George Joseph
$1.99B
as of 10/04/24
About George Joseph
George Joseph is the founder of Mercury General, an insurance provider with $4.6 billion in annual revenues.
After raising $2 million in capital, he started Mercury General in 1962 and offered cut-rate deals to safer-than-average drivers.
He owns 35% of the publicly-traded insurance firm, which offers automotive, home and fire insurance.
Raised in the midst of the Great Depression, Joseph was a flight navigator during World War II.
He graduated from Harvard with majors in math and physics in 1949.
Personal stats
Citizenship
United States of AmericaSource of wealth
InsuranceResidence
Los Angeles, CaliforniaMarital status
MarriedBirth date
09/11/21 (age 103)Number of children
5Education
Bachelor of Arts/Science, Harvard UniversitySelf-made
self-madeGeorge Joseph’s fortune is worth
33K
troy ounces of gold
31K
median U.S. household
20K
median U.S. income
0.04%
U.S. credit card volume
0.008%
GDP of the United States
0.006%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Joseph named the company after the Roman god Mercury, because he wanted the company to be nimble in business ventures.
Net worth over time
Real-time ranking
Financial assets
NYSE | MCY-US
Mercury General Corp.Images © Forbes.com. All rights reserved.