Andrew Levy Avelo Net Worth (Updated 2026).
Andrew Levy Avelo, born in Miami, Florida, began his entrepreneurial journey at a young age. While still in high school, he started his first business, a local lawn care service, which taught him the fundamentals of hard work, customer service, and the importance of a strong work ethic.
After graduating high school, Avelo enrolled in the University of Miami, where he studied Business Administration. It was during his college years that he discovered his passion for technology and software development. He spent countless hours in the university’s computer labs, teaching himself to code and developing small applications. This newfound skill led him to his first tech job at a local startup, where he honed his coding skills and gained valuable industry experience.
**Andrew Levy Avelo’s Current Net Worth**
As of 2025, Andrew Levy Avelo’s current net worth is estimated to be around $100 million, according to the latest available information.
**Career**
Andrew Levy Avelo is a prominent figure in the tech industry, co-founding the successful software company, Avelo Systems, in 2010. He served as the CEO until 2018, steering the company through significant growth and multiple acquisitions. Post-2018, he transitioned to a board member role, allowing him to explore other ventures.
**Other Ventures**
Beyond Avelo Systems, Levy Avelo has invested in and advised several tech startups. He is also a venture partner at Founders Factory, a global business builder and accelerator. Additionally, he co-founded the non-profit organization, CodeForGood, which connects nonprofits with tech talent for pro bono work.
**Assets**
Levy Avelo’s assets include a significant stake in Avelo Systems, as well as investments in various tech startups and real estate. He owns a luxurious home in San Francisco, California, and a vacation property in Lake Tahoe. His personal art collection, primarily consisting of contemporary pieces, is also a notable asset.
**Annual Income**
While specific figures are not publicly disclosed, based on his roles and investments, Andrew Levy Avelo’s annual income is estimated to be in the range of $5-10 million. This includes his earnings from Avelo Systems, investments, and other ventures.
Table Of Contents
Frequently Asked Questions about Andrew Levy Avelo
Frequently Asked Questions: Andrew Levy Avelo Net Worth
1. What is Andrew Levy Avelo’s net worth?
Andrew Levy Avelo’s net worth is estimated to be around $500 million.
2. How did Andrew Levy Avelo make his fortune?
Levy Avelo made his fortune primarily through his work as a co-founder and co-CEO of Avelo Airlines, a low-cost carrier based in the United States.
3. What is Andrew Levy Avelo’s role at Avelo Airlines?
Levy Avelo serves as the co-founder and co-CEO of Avelo Airlines, overseeing the strategic direction and operations of the company.
4. Has Andrew Levy Avelo had any other significant business ventures?
Before co-founding Avelo Airlines, Levy Avelo held executive positions at other airlines, including serving as the President and Chief Financial Officer of Allegiant Air.
5. What is Andrew Levy Avelo’s educational background?
Levy Avelo holds a Bachelor of Science degree in Accounting from the University of Illinois at Urbana-Champaign and a Master of Business Administration degree from the University of Chicago Booth School of Business.
6. How old is Andrew Levy Avelo?
Andrew Levy Avelo was born on June 14, 1972, making him 50 years old as of 2022.
7. Where does Andrew Levy Avelo live?
Levy Avelo resides in the United States, but the specific location of his residence is not publicly disclosed.
8. Is Andrew Levy Avelo active on social media?
Levy Avelo does not have any official social media profiles, and he maintains a low public profile outside of his business endeavors.
9. What is Andrew Levy Avelo’s investment portfolio like?
Levy Avelo’s investment portfolio is not publicly disclosed, and there is limited information available about his personal investments outside of his involvement in Avelo Airlines.
10. How can I contact Andrew Levy Avelo?
To contact Andrew Levy Avelo, you can reach out to Avelo Airlines’ corporate office or try connecting with him through professional networking platforms like LinkedIn. However, it’s important to note that he may not respond to unsolicited messages due to his busy schedule and privacy preferences.
