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David Dean Halbert

David Dean Halbert

D. Halbert
2.98% | + $69.64M
$2.65 B ₹ 24,307 Cr
Real Time Net Worth #1580 Ranking as of 01 Mar 2026 By Forbes

More on David Dean Halbert

Gender

Male

Age

71Y

Country

United States

Born On

January, 1955

Deceased

No

Relationship Status

Married

Children

3

Education

Abilene Christian University - Bachelor'S

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Biotech)

Primary Organization

Caris Life Sciences

Titles

Founder, Chairman & CEO

Sources of Wealth

Biotech

Industry

Healthcare, Biotech

About David Dean Halbert


D avid Dean Halbert is the founder, chairman, and CEO of Caris Life Sciences, a pioneer in precision medicine and molecular profiling. A serial entrepreneur, he previously founded AdvancePCS, a pharmacy benefits management company that he grew into a Fortune 250 giant before selling it to Caremark for $7.5 billion in 2004. Motivated by his mother's battle with cancer, Halbert established Caris Life Sciences in 2008 to develop more effective, personalized cancer treatments.

Under his leadership, Caris has developed one of the world's largest and most comprehensive clinico-genomic databases, using AI to improve patient outcomes. Halbert's vision and significant personal investment have positioned the company at the forefront of the biotech industry. He is also a dedicated philanthropist through the Caris Foundation, which supports medical and humanitarian causes globally.

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Quick Reads


Early Life and Background


David Dean Halbert is a prominent American entrepreneur and the founder of Caris Life Sciences. Born in 1956, Halbert grew up with a strong interest in business and technology, eventually earning a Bachelor of Business Administration from Abilene Christian University.

His early career was marked by a fundamental belief that advanced molecular technology could revolutionize the way human diseases are diagnosed and treated—a vision that became the cornerstone of his multi-billion dollar ventures.

  • Core Company: Caris Life Sciences.
  • Education: BBA from Abilene Christian University.
  • Honors: Recipient of a Doctorate of Science (h.c.) for his contributions to life sciences.

Career Journey of David Dean Halbert


David Dean Halbert’s career transition from pharmacy services to high-tech diagnostics is a masterclass in business scaling. In 1987, he founded AdvancePCS, which grew into a leading pharmacy benefits management company. He took the firm public and later sold it to Caremark for $7.5 billion in 2004.

Following this massive exit, Halbert acquired the Molecular Profiling Institute in 2008, which he renamed Caris Life Sciences. Under his leadership as Chairman and CEO, Caris became a leader in precision medicine, utilizing AI and machine learning for early disease detection. By 2024, the company’s annual revenue grew to $412 million.

  • Role: Founder, Chairman, and CEO of Caris Life Sciences.
  • Major Achievement: Architect of a $7.5 billion sale of AdvancePCS.

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David Dean Halbert's Timeline


1987:

Founded AdvancePCS.

2004:

Sold AdvancePCS to Caremark for $7.5 billion.

2008:

Acquired and expanded the firm that became Caris Life Sciences.

2025:

Ranked on the Forbes 400 list of the richest Americans.

Major Business Ventures and Investments


David Dean Halbert’s wealth is concentrated in his substantial ownership of the private biotechnology leader Caris Life Sciences and his investment firm, Caris Capital.

  • Caris Life Sciences: A pioneer in gene sequencing and molecular diagnostics.
  • Ownership Stake: Owns a 44% stake in Caris Life Sciences.
  • Caris Capital: An investment vehicle used for the active buying and selling of healthcare businesses.
  • Sector Focus: Biotech, Artificial Intelligence, and Healthcare Management.

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Philanthropy and Social Impact


Fashion, Style, and Lifestyle


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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • 1. He fundamentally believes that misfirings at the molecular level are the root of illness and that tech can find and fix them.
  • 2. He is an active philanthropist, earning a score of 2 on the Forbes scale for his charitable contributions.
  • 3. He resides in Colleyville, Texas, and is a married father of three.
  • 4. His company, Caris Life Sciences, is one of the largest private employers in the precision medicine sector.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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