From the Editor
- Wayne Rothbaum, who founded investment firm Quogue Capital in 2001, became a wildly successful biotech investor, deploying only his own funds.
- In 2012, Rothbaum cofounded and became the largest investor in cancer drug developer Acerta Pharma, whose drug Calquence was approved to treat forms of lymphoma and leukemia.
- In 2016, AstraZeneca paid $4 billion for 55% of Acerta Pharma and is acquiring the remainder of Acerta for nearly $2.5 billion in annual payments from 2022 to 2024.
- Rothbaum is executive chair of two cancer drug firms: Kartos Pharma, which he cofounded in 2016, and Telios Pharma, cofounded in 2019.
- Rothbaum also led a restructuring of listed biotech firm Iovance, where he is a board member and the largest shareholder, with a stake of more than 12%
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Forbes Lists
#1062
Personal Stats
- Age
- 56
- Source of Wealth
- Biotech investing, Self Made
- Residence
- Delray Beach, Florida
- Citizenship
- United States
- Marital Status
- Married
- Children
- 3
- Education
- Master of Arts, George Washington University; Bachelor of Arts/Science, State University of New York at Binghamton
Did you know
Rothbaum's career was first described in the book "For Blood and Money: Billionaires, Biotech and the Quest for a Blockbuster Drug" published in early 2023.
Rothbaum donated $300 million to his alma mater SUNY Binghamton--for a sports complex and scholarships--and to Ohio State University to build housing for cancer patients during clinical trials.
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