William Berkley & family
$6.0B
Born
Sep 01, 1946
Age
79
Source of Wealth
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
- 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.
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