Wed, Mar 3rd, 2021
Subscribe
Log In
Lists
Book of Lists
The Money Issue
LA500
Wealthiest Angelenos
Health Care
Real Estate
Finance
Manufacturing
Tech
Infrastructure
Travel/Leisure
Media
Professional Services
Events
2021 Events
2020 Events
2019 Events
Custom Features
Custom Content
Trusted Advisors
People on the Move
Companies on the Move
Videos
×
Los Angeles Business Journal
Orange County Business Journal
San Diego Business Journal
San Fernando Valley Business Journal
Subscribe
Follow
Follow our NEWS
Facebook
Twitter
Instagram
LinkedIn
Follow our EVENTS
Facebook
Twitter
Instagram
Email Alerts
Log In
Search
×
Wednesday, March 03, 2021
Wed, Mar 3rd, 2021
Subscribe
Log In
Lists
Book of Lists
The Money Issue
LA500
Wealthiest Angelenos
Health Care
Real Estate
Finance
Manufacturing
Tech
Infrastructure
Travel/Leisure
Media
Professional Services
Events
2021 Events
2020 Events
2019 Events
Custom Features
Custom Content
Trusted Advisors
People on the Move
Companies on the Move
Videos
Home
32
NET WORTH:
$2.4 billion
AGE:
76
RESIDENCE:
Bel Air
SOURCE OF WEALTH:
Inheritance, money management
LAST YEAR:
$2.2 billion
CHANGE:
+9%
THE MONEY:
Day serves as chairman and chief executive of the W.M. Keck Foundation, one of the largest charitable organizations in the United States with more than $1 billion in assets. The foundation, which offers grants in engineering, science and medical research, was created by Day’s grandfather, Superior Oil Co. founder William Myron Keck. Day also serves as chief executive of hedge fund Oakmont Corp. He started his career in finance at White Weld & Co. and founded investment management firm Trust Co. of the West in 1971. Day sold 70% of the company to French bank Société Générale in 2001 for between $1.4 and $1.9 billion.
THE BUZZ:
In May the W.M. Keck Foundation provided a $2 million grant to establish the UCLA W.M. Keck Foundation Covid-19 Research Fund. The university said the fund supports basic science research aimed at understanding the virus and developing new methods to detect infection and create treatments. The foundation also granted an additional $8 million to other Los Angeles institutions to support Covid-19 research and emergency relief efforts. Day was born in Los Angeles and graduated from Claremont McKenna College. In 2007, he made a $200 million donation to the school to create the Robert Day Scholars Program.
Return to the 2020 edition of the LA500.