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John Abele

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American businessman
John Abele
Abele in 2017
Born1937 (age 87–88)
New London, Connecticut, US
EducationAmherst College
Occupation(s)Businessman and inventor
Known forCo-founder of Boston Scientific
Board member ofArgosy Foundation
SpouseMary Abele
Children3; including Chris

John E. Abele (born 1937) is an American businessman and co-founder of Boston Scientific, a medical device company. He received the ASME Medal in 2010 and, as of November 2024, has a net worth of $1.9 billion. He was first listed on the Forbes 400 in 1996 as a self-made billionaire. Although he has given away a significant portion of his wealth, he remains Vermont's only billionaire, residing in Shelburne. Through his private family foundation, the Argosy Foundation, Abele has donated over $130 million to charitable causes since 2001.

Early life and education

Abele was raised in a "Classic Yankee family," the youngest of three sons of Catherine (née Eaton) and Lieutenant Commander Mannert Lincoln Abele, USN. His father was the commanding officer of the submarine USS Grunion when the vessel was lost in the Aleutians on July 31, 1942, presumably to enemy action.

John and his brothers later organized, managed, and funded research to locate and photograph the Grunion – which was found in the Bering Sea – document the cause, and locate relatives of all the crew. At the age of seven, Abele was stricken with osteomyelitis, a bacterial infection of the bone, requiring multiple surgeries and years of using crutches. He is a graduate of Amherst College with a double major in physics and philosophy (he later was a trustee).

Career

Abele started his career at a light-fixture company in the Midwest before moving to New England to work for a small medical firm near Boston. He later co-founded Boston Scientific with Peter Nicholas.

He was the chairman of FIRST robotics, and was chairman from 2002 to 2010.

Abele is a member of the USA Science and Engineering Festival's advisory board.

Personal life

Abele is married to Mary Abele. They live in Shelburne, Vermont, and have three children, including Chris Abele. Chris Abele successfully ran for Milwaukee County executive in 2010.

External links

References

  1. ^ "Forbes profile: John Abele". Forbes. Retrieved 14 November 2024.
  2. "John Abele: Always an Educator". mddionline.com. 2015-05-05. Retrieved 2023-08-26.
  3. A. O. L. Staff (2024-04-16). "Forbes released its billionaire list. Here's the one Vermont billionaire". www.aol.com. Retrieved 2024-11-14.
  4. ^ Amherst College: "Flowers on the Water" by Rand Richards Cooper Spring 2009
  5. Stevens, Peter (2012). Fatal Dive: Solving the World War II Mystery of the USS Grunion. Regnery History. ISBN 978-1596987678.
  6. Homans, Charles (2006-08-26). "Long-Lost World War II Sub May Be Found". National Public Radio. Retrieved 2007-07-05.
  7. Business Innovation Factory; "Serendipity, Social Networking and Finding a Needle in a Haystack" retrieved March 8, 2013
  8. "John E. Abele Profile - Forbes.com". Forbes.com. Retrieved 2010-06-09.
  9. Ebeling, Ashlea. "Boston Scientific Cofounder John Abele Has Big Ambitions In Retirement". Forbes. Retrieved 2018-04-06.
  10. "USFIRST.org". USFIRST.org. Archived from the original on 2010-06-12. Retrieved 2010-06-09.
  11. "John E. Abele". FIRST. Archived from the original on 26 December 2010. Retrieved 17 August 2011.
  12. USA Science and Engineering Festival – Advisors Archived 2010-04-21 at the Wayback Machine retrieved 2010-07-05
  13. ^ Greater Milwaukee Business Journal: "Foundation moving to Milwaukee – Chris Abele to head family's philanthropy" by Pete Millard November 17, 2002
  14. Milwaukee Journal Sentinel: "Sources say Abele planning to run for Milwaukee County executive" By Daniel Bice December 17, 2010


Wealthiest people in the United States by state
AL Jimmy Rane AK Leonard Hyde and Jonathan Rubini AZ Ernest Garcia II AR Jim Walton CA Mark Zuckerberg CO Philip Anschutz CT Steve Cohen DE Elizabeth Snyder FL Jeff Bezos GA The Cathys HI Pierre Omidyar ID Frank VanderSloot IL Lukas Walton IN Carl Cook IA Harry Stine KS Charles Koch KY Tamara Gustavson LA Todd Graves ME Susan Alfond MD Annette Lerner MA Abigail Johnson MI Daniel Gilbert MN Glen Taylor MS James and Thomas Duff MO John Morris MT Dennis Washington NE Warren Buffett NV Miriam Adelson NH Richard B. Cohen NJ Rocco B. Commisso NM Ron Corio NY Michael Bloomberg NC James Goodnight ND Gary Tharaldson OH Les Wexner OK Harold Hamm OR Phil Knight PA Jeff Yass RI Jonathan Nelson SC Bob Faith SD T. Denny Sanford TN Thomas Frist Jr. TX Elon Musk UT Gail Miller VT John Abele VA Jacqueline Mars WA Bill Gates WV Brad D. Smith WI John Menard Jr. WY John Mars
Recipients of the ASME Medal
1921–1950
1951–1975
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