What is the Net Worth of Herb Kelleher at the Time of His Death?

Lakra
Lakra
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What Is The Net Worth Of Herb Kelleher At The Time Of His Death?

Hey readers, I hope you are doing well. In this article, we’ll talk about Herb Kelleher’s net worth in 2022, as well as his career, relationships, and many other things. Let’s get started.

Let’s Find Out Quick Info

Date of BirthMarch 12, 1931
Date of DeathJanuary 3, 2019, Dallas, TX
Place of BirthNew Jersey
CountryUnited States
ProfessionEntrepreneur
Net Worth$2.5 Billion

What is the Net Worth of Herb Kelleher?

Herb Kelleher was a billionaire airline businessman and lawyer. Herb Kelleher helped start Southwest Airlines and was its Chairman Emeritus and CEO at one time. During the 20 years, he ran the airline, it was successful because, among other things, it had low prices and went from one place to another.

What Is The Net Worth Of Herb Kelleher At The Time Of His Death?

Kelleher won a number of awards for what he did, including the Tony Jannus Award and the L. Welch Pogue Award for Lifetime Achievement in Aviation. According to CelebrityNetWorth, at the time of his death in January 2019, Herb was a net worth of $2.5 billion.

How Was the Early Life of Herb Kelleher?

Herbert Kelleher was born in Camden, New Jersey, on March 12, 1931. He grew up in the Audubon borough. There, he went to high school at Haddon Heights. Kelleher went to Wesleyan University in Middletown, Connecticut, for his college education. He got a bachelor’s degree in English there. He then went to the New York University School of Law and got his JD.

Kelleher clerked for a New Jersey Supreme Court justice after graduating from NYU. He subsequently moved to Texas with the goal of opening a law company. In 1969, he joined Oppenheimer, Rosenberg, Kelleher & Wheatley as a partner.

Kelleher and one of his law clients, businessman Rollin King, devised the notion that would ultimately become Southwest Airlines in 1966. Originally, their objective was to provide low-cost air transportation to the Texas Triangle.

In 1967, the company was formed as Air Southwest Co. Southwest Airlines officially launched its first intrastate flights between Dallas, Houston, and San Antonio in 1971. In 1981, he was named the CEO and president of the company.

Under his leadership, Southwest was successful because of things like low prices for passengers, the fact that all of its planes were Boeing 737s, and the use of the point-to-point transit system. In 2001, Kelleher gave up his job as CEO and president of Southwest, but he stayed on as chairman.

He later quit as chairman and left the board of directors in the same year, 2008. After that, Kelleher was named chairman emeritus and given an office at the headquarters of Southwest Airlines. He stayed with the company until his death in 2019.

Herb Kelleher’s Personal Life and Death

Joan Negley was Kelleher’s wife. He met her on a blind date when they were both in college. She was the one who took him to Texas.

Julie, Michael, David, and Ruth were the names of their four kids. In 1999, Kelleher was told he had prostate cancer, which he was able to treat successfully. Early in 2019, he died in Dallas, Texas. He was 87 years old.

Conclusion

Here we have tried our best to cover all the information about Herb Kelleher’s net worth, career, and bio. Hope the above information helps you to know about him. Are all the facts right? Tell us in the comments or through our contact page. We can’t wait to hear from you.

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