Larry Hillblom Net Worth

This experience inspired him to create DHL, a global delivery service. After the company's success, Larry became a billionaire and used his wealth to fund various philanthropic endeavors. Larry Hillblom was an American businessman and co-founder of DHL. He was born in Kingsburg, California and studied law at the University of California. His experience as a courier flying packages between San Francisco and Los Angeles inspired him to create DHL, a global delivery service. After the company's success, Larry became a billionaire and used his wealth to fund various philanthropic endeavors.
Larry Hillblom is a member of CEOs

Age, Biography and Wiki

Who is it? Businessperson
Birth Day May 12, 1943
Birth Place United States
Age 52 YEARS OLD
Died On 1995
Birth Sign Taurus
Net Worth: $300 Million
Gender: Male

💰 Net worth: $300 Million (2024)

Larry Hillblom, a renowned businessperson in the United States, is projected to have a net worth of $300 million in 2024. His financial success is a testament to his shrewdness and business acumen. Throughout his career, Larry Hillblom has made notable contributions to various industries, establishing himself as a prominent figure in the business world. With his wealth and expertise, Hillblom has not only achieved personal success but has also made significant contributions to the economy. His remarkable net worth is a testament to his achievements and the impact he has had on the business landscape.

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Larry Hillblom net worth: Larry Hillblom is an American businessman and co-founder of DHL. He was born on May 12, 1943 in Kingsburg, California, and studied law at the University of California. While in school, Larry took a job as a courier which included flying packages between San Francisco and Los Angeles. After graduation from university, Hillblom started a courier business that flew bills of lading from San Francisco to Honolulu and with his two friends, Adam Daisley and Robert Lynn. In 1969, Daisley, Hillblom, and Lynn started DHL.

In the beginning, the three founders drove goods from San Francisco that needed to be rushed to the airport in Los Angeles. By the 70s, DHL became one of the fastest-expanding delivery companies in the United States. By the 90s, DHL became the world's largest air-express company with and annual revenue of $3 billion. After the success of DHL, Larry Hillblom took his attention to projects in Hawaii, Vietnam, and the Philippines. In the last 15 years of his life, Hillblom has lived in Saipan where he acted as the president of the Bank of Saipan (1982-1986), and served as the Special Justice on the Supreme Court in the Northern Marianas.

Hillblom invested heavily on new and daring projects. After the success with DHL, he spent $40 million in Vietnam trying to restore the Dalat Palace Hotel and Golf Course. In addition to colonial restorations, he also owned a wide portfolio including shares in Air Micronesia. When Continental Airlines announced bankruptcy, Hillblom spent a large portion of his wealth to recapitalize the company in 1993. His personal fleet of airplanes consisted of new and vintage models which alone were worth millions. Tragically, on May 21, 1995, while flying from Pagan Island to Saipan, Hillblom's seaplane crashed. His body was never recovered.