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George Joseph

George Joseph

0% | $ 0M
G. Joseph
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
104Y
Country
United States
Born On
January, 1921
Deceased
No
Relationship Status
Married
Children
5
Education

Harvard University - Bachelor Of Arts/Science

Designation Info :

Self-Made
Yes
Type
Self-Made (Insurance)
Organization Name
Mercury General Corporation
Title
Founder & Chairman
Source

Mercury General

Industry
Finance, Insurance

About G. Joseph


G eorge Joseph is a self-made American billionaire and a pioneer in the insurance industry. At over 100 years old, he is one of the oldest billionaires in the world. He is the founder of Mercury General Corporation, a major provider of auto insurance. The son of Lebanese immigrants, he served as a navigator on B-17 bombers during World War II before starting his career in the insurance industry.

He founded Mercury General in 1961 with a focus on providing low-cost auto insurance, particularly to drivers who were considered higher risk by other insurers. He was a pioneer in using data and analytics to more accurately price risk, a strategy that allowed his company to be highly profitable while undercutting its competitors. He has built his company into a multi-billion dollar, publicly traded enterprise. He stepped down from his executive role but remains the chairman and largest shareholder of the company he founded over 60 years ago.

Quick Reads


  • Founder of the auto insurance company Mercury General.
  • At over 100 years old, he is one of the world's oldest billionaires.
  • A self-made billionaire, he founded the company in 1961.
  • A pioneer in using data analytics to price insurance risk.
  • He is a veteran of World War II.

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