Patrick Ryan's Biography

Patrick G. Ryan is an iconic American businessman and insurance magnate, best known as the founder and executive chairman of Ryan Specialty Group. Born on March 15, 1937, in Chicago, Illinois, Patrick Ryan is a Northwestern University graduate and a visionary leader in the insurance and risk management industry. He began his illustrious career in 1964 when he started his own insurance enterprise, which flourished and ultimately evolved into Aon Corporation, one of the world’s largest insurance brokerage firms. After decades of success at Aon, Ryan went on to establish the Ryan Specialty Group in 2010, further cementing his legacy as an industry innovator. Ryan is widely respected for his philanthropic efforts, notably donating over $250 million to Northwestern University and contributing generously to medical research and community causes. As of 2024, his net worth is estimated at $8.5 billion, making him one of America’s most influential self-made billionaires. Ryan is celebrated for his commitment to ethical business practices, his passion for fostering new talent, and his enduring impact on both the insurance sector and higher education. He lives in Chicago with his wife, Shirley Ryan, with whom he shares three children. Patrick Ryan's story exemplifies the power of vision, perseverance, and giving back to the community.