Larry Hillblom Net Worth is$300 Million
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Profession: Businessperson

Date of Birth: 1943-05-12

Nicknames: Larry Lee Hillblom

Country: Kingsburg

Larry Hillblom net worth: Larry Hillblom is an American businessman and co-founder of DHL. He was born on May 12, 1943 in Kingsburg, California, and studied law at the University of California. While in school, Larry took a job as a courier which included flying packages between San Francisco and Los Angeles. After graduation from university, Hillblom started a courier business that flew bills of lading from San Francisco to Honolulu and with his two friends, Adam Daisley and Robert Lynn. In 1969, Daisley, Hillblom, and Lynn started DHL. In the beginning, the three founders drove goods from San Francisco that needed to be rushed to the airport in Los Angeles. By the 70s, DHL became one of the fastest-expanding delivery companies in the United States. By the 90s, DHL became the world's largest air-express company with and annual revenue of $3 billion. After the success of DHL, Larry Hillblom took his attention to projects in Hawaii, Vietnam, and the Philippines. In the last 15 years of his life, Hillblom has lived in Saipan where he acted as the president of the Bank of Saipan (1982-1986), and served as the Special Justice on the Supreme Court in the Northern Marianas. Hillblom invested heavily on new and daring projects. After the success with DHL, he spent $40 million in Vietnam trying to restore the Dalat Palace Hotel and Golf Course. In addition to colonial restorations, he also owned a wide portfolio including shares in Air Micronesia. When Continental Airlines announced bankruptcy, Hillblom spent a large portion of his wealth to recapitalize the company in 1993. His personal fleet of airplanes consisted of new and vintage models which alone were worth millions. Tragically, on May 21, 1995, while flying from Pagan Island to Saipan, Hillblom's seaplane crashed. His body was never recovered.
Larry Lee Hillblom (1943???1995) was an American businessman, and a co-founder of DHL Worldwide Express, a shipping company.
Larry Hillblom was born on May 12, 1943, and raised in Kingsburg, California.He was a graduate of Fresno State and the University of California, Berkeley's Boalt Hall School of Law and briefly clerked for San Francisco based attorney Melvin Belli. He is the subject of a biography by James Scurlock.
In 1969, Hillblom co-founded DHL, which delivered shipping documents via air courier days before the ship arrived, so that the ships could be quickly unloaded. The company was later transformed into a general air courier, and Hillblom's wealth expanded to several billion dollars. In the 1980s, he moved to Saipan, where he started several businesses and development projects in Hawaii, Vietnam and the Philippines.
In Vietnam, he spent $40 million to restore the Dalat Palace Hotel as well as the Dalat Palace Golf Course, in an attempt to recreate colonial times. Other investments included the Novotel Dalat, Novotel Phan Thiet and Ocean Dunes Golf Course and the Riverside Apartments outside Ho Chi Minh City. The investment was done via an overseas holding company to avoid an American embargo against Vietnam. The Dalat Palace Hotel featured French restaurants and "Larry's Bar". The hotel opened in 1995 under Hillblom and his Vietnamese partners' ownership with management personnel provided by Accor.
Hillblom is described in his biography by James Scurlock, King Larry: The Life and Ruins of a Billionaire Genius, as having bedded underage girls after moving to Saipan.
Hillblom was an aircraft enthusiast, and flew several vintage aircraft. His seaplane crashed on May 21, 1995, on a flight from Pagan Island to Saipan. The bodies of the pilot and of a fellow passenger / business partner were found; Hillblom's body was never recovered.
Hillblom's will stated that the University of California, San Francisco (UCSF) would receive his estate, and

Larry Hillblom Latest News

King Larry: The story of a business monster

Smith reviews James D. Scurlock’s King Larry, a new biography of eccentric DHL co-founder Larry Hillblom. Growing up fatherless on a peach farm in California, Larry Hillblom told friends he wanted to be like Howard Hughes some day. He came closer than ...
Posted: February 4, 2012, 3:34 am

The Bizarre Road of a DHL Founder

The billionaire in question is one you may have never heard of: Larry Hillblom, better known as the “H” in DHL, the shipping company. He rose fast, lived hard, lived harder, lived a little creepily, then really creepily, and then died, kind of ...
Posted: August 19, 2014, 6:34 pm

Book Review: King Larry by James D. Scurlock

Scurlock’s King Larry is a fun, trashy analog to Walter Isaacson’s Steve Jobs. Like Jobs, Scurlock’s subject, Larry Hillblom, the founder of the express-delivery pioneer DHL, was a postwar California boy who bootstrapped his way out of his working ...
Posted: January 12, 2012, 11:23 am

Study suggests possible link between two Type 2 diabetes drugs and pancreatic cancer

Researchers from the Larry L. Hillblom Islet Research Center at UCLA examined the U.S. Food and Drug Administration's database for adverse events reported between 2004 and 2009 among patients using the drugs sitagliptin and exenatide. They found a six-fold ...
Posted: September 16, 2011, 1:05 pm

Neuropeptide Y expression marks partially differentiated β cells in mice and humans

1 Larry L. Hillblom Islet Research Center, David Geffen School of Medicine, UCLA, Los Angeles, California, USA. 2 Children’s Hospital Los Angeles (CHLA), Keck School of Medicine, University of Southern California (USC), Los Angeles, California ...
Posted: June 14, 2017, 5:00 pm
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