Phillip Ragon
Encyclopedia
Phillip Terrence "Terry" Ragon is an American entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...

 and philanthropist
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...

 who founded InterSystems
InterSystems
InterSystems Corporation is a privately held vendor of software for high-performance database management, rapid application development, integration, and healthcare information systems...

 and is its current CEO. He pledged to donate US $100 million
Million
One million or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. The word is derived from the early Italian millione , from mille, "thousand", plus the augmentative suffix -one.In scientific notation, it is written as or just 106...

 over 10 years period for AIDS
AIDS
Acquired immune deficiency syndrome or acquired immunodeficiency syndrome is a disease of the human immune system caused by the human immunodeficiency virus...

 research through the Phillip T. and Susan M. Ragon Institute
Phillip T. and Susan M. Ragon Institute
Phillip T. and Susan M. Ragon Institute is a medical institute to be created at the Massachusetts General Hospital by the funding from founder and CEO of InterSystems Phillip Ragon and his wife Susan Ragon to find vaccine for diseases of the immune system, particularly AIDS...

 at the Massachusetts General Hospital
Massachusetts General Hospital
Massachusetts General Hospital is a teaching hospital and biomedical research facility in the West End neighborhood of Boston, Massachusetts...

 after witnessing the plight of the disease in South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...

.

He graduated from MIT in 1971.
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