Greg Becker, the former Chief Executive Officer of Silicon Valley Bank, was recently observed in Hawaii, where he owns a $3.1 million luxury abode.
The veteran financier, who held the position of CEO at SVB from 2008 to 2020, has been identified in the Aloha State, where he has purchased a lavish waterfront estate. Records show the residence, located on the island of Kauai, was purchased for the sum of $3.1 million in 2018.
Becker, a long-time proponent of the technology industry, has had a long and decorated career in the banking sector. Prior to his stint at SVB, he served as the President and Chief Operating Officer at US Trust, and was also a Managing Director at Bank of America.
Since his departure from SVB, Becker has maintained a low profile and has not taken on any other high-level executive positions. He has, however, been spotted in Hawaii, where he is likely enjoying the fruits of his labor.
In addition to his luxury Kauai residence, Becker is said to hold a number of other properties in the region, including a beachfront home on the island of Maui.
The former SVB CEO’s presence in Hawaii is indicative of the ability of those at the top of the banking industry to amass a considerable amount of wealth. It also serves as a reminder that, despite the ever-changing landscape of the financial services sector, success can still be achieved with the right combination of experience, knowledge and ambition.