Ken Lay

About Ken Lay

Who is it?: Businessperson
Birth Day: April 15, 1942
Birth Place: United States

Ken Lay

Ken Lay was an American businessman who had a net worth of negative $250,000 at the time of his death (but a peak net worth of $400 million). Ken Lay was born in Tyrone, Missouri in April 1942 and passed away in July 2006.
Ken Lay is a member of CEOs

Does Ken Lay Dead or Alive?

As per our current Database, Ken Lay is still alive (as per Wikipedia, Last update: May 10, 2020).

🎂 Ken Lay - Age, Bio, Faces and Birthday

Currently, Ken Lay is 78 years, 2 months and 24 days old. Ken Lay will celebrate 79rd birthday on a Thursday 15th of April 2021. Below we countdown to Ken Lay upcoming birthday.

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Popular As Ken Lay
Occupation CEOs
Age 78 years old
Zodiac Sign Aries
Born April 15, 1942 (United States)
Birthday April 15
Town/City United States
Nationality United States

🌙 Zodiac

Ken Lay’s zodiac sign is Aries. According to astrologers, the presence of Aries always marks the beginning of something energetic and turbulent. They are continuously looking for dynamic, speed and competition, always being the first in everything - from work to social gatherings. Thanks to its ruling planet Mars and the fact it belongs to the element of Fire (just like Leo and Sagittarius), Aries is one of the most active zodiac signs. It is in their nature to take action, sometimes before they think about it well.

🌙 Chinese Zodiac Signs

Ken Lay was born in the Year of the Horse. Those born under the Chinese Zodiac sign of the Horse love to roam free. They’re energetic, self-reliant, money-wise, and they enjoy traveling, love and intimacy. They’re great at seducing, sharp-witted, impatient and sometimes seen as a drifter. Compatible with Dog or Tiger.

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Ken Lay net worth: Ken Lay was an American businessman who had a net worth of negative $250,000 at the time of his death (but a peak net worth of $400 million). Ken Lay was born in Tyrone, Missouri in April 1942 and passed away in July 2006. He was best known for being involved in the Enron scandal. Lay was the founder, CEO, and Chairman of the Enron Corporation. The company used illegal and misleading practices to embezzle, hide, and mislead funds from auditor Arthur Andersen. The deception was discovered in 2000 and became the largest bankruptcy in the world. Ken Lay was inducted by a grand jury. He was found guilty of 10 counts of securities fraud but passed away three months before his sentencing. As a result, his conviction was vacated. He graduated from the University of Missouri and got his Ph.D. from the University of Houston. Lay worked as an economist and served as the Special Assistant to the Navy Comptroller as well as the Financial Analyst at the Office of Assistant Secretary of the Navy for the United States Navy. Ken Lay passed away on July 5, 2006 at 64 years old of a heart attack caused by coronary artery disease.

Estate After Death: At the peak of his life, Ken Lay had a personal net worth of $400 million. He owned more than a dozen homes and in 1999 alone earned $42.4 million in total compensation. Between 1998 and 2001 he earned $300 million worth of stock and stock options. After Enron's collapse, Lay claimed that Enron stock constituted 90% of his net worth and his estate was technically worth negative $250,000 (in 2006). After his death, Enron's creditors sued his widow Linda to recover a portion of $10 million was paid by Enron prior to its collapse to buy the two an annuity. The creditors and Linda reached a settlement in 2011.

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