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Biggest Life-Insurance Policy in the World: Who Owns It? [Billionaire]
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Biggest Life-Insurance Policy in the World: Who Owns It? [Billionaire]
Happening upon an article appearing in the Chicago Tribune newspaper from 1936, I learned that industrialist Pierre S. Dupont owned most life insurance of any American alive at that time.
It made me wonder: What's the biggest life-insurance, today? And... just who owns the largest insurance policy in the world?
In this video, I take a look into those questions.
I examine two main claimants: an alleged $212-million contract industry blogs attributed to agent Tony Steigerwald, and the apparent Guinness-World-Record holder, a $201-million policy sold by Dovi Frances and owned by an unspecified "Silicon-Valley entrepreneur."
Along the way, I survey publicly available information regarding "life events" for six (6) candidates: Twitter's Jack Dorsey, Teslas's Elon Musk, Google's Larry Page & Sergey Brin, Oracle's Larry Ellison, and Facebook's Mark Zuckerberg.
"Honorable mentions" go to eBay's Jeffrey Skoll and ex-Microsoft chieftain, Bill Gates.
According to reports, previously, the biggest policy was owned by film titan David Geffen (and sold by one Peter Rosengard). I refer to -- but do not go into -- claims that famed movie director Stephen Spielberg has a $1.2-billion life-insurance policy. The reason for this is that I have looked into the Spielberg claim in another video, for which, see here:
For additional insight into why billionaires might purchase life insurance, see some of my past videos. E.g.,:
"10 Uses for Life Insurance Beyond Final Expenses"
And:
"Life Insurance in Retirement?"
See, also, Graham Stephan's presentation "How I Borrow FREE Money," here:
Disclaimer: I am not a financial adviser. This video is intended for general informational or entertainment purposes only. Nothing herein should be construed as providing financial, insurance, investment, legal, retirement, savings, tax, or any other sort of advice. For personalized evaluations or recommendations, consult licensed experts in your area.
For further reading, see:
Happening upon an article appearing in the Chicago Tribune newspaper from 1936, I learned that industrialist Pierre S. Dupont owned most life insurance of any American alive at that time.
It made me wonder: What's the biggest life-insurance, today? And... just who owns the largest insurance policy in the world?
In this video, I take a look into those questions.
I examine two main claimants: an alleged $212-million contract industry blogs attributed to agent Tony Steigerwald, and the apparent Guinness-World-Record holder, a $201-million policy sold by Dovi Frances and owned by an unspecified "Silicon-Valley entrepreneur."
Along the way, I survey publicly available information regarding "life events" for six (6) candidates: Twitter's Jack Dorsey, Teslas's Elon Musk, Google's Larry Page & Sergey Brin, Oracle's Larry Ellison, and Facebook's Mark Zuckerberg.
"Honorable mentions" go to eBay's Jeffrey Skoll and ex-Microsoft chieftain, Bill Gates.
According to reports, previously, the biggest policy was owned by film titan David Geffen (and sold by one Peter Rosengard). I refer to -- but do not go into -- claims that famed movie director Stephen Spielberg has a $1.2-billion life-insurance policy. The reason for this is that I have looked into the Spielberg claim in another video, for which, see here:
For additional insight into why billionaires might purchase life insurance, see some of my past videos. E.g.,:
"10 Uses for Life Insurance Beyond Final Expenses"
And:
"Life Insurance in Retirement?"
See, also, Graham Stephan's presentation "How I Borrow FREE Money," here:
Disclaimer: I am not a financial adviser. This video is intended for general informational or entertainment purposes only. Nothing herein should be construed as providing financial, insurance, investment, legal, retirement, savings, tax, or any other sort of advice. For personalized evaluations or recommendations, consult licensed experts in your area.
For further reading, see:
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