Henry Juszkiewicz is the current CEO and Chairman of Gibson Brands Inc. He was born on March 3rd, 1953 in San Nicolas in Argentina. Despite being born in Argentina, his parents actually come from the European country of Poland. It was not until he turned to the age of five did he start living in the United States when he and his family moved to Rochester, New York. It was when he was living in the USA did his wealth start to grow. So what is Henry Juszkiewicz net worth in 2018? What are Henry Juszkiewicz’s salary/earnings? Read on…Image Credit: Getty Images
Henry Juszkiewicz did not start to become famous until he acquired Gibson Guitars for $5 million in 1986 along with with Gary A. Zebrowski and David H. Berryman. Henry Juszkiewicz has stayed as CEO since this day, although the job has been far from an easy one for him. Gibson is most famous for manufacturing guitars and is a recognized worldwide brand. However, Juszkiewicz wanted to expand the company so Gibson started to manufacture other musical instruments including keyboards and drums just to name a few. In later years, Gibson then acquired technology brand Phillips and then eventually started selling audio equipment such as loud speakers and more. Juszkiewicz envisioned Gibson to be more than just a “guitar” company and wanted it to become a home and lifestyle brand. This decision has somewhat been criticized by critics and this is what led to Gibson filing for bankruptcy on May 1st, 2018. Instead of needlessly trying to expand its business, Gibson is now trying to restructure its business focusing on only musical instruments like it had been several years ago. However, some people still criticize that Gibson sold their instruments at too high of a price compared to its competitors.
Gibson incurred a lot of debt thanks to Juszkiewicz’s multiple acquisitions over the years. Despite the criticism, he’s still one of the longest serving CEOs in company history and has managed to amass a good amount of wealth over the 22 years he’s been the company’s boss. While he’s still wealthy, the recent bankruptcy could affect his career aspirations going forward. Few people expected a company as huge as Gibson would have had trouble keeping up with the 21st century changes.
In all, we estimate Henry Juszkiewicz net worth in 2018 at $850,000.