Carl Cook Net WorthReal Name: Carl Cook
Date of Birth: 1/1/1962
Place of Birth: Bloomington, Indiana
2017 Net Worth: $6.5 Billion
Profession: CEO of the Cook Group
Carl Cook Biography
Carl Cook was born in 1962 to Bill and Gayle Cook. Cook attended the University of Iowa where he received an MBA. He also has a bachelor’s degree in electrical engineering that he obtained from Purdue University in 1984. Cook joined the family business in 1988, and then spent his first year setting up computers for his parent’s company in Germany and France. He then went to work at the Leechburg, Pennsylvania plant that makes pacemakers. Later he moved to the Winston-Salem plant. Cook states that his family never pressured him to go into the family business, but he feels very strongly about keeping the Cook Group privately-owned. Cook has stated that he could simply “take the money and run” but that it would leave many employees out in the cold.
Cook helped his parents restore a luxury French Resort, which cost $500 million, as well as the West Baden Springs Hotel between 1996 and 2007. Cook added a casino and PGA golf course which will host the 2015 PGA Senior Championship.
Cooks father, and founder of the family business, passed away in 2013. Cook has since taken over the company, which specializes in catheters and stents that contain pre-injected antibiotics, and has an annual revenue of about $2 billion. The Cook family has remained very private and very little is known about them other than what has been written in a 2008 biography. This book states that Cooks parents, in order to avoid paying high estate taxes, slowly transferred their fortune to their son over a 15 year period.
Cooks family business was started by his father in the guest room of his Bloomington, Indiana apartment in 1963. It has grown into a worldwide entity of 42 companies which employs more than 10,000 persons. The company also owns retail, travel service business, and real estate. Cook has a current net worth of $6.5 billion.