He has a whopping amount of net worth. 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. 1975 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. However, the wealth left behind has since diminished somewhat, with Ford's market cap now standing at $43.5 billion. Ford directly owns about 20.3 million shares, including restricted, common and Class B stock. The Ford family's voting power diminishes once their Class B shares fall below about 60.8 million. Ford has been a vegetarian since 1990, and adopted a vegan diet in 2010. 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. Global Private Capital Association (GPCA), Board Member, Digital Initiatives Committee Chair. In 1984 he received an M.S. Bill Ford is a Business, zodiac sign: Gemini. He owns hundreds of acres of land and earns a handsome salary from his own company. 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. Bill Ford is a Business, zodiac sign: Gemini. Caption: Bill Elliott posing for a photo with his car (Photo: Mopar Insiders) 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. 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. Info. Social Media: Twitter. About William Ford, Sr. Henry Ford's last surviving grandson died March 9, 2014 at age 88. The William Clay Ford Jr net worth and salary figures above have been reported from a number of credible sources and websites. Ford left the company to his family and 40% of Ford Motor Company still remains in the control of his great grandchildren. It's connecting to the customer, it's all the services that will be developed around electrification.". 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. 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. His movie roles include The Irishman, The Big Sick, and recurring voice acting duties for the Ice Age animated movie franchise. He is the company's biggest individual shareholder with 2.3 million. From a young age, he showed proficiency as a craftsman. He is one of the richest and most influential politicians in Canada. He earned a degree in management as a Sloan Fellow from the MIT Sloan School of Management. In this article, we show you how Ford became one of the richest men in history. [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. Nationality: United States. 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. He is the Executive Chairman of. As the Independent Director of Blackrock, the total compensation of William Ford at Blackrock is $364,289. ", CEOs unload record $69 billion of stock in 2021, Ford reveals its new electric F-150 Lightning pickup truck Here are all the new features, Bill Ford on automaker's stock rally, SPACs and retail investors, Benioff more than delivers with Salesforce's fourth-quarter beat and sky-high guidance, Benioff calls profitability Salesforce's 'top priority,' underscoring why he should remain CEO. [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. 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. Bill Ford received $16 million in total compensation from Ford in 2020, which came in a mix of benefits, cash and equity awards. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. It gives us a face and maybe a humanity that a lot of other companies don't have. An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 The headline on an earlier version misstated the relationship. William Clay Ford Jr. Net Worth $1.2 Billion Dollars . He serves as Chairman of the firms Management Committee and is a member of the Investment, Portfolio, and Operating Committees. In 1984 he received an M.S. In addition, he makes $16,757,200 as Executive Chairman of the Board at Ford Motor Co. William has made over 33 trades of the Ford Motor Co stock since 2004, according to the Form 4 filled with the SEC. Alexandra Ford English, daughter of Bill Ford, was elected to the board at age 33 with Henry Ford III. And, shedding further light on a claim by Ford's widow . This is my life and I love the company," he said. 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. Henry Ford's last surviving grandson died March 9, 2014 at age 88. Ford Motor net worth as of March 02, 2023 is $49.11B. Bill Clinton received $15 . The company expects an 8% adjusted profit margin before interest and taxes in 2023 earlier thanmany analysts expected. And that resulted in Ford reporting a $3.1 billion net loss. There are 16 executives at Blackrock getting paid more, with LaurenceFink having the highest compensation of $24,308,300. 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. Wiki Bio of Bill Ford net worth is updated in 2023. 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. The site may also use cookies from third parties. Ford's now worth more than crosstown rival General Motors, which is valued at about $90 billion. He also briefly headed the Climate Control Division (since divested from the company as part of the Visteon spinoff). He served several years as a mid-ranking executive in product development. The most active insiders traders include Retiree Medical Benefits Tr, William Clay Jr Ford, and Richard A Manoogian. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. Data is a real-time snapshot *Data is delayed at least 15 minutes. Tom Ford. 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 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. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. Under his direction, the firms assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020. 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. He has earned this net worth by contributing his whole life in the name of his country. The dual-class stock structure, which has been in place since the company went public in 1956, has faced numerous shareholder challenges. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. "I think in many ways we have an opportunity to create the most value for shareholders since the scaling of the Model T.". Apart from his career, he is an avid football fan and is also the vice-chairman of the Detroit Lions in the NFL franchise. Ford continues as the company's Executive Chairman. Bill Ford Net Worth is $250,000. Morants agent denied previous allegations he hit and flashed his gun at a teenager suggesting they were made to tarnish his reputation. We have estimated Doug Ford's net worth , money, salary, income, and assets. Tsinghua Universitys School of Economics and Management, Our Investment Approach and Global Opportunity Set. He is the executive chairman of Ford Motor Company. William Clay has a combined net worth of $4 billion. Approx. Bill Ford was born on May 03, 1957 in Detroit, Michigan, United States, United States, is American businessman. He has an estimated net worth of $2 billion dollars. Prior to joining UBS, he advised clients and institutions as a . Henry had the company; Bill had the Detroit Lions; and Benson headed Lincoln-Mercury from 1948 to 1955. 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. In addition to his duties as chair, he served as chief executive officer of the company from October 2001 to September 2006 . Bill James, founding partner of James, Ford & Duble Wealth Partners, has been a financial advisor for 29 years. 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 most active insiders traders include William E Ford, Fabrizio Freda, and Murry Gerber. William Ford Net Worth. 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. . 3William Clay Ford Jr. Net Worth (Entrepreneur) - Celeb Networth Author:celeb-networth.com Published Date:08/22/2022 Review:4.43 (388 vote) Summary:With the net worth of $1 Billion, William Clay Ford Jr. is the # 1201 richest person on earth all the time follow our database. Source of Money. Several years ago, Zero teamed with Huge Design and came up a concept bike so popular, it went into production largely unchanged. Margaret Qualley is an American actress and dancer who has a net worth of $3 million. [18][failed verification][19][failed verification], Ford also serves on the advisory board of Tsinghua University's School of Economics and Management. The stock closed Thursday at $25.02 a share, with the company's market value at $99.99 billion. 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. Ford earned $10 million annually and was the 264th highest-paid CEO according to Forbes at the time of his resignation. Sources say. Princeton University (B.A., 1979) Will the same happen with the latest collaboration, the SR/S-based SR-X? He replacedJacques Nasser. Net Worth Net Worth 2020 Undisclosed Salary 2020 Not known Biography Timeline 1975 DETAILS BELOW. 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. "We're on this electrification journey, but it's more than that. This net worth evaluation does not reflect any other assets that Mr. Ford, Jr. may own. Bill Ford was elected a company vice president and head of the company's Commercial Truck Vehicle Center in 1994. He played on the Princeton rugby team as well. "The Mach-E and the Lightning, both their order banks just overwhelmed us," Ford said. The oldest executive at Ford Motor Co. is EdselFord, 71, who is the Director. William Clay Ford, Jr. is the great-grandson of Henry Ford. The estimated Net Worth of William Clay Jr Ford is at least $118 Million dollars as of 24 March 2022. If you're looking for William Clay Ford Jr's net worth in 2023, then check out how much money William Clay Ford Jr makes and is worth today below. =), Copyright 2023 CelebrityNetWorth123.com | Contact Us | Privacy Policy. Ford's stock closed Thursday at $25.02. 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: Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. He was proud of the family's role in building and sustaining the company through many crises. Doug Ford's income source is mostly from being a successful Businessperson. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. 'Frontlines' is a 'Call Of Duty' clone made in Roblox. Ford was glorified as a chairman of the United States-Mexico Chamber of Commerce. 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. The boy was educated at Hotchkiss School, and then William graduated from Princeton University in 1979. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. Doug Ford's net worth is estimated at $50 million as of 2023. 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. 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. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. He served as Chief Executive Officer of the Company from October 2001 until September 2006 when he became Executive Chairman. [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. The great-grandson of company founder Henry Ford, Ford joined the board in 1988 and has served as chairman since January 1999. In addition, he makes $16,757,200 as Executive Chairman of the Board at . 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. Most recently he bought 267,697 units of F stock worth $4,499,987 on 24 March 2022. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Ford has been a vegetarian since 1990, and adopted a vegan diet in 2010. 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. Market competition, health care and raw material costs, led Ford to announce a second restructuring for its North American operations in four years. 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. 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. He is from . 2020 marked the first year since 2001 that Ford's stock has topped $20 a share. American businessmanWilliam Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. He was made chairman of the firm in 2021. The least known of Edsel Ford's sons. Peak net worth . 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. 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. As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide. 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. His son, Bill Ford Jr., is now executive chairman of Ford Motor. John Ford. [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. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. 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. After completing his bachelor's degree fromPrinceton University, he attendedMIT Sloan School of Management. 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 . 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 . 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. At that time, Bill was the highest-paid wrestler, earning $2.5 million a year. "I just feel like we are very well positioned to deliver superior shareholder returns and I for one wanted to be a big part of that," Ford told CNBC. Ford joined the board in 1988 and has served as chairman since January 1999. Alfred Ford: The billionaire bhakt. 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. 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. New York State Life Science Advisory Board. Known for movies. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. Get this delivered to your inbox, and more info about our products and services. 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 was proud of the family's role in building and sustaining the company through many crises. Well, if your all set, here is what I know. Bill surely has the brains, as he received an Ivy League education and degree in history from Princeton University in 1979. Henry Ford's Great-Great Grandchildren Join the Family Business - WSJ News Corp is a global, diversified media and information services company focused on creating and distributing. Likewise, Goldberg worked as a part-time wrestler for WWE and earned . "I really believe that we are headed for an incredible future.". Liverpool legend Roberto Firmino has offered himself to FC Barcelona through his agent, according to a report. One of the most well-known names in American business is perhaps Henry Ford, who revolutionized transportation and created contentious workplaces. 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. Got a confidential news tip? Bill attended boarding school from 9th to 12th grade. As of 24 March 2022 he still owns at least 4,221,936 units of Ford Motor Co stock. 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. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. It would have had a $1.6 billion profit without special charges. 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. Henry Ford II uncle Bill Ford has been a vocal advocate for improvements to be made in all modes of global transportation. Later, both of them had four lovely kids christened as Martha Parke Morse, born in 1948; Sheila Firestone Hamp born in 1951; William Clay Ford Jr. born in 1957; and Elizabeth Hudson Ford, Kontulis, born in 1961. 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 was made chairman of the firm in 2021. At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations. He currently resides in Detroit, Michigan, USA. in management as a Sloan Fellow from the MIT Sloan School of Management. Upon his death, the Henry Ford net worth stood at what would equate to approximately $199 billion nowadays. Bill Ford can be an acting professional, known for Teach of Dreams (1987) so when Nature Phone calls (1985). Mr. Ford has formerly served on the boards of First Republic Bank, NYSE Euronext, E*Trade, Priceline, NYMEX Holdings, and Computershare. William Clay Ford, Jr. was born on May 3, 1957 in Detroit, Michigan, United States. Center for Strategic & International Studies (CSIS). . He played on the Princeton rugby team as well. Bill Ford studied at Massachusetts Institute Of Technology (MIT),Princeton University, MIT Sloan School of Management (1984), Princeton University (1979 . When Nature Calls 1985 as Actor . Edit View history William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chairman of Ford Motor Company. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. What is William Clay Ford Jr.'s net worth? As of January 2023, Henry Ford would have had an estimated net worth of $200 billion (adjusted for inflation). The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. The driver is married to Cindy Elliott, his starsign is Libra and he is now 67 years of age. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. "I think it's really important that the family legacy continue. 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. William Barr was the government official serving as the 85th United States Attorney General. However, there are several factors that affect a celebritys net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. However, in 2021, Doug Ford's approval rating dropped about 8% which was one of the highest in his political career. William Clay Ford Sr. Bill Ford has a n estimated net worth of $1 billion as of 2022. Share. The company returned to profitability in 2010. 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. All Rights Reserved. The estimated Net Worth of William E Ford is at least $2.07 Billion dollars as of 14 April 2022. Bill Jr. and his mother Martha Firestone Ford still own the NFL Detroit Lions. 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 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.