Billionaire Profile
S
Global Rank
#650

Image: Committee on Commerce, Science, and Transportation | Public domain | via Wikimedia Commons

Steve Lavin & family

CEO, Meat processing
UNITED STATES
Real-Time Net Worth
$6.263B
Estimated based on Meat processing stock value as of March 6, 2026
0% (24h)
Age
70
Source
Meat processing
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Steve Lavin is an American billionaire businessman and the current chairman of OSI Group, a major meat processing company and a key supplier to McDonald's. Born in 1955, Lavin took over the company in 2023 after the death of his father, Sheldon Lavin. Lavin is also a frontier-technology investor. As of April 2025, Forbes estimated his net worth at $5.4 billion. Lavin is also known for his career in college basketball, having coached at UCLA and St. John's and as a broadcaster for FOX Sports.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Steven H. Lavin, born in 1955, is the son of Sheldon Lavin. Sheldon Lavin was the former owner, CEO, and chairman of OSI Group. Steve Lavin earned a BS in accountancy from the University of Illinois in 1977 and a JD from Loyola University Chicago School of Law in 1980.

Rise to Success

Steve Lavin trained as a corporate attorney and is the president of Lavin & Gedville in Chicago. He is currently the chairman of OSI Group. OSI Group was founded by Otto Kolschowsky in 1909. In 1955, the company began stamping McDonald's burgers. Steve Lavin took over the business in 2023 after his father's passing. Under his leadership, OSI has expanded to 65 plants across 18 countries.

Key Business Strategies

Under Steve Lavin's leadership, OSI Group continues to be a major supplier to McDonald's. The company has also expanded its operations, producing products for other companies like Nestlé, Chipotle, and Kraft.

Philanthropy

Steve Lavin is deeply committed to philanthropy, especially in the fight against cancer. He has been actively involved with organizations like Coaches vs. Cancer and The V Foundation for Cancer Research, contributing over $1.5 million since 2010. He received the Michelle Carew Spirit Award from the Pediatric Cancer Research Foundation in 2022, in recognition of his efforts in cancer research and awareness.

Career Milestones

1980

Graduated Law School

Received a Juris Doctor degree from Loyola University Chicago School of Law.

2023

Chairman of OSI Group

Became chairman of OSI Group after the death of his father, Sheldon Lavin.

Philanthropy & Social Impact

Cancer Research

Coaches vs. Cancer

$1.5M+

Actively involved with this organization.

Cancer Research

V Foundation for Cancer Research

$1.5M+

Contributed to this organization.