American businesswoman and investor, Karen S. Lynch is certainly a force to be reckoned with in the corporate world. As Chief Executive Officer and President of CVS Health, Lynch was instrumental in the operation of the largest number of independently operated COVID-19 testing sites in America. Throughout the course of her lengthy career, she has held executive positions for numerous Fortune 500 companies.
In February 2021, she assumed the position of president and CEO of CVS Health – effectively making her the most powerful woman in the American corporate world. It should be noted that CVS Health is the fourth largest company by revenue in the United States. Not to mention the fact that it is the largest company in the healthcare sector.
Factoring her phenomenal success in the American corporate world, for years people have speculated on Karen S. Lynch’s net worth. Thus, we here at Sophisticated Investor decided to answer the question, “What is Karen S. Lynch’s net worth?”. As a result, we here at Sophisticated Investor assembled all publicly available information on Lynch to answer that question.
Yet, it’s important to remember that these figures are approximations, and may not necessarily reflect Karen S. Lynch’s exact net worth. However, we did source all of the publicly available assessments so this likely represents a probable scope of her fortune.
Karen S. Lynch
|Date of Birth||December 30, 1963|
|Title||Chief Executive Officer and President|
|Best Known For||Becoming the highest-ranking female chief executive on the Fortune 500 list|
|Net Worth (USD)||$50 million to $70 million|
What Is Karen S. Lynch’s Net Worth?
Based on research, Karen S. Lynch’s net worth falls somewhere within the $50 million to $70 million range. In 2021, Lynch received approximately $20.4 million in total compensation as president and CEO of CVS Health according to its annual SEC proxy statement.
Karen S. Lynch Biography
Karen S. Lynch was born on December 30, 1963, in Ware, Massachusetts. Lynch received her Bachelor of Science in Accounting from Boston College, and her MBA from Boston University. After graduation, Lynch worked in insurance at the Boston office of Ernst & Young. She held that position for almost 10 years before deciding to acquire her MBA.
Throughout her career, Lynch has held executive positions at several major healthcare companies in the United States, including Cigna, Magellan Health, and Aetna. In fact, she became Aetna’s first female president in 2015, after previously holding the position of executive vice president and head of Specialty Products.
In February 2021, Lynch assumed the position of president and CEO of CVS Health. This made her the most powerful highest-ranking female CEO on the Fortune 500 list. Under Lynch’s leadership, as of late 2021, CVS Pharmacy locations had administered COVID-19 vaccines to over 44,000 long-term care facilities across all 50 states.
How Did Karen S. Lynch Build Her Wealth?
Karen S. Lynch accumulated her wealth primarily through the numerous executive positions she has held at major US healthcare companies. Based on research, Lynch owns at least 165,286 units of CVS Health shares.
In addition, for the first year of her tenure as president and CEO of CVS Health, Lynch received a compensation package totaling approximately $20.4 million in total compensation
How Is Karen S. Lynch’s Net-Worth Calculated?
Basically, Karen S. Lynch’s net worth is calculated with assets subtracted by her liabilities. For several years she has collected height-figure annual compensation from the various executive positions she has held at major American healthcare companies.
Who Else Invests Like Karen S. Lynch?
Not every investor invests in the same manner. To compare investors like Karen S. Lynch, have a look at these other investor profiles:
Want to Invest Like Karen S. Lynch?
Having a staggering net worth tantamount to that of Karen S. Lynch’s is not a likelihood for the average investor. Yet, investors can ensure a diversified portfolio for a comfortable retirement by investing in alternative assets like precious metals with self-directed IRAs.
To get started, diversify your portfolio with alternative assets such as precious metals not correlated to the potential volatility of the stock market. To gain better insight into your options with this type of retirement account, have a look at our reviews for the best Precious Metals IRA companies.