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Tuesday, September 27, 2005

Bob Galvin - Robert William Galvin, The 400 Richest Americans - Forbes.com

#320 - The 400 Richest Americans - Forbes.com
Robert William Galvin, The 400 Richest Americans - Forbes.com

Bob Galvin - Robert William Galvin
Net Worth: $1.1 billion

Father founded radio equipment maker Galvin Manufacturing 1928. Renamed Motorola 1947. Introduced car radios, 5-pound "Handie-Talkie" for WWII. Robert started in stockroom 1940, CEO 1959. Focused on chips and wireless in 1970s. Early cell phone debuted in 1983. Became key supplier for automobiles, portable electronics, industrial equipment. Son Chris took reins in 1997. Rode tech run-up, subsequent crash; stepped down when stock cratered in 2003. New chief, Edward Zander, now in charge, stock up 60% since then.




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