How much is the Bechtel family worth?

How much is the Bechtel family worth?

US$2.7 billion
As of July 2021, their estimated net worth is US$2.7 billion.

Is Bechtel still in San Francisco?

Global construction firm Bechtel Corp. plans to move its headquarters from San Francisco to Reston, Va., by the end of 2018, executives said Thursday, moving the company’s base of operations out of California for the first time in more than a century.

What happened to Bechtel?

Warren Bechtel died unexpectedly in 1933 while in Moscow on business. He was succeeded by his son, Stephen Bechtel Sr., who became both the head of Bechtel and chief executive of the Hoover Dam project. Under his leadership, the Hoover Dam was finished in 1935.

Where is Bechtel headquarters?

Reston, VABechtel / Headquarters

Who is the CEO of Bechtel?

Brendan Bechtel
Brendan Bechtel is chairman and chief executive officer of Bechtel Group, Inc. (Bechtel). Prior to being elected chairman in April 2017, Brendan was named Bechtel’s chief executive officer in September 2016.

Who are Bechtel competitors?

Bechtel’s top competitors include BWX Technologies, Balfour Beatty, Acciona, McDermott, Zachry Group, AECOM and Fluor. Bechtel Corporation is an engineering, construction, and project management company.

Who is the Bechtel family?

The company is led by Brendan Bechtel, who became CEO in 2016 and chairman in 2017; his father, Riley Bechtel, stepped down as CEO in 2014.

Is Bechtel a family business?

Bechtel, the $21.8 billion (revenues) engineering and construction business based in Virginia, has been family run for five generations. The company was founded in 1889 in San Francisco by Warren Bechtel, who started out grading railroad track beds in Oklahoma.

What did Bechtel do in California?

Starting with the construction of Klamath River Highway in California in 1919, Bechtel ventured into jobs other than building railroads. The company built roads, bridges, and highways throughout the western United States. The company worked on its first hydroelectric projects in the 1920s for Pacific Gas and Electric Company in California.

What is the meaning of Bechtel?

For people named Bechtel, see Bechtel (surname). Bechtel Corporation (/ ˈbɛktəl /) is an American engineering, procurement, construction, and project management company founded in San Francisco, California, and headquartered in Reston, Virginia. It is the largest construction company in the United States.

What happened to Stephen Bechtel?

Stephen D. Bechtel Jr., who took over his family’s global engineering and construction company, elevating its already formidable reputation and transforming what had been a hidebound, top-down hierarchy into a modern, if secretive, corporation, died on Monday at his home in San Francisco. He was 95. The company announced his death.