It's connecting to the customer, it's all the services that will be developed around electrification.". His cousin, Edsel Ford II, is worth $500 million dollars. Correction: Henry Ford was Bill Ford's great-grandfather. Mr. Ford has formerly served on the boards of First Republic Bank, NYSE Euronext, E*Trade, Priceline, NYMEX Holdings, and Computershare. William has an estimated net worth of $1 Billion. He has made such an amount of wealth from his primary career as a Baseball Player. He owns hundreds of acres of land and earns a handsome salary from his own company. American businessman William Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. 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. Unlike his predecessor, Farley has won investor confidence since taking over the helm in October 2020. in management as a Sloan Fellow from the MIT Sloan School of Management. The most recent stock trade was executed by John T. Lawler on 3 March 2023, trading 29,821 units of F stock currently worth $380,218. In addition to his duties as chair, he served as chief executive officer of the company from October 2001 to September 2006 . On average, William trades about 524,319 units every 22 days since 2016. Under his direction the firm's assets under management have increased from roughly $12 billion in 2007 to $35 billion as of August, 2019. William Clay Ford Jr. (born May 3, 1957) is famous for being entrepreneur. Bill Ford is a Business, zodiac sign: Gemini. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. DETAILS BELOW. As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. Mr. Ford has held a number of management positions within Ford, including Vice President Commercial Truck Vehicle Center. It seems that he is successful in collecting a good sum of money from his professional career. Ford had no inheritance and he spent virtually his entire adult life in public service. In 2023, William Clay Ford Jr's net worth was estimated to be $1 Billion. Peak net worth (in current dollars): $8.1 million. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. He has investments all over the financial sector and is thus, living in luxuries. Fans, please take into consideration that we didn't break into William Clay Ford Jrs bank accounts. Peak net worth . The least known of Edsel Ford's sons. He is founder and former chairman of Southfield-based auto lender Credit Acceptance Corp. 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. As of March 2023, William Barr has an estimated net worth of $40 million. 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. The oldest executive at Blackrock Inc. is MathisCabiallavetta, 75, who is the Independent Director. 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. Fontinalis Partners co-founder William Clay "Bill" Ford is an American businessman. And, yes, we've come a long way, baby! Edsel Ford II cousin Shares of the automaker have surged by about 270% since then, sending its market value above $100 billion on Thursday for the first time ever. Ford's stock closed Thursday at $25.02. in management as a Sloan Fellow from the MIT Sloan School of Management. "We're on this electrification journey, but it's more than that. Bill Ford was born on May 3, 1957 in Detroit, Michigan, United States, United States (65 years old). William Ford is 58, he's been the Independent Director of Blackrock since 2018. Market competition, health care and raw material costs, led Ford to announce a second restructuring for its North American operations in four years. [6][failed verification], Ford serves as Chair of Rockefeller University and serves on the board of trustees of the Memorial Sloan Kettering Cancer Center. Margaret Qualley is an American actress and dancer who has a net worth of $3 million. Ford's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. 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. News on all your favorite celebs, reality TV, and movies. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. 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 estimated Net Worth of William E Ford is at least $2.07 Billion dollars as of 14 April 2022. As of 24 March 2022 he still owns at least 4,221,936 units of Ford Motor Co stock. DETROIT Ford Motor Chair Bill Ford has been slowly amassing more shares, and control, of the automaker his great-grandfather founded in 1903. Additionally, in 2002, Goldberg had an expensive contract with AOL Time Warner, the parent Company of WCW. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. CNBC's Robert Frank contributed to this report. 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. 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. Morants agent denied previous allegations he hit and flashed his gun at a teenager suggesting they were made to tarnish his reputation. . The World's Most Entertaining Car Website, MIT Sloan School of Management (1984), Princeton University (1979), The Hotchkiss School, Massachusetts Institute of Technology, Kim Kardashian To Pay $1.26 Million Due To Instagram Ad Illegally Hyped Crypto, Bill Murray Has Raised Over $200,000 Worth Of Crypto For A Charity And Loses Over $185,000 Worth Of Raising Funds, Elon Musk Agrees To Own Twitter For $44 Billion, Moving To Canada? Ford was glorified as a chairman of the United States-Mexico Chamber of Commerce. 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. Ford has also appeared on CNBC with David Faber. This is my life and I love the company," he said. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. The trucks. In addition, he makes $364,289 as Independent Director at Blackrock. And that resulted in Ford reporting a $3.1 billion net loss. In September 2006, he stepped down as the company's CEO and president but he retained his post as the executive Chairman. He had tied the holy knot with his lady named Martha Firestone Ford. 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. Some of the richest family members are William Clay Ford Jr. & Edsel Ford II, great-grandsons of Henry Ford. 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. Under his direction, the firms assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020. Net Worth in 2022: $950 million. Bill Ford received $16 million in total compensation from Ford in 2020, which came in a mix of benefits, cash and equity awards. Talking about his firm, its annual revenues are in millions and billions. 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. And, shedding further light on a claim by Ford's widow . Share. The headline on an earlier version misstated the relationship. Ford said he can't remember, if ever, selling Ford shares in the open market. 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. Lew Rock, a news and opinion site, has had contributions from Bill Bonner. 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. Several years ago, Zero teamed with Huge Design and came up a concept bike so popular, it went into production largely unchanged. Net Worth: Undisclosed. He was proud of the family's role in building and sustaining the company through many crises. [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. 2020 marked the first year since 2001 that Ford's stock has topped $20 a share. Edit View history William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chairman of Ford Motor Company. Bill Ford was elected a company vice president and head of the company's Commercial Truck Vehicle Center in 1994. The estimated net worth of Willaim Clay Ford, Jr. is at least $15.18 million as of August 1st, 2019. Will the same happen with the latest collaboration, the SR/S-based SR-X? William Clay Ford Net Worth $1 Billion To begin with, the boy was born in Detroit; his father is William Clay Ford Senior and his mother Martha Parke Firestone, who is the granddaughter of Harvey Firestone, of tire-making fame. American businessmanWilliam Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. The most active insiders traders include William E Ford, Fabrizio Freda, and Murry Gerber. American chief executives in the automobile industry, Hotchkiss School (1975) 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: The company returned to profitability in 2010. 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. 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. William Ford is 63, he's been the Executive Chairman of the Board of Ford Motor Co since 2006. 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. He is one of the richest and most influential politicians in Canada. The estimated Net Worth of William Clay Jr Ford is at least $123 Million dollars as of 24 March 2022. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. 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 1971,William Clay Ford Jr officially joined Ford. He also serves as Chairman of General Atlantics Management Committee and is a member of the firms Investment and Portfolio Committees. 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 Jr. and his mother Martha Firestone Ford still own the NFL Detroit Lions. An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 He served several years as a mid-ranking executive in product development. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. 2023 CNBC LLC. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. 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. By collecting data from the most accurate and reputable resources, we've compiled a collection of the richest celebrities and their net worths. 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. Princeton University (B.A., 1979) He is the executive chairman of Ford Motor Company. Ford believes his stock ownership supports his defense of the family's shares and voting power. However, there are several factors that affect a celebritys net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. Bill Sr. owned the Detroit Lions for 51 years, but never saw an NFL championship. However, the wealth left behind has since diminished somewhat, with Ford's market cap now standing at $43.5 billion. He is known to be the great-grandson of Harvey Firestone and Henry Ford. 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). Nationality: United States. Category: Richest Business. Bill Bonner is one of the richest people on the earth with around $950 million net worth. At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations. Bill Ford can be an acting professional, known for Teach of Dreams (1987) so when Nature Phone calls (1985). 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. 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. 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. 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. Bill Ford directly owns 16.1 million, or 23%, of the Class B shares, which are only available to family members. On average, William trades about 76,197 units every 29 days since 2003. Eleanor Ford and Joseph Cobb, grade-school classmates and the . 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. Source of Money. [6][failed verification], Ford received his M.B.A. from the Stanford Graduate School of Business in 1987 and his B.A. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. Doug Ford's net worth is estimated at $50 million as of 2023. Mr. Ford owns over 267,697 units of Ford Motor Co stock worth over $50,958,768 and over the last 20 years he sold F stock worth over $50,735,709. Net Worth: $2.2 Billion. 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. . Get this delivered to your inbox, and more info about our products and services. 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. One of the most well-known names in American business is perhaps Henry Ford, who revolutionized transportation and created contentious workplaces. 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. It would have had a $1.6 billion profit without special charges. At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations. 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. William Barr Net Worth. That doesn't include exercising options, transferring shares to trusts or converting common shares to Class B stock. Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. Mr. Ford, Jr. owns 1,100,617 shares of Ford Motor stock worth more than $15,177,508 as of February 1st. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Ford added the title of Chief Executive Officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. [1] He lives in New York City. In addition, he makes $364,289 as Independent Director at Blackrock. Ford Motor Company is a global company based in Dearborn, Michigan. He also serves on the board of BlackRock. The most active insiders traders include Retiree Medical Benefits Tr, William Clay Jr Ford, and Richard A Manoogian. The estimated Net Worth of William Clay Jr Ford is at least $118 Million dollars as of 24 March 2022. Bill surely has the brains, as he received an Ivy League education and degree in history from Princeton University in 1979.