W. R. Berkley | Srivideo
W. R. Berkley
Born Name: William Robert Berkley
Born/Date of Birth: 1946
Place of Birth: United States
Education: Harvard University, Harvard Business School, New York University
Organization founded: W. R. Berkley Corporation
William Robert Berkley (born 1946) is the founder and current chairman of W. R. Berkley Corporation and the chairman of the New York University Board of Trustees.
His net worth is $2.5 billion and he is ranked 333rd on the Forbes 400.
Early life and education
Berkley grew up in northern New Jersey as the middle child of 3 boys. When he was 11 years old, his father was killed in an airplane crash. He started investing in the stock market at age 12 with money he made from lawn mowing.
Berkley graduated from the New York University Stern School of Business with an undergraduate degree in 1966. He received an MBA from Harvard Business School in 1968. While at Harvard, he ran a $2 million mutual fund out of an apartment on the Harvard campus with a classmate, Paul Dean.
In 1967, he founded W. R. Berkley Corporation.
In November 1973, when the company became a public company via an initial public offering, he owned 23.8% of the company.
In 2015, he left the CEO position to become Executive Chairman.
Berkley has served as chairman of board at New York University, his alma mater, since 2014.
Berkely is married to Marjorie, who was his secretary when he founded his company. They have 3 children: Lisa, Rob, and Lauren and five grandchildren. He drives a Lexus SUV, admires George Washington, and has a passion for national parks.
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