Mckeel Hagerty Net Worth (Updated 2026).

Mckeel Hagerty, born and raised in Florida, began his career in the insurance industry at a young age. After graduating from the University of Florida with a degree in Business Administration, he joined his family’s insurance business, Hagerty Group, in 1984. Initially, he worked in various roles, gaining a deep understanding of the industry and its intricacies.

In 1997, Hagerty saw an opportunity to specialize in a niche market: classic cars. He founded Hagerty Classic Cars, a company dedicated to providing specialized insurance for vintage vehicles. This unique focus caught the attention of enthusiasts and industry professionals alike, and Hagerty’s reputation began to grow.

**Mckeel Hagerty’s Current Net Worth (2025)**

As of 2025, Mckeel Hagerty’s estimated net worth stands at $1.5 billion. This significant figure reflects his success in the insurance industry and his various business ventures.

**Career**

Mckeel Hagerty is the Chairman and CEO of Hagerty, a company specializing in classic car insurance and valuation tools. He co-founded the company in 1997, transforming it from a small family business into a global leader in its sector.

**Other Ventures**

Beyond Hagerty, Hagerty is also an active investor and entrepreneur. He has stakes in various companies, including those in the tech and automotive industries. Additionally, he serves on several boards, including those of the Petersen Automotive Museum and the Historic Vehicle Association.

**Assets**

Hagerty’s assets include his primary residence in Traverse City, Michigan, valued at around $3 million. He also owns a collection of classic cars, including a 1965 Ford Mustang and a 1955 Mercedes-Benz 300SL, among others. His company, Hagerty, is his most valuable asset, with an estimated worth of over $1 billion.

**Annual Income**

Mckeel Hagerty’s annual income is primarily derived from his role as the CEO of Hagerty. In 2020, his total compensation was approximately $2.5 million, including salary, stock awards, and other compensation. This figure can vary year to year based on the company’s performance.

Frequently Asked Questions about  Mckeel Hagerty

Frequently Asked Questions: Mckeel Hagerty Net Worth

1. What is Mckeel Hagerty’s net worth?

Mckeel Hagerty’s net worth is estimated to be $1.2 billion.

2. How did Mckeel Hagerty make his fortune?

Mckeel Hagerty made his fortune as the founder and CEO of Hagerty, a company that specializes in classic car insurance and valuation services.

3. When was Hagerty founded?

Hagerty was founded in 1983.

4. Where is Mckeel Hagerty based?

Mckeel Hagerty is based in Traverse City, Michigan.

5. Does Mckeel Hagerty have any family members involved in the business?

Yes, Mckeel Hagerty’s son, McKeel Hagerty Jr., is the President of Hagerty.

6. What is Mckeel Hagerty’s educational background?

Mckeel Hagerty graduated from the University of Michigan with a degree in economics.

7. Is Mckeel Hagerty involved in any philanthropic work?

Yes, Mckeel Hagerty is involved in various philanthropic activities, including supporting the arts, education, and healthcare in his local community.

8. What is Mckeel Hagerty’s investment portfolio like?

Mckeel Hagerty’s investment portfolio includes real estate, private equity, and venture capital investments, in addition to his ownership in Hagerty.

9. Has Mckeel Hagerty received any awards or recognitions?

Yes, Mckeel Hagerty has been recognized with various awards, including the Ernst & Young Entrepreneur Of The Year Award in 2015.

10. What is Mckeel Hagerty’s stance on the classic car market?

Mckeel Hagerty is a strong advocate for the classic car market and has expressed his belief in its continued growth and importance.