Sun. Jul 21st, 2024

Kermit Weeks Net Worth | Celebrity Net Worth

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What is Kermit Weeks Net Worth?

Kermit Weeks is an American pilot, aircraft collector, and aviation enthusiast who has a net worth of $200 million. During his life Kermit made many impressive achievements in world aviation. He has competed in aerobatics, designed aircraft, promoted aviation and restored many older aircraft. He owns one of the largest private collections of historic aircraft flight-worthy in the world.

Kermit Weeks was born in Salt Lake City, Utah in July 1953. His fortune derives from oil and natural gas royalty, which arose from the empire founded by his grandfather, Louis George Weeks. After working for Standard Oil from 1924 to 1958. He was technically working for the one-time standard company, Esso, now known as Exxon, until retiring in 1958. Upon his retirement, Lewis founded Weeks Petroleum Corporation, which was also quite successful. As CEO of Weeks Petroleum, Lewis helped Exxon negotiate the deal that led to the Bass Straits – Australia’s largest oil field, producing billions and billions of oil. He died in 1977 at the age of 83.

Kermit uses its royalty income to fund its aviation activities. The majority of their income today comes from a 2.5% levy on oil and gas produced by Bass Straits. All thanks to his grandpa!

When he was 14, Kermit’s family moved from Utah to Miami. He began building his first aircraft at the age of 17 and tested it at 21.

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He began entering aerobatic flying competitions in 1973 and qualified for the United States aerobatics team by 1977.

Kermit highly modified the design of the “Pitts Special”, a home-built aircraft designed by his friend Curtis Pitts. Kermit wanted the newly modified design to be named “Super Pits”, but Curtis did not think it appropriate that such a highly modified design should feature his name. So Kermit named it “week special” instead. Kermit also designed and built the “Solution of the Week”.

Kermit is the founder and curator of Fantasy of Flight, an aviation-themed attraction with a vast private aircraft collection located in Polk City, Florida.

Weeks published the children’s book All of Life is a School in 2008 and The Spirit of Lindy in 2012. He was awarded the Freedom of Flight Award in 2010 and the Lloyd P. Nolan Lifetime Achievement in Aviation Award. Weeks is included in this. The Florida Aviation Hall of Fame was also named a “Living Legend of Aviation”.

Some of Kermit’s planes have been used in blockbuster movies. In the 1984 film “Indiana Jones and the Temple of Doom”, Kermit’s Ford Trimotor is shown as being flown by Harrison Ford, the Indiana Jones character. His Sikorsky S-38 replica was used in the 2004 Leonardo DiCaprio film “The Aviator”.

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