Henry Hillman, an American billionaire businessman, investor, civic leader, and philanthropist, has made a significant impact on the business world and the community. With his innovative ideas and strategic investments, he has amassed a substantial net worth.
This article will delve into Henry Hillman net worth in 2023, his accomplishments, and his contributions to society.
Quick Facts
| Full Name: | Henry Lea Hillman |
| Popular Name: | Henry Hillman |
| Gender: | Male |
| Birth Date: | December 25, 1918 |
| Age: | Died at age 98 (in 2017) |
| Parents: | John Hartwell Hillman Jr. and Juliet Cummins Hillman |
| Siblings: | Not specified |
| Birth Place: | Pittsburgh, Pennsylvania, United States |
| Nationality: | American |
| Ethnicity: | Caucasian |
| Education: | Princeton University |
| Marital Status: | Married |
| Sexual Orientation: | Not specified |
| Wife/Spouse: | Elsie Hilliard Hillman |
| Children: | Juliet Lea Hillman Simonds, Audrey Hillman Fisher, Henry L. Hillman Jr., and William Talbott Hillman |
| Dating: | Not applicable |
| Net Worth: | $2.5 billion at the time of his death in 2017 |
| Source of Wealth: | Investments, Pittsburgh Coke & Chemical |
| Height: | Not specified |
| Weight: | Not specified |
What is Henry Hillman Net Worth and Salary in 2023?
As of 2023, Henry Hillman’s one of the richest people with net worth stands at an estimated $2.5 billion, according to Forbes. His wealth is a result of his successful business ventures and astute investment decisions.
Throughout his career, Hillman diversified the Pittsburgh Coke & Chemical fortune inherited from his father, J.H. Hillman Jr., through his investment firm, The Hillman Co. He expanded his wealth by investing in real estate, private equity, venture capital, and high-tech start-ups.
Many of his gambles paid off, including his investment in the very successful venture capital firm, Kleiner Perkins Caufield & Byers.
Why is Henry Hillman Famous?
Henry Hillman gained fame for his visionary approach to business and philanthropy. He was ahead of his time in recognizing the potential of private equity and venture capital, becoming a founding limited partner in the first venture capital fund of Kleiner Perkins.
Hillman’s investments in companies like Genentech, Tandem Computers, and Hybritech played a crucial role in shaping the Silicon Valley landscape.
Henry Hillman Overview
Early Life
Henry Lea Hillman was born on December 25, 1918, and passed away on April 14, 2017, in Pittsburgh, Pennsylvania. He was the son of John Hartwell Hillman Jr. and Juliet Cummins Hillman. His father built upon his grandfather’s small iron brokerage firm, transforming it into a diversified industrial operation with holdings in various sectors.
Career and Awards
Henry Lea Hillman was a renowned American billionaire businessman, investor, civic leader, and philanthropist. He served as the chairman of The Hillman Company, a family office and investment company based in Pittsburgh, Pennsylvania. Hillman also chaired the board of trustees of Hillman Family Foundations, which manages 18 named foundations.
Hillman’s Business Career
Hillman’s business career began in January 1946 when he joined Pittsburgh Coke & Chemical. As vice president and a director, he expanded the company’s manufacture and sale of finished chemicals and plasticizers.
He later became president of Pittsburgh Coke in 1955. Throughout his career, Hillman served as a director of several companies including Chemical Bank & Trust Co., Cummins Engine Company, Inc., General Electric Company, and National Steel Corporation, among others.
He stepped down from active management of The Hillman Company in 2004 but remained active in the company’s governance as chairman.
Awards and Recognition
In recognition of his contributions to the business world, Hillman received numerous awards. He was inducted into the Private Equity Hall of Fame and was named Industrialist of the Year in 1968 by the Western Pennsylvania Chapter of the National Society of Industrial Realtors.
In 1989, he was named Business Leader of the Year by the Pennsylvania Chamber of Commerce.
Alongside his wife, Elsie Hillman, he received the Tree of Life Award from the National Jewish Fund, the Sheepskin Award from the Pennsylvania Association of Colleges and Universities, and the gold medal award from the American Institute of Architects, Pittsburgh chapter.
Philanthropic Endeavors
Beyond his business pursuits, Hillman was deeply involved in philanthropy. He focused on philanthropic opportunities aimed at creating or enhancing a competitive advantage for Pittsburgh.
His notable gifts include the Hillman Library of the University of Pittsburgh, Hillman Hall of Minerals and Gems at the Carnegie Museum of Natural History, and the Hillman Cancer Center of the University of Pittsburgh Cancer Institute, among others.
News in 2023
As of 2023, the legacy of Henry Hillman continues to impact the city of Pittsburgh and beyond. His contributions to various sectors, particularly in business and philanthropy, have left an indelible mark. His foundation continues to support community efforts and organizations that drive the development of new ideas across the nonprofit sector in Pittsburgh.
Personal Life
Henry Hillman married Elsie Hilliard in 1945, and they had four children together. Throughout his life, Hillman was actively involved in civic leadership and philanthropy. He served on the boards of several organizations, including the Carnegie Library of Pittsburgh, Children’s Hospital of Pittsburgh, and the University of Pittsburgh.
His philanthropic contributions have left a lasting impact on Pittsburgh, with notable gifts including the Hillman Library, Hillman Hall of Minerals and Gems, and the Hillman Cancer Center.
Hillman died on April 14, 2017, aged 98
Social accounts
As of now, there is no information available about Henry Hillman’s social media accounts.
FAQs about Henry Hillman
What types of grants does the Henry L. Hillman Foundation make?
The Henry L. Hillman Foundation supports a wide range of projects and initiatives that align with its funding priorities. These include education, arts and culture, health and human services, and community development. The foundation considers both single-year and multi-year grants.
How can organizations apply for a grant from the Henry L. Hillman Foundation?
Organizations can apply for a grant by completing the online application on the foundation’s website. The application provides the necessary information for the foundation to assess the request against its current funding priorities. The foundation typically provides an initial response within several weeks of the application’s submission.
What is the timeline for the grant application process?
The full grant cycle typically takes at least 2-3 months, including the due diligence and review process. The foundation aims to provide an initial response to each request within several weeks of submission.
Conclusion
Henry Hillman’s net worth in 2023 stands at an impressive $2.5 billion, a testament to his business acumen and strategic investments. Throughout his career, he has made significant contributions to the business world, particularly in the fields of private equity and venture capital.
Additionally, Hillman’s philanthropic endeavors have left a lasting impact on Pittsburgh, supporting education, arts and culture, healthcare, and community development. His legacy as a visionary businessman and generous philanthropist will continue to inspire future generations. Thank you for reading.
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