Anna Shay Net Worth: Anna Shay, an American heiress who is also a reality TV model and has a net worth $600 million. Anna first became widely-known for her appearance on the Netflix reality show "Bling Empire".Anna Shay inherited her wealth from her father who died in the past, billionaire Edward Shay. Edward earned billions as the creator of Pacific Architects and Engineers (PAE). The private defense contractor was founded in the year 1955. Today, it's a major supplier to United States and Britain as in addition to organizations like the Central Intelligence Agency. At its beginning, Pacfic Architects and Engineers contributed to the redevelopment of Japan following World War II. In 1974, Edward sold a 40% stake in his company to an employee stock ownership program. He re-acquired those shares in 1988. In 1995, Edward passed away and his younger brother Anna, Allen, became the CEO and Chairman. In 2006 PAE was acquired by Lockheed Martin in a $1.2 billion cash transaction. In 2011, Lockheed sold the company to Lindsay Goldberg for $700 million who sold the company to private equity company Platinum Equity in 2016 for an undisclosed amount.
Monday, January 2, 2023
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