Phillip T. (Terry) Ragon
Overview
- Source of Wealth
- Health IT
- Industry
- Technology
- Residence
- Boston, Massachusetts
- Education
- Massachusetts Institute of Technology (Bachelor of Arts/Science)
- Marital Status
- Married
Biography
Phillip Ragon, known as Terry, founded InterSystems, a software company that enables hospitals and banks to analyze big data, in 1978.
Ragon retains full ownership of the company, which generates around $1 billion in annual sales.
Ragon and his wife, Susan, joined the Giving Pledge in 2017.
After a trip to South Africa in 2009 where Terry and Susan saw the ravages of AIDS, they established the Ragon Institute to pursue an HIV vaccine.
The couple announced a $200 million gift to endow the Ragon Institute of Massachusetts General Hospital, MIT and Harvard in 2019.
About
Ragon spent his high school senior year in Bogota, Colombia and has donated over half a million dollars since 2013 to a religious school there.
Ragon is the son of a U.S. Air Force fighter pilot.