William Clay Ford Jr. Net Worth $1.2 Billion Dollars . All Rights Reserved. Info. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. Liverpool legend Roberto Firmino has offered himself to FC Barcelona through his agent, according to a report. He was also a lawyer from America. Alfred Ford: The billionaire bhakt. Bill Sr. owned the Detroit Lions for 51 years, but never saw an NFL championship. He is the company's biggest individual shareholder with 2.3 million shares of the Ford's common stock. DETAILS BELOW. As Executive Chair of Ford Motor Company, my goal is to . He was elected Chairman of the Board in September 1998, and took office on January 1, 1999. 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 . 2023 Forbes Media LLC. Train of Dreams 1987 as Tony's Gang. 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. 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. "I really believe that we are headed for an incredible future.". Bill Ford can be an acting professional, known for Teach of Dreams (1987) so when Nature Phone calls (1985). Henry Ford was an American manufacturer and commercial tycoon who lived from July 30, 1863, to April 7, 1947. Last updated: 19 January 2023 at 7:39pm EST. 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. 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. The FTX founder would also be prohibited from using his parents devices. MIT Sloan School of Management (S.M., 1984), William Clay Ford Sr. Bill joined General Atlantic in 1991 and became CEO in 2007. He started his career in product development and held a variety of positions on his way up to reach where he is now. In addition, he makes $364,289 as Independent Director at Blackrock. Ford said he can't remember, if ever, selling Ford shares in the open market. William's mailing address filed with the SEC is FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN, MI, 48126. Ford policy provides for ongoing performance feedback to an employee that includes: A bi-annualreview of the employee's specific responsibilities,objectives and accomplishments. Bill Jr. and his mother Martha Firestone Ford still own the NFL Detroit Lions. 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. Several years ago, Zero teamed with Huge Design and came up a concept bike so popular, it went into production largely unchanged. Net Worth Net Worth 2020 Undisclosed Salary 2020 Not known Biography Timeline 1975 In 1984 he received an M.S. New York State Life Science Advisory Board. He is the company's biggest individual shareholder with 2.3 million. in Economics from Amherst College in 1983. Therefore, the above worth, income or earnings statistics may not be 100% accurate. He currently resides in Detroit, Michigan, USA. Net Worth: Undisclosed. [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. He started his career in product development and held a variety of positions on his way up to reach where he is now. Wiki Bio of Bill Ford net worth is updated in 2023. Ford Family Net Worth As of March 2023, Martha Firestone Ford has garnered a net worth of $1.4 Billion, and William Clay Ford, Jr. has garnered a net worth of $1 Billion. 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. It would have had a $1.6 billion profit without special charges. 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 been the Chief Executive Officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. Ford Motor Company is a global company based in Dearborn, Michigan. 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. A Division of NBCUniversal. 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. His son, Bill Ford Jr., is now executive chairman of Ford Motor. Correction: Henry Ford was Bill Ford's great-grandfather. Mr. Ford, Jr. owns 1,100,617 shares of Ford Motor stock worth more than $15,177,508 as of February 1st. Ford continues as the company's Executive Chairman. Edsel Ford II cousin He also serves on the board of BlackRock. He is the executive chairman of Ford Motor Company. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. Sources say. Ford Family has made a great name for themselves in the automotive industry, and they continue to prosper with time. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. The William Clay Ford Jr net worth and salary figures above have been reported from a number of credible sources and websites. I am a lifelong car enthusiast and a passionate environmentalist who is interested in issues surrounding mobility and sustainability. Under his direction, the firm's assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020. Malavika Sangghvi / TNN / Mar 6, 2005, 11:32 IST. Ford earned $10 million annually and was the 264th highest-paid CEO according to Forbes at the time of his resignation. The most active insiders traders include William E Ford, Fabrizio Freda, and Murry Gerber. Under his direction, the firms assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020. It seems that he is successful in collecting a good sum of money from his professional career. 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. After completing his bachelor's degree fromPrinceton University, he attendedMIT Sloan School of Management. Net Worth: $2.2 Billion. He is better known for his pure loving, kind heart personality. As of 14 April 2022 he still owns at least 14,915 units of Blackrock stock. He earned a degree Table of Contents Inception Ford The founder of this company is Henry Ford. Peak net worth . Martha Firestone Ford, Henry Ford great-grandfather Data is a real-time snapshot *Data is delayed at least 15 minutes. Instead of cashing in on the $18 million in proceeds he would have gotten from exercising the options like most executives do, Ford paid $20.5 million in cash as well as taxes on the gains to hold on to the shares. Harvey S. Firestone Jr. grandfather. Then, the family had a net worth of $2 billion. Blackrock executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. He is the executive chairman of Ford Motor Company. There are 6 older and 18 younger executives at Ford Motor Co. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Share. "We're on this electrification journey, but it's more than that. He had tied the holy knot with his lady named Martha Firestone Ford. He served several years as a mid-ranking executive in product development. "I'm in this for the long haul. 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. Some of the richest family members are William Clay Ford Jr. & Edsel Ford II, great-grandsons of Henry Ford. He served as Chief Executive Officer of the Company from October 2001 until September 2006 when he became Executive Chairman. As the Independent Director of Blackrock, the total compensation of William Ford at Blackrock is $364,289. Born in Puebla, Mexico, in 1987, as Sofia Lama In 2023, Sofia Stamatiadess net worth was estimated to be, Gavin McInnes is a Scottish-Canadian writer, creative director, and actor who has a net worth of $10 million dollars. Currently, he serves as the executive chairman of Ford Motor Company. News on all your favorite celebs, reality TV, and movies. Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. He transformed what was once a flaccid enterprise into a multi-million dollar company. William E. Ford (born June 18, 1961) is an American businessman. He has a whopping amount of net worth. Bill Ford is a Business, zodiac sign: Gemini. Fans, please take into consideration that we didn't break into William Clay Ford Jrs bank accounts. Similarly, he is a wealthy car racing driver. Center for Strategic & International Studies (CSIS). American chief executives in the automobile industry, Hotchkiss School (1975) However, the wealth left behind has since diminished somewhat, with Ford's market cap now standing at $43.5 billion. William Ford is 63, he's been the Executive Chairman of the Board of Ford Motor Co since 2006. Bill Ford was born on May 03, 1957 in Detroit, Michigan, United States, United States, is American businessman. Ford continues as the company's Executive Chairman. 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 shared his father Edsel's flair for design, overseeing the design direction for some of Ford. On average, Ford Motor Co executives and independent directors trade stock every 25 days with the average trade being worth of $1,450,835. Apart from his career, he is an avid football fan and is also the vice-chairman of the Detroit Lions in the NFL franchise. =), Copyright 2023 CelebrityNetWorth123.com | Contact Us | Privacy Policy. William E. Ford. Net Worth in 2022: $950 million. Author. Bill Ford has been a vocal advocate for improvements to be made in all modes of global transportation. Bill Ford's net worth or net income is estimated to be $1 million - $3 million dollars. 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. The company expects an 8% adjusted profit margin before interest and taxes in 2023 earlier thanmany analysts expected. The trucks. Bill Ford Net Worth Bill Ford Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. 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 an American entrepreneur and is the great-grandson of Henry Ford. Before Fame. 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. He replacedJacques Nasser. In September 1998, he was elected as the Chairman of the Board and on October 30, 2001, he started serving as the chief executive officer of the company. He also briefly headed the Climate Control Division (since divested from the company as part of the Visteon spinoff). How Much Is William Clay Ford Jr Worth? He was elected Chairman of the Board in September 1998, and took office on January 1, 1999. in management as a Sloan Fellow from the MIT Sloan School of Management. He transformed what was once a flaccid enterprise into a multi-million dollar company. 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. Most recently he bought 267,697 units of F stock worth $4,499,987 on 24 March 2022. In 1984 he received an M.S. Compare F With Other Stocks. After announcing the shutdown of Argo AI last fall, Ford hired more than 500 engineers from the automated driving company and they will now form the core of Latitude AI, a Pittsburgh based subsidiary focused on next generation driver assist systems. 2023 Forbes Media LLC. Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. The driver is married to Cindy Elliott, his starsign is Libra and he is now 67 years of age. As the Executive Chairman of the Board of Ford Motor Co, the total compensation of William Ford at Ford Motor Co is $16,757,200. Ford had no inheritance and he spent virtually his entire adult life in public service. He has an estimated net worth of $2 billion dollars. Share. Ford has also appeared on CNBC with David Faber. He has investments all over the financial sector and is thus, living in luxuries. 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. There are 16 executives at Blackrock getting paid more, with LaurenceFink having the highest compensation of $24,308,300. In addition to his duties as chair, he served as chief executive officer of the company from October 2001 to September 2006 . 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. 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. Likewise, Goldberg worked as a part-time wrestler for WWE and earned . Get this delivered to your inbox, and more info about our products and services. 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. From a young age, he showed proficiency as a craftsman. Prior to joining UBS, he advised clients and institutions as a . 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. Beatriz Monroy was born March 30, 1955. The vehicles are more sleek. Some have criticized the dual-share system for unfairly allowing the family to retain control of the automaker. Currently based in Michigan, Ford is married toLisa Vanderzee with whom he has four children. Known for movies. The great-grandson of company founder Henry Ford, Ford joined the board in 1988 and has served as chairman since January 1999. [1] He lives in New York City. 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. He played on the Princeton rugby team as well. 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. 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. 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. As premier, through Bill 4, "Cap and Trade Cancellation Act, 2018" which was tabled on July 25, 2018, Ford repealed Bill 172 as . That doesn't include exercising options, transferring shares to trusts or converting common shares to Class B stock. Later he was chairman of the Dealer Policy Board . He has earned this net worth by contributing his whole life in the name of his country. 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. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. The most active insiders traders include Retiree Medical Benefits Tr, William Clay Jr Ford, and Richard A Manoogian. Apart from his career, he is an avid football fan and is also the vice-chairman of the Detroit Lions in the NFL franchise. [7] Ford has personally led a number of successful investments during his tenure as CEO of General Atlantic, including First Republic Bank (2010), IHS Markit (2010), NYMEX Holdings (2006), Priceline (1998), and E*Trade (1995). The oldest executive at Blackrock Inc. is MathisCabiallavetta, 75, who is the Independent Director. William Clay Ford, Jr. was born on May 3, 1957 in Detroit, Michigan, United States. The Post revealed McKee and former Morgan Stanley banker Ford the CEO of General Atlantic who also serves on the board of companies including Tory Burch were dating in February. William Clay Ford Jr. serves as Executive Chairman of the Board of the Company. 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. 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. And that resulted in Ford reporting a $3.1 billion net loss. [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. Bachelor of Arts / Science, Yale University. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. 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. Henry Ford II uncle Edit View history William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chairman of Ford Motor Company. Most recently he bought 3,000 units of BLK stock worth $2,063,880 on 14 April 2022. Bill Clinton received $15 . Ford has been a vegetarian since 1990, and adopted a vegan diet in 2010. [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. Ford's now worth more than crosstown rival General Motors, which is valued at about $90 billion. 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. On September 5, 2006, Ford announced that he was stepping down as President and CEO, naming former Boeing senior executive Alan Mulally as his replacement. Mr. Ford brings to the Board extensive global investment management experience and financial expertise acquired over his 25 years at General Atlantic, one of worlds leading growth equity firms. At last year's shareholders meeting, 36.3% of voters supported a system that gave every share an equal vote, slightly higher than the 35.3% average since 2013. [20][failed verification][21][22] He served as a trustee of Amherst College from 2001-2013 and is a member of the Investment Committee for the College's endowment. Ford added the title of Chief Executive Officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. However, there are several factors that affect a celebritys net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. 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. 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. American businessman William Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. Ford's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. Ratan TATA #ratantatayour queryratan tata biographyratan tataratan tata speechratan tata biography in . 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. The estimated Net Worth of William E Ford is at least $2.07 Billion dollars as of 14 April 2022. 2023 CNBC LLC. We want to hear from you. 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. 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. However, in 2021, Doug Ford's approval rating dropped about 8% which was one of the highest in his political career. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. Ford added the title of Chief Executive Officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. 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 oldest executive at Ford Motor Co. is EdselFord, 71, who is the Director. Mini Biography. In September 2006, he stepped down as the company's CEO and president but he retained his post as the executive Chairman. When Nature Calls 1985 as Actor . 1975 Fontinalis Partners co-founder William Clay "Bill" Ford is an American businessman. Search; . AA. 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 of January 2023, Henry Ford would have had an estimated net worth of $200 billion (adjusted for inflation). Sign up for free newsletters and get more CNBC delivered to your inbox. [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. 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 William Clay Ford, Jr. is the great-grandson of Henry Ford. Margaret Qualley is an American actress and dancer who has a net worth of $3 million. $1 million - $3 million. Bill Ford was born on May 03, 1957 in Detroit, Michigan, United States, United States, is American businessman. At that time, Bill was the highest-paid wrestler, earning $2.5 million a year. [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. 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 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. "It gives us a face and maybe a humanity that a lot of other companies don't have.". 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. 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. Copyright 2023 General Atlantic Service Company, L.P. All Rights Reserved. The headline on an earlier version misstated the relationship. 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. About Ford family 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. Currently, he serves as the executive chairman of Ford Motor Company. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout.