Ernest Rady Net Worth

Ernest Rady was born in Winnipeg, Canada in August 1937. He is the founder, CEO, and President of American Assets Trust. Rady is also the Chairman of Insurance Company of the West also known as WestCorp. That company was purchased by Wachovia in 2006 for $3.9 billion. Ernest Rady founded American Assets in 1966. He was formerly the part owner of the Major League Baseball team the San Diego Padres. In 2003 Ernest Rady donated $30 million to UC, San Diego. He and his wife Evelyn Rady also donated $100 million in 2018. In 2006 the couple donated $60 million to establish the Rady Children’s Institute for Genomic Medicine at San Diego Children’s Hospital. They gave $50 million in 2018 to create the Rady Residence at the Salvation Army Door of Hope Rady Campus and $20 million to Jewish Family Services.