A well known philanthropist, Peter Lewis is an American businessman who now serves as the Chairman of the Board of Progressive Insurance Company. Peter also served as the organization ‘s CEO but he retired in 2000.
Peter Lewis Net Worth $1.2 Billion
After graduating from the Princeton University, Lewis was hired as an underwriting trainee at Progressive Insurance Company. When he became the chief executive officer, the company has 40 workers already. In 1960s, the firm already hired more than 100 workers and it had a total revenue of over $6 million. As of 2010, the company has 27,250 workers with $15 billion worth of sales. On exactly the same year,Progressive Insurance Company became the third biggest insurance business in the USA.
They have three children collectively named Adam Joseph, Jonathan and Ivy. Peter Lewis is regarded as a supporter of drug reform law. Actually, he is instrumental in the passing of marijuana legalization bills in Massachusetts and Washington States.