Name
Osman Kibar
Osman Kibar
La Jolla, California
Bachelor of Arts/Science, Pomona College | Bachelor of Arts/Science, California Institute of Technology | Master of Science, University of California, San Diego | Ph.D, University of California, San Diego
United States
Samumed
8
biotech, Self Made
$2,100,000,000
1116
#1116 Billionaires 2019
#354 Forbes 400 2018
Osman Kibar is the founder and CEO of biotech firm Samumed. Samumed said it raised $438 million in August 2018 to further its work developing drugs to reverse aging, claiming a valuation of $12.4 billion.The names of investors in the round were not disclosed.While getting a Ph.D. from the University of California, San Diego, he founded two companies, but did not have a management role in either.He then founded Samumed in 2008 in a Pfizer incubator, but had a falling out with the drug giant; Samumed now operates independent of Pfizer.
Kibar was born in Izmir, Turkey, on the Aegean Coast and met most of his fellow Samumed executives at boarding school in Istanbul. In 2006 Kibar won the first poker tournament he ever played in and a year later came in second out of 3,000 players at a World Series of Poker tournament.
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