Herbert Allen III

Biography Allen is the son of Laura (née Parrish) and Herbert Allen Jr., former president of Allen & Company, and grandson of Herbert A. Allen, Sr. who co-founded Allen & Company with his older brother, Charles Robert Allen, Jr. Allen & Company was one of the first in the industry to specialize in corporate takeovers.

In October 2012, Vanity Fair ranked him number 18 in their list of The New Establishment. Herbert Allen III, also known as Herb Allen, is a Wilson Center Expert. In 2021, Allen was elected as a director of the Coca-Cola Company.

Personal life Herbert Allen III is married to Monica de la Torre, a public-interest lawyer and native of Puerto Rico.

The couple are known for maintaining a low public profile, consistent with the family’s tradition of privacy surrounding Allen & Company. Unlike many Wall Street executives, Allen avoids publicity and rarely gives interviews, preferring to focus on the firm’s role as a behind-the-scenes adviser to major media and technology mergers.

Outside of his business activities, Allen is a frequent host and participant at the annual Sun Valley Conference, where global media, technology, and political leaders gather for private discussions and dealmaking.