Rank #731
William Berkley & family
Net worth $5.7B
Insurance · United States
- Born
- Sep 01, 1946
- Age
- 79
- Source
- Insurance
- Residence
- Coconut Grove, Florida
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Master of Business Administration, Harvard University; Bachelor of Arts/Science, New York University
Net worth over time
Biography
- William R. Berkley founded insurance firm W.R. Berkley with only $2,500 in 1967 while he was getting his MBA from Harvard.
- His company, which went public in 1974, insures everything from medical equipment to jewels to fine art and has operations in more than 60 countries.
- Berkley stepped down as CEO in 2015 but remains chairman; he owns 20% of the company, which generated $13.7 billion in 2024 revenue.
- His son, William Robert Berkley Jr., is the current CEO and president.
- Berkley is chair emeritus of the board of trustees of NYU, his alma mater.
- He has historically been an active political donor, contributing to Democratic campaigns over the years.
Financial assets
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