Andrew Liveris is a former chairman and chief executive officer of the Dow Chemical Company/DowDuPont. He is also a director of the International Business Machines Corp (IBM). Although he retired from his executive life in Sydney, Australia, in 2016, he is still active in the business community.
He was born on May 5, 1954, in Darwin, Northern Territory, Australia. He graduated from the University of Queensland with a degree in chemical engineering. After he finished college, he moved with his family to Brisbane, Queensland. There, he continued to visit his family in the United States.
In 2004, he received an honorary doctorate from the University of Queensland. Later, he authored a book, Make It in America. His work promoted manufacturing in his native country. This book was a bestseller. When it was published, Liveris realized his role in helping the country to progress.
He has been a member of the American Australian Association, the United States Council for International Business, the President’s Export Council and the Business Roundtable. Additionally, he is a trustee of the California Institute of Technology and the King Abdullah University of Science and Technology. Furthermore, he serves as a special advisor for the $250 billion Public Investment Fund of Saudi Arabia.
He has been involved in several ventures, including a joint venture with Saudi Aramco, the Sadara Group. Additionally, he co-founded a non-profit organization called the Hellenic Initiative that encourages Greek diaspora in Australia to invest in their home country. The initiative is supported by former US president Bill Clinton.
Liveris was involved with the merger between Tow Chemicals and DuPont in 2006. He helped to push the company’s plans for a joint venture with Sadara. For his efforts, he was awarded the University Medal for Chemical Engineering from the University of Queensland in 2005.
He was a member of the Executive Committee of the Business Roundtable. He was also a trustee of the Minderoo Foundation of Australia and a former trustee of the United States Council for International Business. He has also been appointed as an Officer of the Order of Australia for services to international business.
Despite his many achievements, he has a soft spot for his family. He and his wife decided to keep their kids together when they had to relocate abroad for their careers. They purchased a $5.5 million house in Rose Bay, Sydney. During the transition period, they decided to count their expenses and kept their family together.
He is currently a director of Lucid Motors and Worley, and is a trustee of the Minderoo foundation. He is also a member of the executive committee of the Business Roundtable and the Peterson Institute for International Economics. Moreover, he is a director of IBM and the chairman of Lucid Motors.
As of the date of this article, the estimated net worth of Andrew Liveris is $819 thousand. However, his actual net worth may be much higher or lower depending on various factors.