John Abele
John E. Abele | |
|---|---|
| Born | 1937 United States |
| Occupation | Entrepreneur |
| Known for | Co-founder of Boston Scientific |
John E. Abele (born 1937) is an American entrepreneur recognized as the co-founder of Boston Scientific, a prominent company in the medical device industry. He was honored with the ASME Medal in 2010 and, as of November 2024, holds an estimated net worth of $1.9 billion. Abele entered the Forbes 400 list as a self-made billionaire in 1996. Despite his extensive philanthropic contributions, he remains the sole billionaire residing in Vermont, living in Shelburne. Since 2001, through his private family foundation, the Argosy Foundation, he has contributed more than $130 million to various charitable initiatives.
Early life and education
Raised in what he describes as a "Classic Yankee family," Abele is the youngest among three sons born to Catherine (née Eaton) and Lieutenant Commander Mannert L. Abele, USN, who was in command of the submarine USS Grunion that was lost during World War II in 1942. John and his siblings later supported efforts to locate the Grunion and document its history as well as connect with the families of its crew members.
At the age of seven, Abele was diagnosed with osteomyelitis, a condition that required numerous surgeries and extended periods using crutches. He completed his higher education at Amherst College, earning dual degrees in physics and philosophy, and subsequently served on its board of trustees.
Career
Abele's professional journey began with a company manufacturing light fixtures in the Midwest before relocating to New England to join a small medical enterprise near Boston. Eventually, he co-established Boston Scientific alongside Peter Nicholas.
From 2002 until 2010, he held the position of chairman for FIRST robotics and also contributed as an advisory board member for the USA Science and Engineering Festival.
Personal life
John Abele is married to Mary Abele. The couple lives in Shelburne, Vermont and are parents to three children, one of whom is Chris Abele, who was elected as Milwaukee County executive in 2010.