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Jeffrey Michael & family
Rank #2791
UNITED STATESTechnologyData management

Jeffrey Michael & family

Net Worth
$1.347B
+0.06% (24h)
Jeffrey Michael, born in 1955 or 1956, is a prominent figure in the technology industry, best known for co-founding CorVel Corporation in 1987. His primary wealth source is data management, and he has played a pivotal role in transforming CorVel into a leading provider of workers' compensation solutions. As of April 2022, his net worth was estimated at $1.1 billion USD. Michael resides in Minnetonka, Minnesota, with his family and has been recognized for his significant contributions to the workers' compensation industry.

How to read Jeffrey Michael & family's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Jeffrey Michael & family, we anchor the narrative to Data management and Data management, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.347B alongside global rank #2791, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Limited information is available about Jeffrey Michael's early years and childhood.

Rise to Success

Jeffrey Michael co-founded CorVel Corporation (originally FORTIS) in 1987, alongside Gordon Clemons and Jim Michael. The company began as a merger of three small vocational rehabilitation firms valued at approximately $2 million and employing over 200 associates. Under his leadership, CorVel has grown into a significant provider of workers' compensation solutions.

Key Business Strategies

Jeffrey Michael played a pivotal role in the growth and success of CorVel Corporation, transforming it into a leading provider in its field.

Philanthropy

Jeffrey Michael is known for his philanthropic efforts and has made significant contributions to various charitable organizations, although specific details of his philanthropic activities are not readily available.

Career Timeline

1987

Co-founded CorVel Corporation

Co-founded CorVel Corporation (originally named FORTIS) with Gordon Clemons and Jim Michael.

Philanthropic Impact

CharityUnknown

Various Charitable Organizations

Jeffrey Michael is known for his philanthropic efforts and has made significant contributions to various charitable organizations.

Key Business Ventures & Holdings

CompanyStakeValue
CorVel Corporation38.00%

Net Worth History

In-Depth Analysis

Early Life

Limited information is available about Jeffrey Michael's early years and childhood.

Rise to Success

Jeffrey Michael co-founded CorVel Corporation (originally FORTIS) in 1987, alongside Gordon Clemons and Jim Michael. The company began as a merger of three small vocational rehabilitation firms valued at approximately $2 million and employing over 200 associates. Under his leadership, CorVel has grown into a significant provider of workers' compensation solutions.

Key Business Strategies

Jeffrey Michael played a pivotal role in the growth and success of CorVel Corporation, transforming it into a leading provider in its field.

Philanthropy

Jeffrey Michael is known for his philanthropic efforts and has made significant contributions to various charitable organizations, although specific details of his philanthropic activities are not readily available.

Data Sources & Methodology

Figures for Jeffrey Michael & family are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.