, in the USA to his Albanian immigrant parents. Shkreli holds an American nationality and grew up a Catholic. His parents moved to the United States and worked as janitors. He grew up with two sisters and a brother in a working-class community in Sheepshead Bay.
Martin Shkreli Parents | Parents Names
He was born in Brooklyn, NY, in the USA to his Albanian immigrant parents, Pashko and Katrina Shkreli. His parents moved to the United States and worked as janitors. His mother had refused to retire from janitorial work, despite Shkreli’s repeated urging. Pashko stated that his wedding to Katrina was arranged by family members.
Martin Shkreli Wife | Girlfriend | Christie Smythe
Shkreli was in a relationship with Christie Smythe in December 2020. Christine was a reporter for Bloomberg News who broke the news of Shkreli’s arrest in 2015. Christine stated that the two had broken up but remained friends in October 2021. Currently, he is possibly single.
Martin Shkreli Education
He studied at Hunter College High School, however, there are differing sources on whether Shkreli graduated from Hunter or whether he was expelled before his senior year. He earned his high school diploma through City-As-School High School. In 2004, he earned his bachelor’s degree in business administration from Baruch College.
Martin Shkreli Religion
Shkreli holds an American nationality and grew up a Catholic as his parents were Roman Catholic. He said his religion has been “a guiding post” for him, although he does not believe in God. Moreover, growing up, he attended Sunday school.
Martin Shkreli Wu Tang | Documentary
He expressed his love for hip-hop music beyond the Wu Tang Clan and has a passion for also collecting other rare items such as comic books and video games. He was the owner of “Once Upon a Time in Shaolin” after winning the highest bidder of $2 Million. It ended up with a collective called PleasrDAO that paid an intermediary $4 million.
Martin Shkreli Lil Wayne
He purchased the 31-track Wu-Tang Clan album Once Upon a Time in Shaolin at an auction in 2015 for around $2 million. He also bought Lil Wayne’s ‘Carter V’ through “A Legal Sale”. Shkreli was ordered to pay $388,000 in restitution in April 2018.
Martin Shkreli Release Date
Shkreli was released early from the low-security federal prison in Allenwood on May 18, 2022, and transferred to a Bureau of Prisons halfway house. Upon his release from the halfway house in September 2022, he lived with his sister in Queens and earned $2,500 per month as a consultant for a small law firm.
Martin Shkreli Insulin | Insulin Price
Shkreli and his compatriots jacked up the price of the medication, Daraprim which is an insulin from $17.50 to $750 per pill after obtaining exclusive rights to it in 2015. The antiparasitic medication is commonly used by AIDS patients and others with suppressed immune systems.
Martin Shkreli Now | 2023
Upon his release from the halfway house in September 2022, he lived with his sister in Queens and earned $2,500 per month as a consultant for a small law firm. He also received a lifetime ban from the pharmaceutical industry.
Martin Shkreli Pharma Bro | Daraprim | Drug
His firm pharmaceutical firm that is Turing Pharmaceuticals where he was CEO notoriously raised the price of the life-saving drug Daraprim. The antiparasitic medication commonly used by AIDS patients and others with suppressed immune systems was raised from $13.50 per pill to $750. Moreover, he was nicknamed “Pharma Bro” for his seemingly carefree attitude toward affordable medication.
Martin Shkreli Epipen
In August 2016, he joined himself in the debate over the skyrocketing price of life-saving allergy treatment. He stated that the manufacturer of the EpiPen doesn’t make much money and instead blames insurers for not covering the tab.
Martin Shkreli YouTube
He has a YouTube account @mrmartinshkreli8223. In his account, he has shared information on This week in Investing, Chemistry lesson, and Finance lessons. The channel has 55 videos with 25.7 thousand subscribers and over 1.1 million views.
Martin Shkreli Crypto
He launched a digital currency that saw its value plummet in August 2022. The (MSI) is a cryptocurrency token and operates on the Ethereum platform which plunged more than 90% as it sold more than 160 billion tokens.
Martin Shkreli Jail | Sentence
Shkreli was sentenced to seven years in prison and up to $7.4 million in fines. This was after he raised the price of a potentially life-saving drug by 5,000% thus defrauding investors in two hedge funds. Moreover, he served four years and was released from Pennsylvania’s Allenwood Low Federal Correctional Institution in May of 2022.
Martin Shkreli Net Worth | Net Worth 2023
Shkreli is a 40-year-old American CEO, hedge fund manager, and fraud convict. He is the co-founder of Elea Capital, MSMB Capital Management, and MSMB Healthcare. He has a net worth of $28 million, down from $90 million.
Martin Shkreli Net Worth 2023
As of August 10, 2023, he has an estimated net worth of at least $28 Million dollars. He owns about 1,765,168 shares of Travere Therapeutics Inc (TVTX) stock worth over $28 Million.
Martin Shkreli Net Worth 2021
He had a peak net worth of $90 Million when he worked at Turing Pharmaceuticals. After his fraud case, his net worth was reduced to $28 Million when he paid a $64.6 million civil penalty and a lifetime ban from the pharmaceutical industry
What Did Martin Shkreli Do | What Happened To Martin Shkreli
Shkreli was sentenced to seven years in prison and up to $7.4 million in fines. This was after he raised the price of a potentially life-saving drug by 5,000%.
Is Martin Shkreli Still Rich
He has a net worth of $28 million, down from $90 million. This was after he paid a $64.6 million civil penalty and a lifetime ban from the pharmaceutical industry.
How Did Martin Shkreli Make His Money
Shkreli founded Turing Pharmaceuticals in February 2015 which produced three drugs utrophin: An intranasal version of ketamine for depression, an intranasal version of oxytocin, and Vecamyl for hypertension. The drugs enabled him to earn a net worth of $90 Million.
Shkreli’s Social Media Account
Twitter – @wagieeacc