Al Checchi
Al Checchi was born in Massachusetts, United States on June 6th, 1948 and is the American Businessman. At the age of 75, Al Checchi biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.
At 75 years old, Al Checchi physical status not available right now. We will update Al Checchi's height, weight, eye color, hair color, build, and measurements.
Checchi first worked at Marriott Corporation where he rose quickly due to clever financing for hotel developments at home and abroad. In his 30s, he helped the Bass brothers of Texas acquire a 25% stake in Disney, earning a reported $50 million in the process. In 1989, Checchi helped organize a $3.65 billion leveraged buyout of Minnesota-based Northwest Airlines, investing about $12 million in the transaction. From 1989 to 1993, he served as co-chairman of Northwest Airlines. Checchi's critics claim he moved the company near bankruptcy, forced $800 million in union concessions, and worked to gain $837 million in state and local bonds, subsidies and tax credits, while earning $32 million for his outside firm. Checchi counters that he protected the company from asset strippers and he helped triple the value of Northwest Airlines stock. He amassed a net worth of around $700 million.