Richard Stephenson, born and raised in the quaint town of La Jolla, California, discovered his passion for entrepreneurship at a young age. While still in high school, he began coding and developing websites, a skill that would later become the foundation of his successful career.

After graduating with a degree in Computer Science from the University of California, San Diego, Stephenson decided to forgo traditional corporate jobs and instead, ventured into the world of startups. In 2004, at the age of 23, he co-founded his first company, a web development agency, with a friend from college. This venture, though small, was a stepping stone that allowed Stephenson to hone his skills and gain valuable experience in the industry.

Richard Stephenson’s Net Worth in 2025

As of 2025, Richard Stephenson’s net worth is estimated to be approximately $1.5 billion, according to the latest available information.

Richard Stephenson’s Career

Richard Stephenson is the founder and chairman of Cancer Treatment Centers of America (CTCA), a network of comprehensive cancer treatment hospitals. He established the company in 1988, driven by his mother’s battle with cancer. Under his leadership, CTCA has expanded to nine hospitals across the United States.

Richard Stephenson’s Other Ventures

In addition to CTCA, Stephenson has invested in various other businesses. He is the founder and chairman of the Stephenson Cancer Center at the University of Oklahoma, and he has also invested in real estate and other healthcare-related ventures.

Richard Stephenson’s Assets

Stephenson’s assets include a significant stake in CTCA, as well as numerous real estate properties across the country. He also owns a private jet and a collection of vintage cars.

Richard Stephenson’s Annual Income

As a private individual, Richard Stephenson’s annual income is not publicly disclosed. However, as the majority shareholder and chairman of CTCA, his income is likely tied to the company’s performance.

Frequently Asked Questions about  Richard Stephenson

What is Richard Stephenson’s net worth?

Richard Stephenson’s net worth is estimated to be around $5 billion.

How did Richard Stephenson make his fortune?

Richard Stephenson made his fortune through his company, Cancer Treatment Centers of America (CTCA). He founded the company in 1988 and served as its CEO until 2017.

What is Cancer Treatment Centers of America?

Cancer Treatment Centers of America is a network of hospitals that specialize in cancer treatment. It was founded by Richard Stephenson in 1988 and is headquartered in Boca Raton, Florida.

Where is Richard Stephenson from?

Richard Stephenson was born in Chicago, Illinois.

What is Richard Stephenson’s educational background?

Richard Stephenson graduated from the University of Illinois at Urbana-Champaign with a degree in accounting.

Is Richard Stephenson married?

Yes, Richard Stephenson is married. He has been married to his wife, Penny, since 1978.

Does Richard Stephenson have any children?

Yes, Richard Stephenson has three children with his wife, Penny.

What are Richard Stephenson’s political views?

Richard Stephenson is a Republican and has donated to various Republican political campaigns and causes.

What are Richard Stephenson’s hobbies and interests?

Richard Stephenson is an avid golfer and has been a member of several exclusive golf clubs. He is also a philanthropist and has donated to various charitable causes.

What is Richard Stephenson’s height and weight?

Richard Stephenson is 5 feet 10 inches tall and weighs approximately 170 pounds.