Marguerite Harbert
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Marguerite Jones Harbert (born 1924) is an American billionaire from the U.S. state of Birmingham, Alabama, with an estimated net worth of $1.7 billion as of 2007. She inherited her wealth from her husband the construction magnate and founder of the Harbert Corporation, John M. Harbert, who died in 1995.
Harbert Corporation was one of the largest construction companies in the US with offices worldwide. The company's domestic construction arm was sold in the early 1990's to Raytheon Constructors. This was followed by the company's selling of its largest division, the international construction arm, to John's brother Bill L. Harbert. The international construction division is now known as B.L. Harbert International and is headquartered in Birmingham, Alabama.
Their son Raymond J. Harbert manages the family's money. He started Harbert Management Corporation, an investment management firm, in 1993. The company has grown into a highly successful firm with over $20.3 billion under management with its headquarters in Birmingham, Alabama. The company also has offices in Richmond VA, New York, Nashville TN, London, Warsaw, and Madrid.
The Marguerite Jones Harbert Building at Birmingham-Southern College is named after her. [1]
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Her net worth is currently valued at $1.5 billion by Forbes.
Source: http://www.forbes.com/lists/2005/54/2I57.html
