In healthcare technology, few names resonate as powerfully as Judy Faulkner’s. This remarkable woman, the brain behind Epic Systems, has transformed the sector and, in the process, has crafted an extraordinary financial story.
What could be the net worth of such an influential figure? To discover the answer and gain insights into her intriguing economic narrative, continue reading this comprehensive deep-dive into Judy Faulkner net worth.
Contents
What is Judy Faulkner Net Worth and Salary in 2023?
| Information | Details |
| Gender | Female |
| Birth Date | August 1943 |
| Age | 79 years old |
| Education | Bachelor’s degree in Mathematics, Master’s degree in Computer Science |
| Birth Place | Madison, Wisconsin, USA |
| Nationality | American |
| Net Worth | $7.5 billion |
| Source of Wealth | Founder and CEO of Epic Systems Corporation |
| Height | Not available |
According to Forbes, Judy Faulkner’s net worth is estimated at $7.5 billion. This means she has $500 million more than last year, 2022, when she was worth $7 billion. In 2023, people say she makes $100 million a year.
Why is Judy Faulkner Famous?
Judy Faulkner is well-known because she started and runs Epic Systems, a top healthcare software company. Her work, which primarily revolves around electronic health records (EHR), has transformed how healthcare providers manage, share, and utilize patient data.
Today, people widely recognize her contributions to healthcare IT, and Forbes includes her in their list of the most powerful women in the world.
Judy Faulkner’s Overview
Early Life
Judy Faulkner was born in August 1943 and grew up in Erlton in Cherry Hill, New Jersey. Her dad, Louis, worked as a pharmacist, and her mom, Del, was a boss at a group called Oregon Physicians for Social Responsibility.
She graduated from Moorestown Friends School in 1961. Judy Faulkner went to Dickinson College and got a degree in math.
Then she went to the University of Wisconsin–Madison to get a master’s degree in computer science. While there, she learned how to code herself in just one week. This coding skill became important in her job later on.
Career
In 1979, she co-founded Human Services Computing, which later became Epic Systems, with Dr. John Greist.
The business began in a basement on University Avenue in Madison, Wisconsin. Judy Faulkner started it with only $70,000, which she got from her friends and family.
Faulkner wrote the original code for the company on a Data General Eclipse 16-bit minicomputer. She takes pride in the fact that Epic is a homegrown company.
They have never acquired another company, and Faulkner has expressed that they will never become publicly traded.
By 2013, Forbes had recognized her as the most powerful woman in healthcare, Epic Systems held the medical records of over 200 million people.
In 2014, Judy Faulkner controlled $1.7 billion in revenues from Epic Systems, a privately-held company selling electronic health systems.
Roughly half the U.S. population stored medical information in Epic digital records. Clients included Cleveland Clinic, Johns Hopkins, and CVS Caremark, which signed on in 2014.
By 2023, Faulkner’s influence and the reach of Epic Systems had grown exponentially. Despite the company’s massive growth and success, Faulkner and her family still owned 43 percent of Epic Systems.
Personal Life
Judy Faulkner is married to Dr. Gordon Faulkner, a pediatrician. Judy and her husband live in Madison, Wisconsin, and have three kids. Besides her amazing job, Judy is famous for giving money to help others.
In 2015, she promised to provide 99% of her money to good causes like other favorite helpers like Warren Buffett and Bill Gates.
FAQs about Judy Faulkner
How old is Judy Faulkner?
Judy Faulkner age is 79 years old.
How tall is Judy Faulkner?
Judy Faulkner height is unknown.
Where does Epic make money?
Epic Games makes money in two main ways. First, when games that use Epic Games’ Unreal Engine make more than $1 million, Epic Games gets 5% of that total money.
Second, they also earn money from the games they create themselves. Much of this money comes from Fortnite, free for everyone to play.
How much money does Epic make in a day?
Epic Games earns about $1.4 million each day. In a typical month, they usually make nearly $41.7 million.
Conclusion
Judy Faulkner’s story, brimming with courage and innovation, is a beacon of possibility. Judy Faulkner’s story is highly appealing if you’re interested in starting a business or appreciate success stories.
At Hereofamily, we are dedicated to bringing you such inspiring stories. If you want to learn more about trailblazers like Judy Faulkner, we invite you to delve into our collection of well-researched and captivating articles.
