Albert Ueltschi Net Worth is
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Albert Lee Ueltschi (May 15, 1917 a?? October 18, 2012) is considered the father of modern aviation training and was the founder of FlightSafety International. Ueltschi was once personal pilot to Juan Trippe and an associate to Charles Lindbergh. On July 21, 2001, Al Ueltschi was enshrined at Dayton, Ohio, in the National Aviation Hall of Fame class of 2001, along with test pilot Joe Engle, United States Marine Corps ace Marion Carl, and USAF ace Robin Olds.
Ueltschi was born and raised in Franklin County, Kentucky. He was the youngest of seven children to Robert and Lena Ueltschi. At age 16, Ueltschi opened a hamburger stand named "Kitty Hawk" across from a White Castle near his high school in Frankfort, Kentucky to pay for flying lessons. His first airplane, purchased using profits earned from Kitty Hawk, was a Waco 10. Ueltschi attended the University of Kentucky for a year but dropped out and instead started a barnstorming career, eventually teaching student pilots at the Queen City Flying Service in Cincinnati. On one occasion, he survived falling out of his airplane while on an instruction flight, parachuting into a briar patch while his student landed safely on his own.
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 after noticing that corporate pilots did not receive the same rigorous training as airline pilots had. His first endorsement came from Juan Trippe, the president of Pan Am. He 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."
He spent his winters in Vero Beach, Florida, but worked daily in the warmer months at FlightSafety's headquarters at the Marine Air Terminal at LaGuardia Airport in Flushing, Queens, N

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Albert Ueltschi Latest News

Dr. Strauss receives Albert Lee Ueltschi Award for Simulation in Ophthalmology from ISMSICS

The award was presented to Dr. Strauss during a ceremony at the Comprehensive Cataract Conference 2017 (CCC 2017) in Chennai, India in recognition of his numerous contributions to developing simulation-based training for cataract specialists around the world.
Posted: December 3, 2017, 5:21 pm

Why billionaires find Gates, Buffett's Giving Pledge so easy to sign

But defining what constitutes half is difficult, a point exemplified by the estate of Albert Ueltschi. A Kentucky-born pilot of Swiss ancestry, Ueltschi became a billionaire by selling his FlightSafety International pilot- training schools to Warren ...
Posted: June 4, 2015, 2:34 pm

Bill Gates, Warren Buffett bask in pledge's glow - but one detail gets overlooked

But defining what constitutes half is difficult, a point exemplified by the estate of Albert Ueltschi. A Kentucky-born pilot of Swiss ancestry, Ueltschi became a billionaire by selling his FlightSafety International pilot- training schools to Warren ...
Posted: June 4, 2015, 4:34 pm
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