51.1 F
Laguna Hills
Thursday, Mar 28, 2024
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JOE KIANI

Founder, Chairman, Masimo

WHY: Founded Irvine patient monitoring company in 1989 that last year reported net income of $193M on sales of $853M. Masimo valued at nearly $8B. Kiani’s stock valued at around $900M.

RECENT: Company’s stock is up more than 50% over past year. Firm making a push into monitoring systems for opiod use, hoping to prevent accidental overdoses. Among early backers of Joe Biden’s campaign.

NOTABLE: Philanthropy geared toward children, health, and poverty alleviation. Started foundation to achieve zero preventable deaths by 2020.

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