LeaderPortfolio
Hancock
Mark Hancock
Rank #1830
UNITED STATESHealthcareNursing facilities

Mark Hancock

Net Worth
$2.236B
-2.08% (24h)
Mark Hancock is the co-founder and Executive Vice Chairman of PACS Group, a publicly traded company operating skilled nursing facilities. His net worth is estimated at $2.4 billion as of March 2026. Hancock, 50 years old, co-founded PACS Group in 2013 with Jason Murray and took the company public in 2024. His career includes roles at Ford Motor Co., Steel Technologies LLC, and Farm Credit Mid-America ACA. Hancock holds degrees from Brigham Young University, including a Bachelor of Science in Engineering and an MBA. His achievements include being named a 2023 Mountain West Entrepreneur of the Year by Ernst & Young.

How to read Mark Hancock'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 Mark Hancock, we anchor the narrative to Nursing facilities and Nursing facilities, 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 $2.236B alongside global rank #1830, 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

Mark Hancock was born in 1976 and is 50 years old. He holds a Bachelor of Science in Engineering and an MBA from Brigham Young University. Before his career in the healthcare industry, Hancock worked for Fortune 500 companies in the auto and steel industries, and as treasurer for a financial services company.

Rise to Success

Hancock co-founded PACS Group with Jason Murray in 2013. They took the company public on the New York Stock Exchange in 2024. PACS Group started with two skilled nursing facilities and has since expanded to 323 facilities in 17 states. Hancock and Murray initially owned 50% of PACS Group before the IPO. Hancock currently owns nearly 35% of the company's shares.

Key Business Strategies

Key to Hancock's success has been the strategic expansion of PACS Group in the post-acute care market. PACS Group invests in various areas, including post-acute care professionals and ancillary services. In 2024, Hancock's private investment firm, PV3, acquired ENVE Composites, a Utah-based bicycle manufacturer.

Philanthropy

When not focused on the skilled nursing industry, Mark enjoys spending time with his family, volunteering for his church, and expanding humanitarian efforts through his family's charitable foundation.

Career Timeline

2023

Mountain West Entrepreneur of the Year

Named 2023 Mountain West Entrepreneur of the Year by Ernst & Young.

2024

PACS Group IPO

Took PACS Group public on the New York Stock Exchange.

2013

Co-founded PACS Group

Co-founded PACS Group with Jason Murray.

2010

Vice President-Finance & Treasurer

Worked at Farm Credit Mid-America ACA.

2007

Director-Corporate Finance

Worked at Steel Technologies LLC.

2000

Finance Manager

Worked at Ford Motor Co.

Philanthropic Impact

Community DevelopmentInformation not available.

Humanitarian Efforts

Expanding humanitarian efforts through his family's charitable foundation.

Key Business Ventures & Holdings

CompanyStakeValue
PACS Group35.00%$1.9M

Net Worth History

In-Depth Analysis

Early Life

Mark Hancock was born in 1976 and is 50 years old. He holds a Bachelor of Science in Engineering and an MBA from Brigham Young University. Before his career in the healthcare industry, Hancock worked for Fortune 500 companies in the auto and steel industries, and as treasurer for a financial services company.

Rise to Success

Hancock co-founded PACS Group with Jason Murray in 2013. They took the company public on the New York Stock Exchange in 2024. PACS Group started with two skilled nursing facilities and has since expanded to 323 facilities in 17 states. Hancock and Murray initially owned 50% of PACS Group before the IPO. Hancock currently owns nearly 35% of the company's shares.

Key Business Strategies

Key to Hancock's success has been the strategic expansion of PACS Group in the post-acute care market. PACS Group invests in various areas, including post-acute care professionals and ancillary services. In 2024, Hancock's private investment firm, PV3, acquired ENVE Composites, a Utah-based bicycle manufacturer.

Philanthropy

When not focused on the skilled nursing industry, Mark enjoys spending time with his family, volunteering for his church, and expanding humanitarian efforts through his family's charitable foundation.

Data Sources & Methodology

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