Albert Ueltschi Net Worth

$2,100,000,000

Albert Ueltschi, the famous founder and chairman of FlightSafety International, had a net worth of $2.1 billion. Considered the father of modern aviation training, Ueltschi’s success in the aviation industry was evident in his immense wealth.

Key facts:

  • Albert Ueltschi was the founder and chairman of FlightSafety International, a leading aviation training company.
  • He was considered the father of modern aviation training and made significant contributions to the industry.
  • Ueltschi had a close association with notable airline entrepreneur Juan Trippe and was also an associate of Charles Lindbergh.
  • He started his aviation career by opening a hamburger stand called 'Little Hawk' to raise money for flying lessons.
  • In 1951, Ueltschi established FlightSafety International, which became one of the most renowned aviation training companies in the world.
  • In 1968, he took the company public, and in 2006, he sold it to Warren Buffett's Berkshire Hathaway for $1.5 billion in stock.
  • Beyond his contributions to aviation, Ueltschi was also involved in charitable work. He served as the Chairman Emeritus of Orbis International, one of the largest blindness charity foundations globally.
  • In 201, he and his son Jim founded HelpMeSee, an organization aimed at addressing cataract blindness in developing countries.

Basic Information About Albert Ueltschi

CategoryBusiness
Net worth$2,100,000,000
Date of birth1917-05-15
Place of birthKentucky
Date of death2012-10-18 (aged 95)
NationalityUnited States of America
GenderMale
Social Mediaβ†—οΈŽ Wikipedia

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