My First Million

Martin Shkreli Reveals How He Made His First $100M

67 snips
Apr 20, 2023
Martin Shkreli, the controversial pharmaceutical entrepreneur and former hedge fund manager, joins the conversation to share how he turned $2M into $1B in the pharma world. He discusses the motivations behind his infamous drug price hikes and reflects on his time in prison. Shkreli introduces his new venture, Dr. Gupta AI, exploring the intersection of healthcare and technology. With a candid look at the complexities of drug pricing and the ethical implications of AI in medicine, he provides a thought-provoking glimpse into his ambitions and experiences.
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ANECDOTE

Early Career

  • Martin Shkreli worked with Jim Cramer while still in a complicated high school situation.
  • He was already known for challenging authority figures, like dressing down the principal on his first day.
ANECDOTE

Unconventional Interactions

  • Shkreli challenged a CEO for not owning company stock, creating an uncomfortable meeting.
  • He also invited a critical CNN reporter to a gala after she refused to interview him on his own platform.
ANECDOTE

First Million

  • Shkreli claims he didn't make money in hedge funds due to management issues and not taking fees.
  • His first significant wealth came from founding Retrophin, a pharmaceutical company, at age 29.
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