Albert Ueltschi Net Worth

Albert Ueltschi was an American aviation pioneer and philanthropist. After being inspired by Charles Lindbergh's 1927 transatlantic flight, he opened a hamburger stand to raise money for flying lessons and was making solo flights by age 16. He then dropped out of college to become a pilot for Pan Am and in 1951 founded FlightSafety International, which he sold to Warren Buffett's Berkshire Hathaway for $1.5 billion in stock in 1996. Ueltschi is also the Chairman Emeritus of Orbis International and co-founded HelpMeSee, an organization that funds surgeons who perform low-cost lens replacement surgery for blind individuals in developing countries.
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Age, Biography and Wiki

Birth Place United States

💰 Net worth: $2.1 Billion (2024)

Albert Ueltschi, a prominent figure in the aviation industry, is estimated to have a net worth of $2.1 billion by 2024. Widely recognized as a pioneer of aviation training and safety, Ueltschi is best known for founding FlightSafety International, a leading provider of aviation training services in the United States. Through his remarkable contributions to the industry, he has amassed significant wealth and earned a reputation for his unwavering commitment to service and excellence in the field.

2010 $1.85 Billion
2011 $1.7 Billion
2012 $2.1 Billion
2018 $2.1 Billion

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He began his career with Pan Am in 1941 as Juan Trippe's private pilot, retiring in 1968 at the age of 50. While employed with Pan Am, Ueltschi married his wife Eileen in June 1944.


He founded FlightSafety International in 1951, the world's foremost aviation training organization, after noticing that corporate pilots did not receive the same rigorous training as airline pilots had. His first endorsement came from Trippe, who was President of Pan Am at the time. Ueltschi stepped down as President of FlightSafety in 2003, yet remained Chairman. The motto he started with still remains with FlightSafety today: "The best safety device in any aircraft is a well-trained crew." Berkshire Hathaway acquired FlightSafety in late 1996.


In 2010, Ueltschi cofounded HelpMeSee with his son Jim, to address cataract blindness in the developing world by training thousands of cataract specialists using techniques developed by Ueltschi himself.


On September 18, 2012, Ueltschi signed The Giving Pledge, noting his commitment to cataract relief.