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 Mustangs are louder. Ford has been a vegetarian since 1990, and adopted a vegan diet in 2010. Edit View history William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chairman of Ford Motor Company. Princeton University (B.A., 1979) He made his 5 million dollar fortune with NASCAR, Phoenix Racing, Turner Motorsports. Ford's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. In 1984 he received an M.S. 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. 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. News on all your favorite celebs, reality TV, and movies. Social Media: Twitter. [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. 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. The trucks. The estimated Net Worth of William Clay Jr Ford is at least $123 Million dollars as of 24 March 2022. An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 As the Independent Director of Blackrock, the total compensation of William Ford at Blackrock is $364,289. 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. Get this delivered to your inbox, and more info about our products and services. The dual-class stock structure, which has been in place since the company went public in 1956, has faced numerous shareholder challenges. He has made such an amount of wealth from his primary career as a Baseball Player. William Clay Ford, Jr. was born on May 3, 1957 in Detroit, Michigan, United States. 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. In addition, he makes $16,757,200 as Executive Chairman of the Board at . 1975 The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. About. 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. 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. 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. New York State Life Science Advisory Board. ", 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. Ford said he can't remember, if ever, selling Ford shares in the open market. Liverpool legend Roberto Firmino has offered himself to FC Barcelona through his agent, according to a report. Ford Motor net worth as of March 02, 2023 is $49.11B. Ford has expanded its lineup of flexible-fuel vehicles, alternative fuel vehicles, and dual-fuel vehicles. As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. William Ford Jr. heads the board of directors at Ford. Later he was chairman of the Dealer Policy Board . Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. Margaret Qualley is an American actress and dancer who has a net worth of $3 million. William E. Ford serves as Independent Director of the Company. 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. . As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide. Mr. Ford has held a number of management positions within Ford, including Vice President Commercial Truck Vehicle Center. It would have had a $1.6 billion profit without special charges. Caption: Bill Elliott posing for a photo with his car (Photo: Mopar Insiders) Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. 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. His cousin, Edsel Ford II, is worth $500 million dollars. Therefore, the above worth, income or earnings statistics may not be 100% accurate. Ford continues as the company's Executive Chairman. 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. In addition to his duties as chair, he served as chief executive officer of the company from October 2001 to September 2006 . He serves as Chairman of the firms Management Committee and is a member of the Investment, Portfolio, and Operating Committees. Martha Firestone Ford, Henry Ford great-grandfather William Clay has a combined net worth of $4 billion. 2023 CNBC LLC. 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. 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. 2023 Forbes Media LLC. Lew Rock, a news and opinion site, has had contributions from Bill Bonner. 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. As Executive Chair of Ford Motor Company, my goal is to . Gavin In 2023, Gavin McInness net worth was estimated to be. Under his direction the firm's assets under management have increased from roughly $12 billion in 2007 to $35 billion as of August, 2019. 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 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. Net Worth. He was proud of the family's role in building and sustaining the company through many crises. Net Worth 2020 Undisclosed Find out more about Bill Ford net worth here. Malavika Sangghvi / TNN / Mar 6, 2005, 11:32 IST. Henry Ford was an American manufacturer and commercial tycoon who lived from July 30, 1863, to April 7, 1947. 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. Bill attended boarding school from 9th to 12th grade. Bill joined General Atlantic in 1991 and became CEO in 2007. Mini Biography. Copyright 2023 General Atlantic Service Company, L.P. All Rights Reserved. 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 . 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. Under his direction, the firms assets under management have increased from roughly $12 billion in 2007 to $34 billion as of March 2020. Bill Ford has been a vocal advocate for improvements to be made in all modes of global transportation. Fans, please take into consideration that we didn't break into William Clay Ford Jrs bank accounts. The estimated Net Worth of William E Ford is at least $2.07 Billion dollars as of 14 April 2022. Talking about his firm, its annual revenues are in millions and billions. Mr. Ford, Jr. owns 1,100,617 shares of Ford Motor stock worth more than $15,177,508 as of February 1st. One of the most well-known names in American business is perhaps Henry Ford, who revolutionized transportation and created contentious workplaces. William Clay Ford Jr. Net Worth $1.2 Billion Dollars . 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. Market competition, health care and raw material costs, led Ford to announce a second restructuring for its North American operations in four years. [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. As of January 2023, Henry Ford would have had an estimated net worth of $200 billion (adjusted for inflation). The Ford family's voting power diminishes once their Class B shares fall below about 60.8 million. Bill Elliott On 8-10-1955 Bill Elliott (nickname: Bill) was born in Dawsonville, Georgia, United States. In addition, he makes $364,289 as Independent Director at Blackrock. 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. Bill Ford's net worth or net income is estimated to be $1 million - $3 million dollars. 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. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. The 64-year-old is the company's biggest individual shareholder with 2.3 million shares of Ford's common stock. The least known of Edsel Ford's sons. Upon his death, the Henry Ford net worth stood at what would equate to approximately $199 billion nowadays. William Clay Ford Jr. serves as Executive Chairman of the Board of the Company. Doug Ford's income source is mostly from being a successful Businessperson. 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. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. The stock closed Thursday at $25.02 a share, with the company's market value at $99.99 billion. 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. A Division of NBCUniversal. Bill Elliott is a millionaire. 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. William Clay Ford, Jr. was born onMay 3, 1957 inDetroit,Michigan, United States. Ford earned $10 million annually and was the 264th highest-paid CEO according to Forbes at the time of his resignation. [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. [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). "We're on this electrification journey, but it's more than that. 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. Approx. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. [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. Correction: Henry Ford was Bill Ford's great-grandfather. Some of the richest family members are William Clay Ford Jr. & Edsel Ford II, great-grandsons of Henry Ford. He played on the Princeton rugby team as well. 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. Wiki Bio of Bill Ford net worth is updated in 2023. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. Legal Disclaimer I Sitemap I Website Privacy Notice I Applicant Tracking Privacy Notice I Form CRS. Beatriz Monroy was born March 30, 1955. Bill Ford has a n estimated net worth of $1 billion as of 2022. In September 2006, he stepped down as the company's CEO and president but he retained his post as the executive Chairman. You can see the complete history of Mr. Ford stock trades at the bottom of the page. As premier, through Bill 4, "Cap and Trade Cancellation Act, 2018" which was tabled on July 25, 2018, Ford repealed Bill 172 as . 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. In this article, we show you how Ford became one of the richest men in history. Bill Sr. owned the Detroit Lions f Henry Ford's last surviving grandson died March 9, 2014 at age 88. John Ford. Alfred Ford is Building a Multi-Million Dollar Monument in India Henry Ford's great-grandson was heading for ruin and then had a better idea: spiritual enlightenment. His son, Bill Ford Jr., is now executive chairman of Ford Motor. The most active insiders traders include William E Ford, Fabrizio Freda, and Murry Gerber. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. Ford continues as the company's Executive Chairman. The headline on an earlier version misstated the relationship. Bachelor of Arts / Science, Yale University. The great-grandson of company founder Henry Ford, Ford joined the board in 1988 and has served as chairman since January 1999. All Rights Reserved. Bill Ford is a Business, zodiac sign: Gemini. The William Clay Ford Jr net worth and salary figures above have been reported from a number of credible sources and websites. Category: Richest Business. We have estimated Doug Ford's net worth , money, salary, income, and assets. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. He is known to be the great-grandson of Harvey Firestone and Henry Ford. "I'm in this for the long haul. William Ford is 63, he's been the Executive Chairman of the Board of Ford Motor Co since 2006. Market competition, health care and raw material costs, led Ford to announce a second restructuring for its North American operations in four years. Most recently he bought 3,000 units of BLK stock worth $2,063,880 on 14 April 2022. Henry had the company; Bill had the Detroit Lions; and Benson headed Lincoln-Mercury from 1948 to 1955. 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. There are 13 older and 18 younger executives at Blackrock. Net Worth: $2.2 Billion. How Much Is William Clay Ford Jr Worth? His father William Clay Ford Sr. has a net worth of $1.2 million. Henry Ford II uncle He currently resides in Detroit, Michigan, USA. 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. 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 CEO Action for Diversity and Inclusion. Also read the age, career, net worth, and body measurements of Danny Daggenhurst, Alejandra Silva, Roman Abramovich The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. 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. He is also a member of the Steering Committee for the CEO Action for Diversity and Inclusion initiative. 2020 marked the first year since 2001 that Ford's stock has topped $20 a share. He also serves on the board of BlackRock. Nationality: United States. [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 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? A Match Made In Midtown: Bill Ford's Daughter Marries Carmen Harlan's Son Tweet. The estimated Net Worth of William Clay Jr Ford is at least $118 Million dollars as of 24 March 2022. Author. The holdings, which may exclude some trusts, were worth more than $500 million as of Thursday's closing price. William E. Ford. Entrepreneur. 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. Known for movies. 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 served as Chief Executive Officer of the Company from October 2001 until September 2006 when he became Executive Chairman. He has a whopping amount of net worth. Net Worth in 2022: $950 million. That $1.6 billion profit, excluding special items, was a bit better . Doug Ford's net worth is estimated at $50 million as of 2023. 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. 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. Morants agent denied previous allegations he hit and flashed his gun at a teenager suggesting they were made to tarnish his reputation. Bill Ford studied at Massachusetts Institute Of Technology (MIT),Princeton University, MIT Sloan School of Management (1984), Princeton University (1979 . He was also a lawyer from America. Alfred Ford: The billionaire bhakt. In 2023, William Clay Ford Jr's net worth was estimated to be $1 Billion. "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. [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. William has an estimated net worth of $1 Billion. Fontinalis Partners co-founder William Clay "Bill" Ford is an American businessman. Bill Clinton received $15 . 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. She is the first female member of the Ford family to serve on the board. 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 Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. And, yes, we've come a long way, baby! He has an estimated net worth of $2 billion dollars. As of March 2023, William Barr has an estimated net worth of $40 million. Ford acquired 412,500 additional Class B shares last month that are being held in a family trust. He was proud of the family's role in building and sustaining the company through many crises. Ford joined the board in 1988 and has served as chairman since January 1999. Bill surely has the brains, as he received an Ivy League education and degree in history from Princeton University in 1979. Goldberg has a net worth of $16 million and features an expensive contract with WWE. 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. Similarly, he is a wealthy car racing driver. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. Eleanor Ford and Joseph Cobb, grade-school classmates and the . His movie roles include The Irishman, The Big Sick, and recurring voice acting duties for the Ice Age animated movie franchise.