Maurice Greenberg Net Worth (Updated 2025).
Maurice “Hank” Greenberg, born in 1925, embarked on his career in the insurance industry at a young age. He started as a messenger for the company Aetna in 1944, demonstrating his early interest and dedication to the field. Greenberg’s rise to prominence began when he joined the company’s reinsurance division, where he honed his skills and understanding of the complex world of insurance.
Maurice Greenberg’s Current Net Worth
As of 2025, Maurice “Hank” Greenberg’s net worth is estimated to be around $2.5 billion, according to Forbes. This makes him one of the wealthiest individuals in the finance industry.
Career
Greenberg is best known for his role as the CEO of American International Group (AIG) from 1967 to 2005. Under his leadership, AIG grew from a small insurer to one of the world’s largest insurance companies. He is also the founder of C.V. Starr & Co., a private investment firm.
Other Ventures
In addition to his work in insurance, Greenberg has also ventured into other industries. He is the chairman of the board of Stone Point Capital, a private equity firm focused on the insurance and financial services industries. He also serves on the board of several other companies, including the National Basketball Association (NBA).
Assets
Greenberg’s assets include a significant stake in AIG, as well as investments in real estate and other businesses. He also owns a collection of fine art, including works by Picasso and Matisse. His residence, a 14-acre estate in Greenwich, Connecticut, is valued at over $50 million.
Annual Income
While Greenberg’s exact annual income is not public information, it is estimated to be in the tens of millions of dollars. This includes his salary from C.V. Starr & Co. and other sources of income from his various ventures and investments.
Frequently Asked Questions about Maurice Greenberg
**Frequently Asked Questions: Maurice Greenberg Net Worth**
1. What is Maurice Greenberg’s net worth?
Maurice Greenberg’s net worth is estimated to be around $2.5 billion.
2. How did Maurice Greenberg make his fortune?
Maurice Greenberg made his fortune primarily through his career in the insurance industry. He served as the CEO of American International Group (AIG) from 1967 to 2005, during which time he grew the company into one of the world’s largest insurance firms.
3. What is Maurice Greenberg’s role in the 2008 financial crisis?
Maurice Greenberg’s leadership at AIG is often cited as a contributing factor to the 2008 financial crisis. Under his watch, AIG sold complex financial instruments known as credit default swaps (CDS), which helped fuel the subprime mortgage crisis.
4. What is Maurice Greenberg’s current role in the business world?
After leaving AIG, Greenberg founded C.V. Starr & Co. in 2005, a private investment firm that focuses on insurance and related businesses. He currently serves as the chairman and CEO of the company.
5. What is Maurice Greenberg’s educational background?
Maurice Greenberg graduated from the City College of New York in 1949 with a Bachelor of Business Administration degree. He also served in the U.S. Army from 1945 to 1947.
6. How old is Maurice Greenberg?
Maurice Greenberg was born on March 4, 1925, making him 97 years old as of 2022.
7. What are some of Maurice Greenberg’s philanthropic efforts?
Maurice Greenberg and his wife, Corinne, have established the Starr Foundation, which supports various charitable causes, including education, health, and social services. They have also made significant donations to institutions such as the City College of New York and the University of Pennsylvania.
8. What is Maurice Greenberg’s political affiliation?
Maurice Greenberg is a registered Democrat but has made contributions to both Democratic and Republican candidates over the years.
9. Has Maurice Greenberg written any books?
Yes, Maurice Greenberg has written a book titled “The AIG Story,” which was published in 2013. The book provides an insider’s perspective on the history and rise of AIG under his leadership.
10. What are some of Maurice Greenberg’s awards and recognitions?
Maurice Greenberg has received numerous awards and recognitions throughout his career, including the Presidential Medal of Freedom, the highest civilian honor in the United States, in 2001. He has also been inducted into the American Academy of Achievement and the Insurance Hall of Fame.
