Peak net worth (in current dollars): $8.1 million. Copyright 2023 General Atlantic Service Company, L.P. All Rights Reserved. Correction: Henry Ford was Bill Ford's great-grandfather. Bachelor of Arts / Science, Yale University. Heres How To Trade The Stock Now, Zero Reteams With Huge Design To Create Sci-Fi SR-X Custom Electric Motorcycle, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. As Executive Chair of Ford Motor Company, my goal is to . Ford continues as the company's Executive Chairman. He was made chairman of the firm in 2021. We want to hear from you. Mr. Ford is the Chief Executive Officer of General Atlantic, a position he has held since 2007. Ford Family has made a great name for themselves in the automotive industry, and they continue to prosper with time. 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. As of 14 April 2022 he still owns at least 14,915 units of Blackrock stock. Ford had no inheritance and he spent virtually his entire adult life in public service. "I'm in this for the long haul. William Clay Ford, Jr. is the great-grandson of Henry Ford. Morants agent denied previous allegations he hit and flashed his gun at a teenager suggesting they were made to tarnish his reputation. While it's impossible to calculate the exact amount William Clay Ford Jr is worth, we can use publicly available information such as salary, investments, businesses, endorsements, and other income to estimate a net worth for 2023. Ratan TATA #ratantatayour queryratan tata biographyratan tataratan tata speechratan tata biography in . Over the last 29 years, insiders at Ford Motor Co have traded over $118,669,372 worth of Ford Motor Co stock and bought 2,495,294 units worth $31,212,535 American businessmanWilliam Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. Bill Ford was elected a company vice president and head of the company's Commercial Truck Vehicle Center in 1994. Most recently he bought 267,697 units of F stock worth $4,499,987 on 24 March 2022. Caption: Bill Elliott posing for a photo with his car (Photo: Mopar Insiders) He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. The Ford family's voting power diminishes once their Class B shares fall below about 60.8 million. 1975 According to reports, he was the company's largest individual stakeholder, holding 26.3 million common shares and 6.7 million shares of Class B stock. Market competition, health care and raw material costs, led Ford to announce a second restructuring for its North American operations in four years. American businessman William Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. 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. Several years ago, Zero teamed with Huge Design and came up a concept bike so popular, it went into production largely unchanged. In addition, Bill founded Agora Financial and was a co-founder of Bonner and Partners publishing. His cousin, Edsel Ford II, is worth $500 million dollars. While the Class B shares account for 2% of Ford's outstanding stock, they control 40% of the voting power. An earlier version misstated the day. Early Life Henry Ford was born on July 30, 1863, in Springwells Township, Michigan. New York State Life Science Advisory Board. He was also responsible for the companys first business social corporate citizen report, outlining the economic, environmental and social impact of company products and operations around the world. The holdings, which may exclude some trusts, were worth more than $500 million as of Thursday's closing price. [20][failed verification][6][failed verification], In July 2022, Ford helped found a group of U.S. business and policy leaders who share the goal of constructively engaging with China in order to improve U.S.-China relations. It seems that he is successful in collecting a good sum of money from his professional career. Here's what every major analyst thought of Tesla's investor day, Top auto analyst Jonas stays bullish on Tesla, says investor day showed competition can't keep up, JPMorgan downgrades electric vehicle stock Nio, says expectations are too high. 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. An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 He was made chairman of the firm in 2021. 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. "The Mach-E and the Lightning, both their order banks just overwhelmed us," Ford said. Harvey S. Firestone great-grandfather Bill Ford net worth is $13 Million Bill Ford Wiki: Salary, Married, Wedding, Spouse, Family . On average, Ford Motor Co executives and independent directors trade stock every 25 days with the average trade being worth of $1,450,835. Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. In addition, he makes $364,289 as Independent Director at Blackrock. Henry Ford's last surviving grandson died March 9, 2014 at age 88. Last updated: 19 January 2023 at 7:39pm EST. 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. Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company's Michigan plant that produces the pickup. 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. Tom Ford. 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. Net Worth in 2022: $950 million. In addition, he makes $16,757,200 as Executive Chairman of the Board at Ford Motor Co. William has made over 33 trades of the Ford Motor Co stock since 2004, according to the Form 4 filled with the SEC. Through the super-voting B stock, the family- which includes Bill Ford Jr., his three sisters, nine cousins and members of the family's fifth generation - controls 40% of the voting power of Ford Motor through a trust. Got a confidential news tip? Mr. Ford is actively involved with a number of educational and not-for-profit organizations and also serves on the Executive Committee of the Partnership for New York City, the Board of Directors of the National Committee on United States-China Relations and is a member of The Council on Foreign Relations. Bill attended boarding school from 9th to 12th grade. William Ford is 63, he's been the Executive Chairman of the Board of Ford Motor Co since 2006. "I think in many ways we have an opportunity to create the most value for shareholders since the scaling of the Model T.". The trucks. The oldest executive at Blackrock Inc. is MathisCabiallavetta, 75, who is the Independent Director. Ford has expanded its lineup of flexible-fuel vehicles, alternative fuel vehicles, and dual-fuel vehicles. 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. 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. About Henry Ford. He has made such an amount of wealth from his primary career as a Baseball Player. Ford left the company to his family and 40% of Ford Motor Company still remains in the control of his great grandchildren. And that resulted in Ford reporting a $3.1 billion net loss. The New England Patriots plan to release 37-year-old quarterback Brian Hoyer at the beginning of the 2023 league year, as first reported by SiriusXM NFL's Adam Caplan. In 2014, William Clay Ford, Henry's last remaining grandson, passed away, leaving Martha Firestone Ford as the family matriarch. 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. Under his direction, the firm's assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020. Lew Rock, a news and opinion site, has had contributions from Bill Bonner. He transformed what was once a flaccid enterprise into a multi-million dollar company. Ford was glorified as a chairman of the United States-Mexico Chamber of Commerce. She is the first female member of the Ford family to serve on the board. The company returned to profitability in 2010. Henry had the company; Bill had the Detroit Lions; and Benson headed Lincoln-Mercury from 1948 to 1955. 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. "It gives us a face and maybe a humanity that a lot of other companies don't have.". 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. Some have criticized the dual-share system for unfairly allowing the family to retain control of the automaker. 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. Additionally, in 2002, Goldberg had an expensive contract with AOL Time Warner, the parent Company of WCW. The stock closed Thursday at $25.02 a share, with the company's market value at $99.99 billion. Princeton University (B.A., 1979) The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. In addition, he makes $364,289 as Independent Director at Blackrock. And, yes, we've come a long way, baby! William was Henry Ford's last surviving grandchild. In 1971,William Clay Ford Jr officially joined Ford. 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 has formerly served on the boards of First Republic Bank, NYSE Euronext, E*Trade, Priceline, NYMEX Holdings, and Computershare. Ford has been a vegetarian since 1990, and adopted a vegan diet in 2010. His estimated net worth in the year 2013 was around US$1.4 billion. William Clay Ford Jr. has a net worth of $1 billion dollars. Ford added the title of Chief Executive Officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. Margaret Qualley was born in Kalispell, In 2023, Margaret Qualleys net worth was estimated to be, Tcheky Karyo Net Worth: Tcheky Karyo is a Turkish-born French actor and musician who has a net worth of $4 million. He has a whopping amount of net worth. The headline on an earlier version misstated the relationship. Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. Alfred Ford is Building a Multi-Million Dollar Monument in India Henry Ford's great-grandson was heading for ruin and then had a better idea: spiritual enlightenment. He has an estimated net worth of $2 billion dollars. Bill Ford studied at Massachusetts Institute Of Technology (MIT),Princeton University, MIT Sloan School of Management (1984), Princeton University (1979 . He serves as Chairman of the firm's . Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. The estimated Net Worth of William Clay Jr Ford is at least $123 Million dollars as of 24 March 2022. Heres How To Trade The Stock Now, NBA Investigating Ja MorantGrizzlies Star Allegedly Flashed Gun On Instagram After Reports Of Violent Behavior, Liverpool Legend Roberto Firmino Reportedly Offers Himself To FC Barcelona, Someone Made A Call Of Duty Clone In Roblox And Its Really Good, Sam Bankman-Fried Unplugged: DOJ Proposes Only A Flip Phone And Limited Internet While FTX Founders On Bail, Ford Launches New Company To Focus On Driver Assist, Latitude AI, A Century Of Women, Work - And Juggling Family, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Bill Ford received $16 million in total compensation from Ford in 2020, which came in a mix of benefits, cash and equity awards. Source of Money. Get this delivered to your inbox, and more info about our products and services. Edsel Ford grandfather Ford joined the board in 1988 and has served as chairman since January 1999. Bill Ford was born on May 3, 1957 in Detroit, Michigan, United States, United States (63 years old). Mr. Ford, Jr. owns 1,100,617 shares of Ford Motor stock worth more than $15,177,508 as of February 1st. Bill Sr. owned the Detroit Lions f Henry Ford's last surviving grandson died March 9, 2014 at age 88. Before Fame. in management as a Sloan Fellow from the MIT Sloan School of Management. This is my life and I love the company," he said. Currently based in Michigan, Ford is married toLisa Vanderzee with whom he has four children. Edsel Ford II cousin 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's net worth or net income is estimated to be $1 million - $3 million dollars. He is better known for his pure loving, kind heart personality. In addition to his duties as chair, he served as chief executive officer of the company from October 2001 to September 2006 . Through the super-voting B stock, the family- which includes Bill Ford Jr., his three sisters, nine cousins and members of the family's fifth generation - controls 40% of the voting power of Ford Motor through a trust. Global Private Capital Association (GPCA), Board Member, Digital Initiatives Committee Chair. [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. If you're looking for William Clay Ford Jr's net worth in 2023, then check out how much money William Clay Ford Jr makes and is worth today below. By collecting data from the most accurate and reputable resources, we've compiled a collection of the richest celebrities and their net worths. He serves as Chairman of the firms Management Committee and is a member of the Investment, Portfolio, and Operating Committees. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. [6], Ford joined General Atlantic in 1991, having previously worked at Morgan Stanley & Co. as an investment banker. He owns hundreds of acres of land and earns a handsome salary from his own company. [18][failed verification][19][failed verification], Ford also serves on the advisory board of Tsinghua University's School of Economics and Management. [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. Most recently he bought 3,000 units of BLK stock worth $2,063,880 on 14 April 2022. Margaret Qualley is an American actress and dancer who has a net worth of $3 million. Social Media: Twitter. All Rights Reserved. Find out Bill Fordnet worth 2020, salary 2020 detail bellow. Net Worth 2020 Undisclosed Find out more about Bill Ford net worth here. Bill Ford has a n estimated net worth of $1 billion as of 2022. Apart from his career, he is an avid football fan and is also the vice-chairman of the Detroit Lions in the NFL franchise. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. The 64-year-old is the company's biggest individual shareholder with 2.3 million shares of Ford's common stock. That's quadruple the roughly 4 million, or 5.7%, he owned in 2012, according to FactSet. Ford's now worth more than crosstown rival General Motors, which is valued at about $90 billion. He served several years as a mid-ranking executive in product development. Bill Elliott is a millionaire. Info. [6][failed verification], Ford received his M.B.A. from the Stanford Graduate School of Business in 1987 and his B.A. He also briefly headed the Climate Control Division (since divested from the company as part of the Visteon spinoff). Will the same happen with the latest collaboration, the SR/S-based SR-X? 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). What is William Clay Ford Jr.'s net worth? As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. Entrepreneur. Train of Dreams 1987 as Tony's Gang. He is the company's biggest individual shareholder with 2.3 million shares of the Ford's common stock. Ford graduated from the Hotchkiss School in Connecticut in 1975 and went on to graduate from Princeton University in 1979, having majored in history and served as President of the Ivy Club. Alfred Ford: The billionaire bhakt. William Clay Ford Jr. serves as Executive Chairman of the Board of the Company. 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. Del Toro is best known for creating In 2023, Guillermo del Toros net worth was estimated to be, Sofia Stamatiades is a Mexican actress who has a net worth of $4 million. William has an estimated net worth of $1 Billion. Bill Jr. and his mother Martha Firestone Ford still own the NFL Detroit Lions. As premier, through Bill 4, "Cap and Trade Cancellation Act, 2018" which was tabled on July 25, 2018, Ford repealed Bill 172 as . Bill Goldberg Net Worth: How much has he earned to date? Goldberg has a net worth of $16 million and features an expensive contract with WWE. In 2014, William Clay Ford, Henry's last remaining grandson, passed away, leaving Martha Firestone Ford as the family matriarch. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. The FTX founder would also be prohibited from using his parents devices. . Bill Clinton received $15 . You can see the complete history of Mr. Ford stock trades at the bottom of the page. In 1984 he received an M.S. in management as a Sloan Fellow from the MIT Sloan School of Management. All Rights Reserved. His estimated net worth was $230 billion. The company returned to profitability in 2010. Currently, he serves as the executive chairman of Ford Motor Company. Share. Apart from his career, he is an avid football fan and is also the vice-chairman of the Detroit Lions in the NFL franchise. Later, both of them had four lovely kids christened as Martha Parke Morse, born in 1948; Sheila Firestone Hamp born in 1951; William Clay Ford Jr. born in 1957; and Elizabeth Hudson Ford, Kontulis, born in 1961. The most active insiders traders include Retiree Medical Benefits Tr, William Clay Jr Ford, and Richard A Manoogian. William Clay Ford, Jr. was born onMay 3, 1957 inDetroit,Michigan, United States. Author. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. His father William Clay Ford Sr. has a net worth of $1.2 million. A fresh take on sports: the biggest news and most entertaining lists. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. Compare F With Other Stocks. He is the company's biggest individual shareholder with 2.3 million. Great-grandson of Henry Ford and the executive chairman of the Ford Motor Company. Net Worth. 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. He shared his father Edsel's flair for design, overseeing the design direction for some of Ford. Ford is now committed to sell 250,000 alternative and flexible fuel vehicles the majority of which will be designed to operate on ethanol-gasoline blends such as E85 in 2006. 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. News on all your favorite celebs, reality TV, and movies. Family Members Physique Biography Biography Timeline 1975 Upon his death, the Henry Ford net worth stood at what would equate to approximately $199 billion nowadays. He replacedJacques Nasser. July 14, 2013, 12:12 AM by Bill McGraw. In September 2006, he stepped down as the company's CEO and president but he retained his post as the executive Chairman. He earned a degree From a young age, he showed proficiency as a craftsman.
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