Stewart Rahr
Stewart J. Rahr is an American entrepreneur, investor and philanthropist. A billionaire, Rahr was founder and owner of pharmaceutical and generics wholesaler Kinray, the largest privately owned pharmaceutical distributor in the world until it was bought out by Cardinal Health in 2010.
- Stewart Rahr expanded Kinray, a pharmaceutical distributor his father founded in 1944, and sold it to Cardinal Health in 2010 for $1.3 billion (cash).
- Rahr is known for his extravagant lifestyle, which he funds through conservative investments in private equity, hedge funds and natural resources.
- After getting a bachelor’s in history at NYU, he briefly attended NYU Law before dropping out to run the family business.
- He has a sizable art collection that includes works by Picasso, Damien Hirst, Jeff Koons and Alexander Calder.
- He has donated over $25 million to Make-A-Wish, a nation-wide nonprofit that grants the wishes of critically ill children.