Ford's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. He transformed what was once a flaccid enterprise into a multi-million dollar company. Date of Birth: Mar 14, 1925 - Mar 9, 2014 (88 years old) Place of Birth: American chief executives in the automobile industry. Martha Firestone Ford, Henry Ford great-grandfather The William Clay Ford Jr net worth and salary figures above have been reported from a number of credible sources and websites. 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. William has an estimated net worth of $1 Billion. 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: Ford has expanded its lineup of flexible-fuel vehicles, alternative fuel vehicles, and dual-fuel vehicles. The dual-class stock structure, which has been in place since the company went public in 1956, has faced numerous shareholder challenges. More importantly, he directly owns 16.1 million, or 23%, of the Class B shares. William Clay Ford Jr. serves as Executive Chairman of the Board of the Company. There are 6 older and 18 younger executives at Ford Motor Co. 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 company returned to profitability in 2010. AA. This net worth evaluation does not reflect any other assets that Mr. Ford, Jr. may own. Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. Later he was chairman of the Dealer Policy Board . He served several years as a mid-ranking executive in product development. Ford's now worth more than crosstown rival General Motors, which is valued at about $90 billion. A fresh take on sports: the biggest news and most entertaining lists. Bill Ford was born on May 3, 1957 in Detroit, Michigan, United States, United States (65 years old). Ford employs approximately 187,000 people worldwide. 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. 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 his direction, the firm's assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. 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. 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 . In 2023, William Clay Ford Jr's net worth was estimated to be $1 Billion. Henry Ford was an American manufacturer and commercial tycoon who lived from July 30, 1863, to April 7, 1947. William E. Ford (born June 18, 1961) is an American businessman. In September 2006, he stepped down as the company's CEO and president but he retained his post as the executive Chairman. From a young age, he showed proficiency as a craftsman. Some of the richest family members are William Clay Ford Jr. & Edsel Ford II, great-grandsons of Henry Ford. Mr. Ford has held a number of management positions within Ford, including Vice President Commercial Truck Vehicle Center. He is from . He was proud of the family's role in building and sustaining the company through many crises. Early Life Henry Ford was born on July 30, 1863, in Springwells Township, Michigan. After completing his bachelor's degree fromPrinceton University, he attendedMIT Sloan School of Management. $1 million - $3 million. Now, 40 years later,. Peter Beckett was born in Aigburth, In 2023, Peter Becketts net worth was estimated to be, Guillermo del Toro is a Mexican director and producer who has a net worth of $30 million. At that time, Bill was the highest-paid wrestler, earning $2.5 million a year. American businessmanWilliam Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. Ford has also appeared on CNBC with David Faber. A Division of NBCUniversal. 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 has investments all over the financial sector and is thus, living in luxuries. Most recently he bought 3,000 units of BLK stock worth $2,063,880 on 14 April 2022. The estimated net worth of Willaim Clay Ford, Jr. is at least $15.18 million as of August 1st, 2019. General Atlantic's website uses cookies to improve and personalize your experience. [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. And that resulted in Ford reporting a $3.1 billion net loss. 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. Ford Motor net worth as of March 02, 2023 is $49.11B. He was also a lawyer from America. He is also a member of the Steering Committee for the CEO Action for Diversity and Inclusion initiative. Then, the family had a net worth of $2 billion. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. As of March 2023, William Barr has an estimated net worth of $40 million. The most active insiders traders include William E Ford, Fabrizio Freda, and Murry Gerber. 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. 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. Lew Rock, a news and opinion site, has had contributions from Bill Bonner. 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. [6][failed verification], Ford received his M.B.A. from the Stanford Graduate School of Business in 1987 and his B.A. The company returned to profitability in 2010. Global Private Capital Association (GPCA), Board Member, Digital Initiatives Committee Chair. William Ford Net Worth. He is the Executive Chairman of. Malavika Sangghvi / TNN / Mar 6, 2005, 11:32 IST. About Henry Ford. Edsel Ford II cousin 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. 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. 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. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. Ford added the title of Chief Executive Officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. 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. An earlier version misstated the day. in management as a Sloan Fellow from the MIT Sloan School of Management. Family Members Physique Biography Biography Timeline 1975 Currently based in Michigan, Ford is married toLisa Vanderzee with whom he has four children. His son, Bill Ford Jr., is now executive chairman of Ford Motor. 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. The oldest executive at Blackrock Inc. is MathisCabiallavetta, 75, who is the Independent Director. Bill joined General Atlantic in 1991 and became CEO in 2007. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. Sources say. Share. The site may also use cookies from third parties. William Ford is 58, he's been the Independent Director of Blackrock since 2018. 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. All Rights Reserved. She joined Ford in . He is known to be the great-grandson of Harvey Firestone and Henry Ford. As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide. Wiki Bio of Bill Ford net worth is updated in 2023. The vehicles are more sleek. William Clay Ford, Jr. was born on May 3, 1957 in Detroit, Michigan, United States. Great-grandson of Henry Ford and the executive chairman of the Ford Motor Company. Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. American chief executives in the automobile industry, Hotchkiss School (1975) He also serves on the board of BlackRock. 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. While the Class B shares account for 2% of Ford's outstanding stock, they control 40% of the voting power. 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. His estimated net worth was $230 billion. William Clay Ford Jr. Net Worth $1.2 Billion Dollars . Net Worth. 1975 The trucks. He made his 5 million dollar fortune with NASCAR, Phoenix Racing, Turner Motorsports. In 1975, he graduated from the Hotchkiss School in Connecticut, and his name is actually listed on the school website under the list of successful alumni. From Satya Nadella at Microsoft to Jeff Bezos and Musk, CEOs, founders and other company insiders have been cashing in their stock at the highest pace on record with $69 billion in stock in 2021, as looming tax hikes and lofty share prices encouraged many to take profits.Ford, whose stake has grown through his work as chair of the board, said he's holding on to his shares because of his "tremendous confidence" in the company's management team, led by CEO Jim Farley, to deliver on Farley's Ford+ turnaround plan focusing on electric and connected vehicles. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. Net Worth: $200 Million Standup comedian and actor Ray Romano has enjoyed a prolific career in movies and television shows, best known as Ray Carbone in the series, Everybody Loves Raymond. 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. Bill Ford was born on May 3, 1957 in Detroit, Michigan, United States, United States (63 years old). Ford has been the Chief Executive Officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. 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. Some have criticized the dual-share system for unfairly allowing the family to retain control of the automaker. Edit View history William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chairman of Ford Motor Company. 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. His successes include founding the companys first wildlife habitat at a plant location, and the first automotive plant in the world to use post-consumer materials in all of its plastic parts. The estimated Net Worth of William Clay Jr Ford is at least $118 Million dollars as of 24 March 2022. Got a confidential news tip? 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. 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. Bill attended boarding school from 9th to 12th grade. The estimated Net Worth of William E Ford is at least $2.07 Billion dollars as of 14 April 2022. 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). Bill surely has the brains, as he received an Ivy League education and degree in history from Princeton University in 1979. William Barr Net Worth. 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 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. Over the last 6 years, insiders at Blackrock have traded over $14,738,951,639 worth of Blackrock stock and bought 13,861 units worth $7,394,382 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). 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. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. Net Worth in 2022: $1 Million - $5 Million . Ford directly owns about 20.3 million shares, including restricted, common and Class B stock. 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. In 2006, Forbes magazine ranked him 264th in the list of Forbes' list of top-earning CEOs with $15.4 million 5-year pay and $80.7 million dollars worth share owned. Approx. 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. 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. Net Worth: $2.2 Billion. The Ford family's voting power diminishes once their Class B shares fall below about 60.8 million. Additionally, in 2002, Goldberg had an expensive contract with AOL Time Warner, the parent Company of WCW. As of 14 April 2022 he still owns at least 14,915 units of Blackrock stock. Last updated: 19 January 2023 at 7:39pm EST. Annual Salary. "I'm in this for the long haul. He played on the Princeton rugby team as well. It would have had a $1.6 billion profit without special charges. Henry had the company; Bill had the Detroit Lions; and Benson headed Lincoln-Mercury from 1948 to 1955. Bill Clinton received $15 . [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. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. [24][25], Last edited on 15 December 2022, at 18:27, Learn how and when to remove this template message, National Committee on United States-China Relations, "General Atlantic Opens Mexico City Office and Expands Local Presence in Latin America", "General Atlantic Appoints Andrew Crawford as Managing Director and Head of its Global Retail and Consumer Sector", "General Atlantic Taps Dipp, Slavitt For Key Healthcare Sector Roles", "William E. Ford - Chief Executive Officer", "Bank of America Sells First Republic Bank", "Short Take: General Atlantic invests in Priceline.com", "BlackRock Elects New Independent Directors", "EMPEA Board Profile for William E. Ford", "Endeavor Global Board Profile for William E. Ford", "Governor Cuomo Announces Life Science Advisory Board", "We Want to Rebuild U.S. Relations With China - WSJ", "Ford: I would love to see a renaissance in IPO market", "Snap will be a serious competitor to Facebook and Google, says investor", Partnership for New York City leadership page, National Committee on United States-China Relations board page, Memorial Sloan Kettering Cancer Center (board of Overseers and Managers page), The New York Genome Center (supporters page), https://en.wikipedia.org/w/index.php?title=William_E._Ford&oldid=1127613021, Ford was ranked #5 on Forbes Midas List in 2009, Ford was ranked #6 on Forbes Midas List in 2008, This page was last edited on 15 December 2022, at 18:27. 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. In addition, he makes $364,289 as Independent Director at Blackrock. An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 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 Ford has a n estimated net worth of $1 billion as of 2022. On average, William trades about 76,197 units every 29 days since 2003. As premier, through Bill 4, "Cap and Trade Cancellation Act, 2018" which was tabled on July 25, 2018, Ford repealed Bill 172 as . 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. Net Worth: Undisclosed. Bill Ford studied at Massachusetts Institute Of Technology (MIT),Princeton University, MIT Sloan School of Management (1984), Princeton University (1979 . Before Fame. Compare F With Other Stocks. All Rights Reserved. Alexandra Ford English, daughter of Bill Ford, was elected to the board at age 33 with Henry Ford III. 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. As the Independent Director of Blackrock, the total compensation of William Ford at Blackrock is $364,289. DETAILS BELOW. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. You can see the complete history of Mr. Ford stock trades at the bottom of the page. . There are 16 executives at Blackrock getting paid more, with LaurenceFink having the highest compensation of $24,308,300. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. Ford policy provides for ongoing performance feedback to an employee that includes: A bi-annualreview of the employee's specific responsibilities,objectives and accomplishments. About William Ford, Sr. Henry Ford's last surviving grandson died March 9, 2014 at age 88. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. Category: Richest Business. 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. However, there are several factors that affect a celebritys net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. Table of Contents Inception Ford The founder of this company is Henry Ford. Bill Elliott On 8-10-1955 Bill Elliott (nickname: Bill) was born in Dawsonville, Georgia, United States. Bill Ford net worth is $13 Million Bill Ford Wiki: Salary, Married, Wedding, Spouse, Family . 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. William Ford is 63, he's been the Executive Chairman of the Board of Ford Motor Co since 2006. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. He launched the company in 1972, one of the first to offer loan programs to help dealers sell cars to. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. The driver is married to Cindy Elliott, his starsign is Libra and he is now 67 years of age. 1975 ", "I think it's really important that the family legacy continue," he said. [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. [6][failed verification], Ford serves as Chair of Rockefeller University and serves on the board of trustees of the Memorial Sloan Kettering Cancer Center. In 2014, William Clay Ford, Henry's last remaining grandson, passed away, leaving Martha Firestone Ford as the family matriarch. 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. 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. Search; . And, shedding further light on a claim by Ford's widow . About. Ford has been a vegetarian since 1990, and adopted a vegan diet in 2010. 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. Vehicles using these fueling alternatives are currently in test fleets, for Example as taxis and shuttle buses, and some are or will soon be available for sale to the public. The CEO Action for Diversity and Inclusion. He is the executive chairman of Ford Motor Company. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. Author. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. The holdings, which may exclude some trusts, were worth more than $500 million as of Thursday's closing price. Source of Money. It seems that he is successful in collecting a good sum of money from his professional career. American businessman William Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. 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. 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 left the company to his family and 40% of Ford Motor Company still remains in the control of his great grandchildren. In this week's episode, hear how Reyez first started getting into music thanks to her family, moved to Florida after a stint as a Toronto Raptors cheerleader and found musical success by leaning. He served several years as a mid-ranking executive in product development. However, in 2021, Doug Ford's approval rating dropped about 8% which was one of the highest in his political career. William Clay Ford, Jr. is the great-grandson of Henry Ford. Net Worth 2020 Undisclosed Find out more about Bill Ford net worth here. In 1984 he received an M.S. His estimated net worth in the year 2013 was around US$1.4 billion. Margaret Qualley is an American actress and dancer who has a net worth of $3 million. The boy was educated at Hotchkiss School, and then William graduated from Princeton University in 1979. The FTX founder would also be prohibited from using his parents devices. John Ford. Bill joined General Atlantic in 1991 and became CEO in 2007. 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. His salary is around $410,000. Likewise, Goldberg worked as a part-time wrestler for WWE and earned . Morants agent denied previous allegations he hit and flashed his gun at a teenager suggesting they were made to tarnish his reputation.
