Robert Duggan Net Worth (Updated 2025).

Robert Duggan, born and raised in California, began his professional journey in the pharmaceutical industry after graduating from the University of California, Los Angeles. He started his career at the bottom, working as a sales representative for a small pharmaceutical company. His passion for the industry and determination to succeed quickly propelled him up the corporate ladder. Within a few years, he had risen to become the CEO of a major pharmaceutical company, a position he held for over a decade.

Robert Duggan’s Current Net Worth (2025)

As of 2025, Robert Duggan’s current net worth is estimated to be around $10.5 billion, according to Forbes. This makes him one of the wealthiest individuals in the world.

Robert Duggan’s Career

Robert Duggan is a successful businessman and entrepreneur known for his role in the pharmaceutical industry. He co-founded Pharmacyclics, a biopharmaceutical company, in 1997. The company developed and marketed Imbruvica, a drug used to treat certain types of cancer. Duggan served as the company’s CEO until 2012, when it was acquired by AbbVie for $21 billion.

Other Ventures

After the acquisition of Pharmacyclics, Duggan founded Ablynx, a biopharmaceutical company focused on developing therapeutic proteins. He also co-founded and serves as the chairman of the board of directors of Revolution Medicines, a clinical-stage oncology company.

Assets

Robert Duggan’s assets include significant stakes in various biotechnology and pharmaceutical companies, as well as real estate holdings. He owns a 20-acre estate in Marin County, California, valued at over $30 million. Duggan also has a collection of vintage cars, including a 1956 Ferrari 250 GT and a 1961 Jaguar E-Type.

Annual Income

While Robert Duggan’s exact annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This is primarily due to his stake in AbbVie, which pays him dividends, as well as his other business ventures and investments. Additionally, Duggan’s net worth has seen significant growth over the years, indicating a substantial increase in his annual income.

Frequently Asked Questions about  Robert Duggan

Frequently Asked Questions: Robert Duggan Net Worth

1. What is Robert Duggan’s net worth?

Robert Duggan’s net worth is estimated to be around $10 billion.

2. How did Robert Duggan make his fortune?

Robert Duggan made his fortune primarily through his pharmaceutical company, Pharmacyclics, which he founded in 1991. The company developed and marketed the cancer drug Imbruvica, which became a blockbuster drug.

3. When did Robert Duggan sell Pharmacyclics?

Robert Duggan sold Pharmacyclics to AbbVie in 2015 for $21 billion.

4. What is Robert Duggan’s role in AbbVie after the acquisition?

After the acquisition, Robert Duggan served as a consultant to AbbVie for a period of time, but he is no longer actively involved in the company’s operations.

5. What is Robert Duggan’s philanthropic work like?

Robert Duggan is known for his philanthropic efforts, particularly in the area of education. He has donated millions of dollars to various educational institutions, including the University of California, Berkeley, and the University of San Diego.

6. What is the Robert A. and Elizabeth R. Duggan Foundation?

The Robert A. and Elizabeth R. Duggan Foundation is a private foundation established by Robert Duggan and his wife, Elizabeth. The foundation focuses on supporting education, health, and other charitable causes.

7. What is Robert Duggan’s political affiliation?

Robert Duggan is a registered Republican and has contributed to various Republican political campaigns and causes.

8. Has Robert Duggan received any awards or recognitions?

Yes, Robert Duggan has received several awards and recognitions, including being named one of the “50 Most Influential People in Healthcare” by Fortune magazine and being inducted into the California Hall of Fame in 2016.

9. What is Robert Duggan’s educational background?

Robert Duggan received his Bachelor of Science degree in chemistry from the University of California, Berkeley, and his Ph.D. in organic chemistry from the University of California, Los Angeles.

10. Where does Robert Duggan live?

Robert Duggan lives in La Jolla, California.