J udy Faulkner is a self-made American billionaire who is one of the most powerful and low-profile figures in the healthcare technology industry. She is the founder and CEO of Epic Systems, the leading provider of electronic health record (EHR) software for major hospitals and health systems in the United States. A computer programmer by training, she founded the company in a basement in Wisconsin in 1979 with a small amount of seed money.
She has since built Epic into a massive and highly profitable enterprise with a dominant market position. The company's software is used to manage the medical records of hundreds of millions of Americans. She has famously kept the company privately held and has never taken any venture capital or private equity funding, which has allowed her to maintain full control and a long-term focus. She is a signatory of the Giving Pledge, having committed to giving away 99% of her massive fortune to philanthropy.
Advertisement
Judith 'Judy' R. Faulkner is an American businesswoman, the self-made billionaire Founder and CEO of Epic Systems, a massive, privately held provider of electronic health record (EHR) software for major U.S. hospital systems. Born in 1943 in New Jersey, her father was a social worker and her mother a chemist.
Faulkner holds a B.S. in Mathematics from Dickinson College (1965) and an M.S. in Computer Science from the University of Wisconsin–Madison (1967). Her career is defined by her profound commitment to improving healthcare through technology and her unconventional corporate culture (shunning traditional corporate models and located on a massive, themed campus).
Judy Faulkner's strategic genius was her commitment to long-term vision and high-quality software development in the medical field. In 1979, she co-founded Epic Systems (initially as Human Services Computing, Inc.) in a Madison, Wisconsin basement with $70,000 in seed money. The company initially focused on providing software to the University of Wisconsin's Department of Surgery.
Under her leadership as CEO, Epic grew exponentially, becoming the dominant EHR provider for major U.S. hospital systems (controlling over 50 percent of the academic medical center market). Her wealth is secured by the colossal, long-term, stable profitability of the privately held healthcare software sector. She is a Giving Pledge signatory, committing 99 percent of her wealth to philanthropy, ensuring her legacy is one of social impact and medical innovation.
Advertisement
Earns an M.S. in Computer Science from the University of Wisconsin–Madison (Academic Achievement).
Co-founds Epic Systems (initially Human Services Computing, Inc.) in a basement with $70,000 (Founding).
Joins The Giving Pledge, committing 99 percent of her wealth to charity (Philanthropic Milestone).
Epic Systems achieves dominance in the EHR market (Market Dominance).
Continues as Founder and CEO, guiding the private software giant (Executive Oversight).
Judy Faulkner's wealth is concentrated in her founding and controlling ownership of the private software giant, Epic Systems.
Advertisement
Judy Faulkner's social impact is massive and structural, tied to Epic Systems' role in digitizing patient health records for millions of Americans, which is foundational to the modern U.S. healthcare system. Her commitment to the Giving Pledge and her dedication of 99 percent of her wealth to charity provides a massive structural contribution to healthcare, climate change, and social justice initiatives.
Her structural contribution is tied to her belief in data integration and software development as essential tools for solving complex social and medical problems.
Judy Faulkner maintains the pragmatic, low-profile style of a technology executive. Her attire is consistently formal and high-quality, favoring tailored suits. Her aesthetic reflects stability and intellectual authority, contrasting with the often unconventional nature of her company's campus.
Residing in Madison, Wisconsin, her luxury is the immense security and financial reward derived from her multi-billion dollar fortune. Her life is dedicated to software innovation, healthcare reform, and philanthropy.
Advertisement
“Do good, work hard, and never give up.”
Advertisement
+0.44% | +$5.34M
-0.01% | -$0.52M
This profile is compiled from verified biographical and financial records:
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
Sponsored Content