George Kaiser Net Worth

George Kaiser Net Worth

How Much Does George Kaiser Make?

George Kaiser is an American businessman and chairman of BOK Financial Corporation. He is one of the top 50 richest people in the world and among the top 50 American philanthropists.

Forbes has estimated his net worth US $ 9.4 Billion in 2010 making him world’s 43rd richest person.

Born in 1942, he attended Tulsa public schools, and went on to earn a bachelor's degree and MBA from Harvard University. He briefly considered joining the U.S. Foreign Service, but instead returned to Tulsa in 1966 to work for his father. Kaiser-Francis Oil Co. was created in the 1940s by Mr. Kaiser's uncle and parents, Jewish refugees from Nazi Germany who settled in Oklahoma. Kaiser took control of Kaiser-Francis Oil Company in 1969. In 1990, Kaiser bought the Bank of Oklahoma, N.A. from the FDIC, the government agency that guarantees the soundness of the nation's major savings institutions. Buying the Bank of Oklahoma landed Kaiser on the Forbes 400 wealthiest Americans. As of 2007, Kaiser's ownership interests in BOKF were worth $2.3 billion. In 2008, with an estimated current net worth of around $12 billion, he was ranked by Forbes as the 20-richest person in America and the richest person in Oklahoma. In March 2009, in the face of the general world economic downturn, Forbes reported that Kaiser's net worth had dropped to $9 billion, ranking him in a tie for 43rd-richest person in the world.