Ian Read Net Worth (Updated 2026).

Ian Read, a name now synonymous with the global tobacco industry, began his career in an unexpected sector. Raised in the United Kingdom, Read graduated from the University of Edinburgh with a degree in economics and politics. He then embarked on a journey that would take him from the world of finance to the helm of one of the largest tobacco companies.

In the early stages of his career, Read worked in various financial roles, honing his skills in corporate finance and strategic planning. His first significant role came at the investment bank Smith New Court, where he spent several years navigating the complex world of mergers and acquisitions. Little did he know that his financial acumen would one day lead him to the top of a multinational corporation.

Ian Read’s Current Net Worth (2025)

As of 2025, Ian Read’s current net worth is estimated to be around $150 million, according to the latest available information. This significant wealth is primarily attributed to his successful career at Pfizer, where he served as the CEO and Chairman from 2010 to 2019.

Career

Ian Read began his career at Pfizer in 1978 as an entry-level position. He climbed the corporate ladder steadily, holding various roles such as Senior Vice President of Pfizer’s Global Established Pharma Business and President and General Manager of Pfizer’s Global Established Pharmaceutical Business. In 2010, he was appointed as the CEO and Chairman of Pfizer, a position he held until 2019. His leadership steered Pfizer through several strategic acquisitions and product launches.

Other Ventures

Besides Pfizer, Ian Read has also served on the boards of several other companies. He is currently a director at Apple Inc. and has previously served on the boards of Mastercard and the Business Council. Additionally, he is involved in philanthropic efforts, serving as a trustee of the New York-Presbyterian Hospital and a member of the Council on Foreign Relations.

Assets

Ian Read’s assets primarily consist of his Pfizer stock holdings, which account for a significant portion of his net worth. He also owns several properties, including a residence in Greenwich, Connecticut, valued at around $10 million. His other assets may include investments in private equity firms and other companies, although the details of these investments are not publicly disclosed.

Annual Income

As the former CEO and Chairman of Pfizer, Ian Read’s annual income was substantial. In 2018, his total compensation was $20.6 million, which included his base salary, stock awards, and other compensation. However, since stepping down from his role at Pfizer in 2019, his annual income has likely decreased, although the exact figure is not publicly available. His current income primarily comes from his board positions and investments.

Frequently Asked Questions about  Ian Read

Frequently Asked Questions: Ian Read Net Worth

1. What is Ian Read’s net worth?

Ian Read’s net worth is estimated to be around $120 million.

2. How did Ian Read make his money?

Ian Read made his fortune primarily through his career at Pfizer, where he served as the CEO from 2010 to 2018. He also held various executive positions at the company before becoming CEO.

3. What is Ian Read’s salary at Pfizer?

As of 2021, Ian Read’s salary at Pfizer is not publicly disclosed. However, as the former CEO, his salary was reported to be around $20 million in 2017.

4. What are some of Ian Read’s notable achievements at Pfizer?

Ian Read is credited with leading Pfizer’s turnaround and growth during his tenure as CEO. He oversaw the development and launch of several blockbuster drugs, including Lyrica and Eliquis. He also led Pfizer’s acquisition of Hospira in 2015.

5. What is Ian Read’s educational background?

Ian Read holds a Bachelor of Science degree in Pharmacy from the University of Strathclyde in Glasgow, Scotland. He also has an MBA from the University of Edinburgh.

6. What is Ian Read’s nationality?

Ian Read is a British national. He was born in Scotland and began his career in the UK before moving to the United States.

7. What is Ian Read’s current role at Pfizer?

As of 2021, Ian Read serves as the Executive Chairman of Pfizer’s Board of Directors.

8. What is Ian Read’s investment portfolio like?

Ian Read’s investment portfolio is not publicly disclosed. However, as a former pharmaceutical executive, he likely has a significant portion of his wealth invested in healthcare and pharmaceutical companies.

9. Does Ian Read have any philanthropic endeavors?

Yes, Ian Read is involved in philanthropic endeavors. He has served on the board of the Pfizer Foundation, which focuses on improving global health. He has also been involved in supporting education and healthcare initiatives in his native Scotland.

10. What are some lessons that can be learned from Ian Read’s career?

Ian Read’s career at Pfizer offers several lessons, including the importance of strategic leadership, the ability to adapt to changing market conditions, and the value of long-term thinking in business. His story also highlights the potential for career growth and success within a single organization.