George Joseph

$1.9B

as of 04/01/25

About George Joseph

George Joseph is the founder of Mercury General, an insurance provider with $5.5 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 amidst 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 America

Source of wealth

Insurance

Residence

Los Angeles, California

Marital status

Married

Birth date

09/11/21 (age 103)

Number of children

Education

Bachelor of Arts/Science, Harvard University

Self-made

self-made

George Joseph’s fortune is worth

32K

troy ounces of gold

29K

median U.S. household

19K

median U.S. income

0.038%

U.S. credit card volume

0.008%

GDP of the United States

0.006%

United States debt

Net worth history

Annual ranking

Did you know?

Joseph is America's oldest billionaire.

Net worth over time

Real-time ranking

Financial assets

NYSE | MCY-US

Mercury General Corp.