What is Rich Lesser net worth ?
Rich Lesser net worth: Richard “Rich” Lesser is an American businessman who has served as the CEO of American global management consultancy the Boston Consulting Group (BCG).
Early life and education
Lesser grew up in Pittsburgh, Pennsylvania during the 1970s, a time of economic hardship for the city due to the implosion of the steel industry at the time.
He holds an MBA from Harvard Business School, where he was a Baker Scholar, and a bachelor’s degree in Chemical Engineering, summa com Laude, from the University of Michigan.
Lesser started his career as a process development engineer and group leader at Procter & Gamble. In 1988, Lesser joined BCG as a consultant. He served as the head of the New York Metro office system from 2000 to 2009, and as BCG’s Chairman for North and South America from 2009 to 2012.
He was elected to the firm’s Executive Committee in 2006. Since joining BCG in 1988, Lesser’s client work has focused on strategy, operations, leadership, and large-scale transformation. It is claimed he played a pivotal role in helping BCG become the only global management consulting firm to grow strongly through the 2008 recession.
In May 2012, he was named the successor of Hans-Paul Bürkner as the Global Chief Executive Officer of Boston Consulting Group.
Under his leadership, BCG has continued its strong global growth across all regions an practices, fueled by investments in new offices, digital and analytics, and capabilities to drive innovation and transformation.
Lesser oversaw the launch of BCG Digital Ventures, a builder and accelerator of digital businesses; BCG Gamma, an analytics and machine-learning team; and BCG TURN, a turnaround, restructuring, and transformation unit and more recently, the Center for Climate Action.
In October 2018, Lesser began a third three-year term as CEO of Boston Consulting Group
Lesser also serves as chief advisor to the World Economic Forums’s (WEF) Alliance of CEO Climate Leaders, is on the Board of Directors of the Business Roundtable, and is a member of the WEF’s International Business Council.
He has accelerated BCG’s strong investments in social impact through its many partnerships, including the World Food Programme, Save the Children, and the World Wildlife Fund.
In December 2016, Lesser joined a business forum assembled by then-president-elect Donald Trump to provide strategic and policy advice on economic issues.
Rich Lesser Net Worth
According to Forbes, BCG is worth $8.5 billion. Founded in 1963, BCG (Boston Consulting Group) is a global management-consulting firm. BCG helps corporations and other organizations innovate and achieve sustainable competitive advantage.