{"id":52924,"date":"2024-03-01T04:28:08","date_gmt":"2024-03-01T04:28:08","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=52924"},"modified":"2024-03-01T04:28:08","modified_gmt":"2024-03-01T04:28:08","slug":"lorry-lokey-net-worth","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/","title":{"rendered":"Lorry Lokey Net Worth"},"content":{"rendered":"<table>\n<tr>\n<th>Category<\/th>\n<th>Information<\/th>\n<\/tr>\n<tr>\n<td>Net Worth<\/td>\n<td>$300 million<\/td>\n<\/tr>\n<tr>\n<td>Salary<\/td>\n<td>N\/A<\/td>\n<\/tr>\n<tr>\n<td>Birthdate<\/td>\n<td>March 1927<\/td>\n<\/tr>\n<tr>\n<td>Birthplace<\/td>\n<td>Portland, Oregon<\/td>\n<\/tr>\n<tr>\n<td>Gender<\/td>\n<td>Male<\/td>\n<\/tr>\n<tr>\n<td>Height<\/td>\n<td>N\/A<\/td>\n<\/tr>\n<tr>\n<td>Profession<\/td>\n<td>Businessman and Philanthropist<\/td>\n<\/tr>\n<tr>\n<td>Nationality<\/td>\n<td>American<\/td>\n<\/tr>\n<\/table>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/#What_is_Lorry_Lokeys_Net_Worth\" title=\"What is Lorry Lokey&#8217;s Net Worth?\">What is Lorry Lokey&#8217;s Net Worth?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/#Highlights\" title=\"Highlights\">Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/#Early_Life\" title=\"Early Life\">Early Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/#Career\" title=\"Career\">Career<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/#Personal_Life\" title=\"Personal Life\">Personal Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/#Net_Worth_Over_Time\" title=\"Net Worth Over Time\">Net Worth Over Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/#Components_of_Net_Worth\" title=\"Components of Net Worth\">Components of Net Worth<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Lorry_Lokeys_Net_Worth\"><\/span>What is Lorry Lokey&#8217;s Net Worth?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Lorry Lokey&#8217;s net worth is estimated to be $300 million. He has accumulated this wealth through his successful business ventures and philanthropic efforts.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Highlights\"><\/span>Highlights<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&#8211; Currently, Lorry Lokey has a net worth of $300 million.<br \/>\n&#8211; He sold his company Business Wire to Warren Buffett&#8217;s Berkshire Hathaway for $600 million in 2006.<br \/>\n&#8211; Lorry Lokey has made significant donations, primarily in the field of education, totaling over $400 million by 2007.<br \/>\n&#8211; He has donated nearly $140 million to the University of Oregon and has funded initiatives such as the Lorry I. Lokey Science Advancement and Graduate Education Initiative.<br \/>\n&#8211; The Stanford School of Medicine named the Lorry I. Lokey Stem Cell Research Building after him in recognition of his $75 million donation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Early_Life\"><\/span>Early Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Lorry Lokey was born in Portland, Oregon in March 1927. He served in the United States Army during World War II. Following his military service, Lokey attended Stanford University and graduated with a degree in journalism. During his time at Stanford, he served as the editor of the school newspaper, The Stanford Daily.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Career\"><\/span>Career<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>After completing his education, Lorry Lokey began working for United Press. He later worked for the Longview Daily News in Washington before venturing into entrepreneurship. In 1961, he founded Business Wire, a news release service. The company had an impressive start, attracting seven clients on its first day of business. Over time, Business Wire expanded its operations to become an international wire service with 30 locations worldwide. By 2003, the company had an annual revenue of $110 million.<\/p>\n<p>In 2006, Lorry Lokey sold Business Wire to Warren Buffett&#8217;s corporation, Berkshire Hathaway, for a reported $600 million. This transaction significantly contributed to his net worth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Personal_Life\"><\/span>Personal Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Lorry Lokey is known for his philanthropic endeavors. Since 1990, he has been making substantial donations, with a particular focus on secondary and post-secondary education. By 2007, he had donated over $400 million through his foundation. Notably, he has contributed nearly $140 million to the University of Oregon, supporting various educational initiatives.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Net_Worth_Over_Time\"><\/span>Net Worth Over Time<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Lorry Lokey&#8217;s net worth has grown steadily over the years. In 2006, after selling Business Wire, his net worth received a significant boost with the reported $600 million acquisition. As of now, he has an estimated net worth of $300 million.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Components_of_Net_Worth\"><\/span>Components of Net Worth<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Lorry Lokey&#8217;s net worth primarily consists of the proceeds from the sale of Business Wire. The reported $600 million acquisition by Berkshire Hathaway played a crucial role in building his wealth. Additionally, his philanthropic contributions have positively impacted his net worth, as he has donated over $400 million to various causes.<\/p>\n<p>In conclusion, Lorry Lokey, an American businessman and philanthropist, has amassed a net worth of $300 million. Through his successful entrepreneurial ventures, specifically the sale of Business Wire, and his generous donations, he has made a significant impact in the business world and the field of education.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Category Information Net Worth $300 million Salary N\/A Birthdate March 1927 Birthplace Portland, Oregon Gender Male Height N\/A Profession Businessman and Philanthropist Nationality American What is Lorry Lokey&#8217;s Net Worth? Lorry Lokey&#8217;s net worth is estimated to be $300 million. He has accumulated this wealth through his successful business ventures and philanthropic efforts. Highlights &#8211; &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Lorry Lokey Net Worth\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/#more-52924\">Read more<span class=\"screen-reader-text\">Lorry Lokey Net Worth<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86278],"tags":[],"class_list":["post-52924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-worth","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lorry Lokey Net Worth<\/title>\n<meta name=\"description\" content=\"CategoryInformationNet Worth$300 millionSalaryN\/ABirthdateMarch 1927BirthplacePortland, OregonGenderMaleHeightN\/AProfessionBusinessman and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lorry Lokey Net Worth\" \/>\n<meta property=\"og:description\" content=\"CategoryInformationNet Worth$300 millionSalaryN\/ABirthdateMarch 1927BirthplacePortland, OregonGenderMaleHeightN\/AProfessionBusinessman and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/lorry-lokey-net-worth\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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