Martin Shkreli | |
|---|---|
 Shkreli in 2016 | |
| Born | March 17, 1983[2] Brooklyn, New York City, U.S. |
| Education | Baruch College (BBA) |
| Occupation(s) | Investor, Fintech Software developer, YouTuber, former hedge fund manager and biotech founder |
| Known for | Turing Pharmaceuticals, Retrophin, Daraprim price hike |
| Criminal status | Released |
| Conviction(s) | Securities fraud (18 U.S.C. § 1348) (2 counts) Conspiracy to commit securities fraud (18 U.S.C. § 1348) |
| Criminal penalty | 7 years in prison (paroled after 6 years and 5 months)[1] $7.4 million in fines |
YouTube information | |
| Channel | |
| Genre(s) | Investing, finance |
| Subscribers | 59.3 thousand[3][4] |
| Total views | 1.88 million[4] |
Last updated: May 01, 2024 | |
Martin Shkreli (/ˈʃkrɛli/; born March 17, 1983) is an American investor and businessman. He was convicted of financial crimes for which he served over six years in federal prison and was fined over 70 million dollars. Shkreli is the co-founder of the hedge funds Elea Capital, MSMB Capital Management, and MSMB Healthcare, the co-founder and former CEO of pharmaceutical firms Retrophin and Turing Pharmaceuticals, and the former CEO of start-up software company Gödel Systems, which he founded in August 2016.
In September 2015, Shkreli was widely criticized when Turing obtained the manufacturing license for the antiparasitic drug Daraprim and raised its price to insurance companies from US$13.50 to $750 per pill.
In 2017, Shkreli was convicted in federal court on two counts of securities fraud and one count of conspiracy. He was sentenced to seven years in prison and up to $7.4 million in fines. In the civil antitrust case, Shkreli was fined a further $64.6 million to be repaid to victims. In May 2022, he was released early from the low-security federal prison in Allenwood, Pennsylvania. He is permanently banned from serving as an officer of any publicly traded company.
- ^ Merle, Renae (March 9, 2018). "Martin Shkreli sentenced to seven years in prison for defrauding investors". The Washington Post. ISSN 0190-8286. Archived from the original on March 9, 2018. Retrieved March 9, 2018.
- ^ "No Friends To Celebrate With, Pharma-Bro Throws Himself Lonesome Online Birthday Party". Queerty. March 18, 2016. Archived from the original on July 30, 2018. Retrieved August 23, 2018.
- ^ "Social Blade". Social Blade. March 16, 2023. Archived from the original on March 16, 2023. Retrieved May 1, 2024.
- ^ a b "About Martin Shkreli". YouTube.