Net Worth: $800 Million
- Source of Wealth Banking , Self-made
- Nationality United States
About Herbert Sandler
Donations: $1.5 billion
Marital Status: Married
The Sandlers sold Golden West, the Bay Area bank they founded, for $25 billion to Wachovia in 2006 before the credit crisis began.
They have since been mosly focused on philanthropy. The couple’s most high-profile charity is investigative journalism group ProPublica, which won its first Pulitzer in 2010 and another this year(2011).
The Sandlers also are avid funders of civil liberties groups like the ACLU, and of scientific research, especially for diseases that affect low-income people, like asthma.Forbes estimated their net worth at $800 million.