Quick Info
| Details | |
|---|---|
| Name | Herb Kelleher |
| Current Age | 90 (1931-2019) |
| Occupation(s) | Co-founder and former CEO of Southwest Airlines |
| Date of Birth | March 12, 1931 |
| Date of Death | January 3, 2019 |
| Place of Birth | Camden, New Jersey, USA |
| Nationality | American |
| Spouse | Joan Negley (m. 1955) |
| Children | Ruth, Michael |
| Net Worth (2024) | $2.5 billion |
| Source of Wealth | Southwest Airlines, Investments |
| Ventures | Co-founder of Southwest Airlines |
| Ethnicity | Caucasian |
Early Life and Career Beginnings
Herb Kelleher, born on March 12, 1931, in Camden, New Jersey, was an American business magnate and lawyer who left an indelible mark on the aviation industry. Raised in a close-knit family, Kelleher's upbringing instilled in him a strong work ethic and a passion for entrepreneurship. He attended Wesleyan University and later earned his law degree from New York University.
Founding Southwest Airlines
In 1967, Herb Kelleher and business partner Rollin King co-founded Southwest Airlines, a low-cost airline that would go on to revolutionize the industry. Kelleher served as the CEO of Southwest from 1981 to 2001, during which time he implemented innovative strategies that prioritized customer service and employee satisfaction.
Legacy and Impact
Kelleher's leadership style was characterized by his hands-on approach and emphasis on creating a positive company culture. Under his guidance, Southwest Airlines became known for its quirky personality, exceptional customer service, and commitment to affordable air travel. Kelleher's unconventional methods and dedication to his employees earned him widespread admiration and respect within the business world.
Net Worth and Investments
As of 2024, Herb Kelleher's net worth is estimated to be $2.5 billion, primarily derived from his stake in Southwest Airlines and various successful investments. His visionary leadership and strategic decision-making not only propelled Southwest to success but also solidified his personal wealth.
Personal Life and Philanthropy
Outside of his professional endeavors, Kelleher was a devoted husband to his wife, Joan, and a loving father to his two children, Ruth and Michael. Known for his philanthropic efforts, Kelleher supported various charitable causes, particularly in the fields of education and healthcare.
Remembering a Visionary Leader
Herb Kelleher's legacy as a trailblazer in the airline industry continues to inspire entrepreneurs and business leaders worldwide. His commitment to innovation, customer satisfaction, and employee well-being set a new standard for corporate success. Kelleher's impact on Southwest Airlines and the broader business community remains unparalleled, cementing his status as a true visionary and pioneer.
