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#0 World Rank
Peter Kellogg

Peter Kellogg

0% | $ 0M
P. Kellogg
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
83Y
Country
United States
Born On
September, 1942
Deceased
No
Relationship Status
Married
Children
3
Education

Babson College (Dropout)

Designation Info :

Self-Made
No
Type
Family Wealth (Self-Made Expansion)
Organization Name
IAT Insurance Group
Title
Owner
Source

Spear, Leeds & Kellogg (Sold)

Industry
Finance, Investments

About P. Kellogg


P eter Kellogg is an American businessman who made his fortune in stock market brokerage and specialist trading. He is the son of James Crane Kellogg III, a former chairman of the New York Stock Exchange. Following in his father's footsteps, Peter Kellogg embarked on a career in finance. He dropped out of college and joined his father's firm, which was a specialist on the floor of the American Stock Exchange. In 1973, he became a partner in the firm Spear, Leeds & Kellogg.

Spear, Leeds & Kellogg grew to become one of the largest specialist firms on the New York Stock Exchange, responsible for maintaining orderly markets in thousands of stocks. Kellogg and his partners built the firm into a dominant player in market making and brokerage services. In 2000, they sold the firm to Goldman Sachs for $6.5 billion in cash and stock, which made Kellogg a billionaire. Since the sale, he has maintained a low public profile, managing his wealth and engaging in philanthropy. He owns a large ranch in Wyoming and has invested in various businesses, including the re-insurance firm IAT.

Quick Reads


  • Made his fortune from the sale of the stock specialist firm Spear, Leeds & Kellogg.
  • The firm was sold to Goldman Sachs for $6.5 billion in 2000.
  • His father was a former chairman of the New York Stock Exchange.
  • He dropped out of college to begin his career in finance.
  • Owns the re-insurance company IAT.

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