Who is Chicago's biggest billionaire? Meet Rishi Shah
The source of Rishi Shah's $3.6 billion estimated net worth is his 80% stake in his startup Outcome Health.
Rishi Shah: Unknown entrepreneur to tech billionaire
Ten years after dropping out of college, an unknown entrepreneur named Rishi Shah has become Chicago's new billionaire.
The 31-year-old grew up in the Chicago suburb of Oak Brook, he is the son of a doctor who emigrated from India.
The source of his $3.6-billion estimated net worth is his 80% stake in his startup Outcome Health, which places iPad-like tablets and large-format touch screens in doctor?s waiting rooms and offices.
Founded in 2006 by Rishi Shah and Shradha Agarwal. iPad-like tablets and large-format touch screens are in most US doctor?s waiting rooms and offices.
Outcome Health?s platform has a presence in almost 20% of doctors? offices in the United States, impacting more than 580 million patients.
Shradha Agarwal: Outcome President & Co-founder
Rishi attended Northwestern University as a transfer student, where he met a woman named Shradha Agarwal, now Outcome?s president and co-founder.
Both worked on a campus magazine and eventually founded a company called ContextMedia, later it was named Outcome Health.
President and co-founder Shradha Agarwal attended the Cannes Lions International Festival of Creativity as a Lions Health speaker on June 17, 2017, the InterbrandHealth-hosted panel named The Creative Future of Healthcare.
Co-Founders of Outcome Heath at #SqauwkCNBC
Rishi Shah, Outcome Health CEO, and Shradha Argawal, Outcome Health president, discuss how their company's technology is helping patients and physicians.
Google invests in Outcome Health
Outcome Health raised more than $500 million from investors this year led by Goldman Sachs, Pritzker Group Venture Capital and Google's parent company, Alphabet.
Rishi Shah CEO of Outcome Health tweeted a picture with his mom on My 14.
The post says, " Happy Mother's Day Mom! I'm so lucky to have you as a mom, teacher, mentor and friend. You made me believe in myself:)".
The initial idea for a company providing content for doctor?s offices was inspired by his sister.
?My sister has type 1 diabetes,? Shah says. ?If she gets on an insulin pump and she is able to achieve better blood sugar control and she is checking her blood sugar more effectively, the device manufacturer wins, the insulin manufacturer wins, the blood glucometer wins, the doctor wins, but the payer wins most of all. And she wins personally," he told Forbes magazine.
Rishi Shah and Dr. Jordon Shlain
Dr. Jordan Shlain and CEO of Outcome Health Rishi Shah take the stage to discuss health matters.
CEO Rishi Shah: Happy Thanksgiving World, grateful to all of you!
Rishi tweeted a photograph on Thanksgiving, wishing Happy Thanksgiving World, grateful to all of you!
Shah is the son of a doctor who emigrated from India, his mother managed his father?s medical practice.