Net Worth: $1.52 Billion
- Source of Wealth Insurance
- Birth Place West Virginia, United States
- Marital Status Married
- Full Name George Joseph
- Nationality United States
- Date of Birth 1921
- Ethnicity Lebanese, Caucasian
- Occupation Businessman
- Education Harvard University
- Children 5
About George Joseph
American businessman George Joseph has an estimated net worth of $1.52 billion as of May 2016 according to Forbes.
Of Lebanese ancestry, George Joseph was born in 1921 in West Virginia, United States. During World War II, he served as a B-17 navigator in about 50 missions. Eventually, he started attending Harvard University where he earned his Physics and Mathematics degree in 1949. He currently lives in Los Angeles, California with his wife. George Joseph has five children.
He started with selling life insurance in Los Angeles, California. In daytime, he worked as a systems analyst, then salesman for Occidental Life. He spent the night selling insurance door to door. Eventually, he left Occidental Life to focus on his own business. His insurance agency sold both casualty/property and life insurance. In April 1962, Mercury Insurance was established. The firm focuses on offering auto insurance policies for types of drivers.
In 2006, George Joseph joined the list of world billionaires with his $1 billion net worth. Today, he sits as the Chairman of the Board of Mercury General Corporation while Gabe Tirador serves as the CEO of the company.