Steven Udvar-Hazy: Steven Udvar-Hazy Net Worth, Biography, Age, Spouse, Children & More

About Steven Udvar-Hazy

Steven Ferencz Udvar-Házy, a Hungarian-American billionaire and aviation leasing pioneer, chairs Air Lease Corporation and has a net worth of $4 billion (Forbes, 2021). After immigrating from Soviet-occupied Hungary in 1958, Udvar-Házy capitalized on airline industry changes and founded International Lease Finance Corporation in 1973. He later established Air Lease Corporation in 2010. His philanthropic efforts include substantial donations to the Smithsonian Institution and education institutions. Udvar-Házy, a family man, calls Beverly Hills home.

Born

February 23, 1946 in Budapest, Hungary

Age

80 years

Source Of Wealth

Aircraft Leasing

Industries

Service

Citizenship

United States

Residence

Westlake, Texas

Education

Bachelor of Arts/Science, University of California, Los Angeles

Spouse

Christine Hazy

Children

Steven Ferencz Udvar-Házy was born in 1946. His family moved to the United States in 1958, fleeing the Soviet occupation of Hungary. He attended University High School in Los Angeles and the University of California, Los Angeles.

Steven Udvar-Hazy: Family

Steven Ferencz Udvar-Házy is married with four children. He resides in Beverly Hills, California.

Steven Udvar-Hazy: Career Highlights

Steven Ferencz Udvar-Házy recognized the opportunity for an aircraft leasing business during the transition from propeller aircraft to jets in the mid-to-late 1960s. He founded International Lease Finance Corporation (ILFC) with Leslie Gonda and Louis Gonda in 1973, leasing a single used Douglas DC-8 to Aeroméxico. He left ILFC in February 2010 and founded Air Lease Corporation.

Steven Udvar-Hazy: Companies

Steven Ferencz Udvar-Házy is the executive chairman of Air Lease Corporation and the former chairman and CEO of International Lease Finance Corporation (ILFC).

Steven Udvar-Hazy: Major Achievements

Steven Ferencz Udvar-Házy is credited with building ILFC into one of the world's largest aircraft lessors. He also played a key role in the development of the aircraft leasing industry as a whole.

Steven Udvar-Hazy: Awards & Achievements

Steven Ferencz Udvar-Házy has received numerous awards and honors for his contributions to the aviation industry, including the Grand Cross of the Order of Merit of Hungary from Prime Minister Viktor Orbán in 2016.

Steven Udvar-Hazy: Personal Life & Legacy

Steven Ferencz Udvar-Házy is a Hungarian-American billionaire businessman and a prominent figure in the aviation industry. He is known for his philanthropy, having donated millions of dollars to various educational and cultural institutions.

Steven Udvar-Hazy: Trivia

The business building at Utah Tech University in St. George, Utah, is named after Steven Ferencz Udvar-Házy's parents, Erno and Etel Udvar-Házy.

Wealth History

Timeline

1946

Steven Ferencz Udvar-Házy was born.

1958

Udvar-Házy's family moved to the United States, fleeing the Soviet occupation of Hungary.

Mid-to-late 1960s

Udvar-Házy recognized the opportunity for an aircraft leasing business during the transition from propeller aircraft to jets.

1973

Udvar-Házy founded International Lease Finance Corporation (ILFC) with Leslie Gonda and Louis Gonda, leasing a single used Douglas DC-8 to Aeroméxico.

February 2010

Udvar-Házy left ILFC and founded Air Lease Corporation.

2016

Udvar-Házy received the Grand Cross of the Order of Merit of Hungary from Prime Minister Viktor Orbán for achievements in the airline industry.

N/A

Donated US$66 million to the Smithsonian Institution for the construction of the Steven F. Udvar-Hazy Center annex at Washington Dulles International Airport.

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Contributed funds to build the Christine and Steven F. Udvar-Hazy Library and Learning Center at Embry–Riddle Aeronautical University's Prescott Campus.

N/A

The business building at Utah Tech University in St. George, Utah, is named after his parents, Erno and Etel Udvar-Házy.

Steven Udvar-Hazy : FAQs

What is Steven Udvar-Hazy's current net worth?

Steven Udvar-Hazy's current net worth is $4.64 billion.

What is Steven Udvar-Hazy's current global rank among billionaires?

Steven Udvar-Hazy holds the 890th position globally among billionaires.

What is Steven Udvar-Hazy's current ranking within the United States?

Steven Udvar-Hazy holds the 336th position in United States.

What was the change in Steven Udvar-Hazy's net worth compared to the previous year?

Steven Udvar-Hazy's net worth increased by 144.89 million dollars compared to the previous year 2025, when his net worth was 4.50 billion dollars.

What are Steven Udvar-Hazy's main sources of wealth?

Steven Udvar-Hazy's main source of income comes from Aircraft Leasing.

In which industry does Steven Udvar-Hazy primarily operate?

Steven Udvar-Hazy is primarily involved in the Service industry.

What is Steven Udvar-Hazy educational background?

Steven Udvar-Hazy holds a Bachelor of Arts/Science from the University of California from Los Angeles.

How old is Steven Udvar-Hazy?

Steven Udvar-Hazy is 80 years old.

How many children does Steven Udvar-Hazy have?

Steven Udvar-Hazy has 4 children.

Who is Steven Ferencz Udvar-Házy and what is his role at Air Lease Corporation?

Steven Ferencz Udvar-Házy is a Hungarian-American billionaire businessman who serves as the executive chairman of Air Lease Corporation. He is also known for his former role as the chairman and CEO of International Lease Finance Corporation (ILFC), a leading aircraft lessor.

What was the origin of Steven Udvar-Házy's aircraft leasing business?

Steven Udvar-Házy recognized the business opportunity for aircraft leasing during the aviation industry's transition to jet aircraft in the mid-to-late 1960s. He co-founded ILFC in 1973 and began by leasing a single used Douglas DC-8 to Aeroméxico.

What philanthropic contributions has Steven F. Udvar-Házy made?

Steven F. Udvar-Házy has made significant philanthropic contributions including a US$66 million donation to the Smithsonian for the construction of the Steven F. Udvar-Hazy Center annex. He has also contributed to Embry–Riddle Aeronautical University and Utah Tech University, supporting educational infrastructure in aviation and aeronautics.

Can you tell me about Steven Udvar-Házy's family and residence?

Steven Udvar-Házy is married with four children and resides in the luxurious neighborhood of Beverly Hills, California. He values family heritage, as seen by the business building at Utah Tech University named after his parents.