Herbert Allen Jr & family

$1.95B
as of 10/04/24

About Herbert Allen Jr & family

Herbert "Herb" A. Allen controls boutique investment bank Allen & Co., which focuses on tech companies.

Allen & Co. has had a hand in several large tech IPOs of the last decade, including Twitter, Groupon and LinkedIn.

The firm was founded as an investment partnership in 1922 by Allen's uncle Charles.

Allen was reportedly named president of the firm's nascent underwriting business in 1966 at the age of 26.

In the summer of 1982 Allen & Co. sold Columbia Pictures to the Coca-Cola Company.

Personal stats

Citizenship

United States of America

Source of wealth

Investment banking

Residence

New York, New York

Marital status

Divorced

Birth date

03/05/40 (age 84)

Number of children

4

Education

Bachelor of Arts/Science, Williams College

Self-made

inherited and growing

Herbert Allen Jr & family’s fortune is worth

32K

troy ounces of gold

30K

median U.S. household

19K

median U.S. income

0.039%

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?

Allen is the largest individual holder of Coca-Cola stock, though his 12 million shares account for less than 1% of the company's stock.

Net worth over time

Real-time ranking

Financial assets

NYSE | KO-US

Coca-Cola Co.

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