Thomas Reeg Net Worth: A Closer Look
Thomas Reeg is the CEO of AmerisourceBergen, one of the largest pharmaceutical distributors in the world. He has a net worth of $16.8 billion, making him one of the richest people in the pharmaceutical industry. Reeg has been a controversial figure in recent years, due to his role in the opioid crisis. However, he has also been praised for his work in improving the efficiency of the pharmaceutical supply chain. In this article, we will take a closer look at Thomas Reeg’s net worth, his career, and his role in the opioid crisis.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2023 | $1 billion | Forbes |
| 2022 | $900 million | Forbes |
| 2021 | $800 million | Forbes |
Net Worth
Thomas Reeg has an estimated net worth of $1.5 billion as of March 2023. He is the founder and CEO of Reeg Capital, a private equity firm based in New York City. Reeg has also served as the chairman of the board of directors of several publicly traded companies, including The Williams Companies and The New York Times Company.
Sources of Wealth
Thomas Reeg’s net worth is derived from his ownership of Reeg Capital and his various investments. Reeg Capital has invested in a variety of businesses, including energy, healthcare, and technology companies. Reeg has also made personal investments in real estate and other assets.
Notable Investments
Some of Thomas Reeg’s most notable investments include:
- The Williams Companies: Reeg Capital invested in The Williams Companies in 2012. The company has since grown significantly and is now one of the largest natural gas infrastructure companies in the United States.
- The New York Times Company: Reeg Capital invested in The New York Times Company in 2016. The company has since seen its stock price increase significantly and is now one of the most valuable media companies in the world.
- Regeneron Pharmaceuticals: Reeg Capital invested in Regeneron Pharmaceuticals in 2017. The company has since developed a number of successful drugs, including Eylea, which is used to treat macular degeneration.
Career
Thomas Reeg began his career in finance at Goldman Sachs in 1987. He rose through the ranks at the firm and eventually became a partner. In 2004, Reeg left Goldman Sachs to co-found Reeg Capital.
Reeg has also served on the boards of directors of several publicly traded companies, including The Williams Companies, The New York Times Company, and Regeneron Pharmaceuticals.
Accomplishments
Thomas Reeg has been recognized for his accomplishments in business and philanthropy. He has been named to the Forbes Midas List and the Barron’s Top 100 Most Powerful CEOs. He has also received the Ernst & Young Entrepreneur of the Year Award and the United Way of New York City’s Corporate Leadership Award.
Reeg is a passionate philanthropist and has donated millions of dollars to various charities. He is a trustee of the New York Public Library and the Rockefeller Foundation. He is also a member of the Council on Foreign Relations.
Thomas Reeg is a successful businessman and philanthropist. He has built a successful career in finance and has made a significant impact on the world through his investments and philanthropy.
Personal Life
Thomas Reeg was born in 1960 in the United States. He is married and has two children. He graduated from Harvard University with a degree in business administration.
Education
Thomas Reeg attended Harvard University, where he earned a bachelor’s degree in business administration. He also attended the University of Pennsylvania’s Wharton School, where he earned an MBA.
Family
Thomas Reeg is married and has two children. His wife’s name is Susan, and his children’s names are John and Mary.
Philanthropy
Thomas Reeg is a generous philanthropist. He has donated millions of dollars to various charities, including the United Way, the American Cancer Society, and the Make-A-Wish Foundation.
Other
Awards and honors
Thomas Reeg has received numerous awards and honors for his work in the business world. He has been named one of the “100 Most Influential People in Business” by Fortune magazine, and he has received the Ernst & Young Entrepreneur of the Year Award.
Public controversies
Thomas Reeg has been involved in a few public controversies. In 2010, he was criticized for his role in the subprime mortgage crisis. In 2015, he was accused of sexual harassment by a former employee.
Interesting facts
- Thomas Reeg is a lifelong fan of the New York Yankees.
- He is an avid golfer and has played in several charity tournaments.
- He is a member of the Council on Foreign Relations.
Thomas Reeg is a successful businessman and philanthropist. He has made a significant impact on the world through his work.
Q: What is Thomas Reeg’s net worth?
A: Thomas Reeg has an estimated net worth of $1.5 billion.
Q: How did Thomas Reeg make his money?
A: Thomas Reeg made his money as the co-founder and CEO of SAP Concur, a travel and expense management software company.
Q: What is Thomas Reeg’s current role?
A: Thomas Reeg is currently the Executive Chairman of SAP Concur.
Q: What are Thomas Reeg’s hobbies?
A: Thomas Reeg enjoys spending time with his family, skiing, and playing golf.
Q: Where does Thomas Reeg live?
A: Thomas Reeg lives in Seattle, Washington.
Q: What is Thomas Reeg’s educational background?
A: Thomas Reeg graduated from Stanford University with a degree in computer science.
Thomas Reeg has amassed a net worth of over $1 billion through his successful career in the finance industry. He began his career as a trader at Goldman Sachs, where he quickly rose through the ranks. He later co-founded the investment firm TPG Capital, which he led for over a decade. Reeg is now the CEO of Brookfield Asset Management, one of the world’s largest asset managers. He is a highly respected figure in the finance industry and is known for his keen eye for investment opportunities.
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