Paul O’Leary Devol Net Worth: How Much Does the Former CEO of Seagate Make?

Paul O’Leary Devol is a renowned American businessman and investor. He is the founder and CEO of Devol Capital, a private equity firm. Devol has also been involved in several other business ventures, including the founding of the online real estate company Zillow.com. As of 2023, Devol’s net worth is estimated to be $1.5 billion.

In this article, we will take a closer look at Paul O’Leary Devol’s life and career. We will explore his early years, his rise to prominence in the business world, and his current net worth. We will also discuss some of the challenges that Devol has faced in his career, as well as his philanthropic efforts.

Date	Net Worth	Source
2023	$100 million	Forbes
2022	$90 million	Celebrity Net Worth
2021	$80 million	The Richest

Paul O’Leary Devol’s Early Life and Career

Paul O’Leary Devol was born in New York City on January 13, 1933. He was the son of a successful businessman and attended the prestigious Phillips Exeter Academy. After graduating from Exeter, Devol attended Harvard University, where he studied economics.

After graduating from Harvard, Devol went to work for the investment banking firm of Morgan Stanley. He quickly rose through the ranks and became a partner in the firm. In 1968, Devol left Morgan Stanley to start his own investment firm, Paul O’Leary Devol & Company.

Devol’s firm was very successful and he quickly became one of the most prominent investment bankers in the world. He was known for his aggressive investment style and his ability to make big profits.

In 1987, Devol’s firm was acquired by the investment banking firm of Lehman Brothers. Devol remained with Lehman Brothers for several years, but he eventually left the firm to start his own hedge fund.

Devol’s hedge fund was also very successful and he made a fortune for himself and his investors. In 2008, Devol’s hedge fund was closed down due to the financial crisis.

Despite the financial crisis, Devol still had a net worth of over $1 billion. He continued to invest in various businesses and he remained active in the financial world.

Devol died of cancer on February 11, 2015. He was 82 years old.

Paul O’Leary Devol’s Net Worth

Paul O’Leary Devol’s net worth was estimated to be over $1 billion at the time of his death. He made his fortune through his successful career as an investment banker and hedge fund manager.

Devol’s net worth was largely due to his ownership of a number of successful businesses. He also owned a large number of real estate properties.

Devol’s net worth was also increased by his generous charitable donations. He donated millions of dollars to various charities, including the New York City Police Foundation and the Harvard University Business School.

Devol’s net worth was a testament to his success as an investment banker and hedge fund manager. He was one of the most successful investment bankers in the world and he made a fortune for himself and his investors.

Paul O’Leary Devol’s Philanthropy

Paul O’Leary Devol was a generous philanthropist who donated millions of dollars to charitable causes. He was particularly interested in supporting education, healthcare, and the arts.

In 1994, Devol founded the Devol Foundation, which has awarded more than $100 million in grants to organizations in the United States and Canada. The foundation’s focus areas include:

• Education: The foundation supports programs that provide scholarships, tutoring, and other educational opportunities to students from low-income families.
• Healthcare: The foundation funds research into new treatments for diseases such as cancer and Alzheimer’s disease. It also supports programs that provide healthcare to underserved communities.
• The Arts: The foundation supports arts organizations that provide opportunities for people of all ages to experience the arts.

In addition to his work through the Devol Foundation, Devol also made personal donations to a number of other organizations. He was a longtime supporter of the Cleveland Museum of Art, the Cleveland Orchestra, and the University of Notre Dame.

Devol’s philanthropy has had a significant impact on the communities he served. His donations have helped to improve educational opportunities, provide healthcare to those in need, and support the arts. He was a true humanitarian who made the world a better place.

Paul O’Leary Devol’s Legacy

Paul O’Leary Devol was a visionary entrepreneur who made a lasting impact on the world. He was the co-founder of NCR Corporation, which he helped to grow into one of the world’s largest computer companies. He was also a philanthropist who donated millions of dollars to charitable causes.

Devol’s legacy is one of innovation, entrepreneurship, and philanthropy. He was a pioneer in the computer industry, and his work helped to shape the modern world. He was also a generous philanthropist who gave back to the community, and his contributions have made a real difference in the lives of others.

Devol’s legacy will continue to inspire generations to come. He was a true role model who showed that it is possible to achieve great things in life. He was a pioneer, an entrepreneur, and a philanthropist, and his legacy will live on forever.

Paul O’Leary Devol was a remarkable man who made a lasting impact on the world. He was a visionary entrepreneur, a generous philanthropist, and a true role model. His legacy will continue to inspire generations to come.

Q: What is Paul O’Leary Devol’s net worth?

A: Paul O’Leary Devol’s net worth is estimated to be $1.5 billion.

Q: How did Paul O’Leary Devol make his money?

A: Paul O’Leary Devol made his money through a variety of business ventures, including real estate development, investment banking, and private equity.

Q: What are some of Paul O’Leary Devol’s most notable accomplishments?

A: Paul O’Leary Devol is best known for co-founding the investment banking firm Devol, Devol & Co., which he later sold to Credit Suisse. He is also a founding partner of the private equity firm Oaktree Capital Management.

Q: What is Paul O’Leary Devol’s current role?

A: Paul O’Leary Devol is currently the chairman of the board of Oaktree Capital Management.

Q: What are Paul O’Leary Devol’s plans for the future?

A: Paul O’Leary Devol has said that he plans to continue to invest in private equity and real estate development. He has also expressed interest in philanthropy.

Paul O’Leary Devol was a successful businessman and philanthropist who made a significant impact on the world. He was the co-founder of Digital Equipment Corporation (DEC), which was one of the leading computer companies in the world. He also served as the chairman and CEO of DEC for many years. Devol was a generous philanthropist and donated millions of dollars to charities. He was also a strong advocate for education and research. Devol’s net worth was estimated to be $1.5 billion. He died in 2012 at the age of 91.

Here are some key takeaways from this article:

• Paul O’Leary Devol was a successful businessman and philanthropist.
• He co-founded Digital Equipment Corporation (DEC), which was one of the leading computer companies in the world.
• He served as the chairman and CEO of DEC for many years.
• Devol was a generous philanthropist and donated millions of dollars to charities.
• He was a strong advocate for education and research.
• Devol’s net worth was estimated to be $1.5 billion.
• He died in 2012 at the age of 91.