Martin Shkreli Net Worth (Updated 2025).

Martin Shkreli, born in 1982, began his career in the financial sector after graduating from Baruch College with a degree in Business Administration. He started as an analyst at Cramer Berkowitz, a hedge fund, and later moved to First Manhattan Consulting Group. In 2006, at the age of 23, Shkreli founded his first hedge fund, MSMB Capital Management.

Shkreli gained significant attention and notoriety in 2015 when he acquired the rights to a life-saving drug, Daraprim, through his company Turing Pharmaceuticals. Daraprim, used to treat a rare parasitic infection, saw its price increase overnight from $13.50 to $750 per tablet under Shkreli’s leadership. This move, widely criticized as ‘price gouging,’ catapulted Shkreli into the public eye, earning him the moniker “Pharma Bro.”

Martin Shkreli’s Current Net Worth (2025)

As of 2025, Martin Shkreli’s net worth is estimated to be around $30 million, according to the latest available information. This significant decrease from his peak net worth in 2015 is largely due to his imprisonment and the forfeiture of assets following his conviction for securities fraud.

Career

Martin Shkreli is a controversial figure known for his role as the former CEO of Turing Pharmaceuticals. In 2015, he gained notoriety for increasing the price of Daraprim, a life-saving drug, by 5,000%. Before Turing, he founded Retrophin, another pharmaceutical company. However, he was ousted from both companies amid scrutiny and legal issues.

Other Ventures

Prior to his pharmaceutical ventures, Shkreli worked as a hedge fund manager. He founded MSMB Capital Management in 2009, which later became MSMB Healthcare. Despite his success in the pharmaceutical industry, his hedge fund career was marked by losses and eventually led to his securities fraud conviction.

Assets

Shkreli’s assets have significantly dwindled since his 2017 conviction. He has forfeited millions in assets, including his stake in Turing Pharmaceuticals and his one-of-a-kind Wu-Tang Clan album, “Once Upon a Time in Shaolin,” which he sold for $2 million in 2018. Currently, the extent of his remaining assets is not publicly known.

Annual Income

Shkreli’s annual income has fluctuated significantly over the years. At the height of his pharmaceutical career, his annual income was reportedly in the millions. However, since his imprisonment in 2017, his income has been significantly reduced. As a federal inmate, he earns approximately $0.12 per hour for work assignments, totaling around $2,000 annually, before taxes.

Frequently Asked Questions about  Martin Shkreli

**Frequently Asked Questions: Martin Shkreli Net Worth**

1. What is Martin Shkreli’s net worth?

Martin Shkreli’s net worth is estimated to be around $70 million.

2. How did Martin Shkreli make his money?

Shkreli made his fortune through various business ventures, primarily in the pharmaceutical industry. He founded hedge funds MSMB Capital Management and MSMB Healthcare Management, and later, pharmaceutical companies Retrophin and Turing Pharmaceuticals.

3. Why is Martin Shkreli famous?

Shkreli gained notoriety in 2015 when his company, Turing Pharmaceuticals, acquired the rights to a life-saving drug called Daraprim and increased its price by 5,000%, from $13.50 to $750 per pill. He was also known for his controversial behavior and online persona.

4. What is the ‘Pharma Bro’ nickname about?

‘Pharma Bro’ is a nickname given to Shkreli due to his controversial actions in the pharmaceutical industry and his brash, arrogant online persona, which often involved trolling and provoking critics on social media.

5. Has Martin Shkreli been to jail?

Yes, Shkreli was sentenced to seven years in prison in 2018 for securities fraud related to his hedge fund business. He was released from prison in 2021 due to the COVID-19 pandemic but was later returned to prison for violating the terms of his supervised release.

6. What is Martin Shkreli’s education background?

Shkreli graduated from Baruch College in New York City with a bachelor’s degree in business administration. He did not attend medical school or have any formal scientific training.

7. What is Martin Shkreli’s involvement with the Wu-Tang Clan album ‘Once Upon a Time in Shaolin’?

Shkreli purchased the sole copy of the Wu-Tang Clan album ‘Once Upon a Time in Shaolin’ for $2 million in 2015. The album was sold with the condition that it could not be released commercially for 88 years.

8. What happened to Martin Shkreli’s social media accounts?

Shkreli’s social media accounts, particularly his Twitter account, were suspended multiple times due to violations of their terms of service. He has since created new accounts under different names.

9. What is Martin Shkreli’s current status?

As of now, Martin Shkreli is incarcerated in a federal prison in Pennsylvania.

10. Are there any documentaries or movies about Martin Shkreli?

Yes, there are documentaries and movies about Martin Shkreli, including ‘The Creepy Guy Who Raised the Price of a Life-Saving Drug’ (2016) and ‘Pharma Bro’ (2021).