He launched the company in 1972, one of the first to offer loan programs to help dealers sell cars to. William Clay Ford Sr. Sign up for free newsletters and get more CNBC delivered to your inbox. Talking about his firm, its annual revenues are in millions and billions. The holdings, which may exclude some trusts, were worth more than $500 million as of Thursday's closing price. 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. 1975 About Henry Ford. The Bill Murray net worth total of $93.8 million comes mostly from $158 million in pre-tax earnings from acting and $8 million from business ventures. He also serves as Chairman of General Atlantics Management Committee and is a member of the firms Investment and Portfolio Committees. [2][non-primary source needed][3][non-primary source needed] Additionally, General Atlantic has expanded its sector coverage through the launch of the global Consumer sector team as well as the expansion of the Healthcare sector to include Life Sciences. He is founder and former chairman of Southfield-based auto lender Credit Acceptance Corp. Mr. Ford owns over 267,697 units of Ford Motor Co stock worth over $55,180,704 and over the last 20 years he sold F stock worth over $50,735,709. 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. Nationality: United States. Mini Biography. American businessmanWilliam Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. His estimated net worth was $230 billion. He was proud of the family's role in building and sustaining the company through many crises. A fresh take on sports: the biggest news and most entertaining lists. Goldberg has a net worth of $16 million and features an expensive contract with WWE. 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. In 2014, William Clay Ford, Henry's last remaining grandson, passed away, leaving Martha Firestone Ford as the family matriarch. And, shedding further light on a claim by Ford's widow . Net Worth in 2022: $1 Million - $5 Million . July 14, 2013, 12:12 AM by Bill McGraw. Caption: Bill Elliott posing for a photo with his car (Photo: Mopar Insiders) 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. William Ford is 63, he's been the Executive Chairman of the Board of Ford Motor Co since 2006. Bill Ford, 62, has seen a great deal of change at the Dearborn automaker since his first day at the company on Oct. 15, 1979. DETROIT Ford Motor Chair Bill Ford has been slowly amassing more shares, and control, of the automaker his great-grandfather founded in 1903. In 1984 he received an M.S. His father William Clay Ford Sr. has a net worth of $1.2 million. Apart from his career, he is an avid football fan and is also the vice-chairman of the Detroit Lions in the NFL franchise. Bill joined General Atlantic in 1991 and became CEO in 2007. 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. An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 He was elected Chairman of the Board in September 1998, and took office on January 1, 1999. Market competition, health care and raw material costs, led Ford to announce a second restructuring for its North American operations in four years. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. 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. Source of Money. However, there are several factors that affect a celebritys net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. Bill Ford directly owns 16.1 million, or 23%, of the Class B shares, which are only available to family members. News on all your favorite celebs, reality TV, and movies. Net Worth Net Worth 2020 Undisclosed Salary 2020 Not known Biography Timeline 1975 Mr. Ford has formerly served on the boards of First Republic Bank, NYSE Euronext, E*Trade, Priceline, NYMEX Holdings, and Computershare. Ford Motor net worth as of March 02, 2023 is $49.11B. 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. [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. He has an estimated net worth of $7 million as of 2022. The stock closed Thursday at $25.02 a share, with the company's market value at $99.99 billion. Before Fame. He is the company's biggest individual shareholder with 2.3 million. Alexandra Ford English, daughter of Bill Ford, was elected to the board at age 33 with Henry Ford III. Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. 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. Likewise, Goldberg worked as a part-time wrestler for WWE and earned . However, the wealth left behind has since diminished somewhat, with Ford's market cap now standing at $43.5 billion. Compare F With Other Stocks. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. By using this site, you consent to the use of cookies. He is better known for his pure loving, kind heart personality. Global Private Capital Association (GPCA), Board Member, Digital Initiatives Committee Chair. An earlier version misstated the day. We respect other peoples privacy, so please dont stalk celebrities or hack anyones account and send us the information we will pretend not to know you. I am a lifelong car enthusiast and a passionate environmentalist who is interested in issues surrounding mobility and sustainability. The company returned to profitability in 2010. 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. Bachelor of Arts / Science, Yale University. [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. Ford added the title of Chief Executive Officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. Harvey S. Firestone Jr. grandfather. 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. Bill Ford received $16 million in total compensation from Ford in 2020, which came in a mix of benefits, cash and equity awards. 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. How Much Is William Clay Ford Jr Worth? Ford said he can't remember, if ever, selling Ford shares in the open market. Bill Ford is a Business, zodiac sign: Gemini. Ford acquired 412,500 additional Class B shares last month that are being held in a family trust. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. William Clay Ford, Jr. is an American businessman who has a net worth of $1 billion dollars. 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. 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. Tcheky In 2023, Tchky Karyos net worth was estimated to be, Beatriz Monroy is a Mexican actress who has a net worth of $5 million. Got a confidential news tip? Bill Ford is a member of Business People Age, Biography and Wiki 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. 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. William was Henry Ford's last surviving grandchild. There are 71 million Class B shares worth about $1.8 billion held by descendants of company founder Henry Ford. Tom Ford. 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 [6][failed verification][13][14][failed verification][15][16][17] Furthermore, he is a member of the Council on Foreign Relations and a member of the steering committee for The CEO Action for Diversity. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. Bill Ford was born on May 3, 1957 in Detroit, Michigan, United States, United States (63 years old). 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. The boy was educated at Hotchkiss School, and then William graduated from Princeton University in 1979. Bill Sr. owned the Detroit Lions for 51 years, but never saw an NFL championship. AA. Bill Murray net worth vs Harrison Ford net worth: Half as big: Bill Murray net worth vs Drake net worth: 7% smaller: Bill Murray net worth vs Beyonce net worth: 5 times smaller: He is the company's biggest individual shareholder with 2.3 million shares of the Ford's common stock. At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations. At that time, Bill was the highest-paid wrestler, earning $2.5 million a year. There are 6 older and 18 younger executives at Ford Motor Co. The headline on an earlier version misstated the relationship. 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. 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. Learn More. Bill joined General Atlantic in 1991 and became CEO in 2007. 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. The vehicles are more sleek. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. From a young age, he showed proficiency as a craftsman. It would have had a $1.6 billion profit without special charges. He is the executive chairman of Ford Motor Company. Net Worth 2020 Undisclosed Find out more about Bill Ford net worth here. He transformed what was once a flaccid enterprise into a multi-million dollar company. The most active insiders traders include William E Ford, Fabrizio Freda, and Murry Gerber. 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. His son, Bill Ford Jr., is now executive chairman of Ford Motor. That ouster reflected significant differences in corporate valuesNasser focused on maximizing corporate profits and shareholder value, while Ford was noted for valuing people and tradition. The estimated Net Worth of William Clay Jr Ford is at least $118 Million dollars as of 24 March 2022. William E. Ford. He earned a degree Net Worth: Undisclosed. William Clay Ford Jr. (born May 3, 1957) is famous for being entrepreneur. He was made chairman of the firm in 2021. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. Mother: Martha Firestone: Net Worth: $2 billion as of Mar 14,2017: Sun Sign: Taurus: Born in: Detroit, Michigan, United States: Famous as: American businessman . American businessman William Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. Similarly, he is a wealthy car racing driver. 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 has been a vegetarian since 1990, and adopted a vegan diet in 2010. On average, William trades about 76,197 units every 29 days since 2003. Henry had the company; Bill had the Detroit Lions; and Benson headed Lincoln-Mercury from 1948 to 1955. 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. He was proud of the family's role in building and sustaining the company through many crises. At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations. The oldest executive at Blackrock Inc. is MathisCabiallavetta, 75, who is the Independent Director. Bill Ford can be an acting professional, known for Teach of Dreams (1987) so when Nature Phone calls (1985). William Barr was the government official serving as the 85th United States Attorney General. Gavin In 2023, Gavin McInness net worth was estimated to be. Ford was glorified as a chairman of the United States-Mexico Chamber of Commerce. 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. One of the most well-known names in American business is perhaps Henry Ford, who revolutionized transportation and created contentious workplaces. In addition, Bill founded Agora Financial and was a co-founder of Bonner and Partners publishing. BlackRocks purpose is to help more and more people experience financial well-being. 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. We want to hear from you. The company returned to profitability in 2010. Table of Contents Inception Ford The founder of this company is Henry Ford. Bill Ford has been a vocal advocate for improvements to be made in all modes of global transportation. Peak net worth . He currently resides in Detroit, Michigan, USA. The trucks. Net Worth. The largest trade he's ever made was selling 3,527,854 units of Ford Motor Co stock on 5 August 2010 worth over $45,685,709. You can see the complete history of Mr. Ford stock trades at the bottom of the page. He had tied the holy knot with his lady named Martha Firestone Ford. Ford had no inheritance and he spent virtually his entire adult life in public service. In addition, he makes $364,289 as Independent Director at Blackrock. He served several years as a mid-ranking executive in product development. All Rights Reserved. His son, Bill Ford Jr., is now executive chairman of Ford Motor. On average, Blackrock executives and independent directors trade stock every 18 days with the average trade being worth of $5,297,729. The William Clay Ford Jr net worth and salary figures above have been reported from a number of credible sources and websites. Edsel Ford grandfather Bill surely has the brains, as he received an Ivy League education and degree in history from Princeton University in 1979. In addition, he makes $364,289 as Independent Director at Blackrock. By collecting data from the most accurate and reputable resources, we've compiled a collection of the richest celebrities and their net worths. Net Worth: $1 Billion As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. He started his career in product development and held a variety of positions on his way up to reach where he is now. William Ford is 58, he's been the Independent Director of Blackrock since 2018. He has made such an amount of wealth from his primary career as a Baseball Player. Wiki Bio of Bill Ford net worth is updated in 2023. Ford gave up an executive position in heavy truck program management to become chairman of the Finance committee on the Board of Directors, a non-executive corporate governance position. 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. [12] He has been a director of prior General Atlantic portfolio companies including Tory Burch, First Republic Bank, NYSE Euronext, E*Trade, Priceline, and NYMEX. 2020 marked the first year since 2001 that Ford's stock has topped $20 a share. New York State Life Science Advisory Board. Ratan TATA #ratantatayour queryratan tata biographyratan tataratan tata speechratan tata biography in . Then, the family had a net worth of $2 billion. He was elected Chairman of the Board in September 1998, and took office on January 1, 1999. After completing his bachelor's degree fromPrinceton University, he attendedMIT Sloan School of Management. 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. 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. 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. That's quadruple the roughly 4 million, or 5.7%, he owned in 2012, according to FactSet. 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. She joined Ford in . When the chief operating officer and president Jim Padilla retired in 2006, he also assumed his posts. William's mailing address filed with the SEC is FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN, MI, 48126. He is the executive chairman of Ford Motor Company. 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. Bill Elliott On 8-10-1955 Bill Elliott (nickname: Bill) was born in Dawsonville, Georgia, United States. The late mayor Rob Ford's estate is valued at $1.1 million, according to documents filed in Toronto estates court in the last few months. The estimated Net Worth of William E Ford is at least $2.07 Billion dollars as of 14 April 2022. Russias War On Ukraine: Daily News And Information From Ukraine, Bayern Munich Remain First But Must Switch Off Complacency Ahead Of PSG Fixture, More Ex-British Challenger 2 Tanks Are Bound For Ukraine As London Doubles Its Pledge, This African Country Of Millions Is Without PowerHeres What We Know, REI Workers In Cleveland Vote To Join The Retail, Wholesale And Department Store Union, What It Took To Bring Daisy Jones And The Six To TV, Texas GOP Censures Rep. Gonzales For Supporting Same-Sex Marriage And Gun Safety, New England Patriots Reportedly Set To Release Brian Hoyer, Leaving Two In The Quarterback Room, Salesforce Gapped Higher On Better-Than-Expected Earnings. The Ford family's voting power diminishes once their Class B shares fall below about 60.8 million. Therefore, the above worth, income or earnings statistics may not be 100% accurate. 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. William has made over 24 trades of the Blackrock stock since 2016, according to the Form 4 filled with the SEC. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. Her first In 2023, Beatriz Monroys net worth was estimated to be, Peter Beckett is an English musician and songwriter who has a net worth of $1 million. Henry Ford II uncle MIT Sloan School of Management (S.M., 1984), William Clay Ford Sr. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. The company is planning to invest as much as $20 billion in EV development over the next 10 years, and in March 2022 it announced that it would split into two units: Ford Model e, for EV. Fontinalis Partners co-founder William Clay "Bill" Ford is an American businessman. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. . Beatriz Monroy was born March 30, 1955. in management as a Sloan Fellow from the MIT Sloan School of Management. Bayern Munich is keeping pace with Borussia Dortmund at the top of the table ahead of the season-defining clash against Paris Saint-Germain on Wednesday. As of January 2023, Henry Ford would have had an estimated net worth of $200 billion (adjusted for inflation). The least known of Edsel Ford's sons. 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). He is known to be the great-grandson of Harvey Firestone and Henry Ford. Bill Ford's net worth or net income is estimated to be $1 million - $3 million dollars. Upon his death, the Henry Ford net worth stood at what would equate to approximately $199 billion nowadays. Bill Ford was born on May 03, 1957 in Detroit, Michigan, United States, United States, is American businessman. Bill attended boarding school from 9th to 12th grade. In September 2006, he stepped down as the company's CEO and president but he retained his post as the executive Chairman. Ford continues as the company's Executive Chairman. He is also a member of the Steering Committee for the CEO Action for Diversity and Inclusion initiative. American chief executives in the automobile industry, Hotchkiss School (1975) Bill Jr. and his mother Martha Firestone Ford still own the NFL Detroit Lions. Ford directly owns about 20.3 million shares, including restricted, common and Class B stock. 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. 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 . Dual fuel vehicles generally have two fuel tanks one for compressed natural gas or propane, and another for regular gasoline with a selector switch to choose between them. The most active insiders traders include Retiree Medical Benefits Tr, William Clay Jr Ford, and Richard A Manoogian. As premier, through Bill 4, "Cap and Trade Cancellation Act, 2018" which was tabled on July 25, 2018, Ford repealed Bill 172 as . Ford added the title of Chief Executive Officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. Also read the age, career, net worth, and body measurements of Danny Daggenhurst, Alejandra Silva, Roman Abramovich [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. Bill Sr. owned the Detroit Lions f Henry Ford's last surviving grandson died March 9, 2014 at age 88. Peak net worth (in current dollars): $8.1 million. Net Worth in 2022: $950 million. As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. Morants agent denied previous allegations he hit and flashed his gun at a teenager suggesting they were made to tarnish his reputation. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. He owns hundreds of acres of land and earns a handsome salary from his own company. He replacedJacques Nasser. He has earned this net worth by contributing his whole life in the name of his country. It seems that he is successful in collecting a good sum of money from his professional career. We have estimated Doug Ford's net worth , money, salary, income, and assets. 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. Bill Ford was born on May 3, 1957 in Detroit, Michigan, United States, United States (65 years old). Some of the richest family members are William Clay Ford Jr. & Edsel Ford II, great-grandsons of Henry Ford. William Clay Ford, Jr. was born on May 3, 1957 in Detroit, Michigan, United States. in management as a Sloan Fellow from the MIT Sloan School of Management. She is the first female member of the Ford family to serve on the board. In this article, we show you how Ford became one of the richest men in history. Bill Ford net worth is $13 Million Bill Ford Wiki: Salary, Married, Wedding, Spouse, Family . Correction: Henry Ford was Bill Ford's great-grandfather. Explain to me how Ford can have a market capitalization of $36 billion or so with more than $100 billion of revenue, and Tesla can have a $550 billion market cap with sales of less than your . 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. He also briefly headed the Climate Control Division (since divested from the company as part of the Visteon spinoff). Under his direction, the firm's assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020.