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. $1 million - $3 million. The Ford family's voting power diminishes once their Class B shares fall below about 60.8 million. Center for Strategic & International Studies (CSIS). His son, Bill Ford Jr., is now executive chairman of Ford Motor. Ford directly owns about 20.3 million shares, including restricted, common and Class B stock. Net Worth. Train of Dreams 1987 as Tony's Gang. Henry Ford was an American manufacturer and commercial tycoon who lived from July 30, 1863, to April 7, 1947. With the retirement of Ford President and Chief Operating Officer Jim Padilla in April 2006, Bill Ford assumed those roles as well. 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. Talking about his firm, its annual revenues are in millions and billions. Ford continues as the company's Executive Chairman. A fresh take on sports: the biggest news and most entertaining lists. [6][failed verification][13][14][failed verification][15][16][17] Furthermore, he is a member of the Council on Foreign Relations and a member of the steering committee for The CEO Action for Diversity. The 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. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. Bill James, founding partner of James, Ford & Duble Wealth Partners, has been a financial advisor for 29 years. William Ford Net Worth. 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. It seems that he is successful in collecting a good sum of money from his professional career. 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. in management as a Sloan Fellow from the MIT Sloan School of Management. July 14, 2013, 12:12 AM by Bill McGraw. Early Life Henry Ford was born on July 30, 1863, in Springwells Township, Michigan. Ford had no inheritance and he spent virtually his entire adult life in public service. 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. One of the most well-known names in American business is perhaps Henry Ford, who revolutionized transportation and created contentious workplaces. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. You can see the complete history of Mr. Ford stock trades at the bottom of the page. By collecting data from the most accurate and reputable resources, we've compiled a collection of the richest celebrities and their net worths. He is from . 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: From a young age, he showed proficiency as a craftsman. He has made such an amount of wealth from his primary career as a Baseball Player. He has a whopping amount of net worth. [1] He lives in New York City. 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. The William Clay Ford Jr net worth and salary figures above have been reported from a number of credible sources and websites. As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide. In addition, he makes $364,289 as Independent Director at Blackrock. The trucks. Table of Contents Inception Ford The founder of this company is Henry Ford. Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. Liverpool legend Roberto Firmino has offered himself to FC Barcelona through his agent, according to a report. Data is a real-time snapshot *Data is delayed at least 15 minutes. He served several years as a mid-ranking executive in product development. Currently, he serves as the executive chairman of Ford Motor Company. There are no executives at Ford Motor Co getting paid more. His cousin, Edsel Ford II, is worth $500 million dollars. Mr. Ford owns over 267,697 units of Ford Motor Co stock worth over $55,180,704 and over the last 20 years he sold F stock worth over $50,735,709. Known for movies. The headline on an earlier version misstated the relationship. 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: $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. Bill Ford was born on May 3, 1957 in Detroit, Michigan, United States, United States (65 years old). The driver is married to Cindy Elliott, his starsign is Libra and he is now 67 years of age. Ford has been a vegetarian since 1990, and adopted a vegan diet in 2010. Ford added the title of Chief Executive Officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. That's quadruple the roughly 4 million, or 5.7%, he owned in 2012, according to FactSet. William Ford Jr. heads the board of directors at Ford. 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. 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. All Rights Reserved. He was proud of the family's role in building and sustaining the company through many crises. The late mayor Rob Ford's estate is valued at $1.1 million, according to documents filed in Toronto estates court in the last few months. . 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. Fans, please take into consideration that we didn't break into William Clay Ford Jrs bank accounts. However, in 2021, Doug Ford's approval rating dropped about 8% which was one of the highest in his political career. 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 employs approximately 187,000 people worldwide. Bill Ford can be an acting professional, known for Teach of Dreams (1987) so when Nature Phone calls (1985). He replacedJacques Nasser. =), Copyright 2023 CelebrityNetWorth123.com | Contact Us | Privacy Policy. 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. Some of the richest family members are William Clay Ford Jr. & Edsel Ford II, great-grandsons of Henry Ford. ", "I think it's really important that the family legacy continue," he said. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. Bill Elliott is a millionaire. 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. Goldberg has a net worth of $16 million and features an expensive contract with WWE. Some have criticized the dual-share system for unfairly allowing the family to retain control of the automaker. 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 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. His salary is around $410,000. The company returned to profitability in 2010. He transformed what was once a flaccid enterprise into a multi-million dollar company. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. 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. 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. Bachelor of Arts / Science, Yale University. As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. Family Members Physique Biography Biography Timeline 1975 William was Henry Ford's last surviving grandchild. As Executive Chair of Ford Motor Company, my goal is to . Ford said he can't remember, if ever, selling Ford shares in the open market. Annual Salary. As of January 2023, Henry Ford would have had an estimated net worth of $200 billion (adjusted for inflation). In 2023, William Clay Ford Jr's net worth was estimated to be $1 Billion. In this article, we show you how Ford became one of the richest men in history. He started his career in product development and held a variety of positions on his way up to reach where he is now. On average, Ford Motor Co executives and independent directors trade stock every 25 days with the average trade being worth of $1,450,835. 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's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. Henry Ford's last surviving grandson died March 9, 2014 at age 88. 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. Alfred Ford: The billionaire bhakt. The great-grandson of company founder Henry Ford, Ford joined the board in 1988 and has served as chairman since January 1999. 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 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. 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. 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. Bill surely has the brains, as he received an Ivy League education and degree in history from Princeton University in 1979. It would have had a $1.6 billion profit without special charges. Doug Ford's net worth is estimated at $50 million as of 2023. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. Gavin In 2023, Gavin McInness net worth was estimated to be. 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. Henry had the company; Bill had the Detroit Lions; and Benson headed Lincoln-Mercury from 1948 to 1955. Alfred Ford: The billionaire bhakt. At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. As premier, through Bill 4, "Cap and Trade Cancellation Act, 2018" which was tabled on July 25, 2018, Ford repealed Bill 172 as . 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. 2023 Forbes Media LLC. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. 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. In addition, he makes $364,289 as Independent Director at Blackrock. William Clay Ford Sr. 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. He played on the Princeton rugby team as well. Mr. Ford is also Vice Chairman of the Detroit Lions, Inc., former Chairman of the Detroit Economic Club, and trustee of the Henry Ford Museum. 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. Got a confidential news tip? Ford continues as the company's Executive Chairman. His estimated net worth was $230 billion. 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. 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. It gives us a face and maybe a humanity that a lot of other companies don't have. Market competition, health care and raw material costs, led Ford to announce a second restructuring for its North American operations in four years. The Mustangs are louder. He is known to be the great-grandson of Harvey Firestoneand Henry Ford. Find out Bill Fordnet worth 2020, salary 2020 detail bellow. 2023 CNBC LLC. News on all your favorite celebs, reality TV, and movies. The estimated Net Worth of William E Ford is at least $2.07 Billion dollars as of 14 April 2022. At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations. The oldest executive at Blackrock Inc. is MathisCabiallavetta, 75, who is the Independent Director. William's mailing address filed with the SEC is FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN, MI, 48126. Bill Ford was born on May 03, 1957 in Detroit, Michigan, United States, United States, is American businessman. Bill Jr. and his mother Martha Firestone Ford still own the NFL Detroit Lions. 2023 Forbes Media LLC. The most active insiders traders include Retiree Medical Benefits Tr, William Clay Jr Ford, and Richard A Manoogian. Doug Ford's income source is mostly from being a successful Businessperson. "We're on this electrification journey, but it's more than that. Alexandra Ford English, daughter of Bill Ford, was elected to the board at age 33 with Henry Ford III. He served as Chief Executive Officer of the Company from October 2001 until September 2006 when he became Executive Chairman. He shared his father Edsel's flair for design, overseeing the design direction for some of 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). Harvey S. Firestone Jr. grandfather. William E. Ford serves as Independent Director of the Company. Bill Ford received $16 million in total compensation from Ford in 2020, which came in a mix of benefits, cash and equity awards. However, the wealth left behind has since diminished somewhat, with Ford's market cap now standing at $43.5 billion. As of March 2023, William Barr has an estimated net worth of $40 million. William Clay has a combined net worth of $4 billion. Copyright 2023 General Atlantic Service Company, L.P. All Rights Reserved. . He owns hundreds of acres of land and earns a handsome salary from his own company. As of 24 March 2022 he still owns at least 4,221,936 units of Ford Motor Co stock. Ford joined the board in 1988 and has served as chairman since January 1999. Global Private Capital Association (GPCA), Board Member, Digital Initiatives Committee Chair. Beatriz Monroy was born March 30, 1955. William Ford is 63, he's been the Executive Chairman of the Board of Ford Motor Co since 2006. 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. Mr. Ford has formerly served on the boards of First Republic Bank, NYSE Euronext, E*Trade, Priceline, NYMEX Holdings, and Computershare. Ford's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. In addition, he makes $16,757,200 as Executive Chairman of the Board at . Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. Peak net worth . 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. Similarly, he is a wealthy car racing driver. AA. The largest trade he's ever made was selling 3,527,854 units of Ford Motor Co stock on 5 August 2010 worth over $45,685,709. As of 14 April 2022 he still owns at least 14,915 units of Blackrock stock. Net Worth in 2022: $1 Million - $5 Million . 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 . 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 is the Chief Executive Officer of General Atlantic, a position he has held since 2007. The site may also use cookies from third parties. The company returned to profitability in 2010. Bill Ford was elected a company vice president and head of the company's Commercial Truck Vehicle Center in 1994. 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. Bill Ford's net worth or net income is estimated to be $1 million - $3 million dollars. And that resulted in Ford reporting a $3.1 billion net loss. It's connecting to the customer, it's all the services that will be developed around electrification.". The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. Bill Goldberg Net Worth: How much has he earned to date? William Clay Ford, Jr. was born on May 3, 1957 in Detroit, Michigan, United States. 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 dual-class stock structure, which has been in place since the company went public in 1956, has faced numerous shareholder challenges. Bill Clinton received $15 . He launched the company in 1972, one of the first to offer loan programs to help dealers sell cars to. William Clay Ford Jr. serves as Executive Chairman of the Board of the Company. 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. Eleanor Ford and Joseph Cobb, grade-school classmates and the . 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. Bill joined General Atlantic in 1991 and became CEO in 2007. He is the Executive Chairman of. Heres How To Trade The Stock Now, Zero Reteams With Huge Design To Create Sci-Fi SR-X Custom Electric Motorcycle, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information.