Name
George Joseph
George Joseph
Los Angeles, California
Bachelor of Arts/Science, Harvard University
United States
insurance, Self Made
$1,800,000,000
1425
#1425 Billionaires 2019
#386 Forbes 400 2013
George Joseph is the founder of Mercury General, an insurance provider with $1.7 billion in annual revenues.After raising $2 million in capital, he started Mercury General in 1962 and offered cut-rate deals to safer-than-average drivers.Raised in the midst of the Great Depression, Joseph was a flight navigator during World War II.He graduated from Harvard with majors in math and physics in 1949.
Joseph named the company after the Roman god Mercury, because he wanted the company to be nimble in business ventures.He is America's oldest billionaire.
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