What's Happening?
Carl Cook, CEO of the Bloomington-based medical device manufacturer Cook Group, has been listed as one of the 400 richest people in America according to Forbes in 2025. Cook, aged 63, holds the position of the richest man in Indiana, ranking 103rd on the Forbes list with a net worth of $11.7 billion, up from $10.7 billion in 2024. He assumed leadership of Cook Group, founded by his parents in 1963, following his father's death in 2011. The company remains headquartered in Bloomington, Indiana, and continues to be a significant player in the medical device industry.
Why It's Important?
Carl Cook's ranking on the Forbes list underscores the economic impact of Cook Group in the medical device sector, both nationally and globally. As the richest individual in Indiana, Cook's financial success highlights the potential for regional businesses to achieve substantial growth and influence. The increase in his net worth reflects the company's ongoing innovation and market presence, which can drive advancements in healthcare technology. This recognition also brings attention to the economic contributions of family-owned businesses in the U.S., emphasizing their role in job creation and industry development.
