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Richest Man in Equipment Leasing

Dave Harmon was the single largest owner of a leasing company until he sold off the majority of his portfolio of El Camino Leasing in Woodland Hills, California,  in 2001.  The mantle then went to San Francisco's ATEL Capital Group President A.J. Batt, who then shortly retired to give the title of  world's richest leasing owner to Dean Cash, his "partner for twenty years," who now owns almost 75%.. Perhaps this has now passed to Patrick Byrne, president of Balboa Capital, Irvine, California who recently bought out his partner Shawn Giffin. 

Nevertheless, officially, the title of richest single person in leasing should go to 56 year old Steven Ferencz Udvar-Hazy who is listed  in Forbes magazine with a net worth of $2.6 billion. He currently resides in Beverly Hills, California.  He started the company with his father.

 Udavar-Hazy founded International Lease Finance Corporation which was sold to the  insurance company AIG, American International Group.

 ILFC was the nation's largest lessor and financier of jet aircraft.

 

Their website:  http://www.ilfc.com/

 

 


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