Greg Williams' net worth with Acrisure stands at $1.5 billion as of 2024. The Acrisure owner's trip to financial success stands out among today's business leaders, especially in the insurance industry. His leadership transformed Acrisure from a modest $38 million revenue company into an insurance powerhouse that generates more than $3.8 billion in less than a decade.
Greg Williams has built a powerful presence in the insurance industry as Acrisure's CEO. The company's impressive growth pattern continues to boost his financial trajectory upward. On top of that, he shows his dedication to giving back through charitable work.
He and his wife Dawn donated $10 million to support Michigan State University's Tom Izzo Football Building. This piece explores the reasons behind his wealth growth, his compensation compared to industry peers, and his financial future as a business leader.
Greg Williams Net Worth in 2025: The Numbers First
Greg Williams emerges as a standout figure in the 2025 financial world. His net worth sits at $1.5 billion as of 2024, though some sources point to higher figures around $5 billion. These numbers put him right at the top of insurance industry executives.
Estimated net worth: $1.5 billion
The Acrisure CEO and co-founder built his wealth through sharp business sense and clear vision. His net worth keeps climbing as Acrisure continues its rapid growth in the insurance market. Financial analysts who track insurance executives rank Williams among the sector's richest leaders. His wealth should keep growing as Acrisure spreads its wings globally.
Primary sources of income: Acrisure, salary, investments
Williams' wealth flows from three main streams:
- Acrisure ownership stake: His large equity position in Acrisure is the life-blood of his wealth. The company's $32 billion valuation in 2025 pushed Williams' holdings to new heights.
- Executive compensation: His role as Chairman, CEO and Co-founder brings in hefty salary and performance bonuses.
- Strategic investments: Beyond Acrisure, Williams holds a mix of investments that add to his net worth.
Acrisure's explosive growth propelled Williams' wealth upward. Under his watch, the company jumped from $38 million to nearly $5 billion in revenue over eleven years. The company now employs 19,000 people across 23 countries.
How his wealth compares to other insurance CEOs
Williams stands tall among the insurance industry's elite executives. His $1.5 billion net worth ranks him among the top insurance leaders. This achievement shines even brighter given that Acrisure started in 2005.
While other industry leaders built wealth over decades, Williams climbed the ladder much faster. His quick rise to riches matches Acrisure's reputation as "the fastest growing and most profitable top 10 broker in the history of the insurance industry". The company grew at 67% annually since 2013, so Williams' personal wealth now matches that of long-time insurance veterans.
The Rise of Acrisure and Its Impact on His Wealth
Greg Williams' wealth story goes hand in hand with Acrisure's meteoric rise in the insurance industry. His financial success and the company's unprecedented growth are deeply connected. This connection made him one of the most successful entrepreneurs in insurance.
Founding Acrisure in 2005
Greg Williams and Rick Norris started Acrisure in 2005. They set up the company's headquarters in Grand Rapids, Michigan. The company's original goal was simple: to buy insurance companies across the Midwestern United States. Williams saw potential in the competitive market and wanted to create something unique. He wondered if the market needed another insurance broker at first.
Revenue growth from $38M to $3.8B
Acrisure's financial transformation under Williams has been remarkable. The company grew from $38 million to almost $5 billion in revenue over eleven years. This growth stands out as one of the most impressive stories in insurance history with a 67% compound annual growth rate.
The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) jumped from $10 million to $1.2 billion during this time. This represents an even better 72% compound annual growth rate.
Key acquisitions and strategic moves
Strategic acquisitions drove Acrisure's growth strategy:
- The company has completed about 900 acquisitions so far
- Acrisure bought 155 firms in 2021, which brought in $2.82 billion in revenue
- Deal-making reached its peak in 2021 with 122 acquisitions
Williams led Acrisure toward becoming a fintech powerhouse. A joint venture in 2019 led to an acquisition in 2020. This move turned Acrisure into an AI-powered fintech company. The company expanded beyond insurance into cybersecurity, mortgage services, payroll processing, and real estate services.
Acrisure's valuation and Greg's ownership stake
Acrisure's value has reached $32 billion by 2025. This represents a nearly 40% increase from its previous funding round three years earlier. The company's employees own the majority of shares, with Williams as the main shareholder. This ownership structure helped build Williams' wealth as the company grew exponentially.
Career Journey and Business Philosophy
Greg Williams's path to becoming one of insurance's wealthiest executives started far from the industry. His early career at Michigan National Bank spanned nine years, where he became a vice president at age 25 and supervised 100 employees. The corporate life failed to give him the fulfillment he sought.
Early career in banking and insurance
Williams launched his entrepreneurial journey in 1990 by starting a telecommunications company that secured long-distance calling contracts. He founded Acrisure in 2005 without any insurance industry experience. His expertise came from capital markets knowledge and board governance understanding. The investment banking background from 1993 to 2005 gave him an explanation of successful business structures.
Leadership style and decision-making
Williams believes in "collaboration rather than control". Decision-making forms the core of Acrisure's culture, and employees can take thoughtful action beyond their comfort zones. "The pace at which we do things is going to be part of our currency," he states. This delegation of decisions allows him to concentrate on long-term vision.
Focus on innovation and technology
"We take the best of humans and the best of technology and put it together," Williams explains. This balance between technology and human expertise shapes Acrisure's approach. The company appointed its first Chief Innovation Officer to advance its AI platform development. Williams demonstrates his forward-thinking mindset: "We constantly think three years into the future and bring that vision into the tasks of today".
Greg Williams Acrisure salary and compensation model
Acrisure's distinctive compensation structure sets it apart, though specific salary details remain private. The company's employee ownership stands at 73%, unlike competitors under private equity control or public trading. This ownership model reflects Williams's entrepreneurial principles and creates wealth-building opportunities for employees across the organization.
Philanthropy, Partnerships, and Public Influence
Greg Williams has built more than just wealth. His charitable work shows his personal values through community projects that make real impact.
Donations to Michigan State University
Greg and Dawn Williams gave $10 million to support the Tom Izzo Football Building, even though they never attended MSU. Their gift helps expand facilities with a grand entrance, better football auditorium, and new player recovery areas. "We care deeply about the East Lansing community… this is about community pride," Williams said. He praised Coach Izzo's "sustained excellence".
Acrisure Stadium and NFL partnership
Acrisure made a 15-year naming rights deal with the Pittsburgh Steelers in 2022. Williams quickly put money into Pittsburgh's community after this major deal. He supported United Way, UPMC Children's Hospital, and the YMCA of Greater Pittsburgh. The Steelers partnership was "the opportunity of a lifetime" according to Williams.
Evolution Advisors and celebrity collaborations
Williams created Evolution Advisors with NFL quarterback Russell Wilson, his wife Ciara, and NBA All-Star Russell Westbrook. Their venture helps minority-owned businesses across America get insurance. Williams spoke about their work: "We're committed to making a difference".
Commitment to minority-owned businesses
Acrisure backs women and minority-owned artisans in Grand Rapids as the platinum sponsor for the Arts Marketplace at Studio Park. This support matches Evolution Advisors' goal to help underrepresented business owners access financial services.
Public image and community involvement
Williams' charitable work spreads wide. He gave $15 million to the Acrisure Center for Innovation in Children's Health at Helen DeVos Children's Hospital, $30 million for a riverfront amphitheater in Grand Rapids, and $7.5 million to UPMC Children's Hospital Foundation. His other gifts include $100,000 to Grand Rapids Children's Museum. He also works with groups like Folds of Honor and West Michigan Hispanic Chamber.
Conclusion
Greg Williams built a $1.5 billion net worth through one of the most remarkable success stories in insurance. His wealth grew alongside Acrisure as it evolved from a modest $38 million revenue company to a $32 billion powerhouse. His exceptional business sense and clear vision drove this extraordinary growth.
Williams' path to wealth stands out because of its rapid pace. He built his fortune in just eleven years while Acrisure maintained an unprecedented 67% compound annual growth rate. Most industry leaders took decades to reach similar levels. His banking and investment background, though different from traditional insurance expertise, became his greatest strength.
His leadership belief in "collaboration rather than control" proved highly successful. He transformed Acrisure into an AI-powered fintech company that now operates beyond insurance markets in cybersecurity, mortgage services, and real estate. This broader focus will likely push both company value and Williams' wealth higher through 2025 and beyond.
Williams shows a deep commitment to community development. His charitable work covers education, healthcare, and minority business support. He donated $10 million to Michigan State University and $15 million to children's healthcare innovation. Through alliances with celebrity entrepreneurs, he helps address minority-owned business needs.
Williams shows how clear leadership, smart acquisitions, and state-of-the-art technology can create both wealth and positive social change. His story proves that success often comes from fresh viewpoints and bold choices rather than industry experience. Without doubt, as Acrisure grows, Williams' financial and charitable influence will continue to expand over the next several years.
FAQs
Q1. Who is Greg Williams and what is his role at Acrisure?
Greg Williams is the co-founder, Chairman, and CEO of Acrisure, a rapidly growing insurance and financial services company. He founded the company in 2005 and has led its transformation into a fintech powerhouse.
Q2. What is Greg Williams' estimated net worth?
As of 2024, Greg Williams' net worth is estimated to be around $1.5 billion, primarily derived from his ownership stake in Acrisure and its impressive growth over the years.
Q3. How has Acrisure grown under Greg Williams' leadership?
Under Williams' leadership, Acrisure has experienced extraordinary growth, expanding from $38 million in revenue to over $3.8 billion in less than a decade. The company has completed approximately 900 acquisitions and evolved into an AI-powered fintech company.
Q4. What is Greg Williams' approach to business and leadership?
Williams emphasizes a "collaboration rather than control" leadership style, focusing on empowering employees to make decisions. He also prioritizes innovation and technology, believing in combining human expertise with advanced tech solutions.
Q5. How does Greg Williams contribute to philanthropy?
Williams is actively involved in various philanthropic efforts, including a $10 million donation to Michigan State University, support for children's healthcare through the Acrisure Center for Innovation in Children's Health, and initiatives to support minority-owned businesses through partnerships and sponsorships.