Portrait of Patrick Ryan

Rank #566

Patrick Ryan

Net worth $7.0B

Insurance · United States

Born
May 15, 1937
Age
89
Source
Insurance
Residence
Winnetka, Illinois
Citizenship
United States
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, Northwestern University

Net worth over time

Biography

  • Patrick Ryan is founder and executive chairman of Chicago-based Ryan Specialty Holdings, a wholesale brokerage and specialty insurance firm.
  • His first brokerage, Ryan Insurance, merged with Combined Insurance in 1982 to form Aon, one of the largest insurance firms today.
  • He left Aon in 2008 after 41 years as CEO, and founded what became Ryan Specialty Holdings two years later.
  • In 2021, Ryan brought RSH public in an IPO that valued the company at $1.3 billion.
  • Ryan and his wife were already the largest benefactors in Northwestern's history before announcing a $480 million gift to their alma mater in 2021.
  • Ryan owns 10% of the Chicago Bears, the very first football team in the NFL.
  • Ryan's first business venture was selling scrapbooks to female students to pay for Northwestern.

Financial assets

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