Herb Kelleher Net Worth

How much is Herb Kelleher Worth?

in Richest BusinessmenCEOs
Net Worth:
$2.5 Billion

Herb Kelleher Net Worth: Herb Kelleher is the co-founder, Chairman Emeritus, and former CEO of Southwest Airlines who has a net worth of $2.5 billion dollars. Herb Kelleher was born March 12, 1931 in Camden, New Jersey and raised in Audubon, New Jersey, where he graduated from Haddon Heights High School. He has a bachelor's degree from Wesleyan University where he was an Olin Scholar and a member of the Delta Kappa Upsilon fraternity, and a Juris Doctor from New York University. After law school he moved to Texas intending to start a law firm or a business. Kelleher and one of his law clients, Texas businessman Rollin King, created the concept that later became Southwest Airlines on a cocktail napkin in a San Antonio, Texas restaurant. From its birth in 1971 Southwest succeeded by daring to be different: offering low fares to its passengers by eliminating unnecessary services and avoiding the "hub-and-spoke" scheduling system used by other airlines in favor of building traffic in such secondary airports as Albany, Chicago-Midway, and Orange County. During his tenure as CEO of Southwest, Kelleher's colorful personality created a corporate culture which made Southwest employees well known for taking themselves lightly—often singing in-flight announcements to the tune of popular theme songs—but their jobs seriously. Southwest is consistently named among the top five Most Admired Corporations in America.

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Herb Kelleher

Herb Kelleher

Herbert D Kelleher
Lawyer, Businessperson
Date of Birth
United States of America
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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