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Jeffrey Michael & family

Jeffrey Michael & family

J. family
3.3% | + $37.98M
$1.19 B ₹ 10,762 Cr
Real Time Net Worth #2923 Ranking as of 15 Feb 2026

More on Jeffrey Michael & family

Gender

Male

Age

66Y

Country

United States

Born On

January, 1960

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth

Primary Organization

Unknown

Titles

Unknown

Sources of Wealth

Cor-Mac

Industry

Manufacturing, Distribution

About Jeffrey Michael & family


J effrey Michael is an American billionaire whose fortune is primarily derived from his family's ownership of Cor-Mac, a major industrial supply company. His family's business is a key player in its specific niche, providing essential products and services to a wide range of industrial clients. The company has a long history of success under family ownership.

Cor-Mac has grown into a significant enterprise, and Jeffrey Michael is a key member of the controlling family. His wealth is tied to his stake in this successful and privately held industrial business. Like many families who own and operate private industrial companies, the Michael family maintains a very low public profile.

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Quick Reads


  • His family controls the industrial supply company Cor-Mac.
  • The company is a major player in its specific industrial niche.
  • His fortune comes from his family's ownership of the private company.
  • He is a key member of the controlling family.
  • The family is known for being very private.

Early Life and Background


Jeffrey J. Michael is an American businessman, the billionaire Director and major shareholder of CorVel Corp (NASDAQ: CRVL), a publicly traded company specializing in cost containment, risk management, and managed care solutions for the healthcare industry. His wealth is rooted in the high-growth healthcare technology and managed care sector.

Michael's career is defined by his long-term investment and fiduciary stewardship of his substantial equity stake in CorVel. His structural role ensures the company maintains its focus on operational efficiency and cost management for employers and insurers in the complex U.S. healthcare ecosystem. He is one of the company's 10% owners.

  • CorVel Corp (Director & 10% Owner): The core publicly traded asset, a major provider of cost containment, risk management, and managed care solutions for the healthcare industry. He owns over 551,787 shares.
  • Healthcare Technology Focus: His success is built on mastering the implementation and management of managed care and claims processing software solutions.
  • Financial Activity: He has monetized part of his wealth, selling six times in the past five years (most recently 16,523 shares in April 2025).
  • Investment Strategy: His philosophy is rooted in long-term investment in high-growth healthcare services and technology platforms (essential services).

Career Journey of Jeffrey Michael & family


Jeffrey J. Michael's strategic leadership involves managing the long-term governance and financial direction of CorVel Corp. The company's success is tied to its role in providing essential solutions that help employers and insurers manage the complex, rising costs of workers' compensation and healthcare claims—a critical need in the U.S. healthcare system.

His structural contribution is tied to the efficiency and cost-management provided by CorVel's technology and services. His wealth, estimated at $41 million (October 2025 estimate), is secured by the colossal, long-term, stable profitability of the healthcare technology and managed care sector. His financial activity is highly visible through SEC filings (as a Director and 10% Owner), showing a consistent pattern of monetization of his founding equity.

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Jeffrey Michael & family's Timeline


Ongoing:

Joins and rises through the ranks of CorVel Corp (Executive Ascent).

Ongoing:

CorVel successfully executes its IPO and expands its managed care solutions (Financial Milestone).

2025 (April 9):

Last recorded sale of 16,523 shares (Monetization Event).

Ongoing:

Continues as a Director and 10% Owner, guiding the healthcare technology giant (Executive Oversight).

Major Business Ventures and Investments


Jeffrey J. Michael's wealth is concentrated in his equity stake and continued leadership role in the publicly traded healthcare technology firm, CorVel Corp (NASDAQ: CRVL).

  • CorVel Corp (Director & 10% Owner): The core publicly traded asset, a major provider of cost containment, risk management, and managed care solutions for the healthcare industry. He owns over 551,787 shares.
  • Healthcare Technology Focus: His success is built on mastering the implementation and management of managed care and claims processing software solutions.
  • Financial Activity: He has monetized part of his wealth, selling six times in the past five years (most recently 16,523 shares in April 2025).
  • Investment Strategy: His philosophy is rooted in long-term investment in high-growth healthcare services and technology platforms (essential services).

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Philanthropy and Social Impact


Jeffrey J. Michael's social impact is structural, stemming from CorVel's role in improving the efficiency and cost-effectiveness of the healthcare supply chain for employers and insurers. His company's technology is critical for managing workers' compensation and disability claims.

His personal philanthropy supports various community and educational initiatives. His career is a testament to the profitability of disciplined healthcare technology entrepreneurship and operational scale in the essential medical services sector.

Fashion, Style, and Lifestyle


Jeffrey J. Michael maintains the professional, composed style of a technology executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the specialized healthcare IT sector.

Residing in the U.S., his luxury is the immense security and financial reward derived from his multi-million dollar fortune. His life is dedicated to technology innovation, strategic management, and the long-term, stable growth of the managed care industry.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is a Director and 10% Owner of CorVel Corp (healthcare technology).
  • CorVel provides cost containment, risk management, and managed care solutions.
  • His wealth is tied to his stake (over 551,787 shares) in the publicly traded company.
  • He has executed six stock sales in the past five years.
  • His fortune is secured by the long-term profitability of healthcare claims management software.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His estimated net worth is $41 million (October 2025 estimate).

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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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