Billionaire Profile
Andrew Tisch
Global Rank
#2298

Image: Public domain | via Wikimedia Commons

Andrew Tisch

CEO, Loews Corporation
US
Real-Time Net Worth
$1.6B
As of December 2025
Age
76
Source
Loews
Industry
diversified
Citizenship
US

Biography

Andrew Tisch is an American businessman, currently estimated to be worth $1.6 billion, with his wealth primarily stemming from his stake in Loews Corporation, a diversified holding company. He served as Co-Chairman of the Board and Chairman of the Executive Committee of Loews Corporation until 2024. His career at Loews began in 1971, and he has held key executive positions, including President of Bulova Watch Co. and CEO of Lorillard Tobacco Company. Throughout his career, Tisch has demonstrated a commitment to civic engagement and philanthropy, contributing to various educational, cultural, and community organizations.

Wealth Over Time

In-Depth Profile

Early Life and Education

Andrew H. Tisch was born on August 14, 1949, in New York City. He is the son of Laurence A. Tisch and Wilma Stein Tisch, both of Jewish descent. He attended Suffield Academy and Cornell University, graduating in 1971 with a bachelor's degree. In 1977, he earned an MBA from Harvard University.

Rise to Success

Tisch joined Loews Corporation, the family-controlled conglomerate, in 1971. He progressed through various executive positions, including President of Bulova from 1979 to 1989. In 1990, he became Chairman and CEO of Lorillard Tobacco Company until 1995. Later, he co-chaired Loews Corporation alongside his cousin Jonathan Tisch.

Key Business Strategies

Loews Corporation, under Tisch's leadership, adopted a strategy of diversification, including investments in insurance, energy, and hospitality. Tisch's approach emphasized long-term value creation and conservative financial practices, avoiding excessive debt. Loews expanded into the energy sector, acquiring Diamond M Drilling and Texas Gas Transmission. He oversaw the sale of the movie theater business in 1985. Loews has grown its market capitalization to $21.66 billion as of December 4, 2025.

Philanthropy

Andrew Tisch is active in philanthropic endeavors. He serves on the boards of the Statue of Liberty/Ellis Island Foundation, Wildlife Conservation Society, and the NYC Police Foundation. He co-founded The Young Women's Leadership Network. Tisch and his wife, Ann, have co-endowed a $35 million fund at Cornell University to support faculty excellence. The Andrew and Ann Tisch Foundation made grants of $7,749,720 last year and has total assets of $11,618,439.

Career Milestones

1971

Joined Loews Corporation

Began his career at Loews, the family business, after graduating from Cornell University.

1979

President of Bulova Watch Co.

Served as President of Bulova Watch Co., a Loews subsidiary.

1990

CEO of Lorillard Tobacco Company

Appointed Chairman and CEO of Lorillard, a Loews subsidiary.

2006

Co-Chairman of Loews Corporation

Became Co-Chairman of the Board and Chairman of the Executive Committee of Loews Corporation.

2024

Retired as Co-Chairman of Loews Corporation

Stepped down from his role as Co-Chairman.

Philanthropy & Social Impact

Education

Cornell University Endowment

$35M

Co-endowed a fund to support faculty excellence.

Community Service

Various Boards

Unknown

Served on boards of the Statue of Liberty/Ellis Island Foundation, Wildlife Conservation Society, and the NYC Police Foundation.

Controversies & Challenges

1994

Testimony on Nicotine Addiction

Testified before the U.S. Congress, stating he did not believe nicotine was addictive.