Steven F. Udvar-Házy
| Steven Udvar-Házy | |
|---|---|
| Born |
István Ferencz Udvar-Házy 1946 (age 70–71) Budapest, Hungary |
| Nationality | American |
| Alma mater | University of California, Los Angeles (BA) |
| Occupation | CEO of Air Lease Corporation |
| Salary |
US$1,622,727 (2010) Total: US$57,768,057 (2010) |
| Net worth |
 US$3.7billion (February 2015) |
| Spouse(s) | Christine Hazy |
| Children | 4 |
Steven Ferencz Udvar-Házy ([ˈudvɒrhaːzi]; born 1946), also known as István or Steve Hazy, is a Hungarian American businessman, who is the CEO of Air Lease Corporation. He is the former chairman and CEO of International Lease Finance Corporation (ILFC), one of the two largest aircraft lessors in the world (the other being GE Capital Aviation Services). In 2011, Forbes ranked him as the world's 409th richest person, with a net worth of US$3.2 billion.
The Udvar-Házy family came to the US in 1958, fleeing the Soviet occupation of Hungary. Hazy attended University High School in Los Angeles and the University of California, Los Angeles.
Udvar-Házy was in his 20s during the later part of transition from propeller aircraft to jets during the mid to late 1960s, and realized that the higher capital investment required to purchase jet aircraft created an opportunity for a leasing business. He founded ILFC with two partners in 1973, leasing a single used Douglas DC-8 to Aeroméxico. He left ILFC in February 2010 to found Air Lease Corporation.
Udvar-Házy gave a US$66 million grant to the Smithsonian Institution that allowed the U.S. National Air and Space Museum to build the Steven F. Udvar-Hazy Center annex at Washington Dulles International Airport. The annex houses more than 120 aircraft and 140 space-exploration exhibits as of 2006, and also includes the Space Shuttle Discovery. Plans call for eventually installing over 300 aircraft.
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