Net Worth: $720 Million
- Source of Wealth General Electric
- Birth Place Peabody, Massachusetts.
- Marital Status Married to Suzy Welch
- Full Name John Francis Jack Welch, Jr.
- Nationality American
- Date of Birth Nov 19, 1935
- Occupation Businessperson, Author, Management, CEO
- Education University of Massachusetts–Amherst BS, University of Illinois–Champaign, MA , PhD
- Children Four
About Jack Welch
John Francis “Jack” Welch, Jr. was Chairman and CEO of General Electric between the years of 1981 and 2001. During his time at GE, the company’s value rose 4000%.
When Welch retired in 2001 he received a severance payment worth $417 million. That was the largest severance package paid to any American CEO in the last decade.