BillionaireNet
family
N
Rank #727
UNITED STATESTechnologyDefense

Neal Blue & family

Net Worth
$5.498B
0% (24h)
Neal Blue, born in 1935, is an American billionaire and the Chairman and CEO of General Atomics, a major defense and technology company. His wealth stems from the defense and manufacturing industries, primarily through his leadership at General Atomics, which he and his brother, Linden Blue, acquired in 1986. Blue's career includes owning Colorado and Western Properties and serving as a pilot in the U.S. Air Force. His achievements include transforming General Atomics into a global leader in advanced technologies, with a current net worth of $5.5 billion. Blue is also known for his philanthropic endeavors and has received several awards for his contributions to technology and defense.

The Full Dossier

Early Life and Education

James Neal Blue was born in Meeker, Colorado, in 1935. He attended Yale University, where he was involved in the Air Force Reserve Officers' Training Corps. In the 1970s, he and his brother, Linden Blue, owned Colorado and Western Properties.

Rise to Success

In 1986, Neal and Linden Blue acquired General Atomics from Chevron Oil for a reported $60 million. Under Neal Blue’s leadership as Chairman and CEO, General Atomics has become a global leader in defense, energy, and advanced technology. The company operates on five continents and has over 15,000 employees. General Atomics is known for its development of unmanned aerial vehicles (UAVs), including the Predator drone.

Key Business Strategies

Blue’s strategic vision has driven General Atomics' expansion into various high-tech industries, including energy and medical diagnostics. The company’s focus on research and development, including projects like the TRIGA nuclear reactor, has been crucial to its success. Blue also co-founded Cordillera Corporation, which has investments in real estate and oil and gas production.

Philanthropy

Neal Blue and his family are known for their philanthropy, supporting charities and educational institutions. They have also donated to organizations that support veterans and active military personnel.

Career Timeline

2023

John R. Alison Award

Received the John R. Alison Award.

2013

International von Karman Wings Award

Received the 29th annual International von Karman Wings Award.

1986

Acquired General Atomics

Acquired General Atomics from Chevron Oil for $60 million.

1970s

Owned Colorado and Western Properties

Neal Blue and his brother Linden Blue owned Colorado and Western Properties.

Philanthropic Impact

Education and Community SupportMillions

Various Charities and Educational Institutions

Donations to various charities and educational institutions.

Wealth Trajectory