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Howard Kessler Net Worth, Biography & Wiki 2017
Howard J. Kessler is a US businessman and entrepreneur, who is probably best recognized for being the founder of The Kessler Group and Kessler Financial Services, L.P. He is also known for being a huge philanthropist. His career has been active since the early 1970s.
So, have you ever wondered how rich Howard Kessler is, as of mid-2017? According to authoritative sources, it has been estimated that Howard counts the total size of his net worth at the impressive amount of $300 million. This sum of money has been accumulated through his successful involvement in the business industry.
Howard Kessler Net Worth $300 Million
Information about Howard Kessler’s early life and family is unknown to the media, except the fact that he enrolled at Temple University right after matriculation and from where he graduated with a BS degree in Accounting in 1969, after which he became a Certified Public Accountant.
Speaking about his career, Howard’s career in the business industry began in the early 1970s, when he became the Chief Financial Officer of the Teachers Services Organization, where he started selling installment credits to teachers, which marked the beginning of an increase of his net worth. He served on that position until 1978, and at that time Howard also achieved success with developing an idea about credit cards, which would become major financial services provider to the whole world. In the following year, he became a partner of Professional Financial Services in Philadelphia, Pennsylvania, and he then also became the President and Chief Financial Officer of Trans National Financial Services in 1979.
Moreover, Howard became an initiator of the concept of affinity credit card in 1982, and in no time he established his own company called The Kessler Group, in which he serves as the Chief Executive Officer (CEO), and its Chairman, subsequently adding a considerable amount to his net worth. The company became one of the largest companies in the payment industry and it is headquartered in Boston, Massachusetts with an office in Australia. In 2007, Howard sold a part of it to J.C Flowers & Company, and the name of the company was changed to Kessler Capital Holdings but he currently still serves in the same positions.
Apart from his career in the business industry, Howard is also recognized as a huge philanthropist, who launched the Kessler Family Foundation and collaborated with a number of charitable organizations such as United Way of Massachusetts Bay, Dana-Farber/Children’s Hospital, among many others.
Thanks to his charitable work, Howard won several public service awards, including the Carolyn & Peter Lynch Award, the Red Cross Lifetime Achievement Award, the United Way Emerging Corporate Philanthropist Award, as well as the Ellis Island Medal of Honor.
When it comes to talk about his personal life, Howard Kessler is married to Michele, with whom he has two children. The couple’s current residence is in Osterville, Massachusetts.