Frederick Banting Net Worth

Background and career

Sir Frederick Grant Banting (; November 14, 1891 – February 21, 1941) was a Canadian pharmacologist, orthopedist, and field surgeon. For his co-discovery of insulin and its therapeutic potential, Banting was awarded the Nobel Prize in Physiology or Medicine with John Macleod.

Banting and his student, Charles Best, isolated insulin at the University of Toronto in the lab of Scottish physiologist John Macleod. When he and Macleod received the 1923 Nobel Prize in Physiology or Medicine, Banting shared the honours and award money with Best. That same year, the Government of Canada granted Banting a lifetime annuity to continue his work. He is the youngest Nobel laureate for Physiology/Medicine, at 32.