Gerald Chan
Gerald Chan | |
|---|---|
| Born | Gerald Lok Chan 1950/1951 (age 70–71) Hong Kong |
| Nationality | American |
| Education | UCLA Harvard University |
| Occupation | Businessman |
| Spouse(s) | Beryl W. Chan |
| Children | 2 sons |
| Parent(s) | T.H. Chan |
| Relatives | Ronnie Chan (brother) |
Gerald L. Chan (born 1950/1951) is an American billionaire and the brother of fellow billionaire Ronnie Chan.[2] They run the Hang Lung Group.
Early life[]
Gerald Chan is the son of T.H. Chan. He earned BS and MS degrees in Engineering from UCLA, and a master's degree in Medical Radiological Physics and a doctorate in Radiation Biology from Harvard University.[3] In the 1970s, he became a US citizen.[4]
Career[]
In 1987, he co-founded Morningside Group, a private equity and venture capital group.[3]
He is a director of Hang Lung Group, Stealth Peptides, Advanced Cell Diagnostics, Matrivax, Vaccine Technologies Inc, and Oxyrane.[5] He is also the Chairman and founding investor of Apellis Pharmaceuticals, Inc. (Nasdaq:$APLS)
When his family donated the Harvard School of Public Health $350 million in six annual installments, the largest gift in Harvard's history at the time, the school was renamed the Harvard T.H. Chan School of Public Health for Chan's late father.[4][6]
As of 2015, he had invested over $100 million in the Harvard Square district of Cambridge.[4]
In September 2018, Chan opened luxury countryside hotel, Heckfield Place, in Hampshire, England, a renovated 18th-century manor house and farm.[7]
In September 2021, The Morningside Foundation donated $175 million to Umass Medical Center in Worcester, MA, and it changed its name to UMass Chan Medical School.[8]
Personal life[]
Chan is married to Beryl, and they have two sons, Ashley being the eldest.[4]
References[]
- ^ "Forbes profile: Ronnie & Gerald Chan". Forbes. Retrieved September 19, 2018.
- ^ "Ronnie & Gerald Chan". forbes.com. Retrieved September 19, 2018.
- ^ a b "About - Dr. Gerald Chan". www.geraldchan.net. Retrieved September 19, 2018.
- ^ a b c d Neil Swidey (May 3, 2015). "Gerald Chan, Boston's invisible billionaire - The Boston Globe". bostonglobe.com. Retrieved September 19, 2018.
- ^ "Gerald L. Chan - Harvard China Fund". hcf.fas.harvard.edu. Retrieved September 19, 2018.
- ^ Announcement of major search for Senior Director, University Development Office International – Asia Principal Gifts, Harvard University Cambridge, MA
- ^ "Heckfield Place: inside the UK's most delayed hotel". Financial Times. Retrieved April 7, 2019.
- ^ "UMass Medical School Changes Name To UMass Chan Medical School After $175 Million Donation". CBS Boston. September 7, 2021. Retrieved November 25, 2021.
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- Members of the Council on Foreign Relations
- Living people
- American billionaires
- Hong Kong billionaires
- University of California, Los Angeles alumni
- 1950s births
- American philanthropists
- Hong Kong philanthropists
- Harvard School of Public Health alumni
- American people of Chinese descent
- 20th-century American businesspeople
- 21st-century American businesspeople
- American business biography, 1950s birth stubs