{"id":4661,"date":"2024-04-20T18:52:39","date_gmt":"2024-04-20T18:52:39","guid":{"rendered":"http:\/\/medexperts.pro\/?p=4661"},"modified":"2024-04-20T19:24:17","modified_gmt":"2024-04-20T19:24:17","slug":"martin-wygod-a-winner-on-wall-street-and-the-racetrack-dies-at-84","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=4661","title":{"rendered":"Martin Wygod, a Winner on Wall Street and the Racetrack, Dies at 84"},"content":{"rendered":"
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After he made a fortune selling prescription drugs and providing medical information online, he and his wife became leading breeders of thoroughbred horses.<\/p>\n

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Martin J. Wygod, a Wall Street whiz who graduated from walking horses after races to owning and breeding championship thoroughbreds when he made millions from investing in online companies that sold pharmaceuticals by mail and pruned medical paperwork, died on April 12 in San Diego. He was 84.<\/p>\n

His daughter, Emily Bushnell, said he died in a hospital from complications of lung disease.<\/p>\n

Raised near two racetracks in suburban New York and mentored by a software pioneer, an investor and a gambler, Mr. Wygod was said to have been the youngest managing partner of a New York Stock Exchange brokerage in the 1960s. He became a millionaire before he was 30, and in 1993 he sold Medco Containment Services to Merck for $6 billion<\/a> after building it into the nation\u2019s largest mail-order prescription drug company and benefit manager in less than a decade. The sale netted Mr. Wygod<\/a> $250 million.<\/p>\n

\u201cThe name of the game in the future is going to be information,\u201d Jan Buck, chairman of Princeton Group International, a pharmaceutical industry consulting firm, commented on the sale to The New York Times<\/a> in 1994. \u201cMarty Wygod made $6 billion for himself because he developed a data base.\u201d<\/p>\n<\/div>\n<\/div>\n

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Mr. Wygod, who at the time was the chairman WebMD, outside his office in Rancho Santa Fe, Calif., in 2007. Ten years later he would sell the company for a reported $2.8 billion.<\/span>Sandy Huffaker for The New York Times<\/span><\/span><\/span><\/figcaption><\/figure>\n<\/div>\n<\/div>\n
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Mr. Wygod then became the chairman of WebMD, a leader in online health information services, which he sold in 2017 for a reported $2.8 billion.<\/p>\n<\/div>\n<\/div>\n

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He married Pamela Yellin in 1980, and in 1995 they moved from New Jersey to River Edge Farm, a 110-acre spread in Buellton, Calif., where they raised fillies and colts to become top racehorses.<\/p>\n

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After he made a fortune selling prescription drugs and providing medical information online, he and his wife became leading breeders of thoroughbred horses.Martin J. Wygod, a Wall Street whiz who graduated from walking horses after races to owning and breeding championship thoroughbreds when he made millions from investing in online companies that sold pharmaceuticals by mail and pruned medical paperwork, died on April 12 in San Diego. He was 84.His daughter, Emily Bushnell, said he died in a hospital from complications of lung disease.Raised near two racetracks in suburban New York and mentored by a software pioneer, an investor and a gambler, Mr. Wygod was said to have been the youngest managing partner of a New York Stock Exchange brokerage in the 1960s. He became a millionaire before he was 30, and in 1993 he sold Medco Containment Services to Merck for $6 billion after building it into the nation\u2019s largest mail-order prescription drug company and benefit manager in less than a decade. The sale netted Mr. Wygod $250 million.\u201cThe name of the game in the future is going to be information,\u201d Jan Buck, chairman of Princeton Group International, a pharmaceutical industry consulting firm, commented on the sale to The New York Times in 1994. \u201cMarty Wygod made $6 billion for himself because he developed a data base.\u201dMr. Wygod, who at the time was the chairman WebMD, outside his office in Rancho Santa Fe, Calif., in 2007. Ten years later he would sell the company for a reported $2.8 billion.Sandy Huffaker for The New York TimesMr. Wygod then became the chairman of WebMD, a leader in online health information services, which he sold in 2017 for a reported $2.8 billion.He married Pamela Yellin in 1980, and in 1995 they moved from New Jersey to River Edge Farm, a 110-acre spread in Buellton, Calif., where they raised fillies and colts to become top racehorses.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":4663,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-4661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/4661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4661"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/4661\/revisions"}],"predecessor-version":[{"id":4664,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/4661\/revisions\/4664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/4663"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}