What is Riley Bechtel's Net Worth?
Riley Bechtel is an American heir and businessman who has a net worth of $3.9 billion. He belongs to the fourth generation of the Bechtel family to lead the largest construction and engineering company in the States, Bechtel Corporation, where he serves as Chairman and Chief Executive Officer. Working in the company since 1981, Riley took over the position of CEO from his father, Stephen Bechtel Jr., in 1990. Along with his father, he is believed to own 20% of the company, which deals with building roads, railways, ports, airports, as well as liquefied natural gas processing plants and copper smelters.
According to figures, the father-and-son revenues increased 15% in 2012 reaching $37.9 billion. The boost happened after they finished notable projects like Hoover Dam, the Channel Tunnel and the more recent one, Crossrail, a 21-km rail tunnel across London. Reportedly a member of San Francisco's exclusive Bohemian Club, he also is a part of the board of the Indian School of Business, as well as a member of the Chancellor's Board of Advisors at the University of California, his alma mater.