#1783

David Dean Halbert

United States 70 years old Self-Made

Overview

Source of Wealth
Biotech
Industry
Healthcare
Residence
Colleyville, Texas
Education
Abilene Christian University (Bachelor of Business Administration)
Marital Status
Married
Children
3

Assets

  • Caris Life Sciences
    122,349,000 shares @ -
    -
    CAI-US
  • Caris Life Sciences
    2,000,000 shares @ -
    -
    CAI-US

Biography

David Dean Halbert became a billionaire in June 2025 when the diagnostics firm he built up, Caris Life Sciences, went public on the Nasdaq.

In 2008 Halbert acquired a small biotech firm called Molecular Profiling Institute, then greatly expanded it and renamed it Caris Life Sciences; he owns a 44% stake.

Caris Life Sciences uses gene sequencing, AI and machine learning for early disease detection; revenue at the unprofitable company grew to $412 million in 2024.

Halbert previously founded pharmacy benefit manager AdvancePCS in 1987. He took it public and later sold it to Caremark for $7.5 billion in 2004

He has been an active buyer and seller of healthcare businesses through his Caris Capital.