How rich is Riley P. Bechtel?
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Riley P. Bechtel (CBE) (born 1952) is an American heir and businessman. He serves as the Chairman of the Bechtel Corporation. He worked for the law firm of Thelen, Marrin, Johnson & Bridges. He joined Bechtel full time in 1981, was elected President and Chief Operating Officer in March 1989. He became CEO in June 1990. In January 1996 he also became Chairman of Bechtel. He’s an associate of the Trilateral Commission, the American Society of Corporate Executives, The Business Council, the Business Roundtable as well as the National Petroleum Council. He sits on the Corporate Council of the Conservation Fund as well as the Board of Trustees of the Ocean Exploration Trust. He was named to the President’s Export Council by George W. Bush. In 1998, he along with his dad Stephen, Jr., were presented with the Honour Award from the National Building Museum for their firm’s contributions to America’s built environment. He resides in California along with his wife Susan. He’s an associate of the exclusive Augusta National Golf Club, along with the all-male Bohemian Club in San Francisco and attends its annual encampment, the Bohemian Grove. Having an estimated worth of over $5.5 billion, he’s consistently rated in the top 200 most affluent individuals in the U.S. and the top 500 most affluent people in the world by Forbes Magazine. In February 2014, Mr Bechtel declared that, after 25 years, he was stepping down as the Chief Executive Officer of Bechtel Corporation due to health reasons connected with Parkinson’s disease.