Latest Update: Maurice R. Greenberg's Assets & Salary ( Updated) Net Worth 2026: Career Earnings & Assets

As one of the most talked-about figures, Maurice R. Greenberg has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.

What is Maurice R. Greenberg's Net Worth?

Maurice R. Greenberg was born on May 4, 1925 in New York City to Jewish parents Ada and Jacob. His mother remarried after his father's passing in the early 1930s. During World War II, Greenberg served in the US Army, participating in Operation Overlord and the liberation of Dachau. He later served during the Korean War. For his higher education, Greenberg attended the University of Miami, from which he earned his bachelor's degree in 1948. He went on to obtain an undergraduate law degree from New York Law School in 1950. Although he was admitted to the New York Bar in 1953, Greenberg did not practice law.

In 1962, Greenberg became head of North American holdings at the finance and insurance corporation American International Group, having been appointed by AIG's founder Cornelius Vander Starr. Greenberg was officially chosen to succeed Starr as chairman and CEO in 1968, and the following year, AIG went public. The corporation expanded significantly during the 1970s as it introduced specialized energy, transportation, and shipping products. AIG continued to grow over the ensuing decades, until an accounting scandal in 2005 dented its reputation. Amid a series of fraud investigations conducted by the SEC, the US Department of Justice, and the New York State Attorney General's Office, Greenberg was ousted from AIG.

Maurice R. "Hank" Greenberg is a business executive and public servant who has a net worth of $250 million.Hank Greenbergcurrently serves as the chairman and CEO of the global insurance and investment company C.V. Starr. Formerly, he served as the chairman and CEO of the finance and insurance corporation American International Group (AIG). Greenberg was ousted from AIG in 2005 amid an accounting scandal, for which he was subsequently charged by both the New York Attorney General and the SEC.

American International Group

Peak Net Worth & Wealth Evaporation

In 1960, Greenberg became vice president of the global insurance and investment company C.V. Starr, which was founded by AIG founder Cornelius Vander Starr. He went on to be elected director of C.V. Starr in 1965, and chairman and CEO of the company in 1968. Greenberg is also the chairman of the board and managing director of Starr International. Under his leadership, Starr has invested over $1 billion in China since 2005.

In May 2007, Greenberg sold $42 million worth of his AIG shares. In September 2008, the United States government was forced to rescue the flailing AIG through an $85 billion bailout. The government essentially purchased an 80% stake in AIG then proceeded to sell off the company's most valuable assets. Hank Greenberg owned 13 million shares in the insurance giant. At the peak of AIG's success in December 2007, those shares were worth $1.1 billion. At the time the government bailed out AIG, his stake was worth just $25 million. In January 2010, Greenberg offloaded his entire remaining stake in AIG to Swiss bank UBS for $278 million. He also subsequently had to pay $9 million to settle a civil case brought by the NY Attorney General and $15 million in penalties to settle charges from the Securities Exchange Commission.

Maurice R. Greenberg in 1986 (Photo by Rob Kinmonth/Getty Images)

Ultimately, Maurice R. Greenberg's financial journey is a testament to their success.

Disclaimer: All net worth figures are estimates based on public data.