Jeff Immelt Net Worth (Updated 2025).

Jeff Immelt, born in 1956, kicked off his career in the early 1980s, fresh out of Harvard Business School. He joined General Electric (GE), a multinational conglomerate, as a financial management program participant. This was his entry point into the corporate world, setting the stage for his remarkable ascent.

Immelt’s rise within GE was steady and notable. He held various leadership roles, including heading the company’s critical medical systems division. In 2001, at the age of 45, he was appointed as the CEO, succeeding the legendary Jack Welch. This marked a significant milestone in his career, making him one of the youngest CEOs in GE’s history.

Jeff Immelt’s Current Net Worth (2025)

As of 2025, Jeff Immelt’s net worth is estimated to be around $200 million, according to recent reports. This significant wealth accumulation can be attributed to his successful business career and various investments.

Career

Jeff Immelt, a prominent American business executive, served as the Chairman and CEO of General Electric (GE) from 2001 to 2017. He joined GE in 1982 and held various leadership roles before taking the helm. Immelt is credited with transforming GE’s portfolio and navigating the company through challenging economic times.

Other Ventures

After stepping down from GE, Immelt founded NewCo, a venture capital firm, in 2018. He also serves on several corporate boards, including those of Amazon and Verizon. Additionally, Immelt is a co-founder of a cybersecurity startup, Tanium, and has invested in various other tech and healthcare startups.

Assets

Jeff Immelt’s assets include a substantial stake in GE, which he acquired during his tenure as CEO. He also owns significant real estate, including a 15,000-square-foot mansion in Westport, Connecticut, valued at around $10 million. Immelt’s art collection, which includes works by Andy Warhol and Roy Lichtenstein, is also a notable asset.

Annual Income

In his final year at GE, Immelt’s total compensation was approximately $20 million, which included his base salary, bonus, and stock awards. Since leaving GE, his annual income has primarily come from his ventures with NewCo and his board seats, though the exact figures are not publicly disclosed.

Frequently Asked Questions about  Jeff Immelt

Frequently Asked Questions: Jeff Immelt Net Worth

1. What is Jeff Immelt’s net worth?

Jeff Immelt’s net worth is estimated to be around $250 million.

2. How did Jeff Immelt make his money?

Jeff Immelt made his fortune primarily through his career at General Electric (GE). He served as the company’s CEO from 2001 to 2017, during which time he also served on the company’s board of directors. Additionally, he has held various other executive positions and has been involved in several business ventures.

3. What is Jeff Immelt’s salary?

As of 2021, Jeff Immelt’s annual salary is not publicly disclosed. However, during his time as CEO of GE, his total compensation, which included salary, stock awards, and other forms of compensation, was reported to be around $20 million in 2016.

4. What is Jeff Immelt’s role at General Electric?

Jeff Immelt served as the Chairman and CEO of General Electric from 2001 to 2017. He also served on the company’s board of directors. In 2017, he stepped down from his role as CEO and was succeeded by John Flannery. Immelt remained as Chairman until December 2017, when he was succeeded by H. Lawrence Culp Jr.

5. What is Jeff Immelt’s educational background?

Jeff Immelt holds a Bachelor of Science degree in Applied Mathematics and Economics from Dartmouth College, as well as a Master of Business Administration degree from Harvard Business School.

6. What other companies has Jeff Immelt been involved with?

In addition to his role at General Electric, Jeff Immelt has been involved with several other companies. He currently serves as a senior advisor at Boston Consulting Group and is a member of the board of directors at several companies, including 3M, Microsoft, and Amazon. He also served as the Chairman of the U.S. Business Council from 2012 to 2017.

7. What is Jeff Immelt’s investment portfolio like?

Jeff Immelt’s investment portfolio is not publicly disclosed. However, it is known that he has invested in several venture capital funds and startups, including Uber, Airbnb, and Warby Parker. He is also a co-founder and partner at NewCo, a venture capital firm that focuses on investing in early-stage technology companies.

8. What is Jeff Immelt’s philanthropic work like?

Jeff Immelt has been involved in several philanthropic efforts throughout his career. He has served on the board of directors for several non-profit organizations, including the Smithsonian Institution and the National Academy Foundation. He has also been involved in initiatives focused on education, healthcare, and environmental sustainability.

9. What are Jeff Immelt’s political views?

Jeff Immelt’s political views are not widely known. However, he has been involved in politics in various capacities, including serving as the Chairman of the U.S. Business Council and participating in the World Economic Forum. He has also made political donations to both Democratic and Republican candidates in the past.

10. What is Jeff Immelt’s family like?

Jeff Immelt is married and has three children. His wife, Andrea, is a former attorney and philanthropist. His children are all grown and have pursued careers in various fields, including finance, law, and non-profit work. Immelt has also been known to be a family man and has spoken publicly about the importance of work-life balance.