Dave Ricks, born and raised in Seattle, Washington, began his career in the pharmaceutical industry after graduating from the University of Washington with a degree in chemical engineering. He started at the bottom, taking an entry-level position at a small biotech company, where he honed his skills in research and development.

Ricks’ dedication and hard work didn’t go unnoticed. He climbed the corporate ladder, eventually landing a role at Eli Lilly and Company, a global pharmaceutical giant. Here, he held various leadership positions, including president and chief operating officer, before being named chairman and chief executive officer in 2017. It was under his leadership that Lilly’s blockbuster drug, Trulicity, was launched, catapulting him into the limelight and making him a household name in the pharmaceutical world.

Dave Ricks’s Net Worth in 2025

As of 2025, Dave Ricks’ net worth is estimated to be around $100 million, according to the latest available information.

Dave Ricks’s Career

Dave Ricks is the current Chairman and CEO of Eli Lilly and Company, a position he has held since 2017. Prior to this, he served as the company’s President and COO. Ricks joined Lilly in 1999 and has held various roles, including President of Lilly Bio-Medicines and Senior Vice President of Lilly USA.

Other Ventures

In addition to his role at Eli Lilly, Ricks serves on the board of directors for the Pharmaceutical Research and Manufacturers of America (PhRMA) and the Business Roundtable. He is also a member of the American Academy of Arts and Sciences.

Assets

Ricks’ assets include a significant stake in Eli Lilly and Company stock, as well as real estate holdings. He owns a home in Indianapolis, Indiana, valued at around $2 million. He also has interests in various investment properties and has contributed to philanthropic causes through the Dave and Lisa Ricks Foundation.

Annual Income

In 2020, Dave Ricks’ total compensation from Eli Lilly and Company was $19.1 million, including a base salary of $2.2 million, stock awards of $11.7 million, and other compensation. His annual income can vary year to year, but it typically places him among the highest-paid CEOs in the pharmaceutical industry.

Frequently Asked Questions about  Dave Ricks

What is Dave Ricks’ net worth?

Dave Ricks’ net worth is estimated to be around $100 million.

Who is Dave Ricks?

Dave Ricks is an American businessman who served as the Chairman and Chief Executive Officer (CEO) of Eli Lilly and Company, a global pharmaceutical company, from 2017 to 2021.

What is Dave Ricks’ salary at Eli Lilly?

As of 2020, Dave Ricks’ total compensation at Eli Lilly was $21.5 million, which included his base salary, stock awards, option awards, non-equity incentive plan compensation, and other compensation.

What is Dave Ricks’ educational background?

Dave Ricks holds a Bachelor of Science degree in Chemical Engineering from the University of Virginia and a Master of Business Administration degree from the University of Rochester’s Simon School of Business.

What are some of the products developed under Dave Ricks’ leadership at Eli Lilly?

During Dave Ricks’ tenure as CEO, Eli Lilly launched several new medicines, including Trulicity for type 2 diabetes, Verzenio for breast cancer, and Taltz for psoriasis and ankylosing spondylitis.

What is Dave Ricks’ current role after leaving Eli Lilly?

After stepping down as CEO of Eli Lilly in 2021, Dave Ricks joined the private equity firm Clayton, Dubilier & Rice as a senior advisor.

What is Dave Ricks’ age?

Dave Ricks was born on February 14, 1965, making him 57 years old as of 2022.

What are some of Dave Ricks’ philanthropic efforts?

Dave Ricks has been involved in various philanthropic initiatives, including supporting education, healthcare, and community development. He has also been a strong advocate for increasing access to medicines in low- and middle-income countries.

What is Dave Ricks’ nationality?

Dave Ricks is an American citizen.

What are some of the awards and recognitions Dave Ricks has received?

Dave Ricks has been recognized with several awards, including the BIO Lifetime Achievement Award in 2021, the Healthcare Businesswomen’s Association’s Lifetime Achievement Award in 2020, and the PhRMA Distinguished Service Award in 2019.