Peter Lewis’s profile picture

Peter Lewis

Peter Lewis’s profile picture
Net worth 2018: $1.2 Billion
Industry: Logistics
Country: United States
Children: 3
Education: Bachelor of Arts / Science, Princeton University
BIOGRAPHY

Peter Lewis was born in United States. Peter Lewis, chairman of Progressive Insurance, died in November 2013, soon after celebrating his 80th birthday. Lewis was the country's most high-profile billionaire backer of drug law reform. During the November 2012 election, he spent almost $3 million helping secure the passage of marijuana legalization bills in both Washington state and Massachusetts. The National Organization for the Reform of Marijuana Laws estimated that Lewis had spent well over $40 million funding the cause since the 1980s. "Our marijuana laws are outdated, ineffective and stupid," Lewis told Forbes in a 2011 interview. Lewis also had a personal reason for publicly backing marijuana. The Ohio native used the drug to combat pain from a partial amputation he had at age 64 on his left leg due to an incurable infection. A Princeton grad, he started out as an underwriter at Progressive, which his father founded, in 1955. He took over 10 years later and remained CEO until 2000. At the time of his death, his net worth was over $1.3 billion, the majority of which was tied up in Progressive's stock.

NET WORTH STATISTIC
2010

$1.1 Billion

2011

$1.05 Billion

2012

$1.1 Billion

2013

$1.2 Billion

2018

$1.2 Billion

TIMELINE
Peter Lewis may refer to:
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