Born Peter Michael Welber, he is a businessman and entrepreneur, best known to the world as the President and Chief Executive Officer, and Director at Chevy Chase Trust Company. Unfortunately, his birth date and place are omitted from the media.
Have you ever wondered how rich Peter Welber is, as of late 2017? Unfortunately, the exact amount of Welber’s wealth remains undisclosed, but due to the success of the Chevy Chase Trust Company, it is assumed that Welber counts his net worth in the millions of dollars.
Peter Welber Net Worth Under Review
There is no information about Peter’s childhood and education until he enrolled at the Bucknell University, Pennsylvania, from which he received a degree in mathematics. After that, he furthered his education at the Case Western Reserve University School of Law.
After finished studies, Peter started pursuing his career and found a job at the Riggs National Bank, being employed in their Trust Department. He remained in the Riggs National Bank for 21 years, learning about the business and after years of success, he was promoted to the Senior Vice President and Senior Trust of the company, which largely increased his wealth.
After the Riggs National Bank, Peter became the President and Chief Executive Officer at CoreStates Asset Management and Chief Operating Officer at Meridian Asset Management, further increasing his wealth.
Progressing little by little, Peter’s name started becoming more and more known and he was successively appointed as the President of the First Union Trust Company in Charlotte, North Carolina, and then President at Wachovia Trust Company.
Then in 2003, he was named as the new President and Chief Executive Officer of the Chevy Chase Trust Company, and since then has been serving in the position, which added a substantial amount to his wealth.
Regarding his personal life, unfortunately, no information is available about Peter’s life outside his professional career.
Peter Welber is a well-known philanthropist; he is a Board Chairman at the Montgomery County Community Foundation and has also worked with other community foundation, including the ones of District of Columbia, Northern Virginia, and many others.
