Herb Kelleher Net Worth is$2.5 Billion
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Profession: Lawyer, Businessperson

Date of Birth: Mar 12, 1931

Nicknames: Herbert D Kelleher

Country: United States of America

Herbert D. Kelleher is the co-founder, and Chairman Emeritus and former CEO of Southwest Airlines, with a net worth of $2.5 billion. Herbert Kelleher has earned his net worth from his Texas law firm and later from the creation of Southwest Airlines. He was born in Haddon Heights, New Jersey; he earned a bachelor's degree from Wesleyan University and a Juris Doctor from New York University.
Herbert "Herb" Dwight Kelleher (born March 12, 1931) is the co-founder, Chairman Emeritus, and former CEO of Southwest Airlines (based in the United States).
Kelleher was born in Trenton, New Jersey on March 12, 1931 and raised in Audubon, New Jersey, where he graduated from Haddon Heights High School. He has a bachelor's degree from Wesleyan University where he was an Olin Scholar and where his major was English and his minor Philosophy, and a Juris Doctor from New York University where he was a Root-Tilden Scholar. At Wesleyan he was a member of Delta Kappa Epsilon fraternity. He is married to the former Joan Negley and they have four children.
The Kellehers moved to Texas intending to start a law firm or a business. Kelleher and one of his law clients, Texas businessman Rollin King, created the concept that later became Southwest Airlines on a cocktail napkin in a San Antonio, Texas restaurant. From its birth in 1971 - after overcoming a year's worth of legal challenges from competitors who tried to keep it grounded - Southwest succeeded by daring to be different: offering low fares to its passengers by eliminating unnecessary services and avoiding the "hub-and-spoke" scheduling system used by other airlines in favor of building traffic in such secondary airports as Albany, Chicago-Midway (instead of Chicago-O'Hare) and Orange County.
Some of the notable characteristics of Southwest during its early years included an innovative 10 minute turnaround, airhostesses in hotpants, and free bottles of alcohol with every ticket.
During his tenure as CEO of Southwest, Kelleher's colorful personality created a corporate culture which made Southwest employees well-known for taking themselves lightly-often singing in-flight announcements to the tune of popular theme songs-but their jobs seriously. Southwest has never had an in-flight fatality. Southwest is consistently named among the top five Most Admired Corporations in America in Fortune magazine's annual poll

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Herb Kelleher Latest News

Southwest Airlines CEO has never taken a bonus or given himself a raise

Southwest Airline CEO Herb Kelleher declines pay increases or bonuses, and he uses his compensation as a tool that helps him lead his company.
Posted: August 14, 2017, 6:00 am

Want to Accomplish More in Less Time? 9 Things the Most Effective People Always Do

3. Always use your goals to make your decisions automatic. In one of his podcasts Tim Ferriss describes how Herb Kelleher, the CEO of Southwest Airlines, makes so many decisions every day. Kelleher applies a simple framework to every issue: Will this help ...
Posted: July 31, 2017, 5:01 am

How to engage an underperforming staff

Southwest Airlines is another success story. Co-Founder and Former CEO Herb Kelleher had an interesting way of putting it: Employees come 1 st and customers come 2 nd. Think about it: if you keep your employees happy, they’ll keep your customers happy.
Posted: August 15, 2017, 11:23 am

How to Burn your Bridges with People and in Life

There is an excellent example of bridge burning in a career context in the book Essentialism, the Disciplined Pursuit of Less: Herb Kelleher, who led Southwest airlines for years, made very deliberate trade-offs; decisions he was lambasted for. Rather than ...
Posted: August 19, 2017, 1:52 am

How Southwest And Virgin America Win By Putting People Before Profit

Richard Branson and Herb Kelleher, two of the world’s most legendary entrepreneurs, share a similar philosophy: take care of your people first and profits will follow. Some experts interviewed for the New York Times article predicted that Virgin America ...
Posted: September 10, 2013, 7:12 am
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