The vehicles are more sleek. 3William Clay Ford Jr. Net Worth (Entrepreneur) - Celeb Networth Author:celeb-networth.com Published Date:08/22/2022 Review:4.43 (388 vote) Summary:With the net worth of $1 Billion, William Clay Ford Jr. is the # 1201 richest person on earth all the time follow our database. in management as a Sloan Fellow from the MIT Sloan School of Management. "I think in many ways we have an opportunity to create the most value for shareholders since the scaling of the Model T.". Mr. Ford was Chair of the Finance Committee from 1995 until October 2001 and was elected Chairman of the Board of Directors in January 1999. Data is a real-time snapshot *Data is delayed at least 15 minutes. American author of books and articles on finance and economics is Bill Bonner. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. He was made chairman of the firm in 2021. Ford has repeatedly defended the dual-share structure as allowing the automaker to concentrate more on the long term and not be another "nameless, faceless corporation. Bill Ford was elected a company vice president and head of the company's Commercial Truck Vehicle Center in 1994. He made his 5 million dollar fortune with NASCAR, Phoenix Racing, Turner Motorsports. "I really believe that we are headed for an incredible future.". General Atlantic's website uses cookies to improve and personalize your experience. Bill Ford has been a vocal advocate for improvements to be made in all modes of global transportation. Ford has been a vegetarian since 1990, and adopted a vegan diet in 2010. You can see the complete history of Mr. Ford stock trades at the bottom of the page. The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that, at REI Inc. in Cleveland, Ohio, have voted to join the RWDSU, making this the third unionized REI store in the U.S. He also briefly headed the Climate Control Division (since divested from the company as part of the Visteon spinoff). Ford's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. William Clay Ford Jr. has a net worth of $1 billion dollars. [4][non-primary source needed][5], In addition to his roles as Chairman and CEO, Ford is chairman of General Atlantics Management Committee and is a member of the firms Investment and Portfolio Committees. The stock closed Thursday at $25.02 a share, with the company's market value at $99.99 billion. He is the Chairman and CEO of General Atlantic, a global growth equity firm with $84 billion in assets under management as of November, 2021. In addition, he makes $16,757,200 as Executive Chairman of the Board at . John Ford. Additionally, in 2002, Goldberg had an expensive contract with AOL Time Warner, the parent Company of WCW. Bill Ford has been a vocal advocate for improvements to be made in all modes of global transportation. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Bill Ford co-founded the firm with Ralph Booth (Chairman and CEO of Booth American Company and successful media and Telecom investor), Mark Schulz (former head of Ford Motor Companys international operations), Chris Cheever, and Chris Thomas. There are 6 older and 18 younger executives at Ford Motor Co. [1][failed verification][non-primary source needed] During his tenure as CEO, the firm has also continued its global expansion by opening new offices in Jakarta, Singapore, Beijing, Mexico City, and Shanghai. 2023 Forbes Media LLC. The company expects an 8% adjusted profit margin before interest and taxes in 2023 earlier thanmany analysts expected. Bill Jr. and his mother Martha Firestone Ford still own the NFL Detroit L More than 100 years after Henry Ford introduced his Model T and revolutionized automobile production, a family member still sits atop the company: Chairman William Clay Ford, Jr. He shared his father Edsel's flair for design, overseeing the design direction for some of Ford Motor's best-known vehicles for decades, including his pet project, the 1956 Continental Mark II, one of the most iconic cars ever built. Category: Richest Business. Bill attended boarding school from 9th to 12th grade. Speaking at conference in November 2000 in London Ford suggested that the company may one day offer a Service where it owns vehicles and makes them available to people when they need access to them. William's mailing address filed with the SEC is FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN, MI, 48126. Flexible fuel vehicles can operate on a range of fuel mixtures such as ethanol-gasoline blends ranging from pure gasoline to E85 (85% ethanol, 15% gasoline). William was Henry Ford's last surviving grandchild. As of March 2023, William Barr has an estimated net worth of $40 million. An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 Ford Motor Company is a global company based in Dearborn, Michigan. Bill Ford has stated that governments and private industry will need to rethink transportation infrastructure and Technology as the global population expands and the existing infrastructure is unable to keep pace. Net Worth: Undisclosed. The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that, at REI Inc. in Cleveland, Ohio, have voted to join the RWDSU, making this the third unionized REI store in the U.S. Some of the richest family members are William Clay Ford Jr. & Edsel Ford II, great-grandsons of Henry Ford. Ford acquired 412,500 additional Class B shares last month that are being held in a family trust. Get this delivered to your inbox, and more info about our products and services. Blackrock executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. He is from . Princeton University (B.A., 1979) The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. He also is a member of the board of Business Leaders for Michigan. Edit View history William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chairman of Ford Motor Company. The move came roughly a week after he acquired almost 2 million common shares of the company by exercising stock options, some of which were set to expire. Market competition, health care and raw material costs, led Ford to announce a second restructuring for its North American operations in four years. At that time, Bill was the highest-paid wrestler, earning $2.5 million a year. Unlike Elon Musk and other CEOs who've recently cashed out some of their company stock as prices soared, Ford has been doubling down on his namesake company over the last decade. Eleanor Ford and Joseph Cobb, grade-school classmates and the . He played on the Princeton rugby team as well. Bill Ford net worth is $13 Million Bill Ford Wiki: Salary, Married, Wedding, Spouse, Family . Born in Puebla, Mexico, in 1987, as Sofia Lama In 2023, Sofia Stamatiadess net worth was estimated to be, Gavin McInnes is a Scottish-Canadian writer, creative director, and actor who has a net worth of $10 million dollars. Talking about his firm, its annual revenues are in millions and billions. . William Clay Ford Jr. (born May 3, 1957) is famous for being entrepreneur. On average, William trades about 76,197 units every 29 days since 2003. [7] Ford has personally led a number of successful investments during his tenure as CEO of General Atlantic, including First Republic Bank (2010), IHS Markit (2010), NYMEX Holdings (2006), Priceline (1998), and E*Trade (1995). Bill Ford directly owns 16.1 million, or 23%, of the Class B shares, which are only available to family members. Several years ago, Zero teamed with Huge Design and came up a concept bike so popular, it went into production largely unchanged. On average, William trades about 524,319 units every 22 days since 2016. William Clay Ford, Jr. is an American businessman who has a net worth of $1 billion dollars. The largest trade he's ever made was selling 7,001,911 units of Blackrock stock on 19 July 2016 worth over $249,898,204. Bill Ford studied at Massachusetts Institute Of Technology (MIT),Princeton University, MIT Sloan School of Management (1984), Princeton University (1979 . Harvey S. Firestone Jr. grandfather. Bill Ford's net worth or net income is estimated to be $1 million - $3 million dollars. Mr. Ford owns over 3,000 units of Blackrock stock worth over $10,193,358 and over the last 7 years he sold BLK stock worth over $2,062,406,290. Ford Motor Co executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. He is the company's biggest individual shareholder with 2.3 million. She is the first female member of the Ford family to serve on the board. On September 5, 2006, Ford announced that he was stepping down as President and CEO, naming former Boeing senior executive Alan Mulally as his replacement. Mr. Ford brings to the Board extensive global investment management experience and financial expertise acquired over his 25 years at General Atlantic, one of worlds leading growth equity firms. William Ford Jr. heads the board of directors at Ford. He has investments all over the financial sector and is thus, living in luxuries. He shared his father Edsel's flair for design, overseeing the design direction for some of Ford Motor's best-known vehicles for decades, including his pet project, the 1956 Continental Mark II, one of the most iconic cars ever built. The Post revealed McKee and former Morgan Stanley banker Ford the CEO of General Atlantic who also serves on the board of companies including Tory Burch were dating in February. Net Worth in 2022: $950 million. Mr. Ford is the Chief Executive Officer of General Atlantic, a position he has held since 2007. In January 2010, Bill Ford announced the launch of a strategic investment firm, Fontinalis Partners, with the purpose of investing in innovative companies developing next-generation mobility solutions. 'Frontlines' is a 'Call Of Duty' clone made in Roblox. Alfred Ford: The billionaire bhakt. He also serves as Chairman of General Atlantics Management Committee and is a member of the firms Investment and Portfolio Committees. A Division of NBCUniversal. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. He joined Ford in 1979 and 1981 held a variety of positions, beginning in product development and on the financial staff, a grooming ground for Future executives. Some have criticized the dual-share system for unfairly allowing the family to retain control of the automaker. Find out Bill Fordnet worth 2020, salary 2020 detail bellow. The most active insiders traders include William E Ford, Fabrizio Freda, and Murry Gerber. He has made such an amount of wealth from his primary career as a Baseball Player. American chief executives in the automobile industry, Hotchkiss School (1975) Wiki Bio of Bill Ford net worth is updated in 2023. In addition, he makes $364,289 as Independent Director at Blackrock. Edsel Ford grandfather The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. He is the executive chairman of Ford Motor Company. He served several years as a mid-ranking executive in product development. [23], Ford has been interviewed by several publications such as Bloomberg, the Financial Times, Fortune Magazine, American Banker, The Economic Times, British American Business, Forbes, Expansion, Private Equity International, the Silicon Valley Business Journal, and LEADERS Magazine. Ford had no inheritance and he spent virtually his entire adult life in public service. Bill Ford is a member of Business People Bill Ford Net worth: $2 Billion Some Bill Ford images Biography/Timeline 1926 At the time of his stepping down, Ford was ranked 264th on Forbes' list of top-earning CEOs, at $10,000,000.00 per year. There are 13 older and 18 younger executives at Blackrock. "We're on this electrification journey, but it's more than that. Bill Ford is General Atlantic's Chairman and Chief Executive Officer, with three decades of experience investing in and helping build leading growth companies, including IHS Markit, e*Trade, Priceline, and First Republic Bank. More importantly, he's also the biggest holder of the automaker's Class B shares that carry super-voting powers that have allowed the Ford family to retain control of the company. He left that position in order to become chair of the Board of Directors' Finance Committee in 1995. Bill Elliott is a millionaire. [6][failed verification] He also serves as Co-Chair of the Partnership for New York City and on the board of directors of the National Committee on United States-China Relations, Emerging Markets Private Equity Association (EMPEA), Endeavor, the McKinsey Advisory Council, and the New York State Life Science Advisory Board. Ford continues as the company's Executive Chairman. Before Fame. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. He was proud of the family's role in building and sustaining the company through many crises. BlackRocks purpose is to help more and more people experience financial well-being. 1975 Under Farley's Ford+ plan, the company is pivoting hard to EVs, including the Mustang Mach E and all-electric Ford F-150, as well as connected services to generate recurring revenue. Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. Compare F With Other Stocks. In 2000, he declared the organization would realize a 25% improvement in fuel efficiency in the organization 's light truck fleet, including SUVs, by mid-decade. Bill Ford received $16 million in total compensation from Ford in 2020, which came in a mix of benefits, cash and equity awards. The up-gunned, tracked MT-LBs are further evidence of the Kremlins worsening equipment crisis as it struggles to make good its losses in Ukraine. DETROIT Ford Motor Chair Bill Ford has been slowly amassing more shares, and control, of the automaker his great-grandfather founded in 1903. Elton John Splurges On Luxury Toronto Apartment, Confidential Assignment 2 Film Reaches Over $35 Million On Second Weekend At Korean Box Office, Roberto Clemente's 1995 Topps Rookie Card Reached $1 Million Bid At Auction, Olivia Cooke As The Newest Face Of Savage X Fenty Lingerie October Campaign, A Peek Inside Jennifer Aniston's Stunning $15 Million Montecito Farmhouse, Chris DElia Hit With Temporarily Restraining Order By The Woman He Adamantly Denies He Ever Met. Bill James, founding partner of James, Ford & Duble Wealth Partners, has been a financial advisor for 29 years. With the retirement of Ford President and Chief Operating Officer Jim Padilla in April 2006, Bill Ford assumed those roles as well. The company returned to profitability in 2010. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. Bill Elliott On 8-10-1955 Bill Elliott (nickname: Bill) was born in Dawsonville, Georgia, United States. He serves as Chairman of the firms Management Committee and is a member of the Investment, Portfolio, and Operating Committees. Unlike his predecessor, Farley has won investor confidence since taking over the helm in October 2020. American chief executives in the automobile industry. As of 2022, William Clay Ford Jr.'s net worth is $100,000 - $1M. $1 million - $3 million. News on all your favorite celebs, reality TV, and movies. Instead of cashing in on the $18 million in proceeds he would have gotten from exercising the options like most executives do, Ford paid $20.5 million in cash as well as taxes on the gains to hold on to the shares. The FTX founder would also be prohibited from using his parents devices. All Rights Reserved. The III's ascent -- along with that of his cousin, the 32-year-old Alexandra Ford English, just named to the board of electric-truck maker Rivian Automotive Inc. -- marks a coming of age for the . Bill Ford has a n estimated net worth of $1 billion as of 2022. However, there are several factors that affect a celebritys net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. He owns hundreds of acres of land and earns a handsome salary from his own company. Ford Family has made a great name for themselves in the automotive industry, and they continue to prosper with time. Bill surely has the brains, as he received an Ivy League education and degree in history from Princeton University in 1979. The up-gunned, tracked MT-LBs are further evidence of the Kremlins worsening equipment crisis as it struggles to make good its losses in Ukraine. As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide. [8][failed verification][9][failed verification][10][failed verification][11][failed verification], He serves on the board of General Atlantic portfolio companies ByteDance and Royalty Pharma, in addition to IHS Markit, a former portfolio company and global provider of independent financial data, tools, and infrastructure. In another case, Ford might be a stranger, fortunately for you, we have compiled all you need to know about Ford's wiki, today's net worth as of 2023, inception, evolution, achievements, and more facts. Legal Disclaimer I Sitemap I Website Privacy Notice I Applicant Tracking Privacy Notice I Form CRS. At the time of his stepping down, Ford was ranked 264th on Forbes' list of top-earning CEOs, at $10,000,000.00 per year. Source of Money. His son, Bill Ford Jr., is now executive chairman of Ford Motor. William Clay Ford, Jr. is the great-grandson of Henry Ford. The site may also use cookies from third parties. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. Peak net worth . Mr. Ford has formerly served on the boards of First Republic Bank, NYSE Euronext, E*Trade, Priceline, NYMEX Holdings, and Computershare. There are no executives at Ford Motor Co getting paid more. Author. Blame it on the Beatles, but everything Indian was so popular . Entrepreneur. About William Ford, Sr. Henry Ford's last surviving grandson died March 9, 2014 at age 88. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. In 2023, William Clay Ford Jr's net worth was estimated to be $1 Billion. We have estimated Doug Ford's net worth , money, salary, income, and assets. He currently resides in Detroit, Michigan, USA. The most recent stock trade was executed by J. Richard Kushel on 27 February 2023, trading 575 units of BLK stock currently worth $396,210. Fontinalis Partners co-founder William Clay "Bill" Ford is an American businessman. The holdings, which may exclude some trusts, were worth more than $500 million as of Thursday's closing price. Sources say. What is William Clay Ford Jr.'s net worth? The least known of Edsel Ford's sons. Under Bills leadership, General Atlantic has expanded its global presence, increased its capital base, and deepened its capabilities to identify and partner with high-potential growth companies across multiple business sectors and geographies. Bill Ford is General Atlantics Chairman and Chief Executive Officer, with three decades of experience investing in and helping build leading growth companies, including IHS Markit, e*Trade, Priceline, and First Republic Bank. Ford said he can't remember, if ever, selling Ford shares in the open market.
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