James LeVoy Sorenson
James LeVoy Sorenson | |
---|---|
Born | |
Died | January 20, 2008 | (aged 86)
Occupation | Businessman |
Spouse | Beverley Taylor Sorenson |
Children | 8 |
James LeVoy Sorenson (July 30, 1921 – January 20, 2008) was an American businessman, the founder of Sorenson Companies, a parent company of 32 corporations.[1] A noted philanthropist, he was the richest man in Utah with an estimated net worth of $4.5 billion at the time of his death.[2] He donated his entire personal fortune to charity.[3]
Early life
Sorenson was born in Rexburg, Idaho, the son of Joseph LeVoy and Emma Blaser Sorenson, and was of Swedish, Norwegian and Swiss ancestry.[4]
Career
With only a high school diploma, he made a fortune in local real estate before expanding in other directions such as innovative technology. Sorenson holds roughly 60 patents, and is credited with a number of medical inventions including the disposable surgical mask and the disposable venous catheter.[5]
One of his companies, Sorenson Genomics, has also begun a genetic database known as the Sorenson Molecular Genealogy Foundation, and claims to be the only laboratory in the world to have successfully identified victims in Thailand of the 2004 tsunami.
In 1982, Sorenson received the Golden Plate Award of the American Academy of Achievement.[6]
In 2003, Sorenson was honored as the "Alumnus of the Year" by Sierra College in Rocklin, California, which he attended from 1940 to 1941. His pre-med studies were interrupted by World War II and a mission for The Church of Jesus Christ of Latter-day Saints.
On Wednesday, February 15, 2006, Sorenson received the "Giant of Our City" award in Salt Lake City for his philanthropy and effort in identifying the tsunami victims.
Upon his death, Sorenson donated his entire personal fortune to charity.[3]
Personal life
He was married to Beverley Taylor Sorenson, a great granddaughter of LDS Church President John Taylor. They had eight children — Carol Smith, Shauna Johnson, James Lee Sorenson, Ann Crocker, Joan Fenton, Joseph Sorenson, Gail Williamsen and Christine Harris.[4]
Sorenson died on January 20, 2008 of cancer, aged 86. He was survived by a large extended family, including his wife, eight children and 47 grandchildren.[7]
See also
References
- ^ Miller, Matthew (March 1, 2004). "Shrewd, Very Shrewd". Forbes Magazine.
- ^ "Forbes.com - Magazine Article". www.forbes.com. Retrieved 27 August 2018.
- ^ a b Rindone, Marisa. "Billionaire Sorenson Gave It All Away". Forbes. Retrieved 2018-08-18.
- ^ a b By THE ASSOCIATED PRESSJAN. 22, 2008 (2008-01-22). "James Sorenson, Medical Device Pioneer, Is Dead at 86 - The New York Times". Nytimes.com. Retrieved 2017-06-13.
- ^ "Sorenson Legacy Foundation". sorensonlegacyfoundation.org. Retrieved 27 August 2018.
- ^ "Golden Plate Awardees of the American Academy of Achievement". www.achievement.org. American Academy of Achievement.
- ^ "Obituary: James LeVoy Sorenson". Deseret News. January 22, 2008.
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- 1921 births
- 2008 deaths
- American billionaires
- American health care businesspeople
- American Latter Day Saints
- American Mormon missionaries in the United States
- People from Rexburg, Idaho
- Businesspeople from Salt Lake City
- Deaths from cancer in Utah
- 20th-century Mormon missionaries
- 20th-century American philanthropists
- 20th-century American businesspeople