Steven F Udvar Hazy Net Worth is$3.4 Billion
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Nickname: Steven F Udvar-hazy, Steven Ferencz Udvar-H?zy (Istv?n, Steve Hazy
Ethnicity: Hungarian people | Caucasian race
Nationality: United States of America
Date of Birth: 1946
Place of Birth: Budapest
Steven Udvar-Hazy Net Worth: Steven Udvar-Hazy is a Hungarian-born American entrepreneur who has a net worth of $3.4 billion. Born Steven (Hungarian: Istv?n) Ferencz Udvar-Hazy in 1946, in Budapest, Hungary, he is considered to be the godfather of the airplane leasing industry. In order to flee from the Soviet occupation of Hungary, the Udvar-Hazy family came to the USA in 1958. After graduating from University of California, Udvar-Hazy launched his own commuter airline. But struggling to keep on the track, he soon realized that money didn't lay in operating airlines, but in leasing airplanes to airlines. In 1973, together with two partners, he set up International Lease Finance Corporation. In a short period of time, he became a Chairman of the board, and the company was sold to AIG for $1.2 billion in 1990. Later on in 2010, he founded his second company, Air Lease Corporation, which is a direct competitor to AIG; and the two companies are currently involved in an ongoing civil suit over trade secrets. Moreover, Udvar-Hazy donated $66 million to the Smithsonian Institution that allowed the U.S. National Air and Space Museum to create the Steven F. Udvar-Hazy Center annex at Washington Dulles International Airport. He also gave his contribution to the opening of the Christine and Steven F. Udvar-Hazy Library and Learning Center at Embry-Riddle Aeronautical University.
Steven Ferencz Udvar-H??zy (Istv??n or Steve Hazy; born 1946, Budapest, Hungary) is the CEO of Air Lease Corp. He is the former Chairman and CEO of International Lease Finance Corporation (ILFC), one of the two largest aircraft lessors in the world (the other being GECAS). In 2011, Forbes ranked him as the world's 409th richest person, with a net worth of US$3.2 billion.
The Udvar-H??zy [??udv??r??ha??zi] family came to the United States in 1958, fleeing the Soviet occupation of Hungary. Hazy attended the University of California, Los Angeles.
Hazy was still 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 two partners in 1973, leasing a single used DC-8 to Aeromexico.
Udvar-Hazy is responsible for 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-Hazy family contributed funds to build the Christine and Steven F. Udvar-Hazy Library and Learning Center at Embry-Riddle Aeronautical University's Prescott Campus. The new library provides students with updated facilities and a great view of the surrounding campus. This donation is the largest to date made to the university. The business building at Dixie State University is named after his parents.

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Steven F Udvar Hazy Latest News

Psyched about ‘The Last Jedi’? Here’s how to get your Star Wars fix in D.C.

Visitors will also be able to watch the movie in Steven F. Udvar-Hazy’s Airbus Imax Theater as well as the Lockheed Martin Imax Theater at the Mall location. Both museums will have characters in costume wandering aroundon Friday and Saturday, so bring a ...
Posted: December 14, 2017, 4:00 am

Air Lease Corporation Announces Delivery of Azores Airlines' First A321neo

The A321neo brings new levels of operating efficiency, passenger comfort, low fuel burn and emissions as well as network flexibility to Azores," said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. Forward-Looking Statements This press ...
Posted: December 13, 2017, 11:03 pm

LOT Polish Airlines Takes Delivery of First Boeing 737 MAX 8

The MAX 8 offers new efficiencies and an enhanced passenger experience that will better serve LOT's growing route networks," said Steven F. Udvar-Hazy, Air Lease Corporation's Executive Chairman. ALC has 129 more 737 MAX airplanes on order. The Boeing 737 ...
Posted: December 4, 2017, 10:30 pm
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