Cornelius Vander Starr
Cornelius Vander Starr | |
|---|---|
| Born | October 15, 1892 Fort Bragg, California, U.S. |
| Died | December 20, 1968 (aged 76) |
| Other names | Neil Starr, C. V. Starr |
| Alma mater | University of California, Berkeley |
| Occupation | Businessman |
| Known for | Founder of C.V. Starr & Co. and the American International Group and AIA Group |
Cornelius Vander Starr (October 15, 1892 – December 20, 1968), known as Neil Starr, was an American businessman and founded the insurance and investment organization C.V. Starr & Co. (later known as Starr Companies) in Shanghai, China. 1919 he opened a subsidiary which became insurance giant American International Group (AIG) and AIA Group. AIG was the first international finance and insurance company and he became an intelligence asset under the Roosevelt presidency (1933–1945).
Ken Starr was his grand nephew.
AIG grew from an initial market value of $300 million to $180 billion, becoming the largest insurance company in the world.