Lorry Lokey
CEOs

Lorry Lokey Net Worth

9 months ago

After the war, he attended the University of Oregon and graduated with a degree in journalism. He then went on to found Business Wire, a press release distribution service, in 1961. Lokey has since become a major philanthropist, donating millions of dollars to various causes. He is also the founder of the Lokey Foundation, which supports education, health, and social services. Lorry Lokey is an American businessman and philanthropist with a net worth of $300 million. He was born in Portland, Oregon in 1927 and served in the United States Army during World War II. After graduating from the University of Oregon with a degree in journalism, Lokey founded Business Wire in 1961. He has since become a major philanthropist, donating millions of dollars to various causes, and is the founder of the Lokey Foundation, which supports education, health, and social services.
Lorry Lokey is a member of CEOs

Age, Biography and Wiki

Birth Day March 27, 1927
Birth Place United States
Age 96 YEARS OLD
Birth Sign Aries
Net Worth: $300 Million
Gender: Male

💰 Net worth: $300 Million (2024)

Lorry Lokey, a highly successful and influential figure in the United States, is estimated to have a net worth of $300 million by the year 2024. Known for his remarkable career as a CEO, Lokey has gained significant recognition and admiration for his entrepreneurial skills and contributions to various industries. His achievements have not only made him financially prosperous but have also cemented his position as one of the most respected CEOs in the United States. Lokey's accomplishments serve as an inspiration to aspiring entrepreneurs and solidify his reputation as a true business leader.

He later graduated from Stanford University with a degree in journalism. He was editor of the school newspaper The Stanford Daily and started working for United Press after graduating. Lokey also worked for the Longview Daily News in Washington. In 1961 he started the news release service Business Wire. On the first day of business the company already had seven clients and went on to become an international wire service with 30 locations around the world. In 2003 the company had an annual revenue of $110 million. Lokey sold Business Wire in 2006 for a reported $600 million to Warren Buffett's corporation Berkshire Hathaway. Lokey has been making big donations since 1990 and had donated over $400 million by 2007. The majority of his donations have gone to secondary and post-secondary education. Lokey has donated just under $140 million to the University of Oregon as of Jun 2014. The Lorry I. Lokey Science Advancement and Graduate Education Initiative at the University of Oregon is named for him. The Stanford School of Medicine also named the Lorry I. Lokey Stem Cell Research Building after him for his $75 million donation.

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.