Thomas Hagen & family

Thomas Hagen & family (#880)

Global Rank #880

Country Rank #335

Country United States

Thomas Hagen & family is listed among the world billionaires tracked by Iconic Billionaires.

$ 5 B
Insurance
United States
M
90 Years

Snapshot

Quick Facts

Global Rank #880

Country Rank #335

Net Worth $4.8B

Previous Worth $4.7B

Worth Change +$0.1B

Country United States

Industry Insurance

Age 90 Years

Gender M

Worth As Of May 4, 2026

Last Refreshed 25 Jul 2026, 12:00 AM

Residence Erie, Pennsylvania

World Billionaires List United States Billionaires Insurance

Profile Data

Personal Stats

Age 90

Source Of Wealth Insurance

Self Made Score 2

Philanthropy Score 2

Residence Erie, Pennsylvania

Citizenship United States

Marital Status Widowed

Children 2

Education Bachelor of Arts/Science, Ohio State University

Net Worth Change +$0.1B +2.1% from previous worth

Previous Net Worth $4.7B

Current Net Worth $4.8B

Worth as of May 4, 2026

About Me

Thomas Hagen is chairman of Erie Indemnity and has been a part of the company for more than 50 years, including three years as CEO from 1990 to 1993. The publicly-traded insurance company was cofounded by his late wife Susan's father, H. O. Hirt, and his friend, O. G. Crawford. Susan Hagen, who was Erie's longest serving director, died in 2015 at age 79. Now one of the nation's largest property and casualty insurance companies, the firm began with a business plan scribbled in a 10-cent notebook in 1925. In 2017, Hagen gifted $1.5 million to Mercyhurst University's history department, which subsequently took his name.

Insights

Did You Know?

Hagen is a retired U.S. Navy Reserve Captain.

Hagen served as Pennsylvania's Secretary of Commerce from 1995 to 1997.

Wealth Growth

Net Worth Growth Over Time

Tracking Thomas Hagen & family's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $4.8B (May 4, 2026)