Portrait of J. Hyatt Brown

Rank #1857

J. Hyatt Brown

Net worth $2.3B

Insurance · United States

Born
Jul 12, 1937
Age
88
Source
Insurance
Residence
Ormond Beach, Florida
Citizenship
United States
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, University of Florida

Net worth over time

Biography

  • J. Hyatt Brown chairs New York Stock Exchange-traded Brown & Brown, the fourth largest insurance brokerage in the U.S.
  • His father, J. Adrian Brown, cofounded the company in Daytona Beach in 1939, and Hyatt became CEO in 1961.
  • Under Hyatt, Brown & Brown grew from a local, family-owned business into a firm with over 15,000 employees and 500 locations worldwide.
  • Hyatt's son J. Powell Brown took over as CEO in 2009; the elder Brown remains chairman.
  • J. Hyatt Brown owns 15% of Brown & Brown, which trades on the New York stock exchange.
  • Brown was elected to the Florida House of Representatives in 1972 and served as the Speaker of the House in Florida from 1978 to 1980.
  • The Cici and Hyatt Brown museum in Daytona Beach, Florida, is home to the largest collection of Florida art in the world.

Financial assets

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