Famous American businessman Alex Gorsky net worth is $130 Million USD. Alex Gorsky is the entrepreneur, businessman, and current executive chairman of the famous healthcare company Johnson and Johnson. Alex Gorsky also served as the CEO of the company but later stepped down from the position in 2022. In this article, we will have a detailed look at Alex Gorsky net worth and income details. But before that let us have some brief information about him.
Alex Gorsky Net Worth, Information, and Career Highlights
Brief Information about Alex Gorsky
|Date of Birth||24 May 1960|
Jane Anne Gorsky
|Wife||Patricia Dittrich Gorsky|
|Occupation||Businessman, Executive Chairman|
|Company||Johnson & Johnson|
|Net Worth in USD||$130 Million USD|
Alex Gorsky is an American Business Executive and the Executive Chairman of the famous healthcare company Johnson & Johnson. He was also the former CEO of Johnson & Johnson until 2022 when he was succeeded by the current CEO Joaquin Duato. Alex Gorsky became the seventh person to serve as the Chairman and the CEO of Johnson & Johnson after it became a public company in 1944. Alex Gorsky succeeded William C. Weldon in 2012 to become the Executive Chairman of Johnson & Johnson.
Alex Gorsky was born on 24 May 1960 in Kansas City in USA. His age is 62 years as of 2022. Alex Gorsky’s father’s name is Albert Gorsky and his mother’s name is Loretta Gorsky. Alex Gorsky has two sisters named Therese Gorsky and Jane Anne Gorsky. Alex Gorsky’s father Albert Gorsky was a Korean War veteran who later worked as a marketing executive at Kerber Foods. Alex Gorsky earned an MBA degree in 1996 from the Wharton School at the University of Pennsylvania.
Alex Gorsky got married to his wife Patricia Dittrich Gorsky in 1988. Patricia Dittrich Gorsky was a nurse by profession. Alex Gorsky and Patricia Gorsky have a son named Nicholas Gorsky.
Alex Gorsky net worth is $130 Million USD and he is currently one of the highest-paid business executives in the USA. Alex Gorsky joined Johnson & Johnson in the year 1988 as a sales representative. He made his way to the top and now he is one of the most important people in the company. He started his career with Janssen Pharmaceuticals which is part of Johnson & Johnson. Later through his performance for Janssen, he became an integral part of Johnson & Johnson.
According to his current position in the company, he is paid a hefty amount for his services to the company which has increased Alex Gorsky’s wealth and net worth. Let us have a detailed look at Alex Gorsky net worth and his income details as the Executive Chairman of Johnson & Johnson.
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Alex Gorsky Net Worth and Income Details
As mentioned earlier, Alex Gorsky net worth has increased up to $130 Million in 2021 due to the amount of money he earns as the Executive Chairman of Johnson & Johnson. Other than the annual compensation, Alex Gorsky also earns from stocks and shares. He is undoubtedly the highest earner in the company. Alex Gorsky’s salary has highly influenced his net worth and helped it grow over the years. Here is how Alex Gorsky net worth grew over the last few years.
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Alex Gorsky Net Worth Growth
|Years||Net Worth in USD|
|2021||$130 Million USD|
|2020||$108 Million USD|
|2019||$86 Million USD|
|2018||$76 Million USD|
|2017||$60 Million USD|
Alex Gorsky net worth increased majorly in recent years. In 2017, Alex Gorsky net worth was around $60 Million USD. But by the end of 2021, Alex Gorsky net increased up to $130 Million USD. In the last few years, Alex Gorsky net worth saw a major growth of more than $70 Million USD. It is estimated that Alex Gorsky net worth might increase up to $156 Million USD by the end of 2022.
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Alex Gorsky Income Details
Alex Gorsky has an annual income of more than $26 Million USD every year. Alex Gorsky is serving as the Executive Chairman of Johnson & Johnson. According to some reports, Alex Gorsky made more than $26 Million USD in total compensation from Johnson & Johnson. The majority of Alex Gorsky’s income of $26 Million in 2021 came in the form of stocks that he was awarded from the company. Alex Gorsky was awarded stocks worth $14.7 Million USD. His cash salary for the year 2021 was $1.6 Million USD, he received $4.2 Million USD as a bonus and $5 Million USD as a stock option. Alex Gorsky received $270,000 USD as other types of compensation from the company.
Alex Gorsky saw a growth in his annual salary in 2021 as compared to 2020. Alex Gorsky’s annual salary of $26 Million was increased from the total salary of $25.4 Million in 2020. It is estimated that Alex Gorsky’s salary for 2022 will also be increased as compared to his salary in 2021. Alex Gorsky net worth will also increase with an increase in his annual income in 2022.
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Alex Gorsky Social Media
Alex Gorsky Career Highlights
Alex Gorsky joined Johnson & Johnson at the age of 28 years in 1988 as a sales representative in its pharmaceuticals company Janssen Pharmaceuticals.
After years of working with Janssen Pharmaceuticals, Alex Gorsky became the Group Chairman of Janssen Pharmaceuticals in 2003. As the chairman of Janssen Pharmaceuticals, he started overseeing business operations in European countries, the Middle East, and in Africa.
After some years, Alex Gorsky joined Novartis Pharmaceuticals Company in 2004. There he joined as the Chief Operating officer (COO) and the head of General Medicine.
The next year, in 2005, Alex Gorsky was appointed as the CEO of Novartis and the Head of Pharmaceuticals in North America. After some years working with Novartis, he left the company in 2008.
In the same year in 2008, Alex Gorsky joined Johnson & Johnson again as the Chairman of the Ethicon. The next year in September 2009, Alex Gorsky was promoted to the position of the worldwide Chairman of Medical Devices and Diagnostics.
Former Chairman William C. Weldon appointed Alex Gorsky as the vice-chairman of the company.
Alex Gorsky became the Chief Executive Officer (CEO) of Johnson & Johnson on 26 April 2012.
At the end of the same year on 28 December 2012, Alex Gorsky succeeded William C. Weldon to become the Chairman of the Company.
Alex Gorsky’s leadership in Johnson & Johnson made the profitability of the company better. The stocks of the company tripled as well as the Johnson & Johnson’s market cap went from $180 Billion to $470 Billion USD.
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Common FAQs about Alex Gorsky
What is the net worth of Alex Gorsky?
Alex Gorsky net worth was $130 Million USD in 2021. It is estimated that Alex Gorsky net worth is likely to increase up to $156 Million USD by the end of 2022.
What does Alex Gorsky own?
Alex Gorsky works as the Chairman of Johnson & Johnson but doesn’t own the company.
How old is Alex Gorsky?
Alex Gorsky is 62 years old as of 2022.
What is the net worth of the CEO of Johnson & Johnson?
When Alex Gorsky was the CEO of Johnson & Johnson, his net worth was $130 Million USD. The current CEO of Johnson & Johnson, Joaquin Duato has a net worth of $55 Million USD.
Who is taking over from Alex Gorsky?
Johnson & Johnson’s present CEO Joaquin Duato took over the position of CEO from Alex Gorsky in 2022.
Where did Alex Gorsky go to college?
Alex Gorsky went to Wharton School and the University of Pennsylvania.
What is the salary of Alex Gorsky?
Alex Gorsky had annual compensation of $26 Million in 2021.
What is the name of Alex Gorsky’s wife?
The name of Alex Gorsky’s wife is Patricia Dittrich Gorsky.