Jeff Immelt Net Worth 2024: Age, Height, Weight, Wife, Kids, Bio-Wiki

Jeffrey Robert Immelt is a business executive from the United States of America, he was born on 19, February 1956, and he is presently operating as New Enterprise Associates business partner. Jeff resigned as the Chief Executive Officer of the United States of America based conglomerate General Electric on August 1, 2017. He has retired from his Chairman of the board position since October 2, 2017.

Maybe you know about Jeff Immelt very well, but do you know how old and tall is he and what is his net worth in [current date format=’Y’]? If you do not know, we have prepared this article about details of Jeff Immelt’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.

Early Life & Biography

Jeff was born and raised in Cincinnati by his parents Donna Rosemary who was a teacher, and his father, Joseph Francis Immelt, was a manager at the General Electric Aircraft Engines Division.

Jeff Immelt went to Finneytown High School and used to play football in college, playing as an offensive tackle. Jeff graduated with an A.B. in Applied Mathematics and Economics from Dartmouth College. He graduated among the class of 1977 and was president of his fraternity, Phi Delta Alpha, and presently works on the Dartmouth board of trustees.

During his Dartmouth years, Jeff operated summers on a Ford assembly line in Cincinnati and worked for Procter and Gamble after graduation before proceeding to Harvard University for his MBA.

Jeff Immelt got his MBA from Harvard Business School, after his graduation in 1982. Jeff described the school of business as one of the most extreme times of one’s life.

Personal Life

Jeff Immelt is a family man and is married to, Andrea and both parents have sired a daughter named Sarah. The couple initially lived in New Canaan, Connecticut, until 2015, following their purchasing of a home in Boston. Their buying of a New York apartment made headlines in a Forbes article.

Age, Height, and Weight

Being born on February 19, 1956, Jeff Immelt is 68 years old as of today’s date [current date]. His height is 1.76 meters tall, and his weight is 73 kg.

Career

Jeff Immelt has stayed with G.E. since the year 1882, following his graduation from Harvard with a Master’s degree in Business Administration. He held a couple of progressively more senior positions in G.E.’s plastics, healthcare business, and appliances. Jeff became the office of G.E. in the year 1989 and later joined the Capital Board of G.E. in 1997. Jeff Immelt took on the G.E. Healthcare leadership before being declared the Chief Executive Officer (CEO).

The race for the CEO slot that Jeff won started after Jack Welch asked Gary Wendt, to resign, following the theory that he would outshine other candidates of Welch. Gary was the G.E. Financial Services, Inc head and of than $41 billion empires, and the most profitable division of G.E.

Jeff outshined Robert Nardelli, a close associate to Welch, having a nickname, “Little Jack.” Jeff was chosen by the Board of G.E. in November 2000 to replace Welch as the Chief Executive Officer of G.E. and worked as the president and chairman-elect of G.E. for ten months before becoming the CEO and Chairman of G.E. on September 7, 2001. Jeff Immelt then retired three months before his retiring date.

Jeff Immelt is retired General Electric Chairman of the board and the Chief Executive Officer.

Jeff is on non-profit, making Robin Hood Foundation organization board. The organization is devoted to addressing poverty issues in New York City.

Awards & Achievements

Jeff Immelt has received various awards throughout his career. The awards comprise of Barron’s, World’s Best CEO, which he won three times. He also received The Financial Times Award, Man of the Year, back in the year 2003. Jeff also received TIME Award for “100 most influential people in the world”.

Net Worth & Salary of Jeff Immelt in [current date format=’Y’]

As of November 2024, Jeff Immelt has an estimated net worth of more than $170 million. During his peak days with the G.E., he received an annual salary of $20 million. Jeff gets most of his income for being a CEO at General Electric and also working as Chairman of the board.

Jeff spent vast amounts of cash on stock buybacks at costs that would ultimately prove to be very expensive. Following his retirement from General Electric in 2017, Jeff had a whopping $85 million in pension repayment alone. Jeff Immelt also makes extra cash by making public appearances and monetizing himself on social media platforms.

Jeff Immelt is successful career personnel, and it is through hard work and dedication towards his career that has seen him climb in ranks to where he is currently. Despite the G.E.’s economic recession chaos, it is because of Jeff Immelt and his excellent leadership that G.E. has frequently appeared and listed among the most admired syndicates in terms of respect, innovation, and leadership.