Patrick Ryan
Overview
- Source of Wealth
- Insurance
- Industry
- Finance & Investments
- Residence
- Winnetka, Illinois
- Education
- Northwestern University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 3
Assets
- Ryan Specialty Group Inc127,423,000 shares @ --RYAN-US
Biography
Patrick Ryan is founder and executive chairman of Chicago-based Ryan Specialty Holdings, a wholesale brokerage and specialty insurance firm.
His first brokerage, Ryan Insurance, merged with Combined Insurance in 1982 to form Aon, one of the largest insurance firms today.
He left Aon in 2008 after 41 years as CEO, and founded what became Ryan Specialty Holdings two years later.
In 2021, Ryan brought RSH public in an IPO that valued the company at $1.3 billion.
Ryan and his wife were already the largest benefactors in Northwestern's history before announcing a $480 million gift to their alma mater in 2021.
About
Ryan owns 10% of the Chicago Bears, the very first football team in the NFL.
Ryan's first business venture was selling scrapbooks to female students to pay for Northwestern.