Steven Udvar-Hazy Net Worth

Steven Udvar-Hazy is a Hungarian-American businessman who immigrated to the United States as a child. He is credited with creating the airplane leasing industry, and is the CEO and Chairman of Air Lease Corp., which went public in 2011. He previously founded International Lease Finance Corp., which was sold to AIG in 1990 for $1.3 billion. He also founded a California airline, and donated $66 million to the Smithsonian's National Air and Space Museum, which named the Steven F. Udvar-Hazy Center in his honor.
Steven Udvar-Hazy is a member of Service

Age, Biography and Wiki

Who is it? CEO and Chairman, Air Lease Corp.
Birth Year 1946
Birth Place Beverly Hills, California, United States
Residence Beverly Hills, California, U.S.
Education University High School
Alma mater University of California, Los Angeles (BA)
Occupation CEO of Air Lease Corporation
Salary US$1,622,727 (2010) Total: US$57,768,057 (2010)
Spouse(s) Christine Hazy
Children 4

💰 Net worth: $3.8 Billion (2024)

Steven Udvar-Hazy is a renowned figure in the aviation industry, and his net worth is estimated to reach an impressive $3.8 billion in 2024. As the CEO and Chairman of Air Lease Corp, a leading aircraft leasing company based in the United States, Udvar-Hazy has played a significant role in revolutionizing the global aviation market. With his visionary leadership and expertise, he has successfully built Air Lease Corp into a trusted name in the industry. Udvar-Hazy's vast wealth is a testament to his success and the pivotal role he has played in shaping the aviation landscape.

2009 $2.5 Billion
2010 $2.7 Billion
2011 $3.2 Billion
2012 $3.3 Billion
2013 $3.4 Billion
2014 $3.7 Billion
2015 $3.7 Billion
2016 $3.5 Billion
2017 $3.7 Billion
2018 $3.92 Billion

Some Steven Udvar-Hazy images



The Udvar-Házy family came to the US in 1958, fleeing the Soviet occupation of Hungary. Hazy attended University High School in Los Angeles, and the University of California, Los Angeles.


Udvar-Házy was in his 20s during the later part of transition from propeller aircraft to jets during the mid to late 1960s, and realized that the higher capital investment required to purchase jet aircraft created an opportunity for a leasing Business. He founded ILFC with Leslie Gonda and his son Louis Gonda in 1973, leasing a single used Douglas DC-8 to Aeroméxico. He left ILFC in February 2010 to found Air Lease Corporation.


Udvar-Házy gave a US$66 million grant to the Smithsonian Institution that allowed the U.S. National Air and Space Museum to build the Steven F. Udvar-Hazy Center annex at Washington Dulles International Airport. The annex houses more than 120 aircraft and 140 space-exploration exhibits as of 2006, and also includes the Space Shuttle Discovery. Plans call for eventually installing over 300 aircraft.


The Udvar-Házy family contributed funds to build the Christine and Steven F. Udvar-Hazy Library and Learning Center at Embry–Riddle Aeronautical University's Prescott Campus. This donation is the largest to date made to the university. The Business building at Dixie State University is named after his parents.


In 2016, Prime Minister of Hungary, Viktor Orbán presented Udvar-Házy the Grand Cross of the Order of Merit of Hungary for his achievements in airline industry.