Currently, he serves as the executive chairman of Ford Motor Company. As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide. The FTX founder would also be prohibited from using his parents devices. 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 Ford's stock closed Thursday at $25.02. Vehicles using these fueling alternatives are currently in test fleets, for Example as taxis and shuttle buses, and some are or will soon be available for sale to the public. 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. 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Bill Elliott is a millionaire. As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. Currently, he serves as the executive chairman of Ford Motor Company. Ford's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. I am a lifelong car enthusiast and a passionate environmentalist who is interested in issues surrounding mobility and sustainability. 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. Bill Ford has a n estimated net worth of $1 billion as of 2022. He served several years as a mid-ranking executive in product development. Edsel Ford II cousin How Much Is William Clay Ford Jr Worth? 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. Alexandra Ford English, daughter of Bill Ford, was elected to the board at age 33 with Henry Ford III. 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. The stock closed Thursday at $25.02 a share, with the company's market value at $99.99 billion. 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). At that time, Bill was the highest-paid wrestler, earning $2.5 million a year. 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. CNBC's Robert Frank contributed to this report. The company is planning to invest as much as $20 billion in EV development over the next 10 years, and in March 2022 it announced that it would split into two units: Ford Model e, for EV. From a young age, he showed proficiency as a craftsman. Ford said he can't remember, if ever, selling Ford shares in the open market. 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. Ford has been a vegetarian since 1990, and adopted a vegan diet in 2010. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. Vehicles using these fueling alternatives are currently in test fleets, for Example as taxis and shuttle buses, and some are or will soon be available for sale to the public. That $1.6 billion profit, excluding special items, was a bit better . [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. William Clay Ford, Jr. was born onMay 3, 1957 inDetroit,Michigan, United States. Currently based in Michigan, Ford is married toLisa Vanderzee with whom he has four children. "I'm in this for the long haul. 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. He has an estimated net worth of $7 million as of 2022. Ford Motor net worth as of March 02, 2023 is $49.11B. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. Liverpool legend Roberto Firmino has offered himself to FC Barcelona through his agent, according to a report. He is the executive chairman of Ford Motor Company. He has investments all over the financial sector and is thus, living in luxuries. He serves as Chairman of the firm's . The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. 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. There are no executives at Ford Motor Co getting paid more. All Rights Reserved. Under his direction, the firm's assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020. The site may also use cookies from third parties. More importantly, he directly owns 16.1 million, or 23%, of the Class B shares. He is also a member of the Steering Committee for the CEO Action for Diversity and Inclusion initiative. 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. 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. He is known to be the great-grandson of Harvey Firestone and Henry Ford. William Clay Ford, Jr. was born on May 3, 1957 in Detroit, Michigan, United States. And, shedding further light on a claim by Ford's widow . [6][failed verification], Ford serves as Chair of Rockefeller University and serves on the board of trustees of the Memorial Sloan Kettering Cancer Center. William Ford Net Worth. Got a confidential news tip? 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. He has a whopping amount of net worth. His son, Bill Ford Jr., is now executive chairman of Ford Motor. Under Farley's Ford+ plan, the company is pivoting hard to EVs, including the Mustang Mach E and all-electric Ford F-150, as well as connected services to generate recurring revenue. Train of Dreams 1987 as Tony's Gang. Martha Firestone Ford, Henry Ford great-grandfather The company expects an 8% adjusted profit margin before interest and taxes in 2023 earlier thanmany analysts expected. Henry Ford's last surviving grandson died March 9, 2014 at age 88. His estimated net worth in the year 2013 was around US$1.4 billion. Ford directly owns about 20.3 million shares, including restricted, common and Class B stock. The boy was educated at Hotchkiss School, and then William graduated from Princeton University in 1979. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. =), Copyright 2023 CelebrityNetWorth123.com | Contact Us | Privacy Policy. Ford believes his stock ownership supports his defense of the family's shares and voting power. He is the executive chairman of Ford Motor Company. AA. [23], Ford has been interviewed by several publications such as Bloomberg, the Financial Times, Fortune Magazine, American Banker, The Economic Times, British American Business, Forbes, Expansion, Private Equity International, the Silicon Valley Business Journal, and LEADERS Magazine. Under his direction the firm's assets under management have increased from roughly $12 billion in 2007 to $35 billion as of August, 2019. Mr. Ford is actively involved with a number of educational and not-for-profit organizations and also serves on the Executive Committee of the Partnership for New York City, the Board of Directors of the National Committee on United States-China Relations and is a member of The Council on Foreign Relations. With the retirement of Ford President and Chief Operating Officer Jim Padilla in April 2006, Bill Ford assumed those roles as well. Copyright 2023 General Atlantic Service Company, L.P. All Rights Reserved. In addition, he makes $364,289 as Independent Director at Blackrock. Ford Motor Company is a global company based in Dearborn, Michigan. 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. 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. Date of Birth: Mar 14, 1925 - Mar 9, 2014 (88 years old) Place of Birth: [6][failed verification] He also serves as Co-Chair of the Partnership for New York City and on the board of directors of the National Committee on United States-China Relations, Emerging Markets Private Equity Association (EMPEA), Endeavor, the McKinsey Advisory Council, and the New York State Life Science Advisory Board. Some have criticized the dual-share system for unfairly allowing the family to retain control of the automaker. An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 The dual-class stock structure, which has been in place since the company went public in 1956, has faced numerous shareholder challenges. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. In another case, Ford might be a stranger, fortunately for you, we have compiled all you need to know about Ford's wiki, today's net worth as of 2023, inception, evolution, achievements, and more facts. William Ford is 58, he's been the Independent Director of Blackrock since 2018. 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. Learn More. 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. 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 Ford family's voting power diminishes once their Class B shares fall below about 60.8 million. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. Doug Ford's income source is mostly from being a successful Businessperson. The company returned to profitability in 2010. He is from . Peak net worth . The largest trade he's ever made was selling 7,001,911 units of Blackrock stock on 19 July 2016 worth over $249,898,204. William E. Ford serves as Independent Director of the Company. In 2006, Forbes magazine ranked him 264th in the list of Forbes' list of top-earning CEOs with $15.4 million 5-year pay and $80.7 million dollars worth share owned. Bill Ford has been a vocal advocate for improvements to be made in all modes of global transportation. Similarly, he is a wealthy car racing driver. 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. He also briefly headed the Climate Control Division (since divested from the company as part of the Visteon spinoff). Last updated: 19 January 2023 at 7:39pm EST. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. Bill Ford net worth is $13 Million Bill Ford Wiki: Salary, Married, Wedding, Spouse, Family . [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. Edsel Ford grandfather Ford earned $10 million annually and was the 264th highest-paid CEO according to Forbes at the time of his resignation. 1975 On average, Blackrock executives and independent directors trade stock every 18 days with the average trade being worth of $5,297,729. 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. Bill Ford directly owns 16.1 million, or 23%, of the Class B shares, which are only available to family members. 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. [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. He is the company's biggest individual shareholder with 2.3 million. On average, William trades about 76,197 units every 29 days since 2003. In addition, Bill founded Agora Financial and was a co-founder of Bonner and Partners publishing. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. Sign up for free newsletters and get more CNBC delivered to your inbox. His son, Bill Ford Jr., is now executive chairman of Ford Motor. The vehicles are more sleek. William has an estimated net worth of $1 Billion. 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. The estimated Net Worth of William E Ford is at least $2.07 Billion dollars as of 14 April 2022. MIT Sloan School of Management (S.M., 1984), William Clay Ford Sr. As of March 2023, William Barr has an estimated net worth of $40 million. He was proud of the family's role in building and sustaining the company through many crises. 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. There are 13 older and 18 younger executives at Blackrock. 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. He was made chairman of the firm in 2021. In addition to his duties as chair, he served as chief executive officer of the company from October 2001 to September 2006 . As Executive Chair of Ford Motor Company, my goal is to . In 1984 he received an M.S. Bill Goldberg Net Worth: How much has he earned to date? American businessmanWilliam Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. Approx. Tsinghua Universitys School of Economics and Management, Our Investment Approach and Global Opportunity Set. Bill Elliott Facts & Wiki Where does Bill Elliott live? [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. 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. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. As of 24 March 2022 he still owns at least 4,221,936 units of Ford Motor Co stock. He also briefly headed the Climate Control Division (since divested from the company as part of the Visteon spinoff). William was Henry Ford's last surviving grandchild. Ford joined the board in 1988 and has served as chairman since January 1999. "I think it's really important that the family legacy continue. 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. In 2014, William Clay Ford, Henry's last remaining grandson, passed away, leaving Martha Firestone Ford as the family matriarch. By collecting data from the most accurate and reputable resources, we've compiled a collection of the richest celebrities and their net worths. In addition, he makes $364,289 as Independent Director at Blackrock. Tom Ford. 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 . William Ford is 63, he's been the Executive Chairman of the Board of Ford Motor Co since 2006. Ford had no inheritance and he spent virtually his entire adult life in public service. 2020 marked the first year since 2001 that Ford's stock has topped $20 a share. 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. It seems that he is successful in collecting a good sum of money from his professional career. 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. Well, if your all set, here is what I know. 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 He shared his father Edsel's flair for design, overseeing the design direction for some of Ford. Ford's now worth more than crosstown rival General Motors, which is valued at about $90 billion. 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. Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. Ford added the title of Chief Executive Officer on October 30, 2001, following the ouster of then-CEO Jacques Nasser. William E. Ford (born June 18, 1961) is an American businessman. About William Ford, Sr. Henry Ford's last surviving grandson died March 9, 2014 at age 88. [6][failed verification], Ford received his M.B.A. from the Stanford Graduate School of Business in 1987 and his B.A. He also serves on the board of BlackRock. 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. American businessman William Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. He serves as Chairman of the firms Management Committee and is a member of the Investment, Portfolio, and Operating Committees. Bill Ford received $16 million in total compensation from Ford in 2020, which came in a mix of benefits, cash and equity awards. At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations. [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. Under his direction, the firms assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020. Harvey S. Firestone great-grandfather in management as a Sloan Fellow from the MIT Sloan School of Management. Henry had the company; Bill had the Detroit Lions; and Benson headed Lincoln-Mercury from 1948 to 1955. The holdings, which may exclude some trusts, were worth more than $500 million as of Thursday's closing price. Will the same happen with the latest collaboration, the SR/S-based SR-X? The oldest executive at Ford Motor Co. is EdselFord, 71, who is the Director. 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). Goldberg has a net worth of $16 million and features an expensive contract with WWE. Mr. Ford has formerly served on the boards of First Republic Bank, NYSE Euronext, E*Trade, Priceline, NYMEX Holdings, and Computershare. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. 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. As the Independent Director of Blackrock, the total compensation of William Ford at Blackrock is $364,289. 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. 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. Share. 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. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. His salary is around $410,000. He also is a member of the board of Business Leaders for Michigan. 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. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. His estimated net worth was $230 billion. He served as Chief Executive Officer of the Company from October 2001 until September 2006 when he became Executive Chairman. Bill Clinton received $15 . William Clay Ford, Jr. is an American businessman who has a net worth of $1 billion dollars.
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