Jack Welch Net Worth
Jack Welch net worth: Jack Welch is an American business executive, author and former chemical engineer who has a net worth of $750 million. Jack Welch is one of the world's most honored and notable CEOs, especially known as General Electric's Chairman and CEO, between 1981 and 2001. Under his hat, the company's value is said to have risen 4000%, thanks to his unique management practices collectively called The Welch Way. Born John Francis "Jack" Welch, Jr on November 19, 1935, in Peabody, Massachusetts, he was raised by a working class family. After he graduated from the University of Massachusetts and received his PhD in Chemical Engineering from the University of Illinois, Jack joined GE at the age of 24. Working his way up through company's various departments, he got the CEO position at age of 45. During his 21-year-long tenure, Jack transformed GE into one of the world's most successful and admired companies. Since his achievements were epic, he continued to deal with business even after retiring from GE in 2001. What's more, he was eager to share his knowledge with the world and that's why he penned two best-selling business books, Jack: Straight from the Gut and Winning. Thanks to his extensive experience, Jack Welch is still present in the world of business, be it as an adviser of a private equity group, professor, column writer or a popular business commentator.