Dean Kamen, a name synonymous with innovation and invention, began his career in the most unassuming of ways. Born in 1951, Kamen showed an early aptitude for tinkering and problem-solving, spending his youth in his family’s basement workshop, where he would create everything from rockets to robots. This hands-on approach to learning laid the foundation for his future endeavors.

Kamen’s breakthrough came in the late 1970s when he founded his first company, AutoSyringe, which produced a disposable syringe that prevented reuse and helped combat the spread of AIDS. This innovative product not only saved lives but also brought Kamen to the forefront of the medical technology industry.

Dean Kamen’s Current Net Worth

As of 2025, Dean Kamen’s current net worth is estimated to be around $500 million, according to Forbes. This figure is based on his successful career as an inventor and entrepreneur.

Career

Dean Kamen, born in 1951, is an American engineer and inventor. He is best known for inventing the Segway PT, an electric two-wheeled self-balancing personal transporter. Kamen is also the founder of DEKA Research & Development Corporation, a medical device company. He has been awarded the National Medal of Technology and Innovation for his contributions to the field of engineering.

Other Ventures

In addition to his work at DEKA, Kamen has also been involved in various other ventures. He founded the FIRST (For Inspiration and Recognition of Science and Technology) organization, which aims to inspire young people to pursue careers in science and technology. Kamen has also been involved in the development of the iBOT, a mobility device for people with disabilities.

Assets

Dean Kamen’s assets include his majority stake in DEKA Research & Development Corporation, as well as his patents for various inventions. He also owns a 20,000-square-foot mansion in New Hampshire, valued at around $15 million. Kamen’s collection of vintage cars and motorcycles is also a notable asset.

Annual Income

Dean Kamen’s annual income is not publicly disclosed. However, as the majority owner of DEKA Research & Development Corporation, it can be inferred that a significant portion of his income comes from the company’s profits. Kamen also earns income from his speaking engagements and from royalties on his patents.

Frequently Asked Questions about  Dean Kamen

Frequently Asked Questions: Dean Kamen Net Worth

1. What is Dean Kamen’s net worth?

Dean Kamen’s net worth is estimated to be around $500 million.

2. How did Dean Kamen make his money?

Dean Kamen made his fortune through his inventions and his company DEKA Research & Development Corporation. He has over 440 patents to his name, including the iBOT wheelchair and the Segway PT.

3. What is Dean Kamen’s age?

Dean Kamen was born on October 5, 1951, making him 70 years old.

4. Where was Dean Kamen born?

Dean Kamen was born in Long Island, New York.

5. What is Dean Kamen’s education background?

Dean Kamen graduated from Rensselaer Polytechnic Institute with a degree in physics and mathematics.

6. What is the Segway PT?

The Segway PT is a self-balancing, electric-powered transportation device invented by Dean Kamen. It was first introduced in 2001.

7. What is the iBOT wheelchair?

The iBOT is a wheelchair developed by Dean Kamen that can climb stairs and maintain a standing position. It was introduced in 2005.

8. What is the FIRST organization?

FIRST (For Inspiration and Recognition of Science and Technology) is a non-profit organization founded by Dean Kamen in 1989 to inspire young people to pursue careers in science and technology.

9. What is the DEKA Research & Development Corporation?

DEKA Research & Development Corporation is a company founded by Dean Kamen in 1982. It specializes in research and development of innovative technologies.

10. What awards has Dean Kamen received?

Dean Kamen has received numerous awards for his inventions and contributions to science and technology, including the National Medal of Technology and Innovation, the Lemelson-MIT Prize, and the IEEE Founders Medal.