Greg Fischer : Net Worth, Family, Wife, Education, Children, Age, Biography and Political Career

Greg Fischer is an American businessman, entrepreneur and 2nd mayor of Louisville metro. In 2019, he was elected vice president of the U.S. Conference of Mayors and served as its president in 2020.

Fischer ran in the Kentucky Democratic primary for the United States Senate in 2008, finishing second with 34% of the vote. In November 2010, he was elected mayor of Louisville in a tight race against Metro Council member Hal Heiner. He was reelected in 2014 and 2018, defeating Republican Metro Council member Angela Leet 61% to 37% for a third term.

Since Fischer took office as mayor, Louisville Metro has gained 80,000 new jobs and 2,700 new businesses. In a 2016 Politico survey, he was recognized as the most innovative mayor in the U.S. The city has also attracted $14 billion in capital investment since the Great Recession, including a renovated and expanded convention center, dozens of new hotels and multiple tourist attractions centered around bourbon.

Greg Fischer Net Worth

Greg Fischer Net Worth 1 Million in 2021.

Greg Fischer Family

Fischer was born in Louisville to Mary Lee and George Fischer.

Greg Fischer Wife and Children

He is married to Alexandra Gerassimides. They have Four Children.

Greg Fischer Career and Achievement

At 25, Fischer co-invented the SerVend automated ice/beverage dispenser, which is used to this day in convenience stores and restaurants. To help sell it, he co-founded and ran the company "SerVend International." Over the course of Fischer's involvement with the Louisville-based company, it transformed into a global manufacturing business employing over 300 people. In October 1998, SerVend was one of three U.S. small business companies to be honored with a site visit by the Malcolm Baldrige National Quality Award examiners. In November 1998, Flomatic International, SerVend's valve manufacturing division, received the Oregon Quality Award. The Rochester Institute of Technology and USA Today recognized the company's achievements by awarding it the Quality Cup Award in the small business category in 1999. The Manitowoc Company purchased SerVend in late 1997.

In 1990, Fischer, along with his father and brother, Mark, was named a winner of an award sponsored by Inc. magazine, Ernst & Young, Merrill Lynch and Business First. As Kentucky and Southern Indiana's Regional Entrepreneurs of the Year in the manufacturing division for their work with SerVend, they were among the finalists for Inc. magazine's U.S. Entrepreneur of the Year award.

In 2000, Fischer co-founded bCatalyst, a business accelerator that evolved into a mergers and acquisitions advisory firm. In early 2010, bCatalyst was acquired by Louisville-based Hilliard Lyons.

Fischer was an investor and board member with MedVenture Technology. MedVenture, located in Jeffersonville, Indiana, is an engineering outsourcer and early stage manufacturer on non-invasive medical devices for companies such as Johnson & Johnson, Boston Scientific, and Medtronic. He is an investor and past board member of Vogt Ice, a manufacturer of commercial and industrial ice machines. He also is an investor and serves on the board of Stonestreet One, a Louisville-based software company specializing in Bluetooth technology.

Fischer was part-owner until 2011 of Dant Clayton Corporation, a sports stadium design, manufacturing, and construction company with prominent sports-related projects around the United States. Currently, in addition to his other ventures, he serves as founder and chairman of Iceberg Ventures, a private investment firm in Louisville.

Community Life

Fischer held chapter offices, including chapter chair, in the Young Presidents' Organization Bluegrass chapter in 1997 and 1998. There, he led the YPO-funded construction of a Habitat for Humanity home and also created a community partnership with Louisville's Center for Interfaith Relations in 2003, resulting in bringing talent such as Robert McNamara to Louisville for community learning. In 2007, Fischer was awarded the first-ever Bluegrass YPO "Best of the Best" award for community contribution in 2007 for lifelong community service.

As past chairman of the Kentucky Science Center in 2001 and 2002, Fischer helped raise over $20 million to modernize the museum and create interactive children's programs. He has also endowed scholarships at Trinity High School and the University of Louisville. Currently, Fischer serves on the U of L's Board of Overseers, as well as on the boards of Jewish Hospital HealthCare Services, Inc., the Waterfront Development Corporation, and the Metro Parks Foundation. In 2006, Fischer received the Catholic Schools Distinguished Alumni Award from the Archdiocese of Louisville.

Fischer has been a guest lecturer at MIT and the University of Louisville and was also an executive in residence at Indiana University Southeast in 1999 and 2000. He has served as a past board member of Crane House, an Asian cultural institute in Louisville, and Greater Louisville Inc.

2008 U.S. Senate Campaign

Fischer was one of seven candidates in the 2008 Democratic primary for the U.S. Senate in Kentucky. He ran a five-month campaign and finished second with 34 percent of the vote.

Primary winner Bruce Lunsford went on to lose the general election to Republican incumbent Mitch McConnell.

Mayor of Louisville Metro

Election History

Fischer announced his candidacy for Mayor of Louisville Metro in July 2009. On November 4, 2009, he became the first to file his letter of intent for the primary election on May 18, 2010.

A television advertisement for Fischer released in late March 2010 cites four priorities under his would-be administration: creating jobs, investing in clean energy, making metro government more transparent and building two new bridges over the Ohio River.

Fischer won the ic primary on May 18, 2010 with 45 percent of the vote. In the November 2 general election, he ran against Republican former council member Hal Heiner (plus two independent candidates) and won with 51% percent of the vote.

On April 23, 2013, Fischer announced to a group of supporters that he would be running for reelection in the 2014 General Election. The General Election was held on November 4, 2014 with Fischer predicted to win a comfortable victory.

Fischer's inauguration of his second term took place on January 5, 2015.

On March 24, 2017, Fischer announced to a group of reporters that he would be seeking a third term as the Mayor of Louisville in the 2018 General Election. Fischer won the Democratic primary on May 22, 2018, with approximately 75% of the vote. In the General Election, Fischer defeated Republican Metro Council member Angela Leet 61 percent to 37 percent.

Tenure

Fischer was sworn in as the second Mayor of Louisville Metro Government, and the 50th Mayor of Louisville, Kentucky, on January 3, 2011.

Upon taking office, Fischer announced that the city would observe three core values — compassion, better health and lifelong learning.

He also launched efforts to foster a data-driven approach towards government efficiency. This included the creation of the Office for Performance Improvement & Innovation and the implementation of Louiestat, which "brings individual Metro departments before the Mayor and his senior leadership team every six to eight weeks to identify, through consistent metrics tracking and data analysis, what the department (and Metro Government) can do to continually improve the services it delivers to the citizens of Louisville." The city has been recognized as a leader in the use of data and in making data open and available to the public, and is one of only four cities to received What Works Cities' Gold Certification.