What is Riley Bechtel's Net Worth?
Riley Bechtel is an American heir and businessman with an estimated net worth of $3.9 billion. As a member of the fourth generation of the Bechtel family, Riley leads Bechtel Corporation, the largest construction and engineering company in the United States, serving as Chairman and Chief Executive Officer. He joined the company in 1981 and took on the CEO role from his father, Stephen Bechtel Jr., in 1990. Alongside his father, Riley is believed to own 20% of the firm, which undertakes significant infrastructure projects such as roads, railways, ports, airports, liquefied natural gas processing plants, and copper smelters.
In 2012, the father-and-son duo saw their company's revenues rise by 15% to $37.9 billion. This surge can be attributed to major projects like the construction of the Hoover Dam, the Channel Tunnel, and more recently, the Crossrail project—a 21-km rail tunnel across London. Riley Bechtel is reportedly a member of San Francisco's exclusive Bohemian Club and participates actively on the Board of the Indian School of Business and the Chancellor's Board of Advisors at the University of California, his alma mater.