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William has made over 33 trades of the Ford Motor Co stock since 2004, according to the Form 4 filled with the SEC. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. His cousin, Edsel Ford II, is worth $500 million dollars. Bill Ford's net worth or net income is estimated to be $1 million - $3 million dollars. As of 2022, William Clay Ford Jr.'s net worth is $100,000 - $1M. "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. Net Worth Net Worth 2020 Undisclosed Salary 2020 Not known Biography Timeline 1975 On average, Blackrock executives and independent directors trade stock every 18 days with the average trade being worth of $5,297,729. Wiki Bio of Bill Ford net worth is updated in 2023. 1975 The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. DETAILS BELOW. 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 left that position in order to become chair of the Board of Directors' Finance Committee in 1995. 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. Ford has expanded its lineup of flexible-fuel vehicles, alternative fuel vehicles, and dual-fuel vehicles. [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). He also briefly headed the Climate Control Division (since divested from the company as part of the Visteon spinoff). William has made over 24 trades of the Blackrock stock since 2016, according to the Form 4 filled with the SEC. He is known to be the great-grandson of Harvey Firestone and Henry Ford. We want to hear from you. About William Ford, Sr. Henry Ford's last surviving grandson died March 9, 2014 at age 88. He was made chairman of the firm in 2021. More importantly, he directly owns 16.1 million, or 23%, of the Class B shares. Ford Family has made a great name for themselves in the automotive industry, and they continue to prosper with time. The stock closed Thursday at $25.02 a share, with the company's market value at $99.99 billion. The Mustangs are louder. Several years ago, Zero teamed with Huge Design and came up a concept bike so popular, it went into production largely unchanged. [8][failed verification][9][failed verification][10][failed verification][11][failed verification], He serves on the board of General Atlantic portfolio companies ByteDance and Royalty Pharma, in addition to IHS Markit, a former portfolio company and global provider of independent financial data, tools, and infrastructure. As of January 2023, Henry Ford would have had an estimated net worth of $200 billion (adjusted for inflation). Ford has been the Chief Executive Officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. All Rights Reserved. [18][failed verification][19][failed verification], Ford also serves on the advisory board of Tsinghua University's School of Economics and Management. Margaret Qualley was born in Kalispell, In 2023, Margaret Qualleys net worth was estimated to be, Tcheky Karyo Net Worth: Tcheky Karyo is a Turkish-born French actor and musician who has a net worth of $4 million. [1] He lives in New York City. Ford believes his stock ownership supports his defense of the family's shares and voting power. Bill Ford received $16 million in total compensation from Ford in 2020, which came in a mix of benefits, cash and equity awards. Sign up for free newsletters and get more CNBC delivered to your inbox. There are 71 million Class B shares worth about $1.8 billion held by descendants of company founder Henry Ford. 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. He is the company's biggest individual shareholder with 2.3 million. $1 million - $3 million. American chief executives in the automobile industry, Hotchkiss School (1975) 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. Some of the richest family members are William Clay Ford Jr. & Edsel Ford II, great-grandsons of Henry Ford. 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. Bill Ford has driven an electric Ford Ranger EV, and now a Hybrid Electrical Escape. One of the most well-known names in American business is perhaps Henry Ford, who revolutionized transportation and created contentious workplaces. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Bill Jr. and his mother Martha Firestone Ford still own the NFL Detroit L 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. Henry had the company; Bill had the Detroit Lions; and Benson headed Lincoln-Mercury from 1948 to 1955. Bill Elliott is a millionaire. 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. That doesn't include exercising options, transferring shares to trusts or converting common shares to Class B stock. Ford left the company to his family and 40% of Ford Motor Company still remains in the control of his great grandchildren. 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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 He is also a member of the Steering Committee for the CEO Action for Diversity and Inclusion initiative. Known for movies. 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. He is the executive chairman of Ford Motor 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Bill Jr. and his mother Martha Firestone Ford still own the NFL Detroit Lions. Ford had no inheritance and he spent virtually his entire adult life in public service. 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. Some have criticized the dual-share system for unfairly allowing the family to retain control of the automaker. 2020 marked the first year since 2001 that Ford's stock has topped $20 a share. Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. Category: Richest Business. 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. He has an estimated net worth of $7 million as of 2022. 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. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. The William Clay Ford Jr net worth and salary figures above have been reported from a number of credible sources and websites. 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). "The Mach-E and the Lightning, both their order banks just overwhelmed us," Ford said. Mr. Ford has held a number of management positions within Ford, including Vice President Commercial Truck Vehicle Center. "I'm in this for the long haul. From a young age, he showed proficiency as a craftsman. With the retirement of Ford President and Chief Operating Officer Jim Padilla in April 2006, Bill Ford assumed those roles as well. As premier, through Bill 4, "Cap and Trade Cancellation Act, 2018" which was tabled on July 25, 2018, Ford repealed Bill 172 as . Bill Bonner is one of the richest people on the earth with around $950 million net worth. Goldberg has a net worth of $16 million and features an expensive contract with WWE. In addition, Bill founded Agora Financial and was a co-founder of Bonner and Partners publishing. CNBC's Robert Frank contributed to this report. 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. This is my life and I love the company," he said. William Clay Ford Jr. (born May 3, 1957) is famous for being entrepreneur. An earlier version misstated the day. Harvey S. Firestone great-grandfather Under his direction the firm's assets under management have increased from roughly $12 billion in 2007 to $35 billion as of August, 2019. Bill Ford was born on May 3, 1957 in Detroit, Michigan, United States, United States (63 years old). Bill attended boarding school from 9th to 12th grade. Princeton University (B.A., 1979) Upon his death, the Henry Ford net worth stood at what would equate to approximately $199 billion nowadays. "I think it's really important that the family legacy continue. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. Peter Beckett was born in Aigburth, In 2023, Peter Becketts net worth was estimated to be, Guillermo del Toro is a Mexican director and producer who has a net worth of $30 million. That ouster reflected significant differences in corporate valuesNasser focused on maximizing corporate profits and shareholder value, while Ford was noted for valuing people and tradition. Data is a real-time snapshot *Data is delayed at least 15 minutes. The estimated net worth of Willaim Clay Ford, Jr. is at least $15.18 million as of August 1st, 2019. Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Saturday, March 4. He shared his father Edsel's flair for design, overseeing the design direction for some of Ford. Share. William Clay Ford Sr. 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. Currently based in Michigan, Ford is married toLisa Vanderzee with whom he has four children. He earned a degree As of 24 March 2022 he still owns at least 4,221,936 units of Ford Motor Co stock. He is better known for his pure loving, kind heart personality. 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. As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide. Approx. Henry Ford's last surviving grandson died March 9, 2014 at age 88. BlackRocks purpose is to help more and more people experience financial well-being. Elton John Splurges On Luxury Toronto Apartment, Confidential Assignment 2 Film Reaches Over $35 Million On Second Weekend At Korean Box Office, Roberto Clemente's 1995 Topps Rookie Card Reached $1 Million Bid At Auction, Olivia Cooke As The Newest Face Of Savage X Fenty Lingerie October Campaign, A Peek Inside Jennifer Aniston's Stunning $15 Million Montecito Farmhouse, Chris DElia Hit With Temporarily Restraining Order By The Woman He Adamantly Denies He Ever Met. He is from . On average, William trades about 524,319 units every 22 days since 2016. 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. Therefore, the above worth, income or earnings statistics may not be 100% accurate. Edsel Ford II cousin In 1971,William Clay Ford Jr officially joined Ford. American businessman William Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. [6][failed verification], Ford received his M.B.A. from the Stanford Graduate School of Business in 1987 and his B.A. "It gives us a face and maybe a humanity that a lot of other companies don't have.". Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. He is the executive chairman of Ford Motor Company. Find out Bill Fordnet worth 2020, salary 2020 detail bellow. 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. As of March 2023, William Barr has an estimated net worth of $40 million. He is the company's biggest individual shareholder with 2.3 million shares of the Ford's common stock. The company expects an 8% adjusted profit margin before interest and taxes in 2023 earlier thanmany analysts expected. The boy was educated at Hotchkiss School, and then William graduated from Princeton University in 1979. 'Frontlines' is a 'Call Of Duty' clone made in Roblox. Sources say. There are 13 older and 18 younger executives at Blackrock. The site may also use cookies from third parties. William Ford is 58, he's been the Independent Director of Blackrock since 2018. He transformed what was once a flaccid enterprise into a multi-million dollar company. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. 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. Also read the age, career, net worth, and body measurements of Danny Daggenhurst, Alejandra Silva, Roman Abramovich 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 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. An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 Ford's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. There are no executives at Ford Motor Co getting paid more. Train of Dreams 1987 as Tony's Gang. Before Fame. Henry Ford II uncle Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. 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. Liverpool legend Roberto Firmino has offered himself to FC Barcelona through his agent, according to a report. 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. 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 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. Peak net worth . He cemented the family dynasty by insisting they retain super-voting rights when Ford went public in 1956. He also serves as 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. How Much Is William Clay Ford Jr Worth? 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. Ford policy provides for ongoing performance feedback to an employee that includes: A bi-annualreview of the employee's specific responsibilities,objectives and accomplishments. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. And, yes, we've come a long way, baby! Global Private Capital Association (GPCA), Board Member, Digital Initiatives Committee Chair. [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. It gives us a face and maybe a humanity that a lot of other companies don't have. Henry Ford was an American manufacturer and commercial tycoon who lived from July 30, 1863, to April 7, 1947. ", "I think it's really important that the family legacy continue," he said. In addition, he makes $16,757,200 as Executive Chairman of the Board at . Bill Elliott On 8-10-1955 Bill Elliott (nickname: Bill) was born in Dawsonville, Georgia, United States. Now, 40 years later,. He serves as Chairman of the firm's . Blackrock executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. 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. While the Class B shares account for 2% of Ford's outstanding stock, they control 40% of the voting power. His estimated net worth in the year 2013 was around US$1.4 billion. [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. Additionally, in 2002, Goldberg had an expensive contract with AOL Time Warner, the parent Company of WCW. 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. Bill Ford has a n estimated net worth of $1 billion as of 2022. 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 made his 5 million dollar fortune with NASCAR, Phoenix Racing, Turner Motorsports. Bill Ford was born on May 3, 1957 in Detroit, Michigan, United States, United States (65 years old). 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. 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. Malavika Sangghvi / TNN / Mar 6, 2005, 11:32 IST. 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. 2023 Forbes Media LLC. He served several years as a mid-ranking executive in product development. Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. Last updated: 19 January 2023 at 7:39pm EST. What is William Clay Ford Jr.'s net worth? Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. Bill Clinton received $15 . He had tied the holy knot with his lady named Martha Firestone Ford. Search; . 2023 Forbes Media LLC. Net Worth in 2022: $1 Million - $5 Million . [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. William Barr was the government official serving as the 85th United States Attorney General. In this article, we show you how Ford became one of the richest men in history. July 14, 2013, 12:12 AM by Bill McGraw. A fresh take on sports: the biggest news and most entertaining lists. American businessmanWilliam Clay Ford Jr. has an estimated net worth of $1 billion as of March 2013 according to Forbes. New York State Life Science Advisory Board. He currently resides in Detroit, Michigan, USA. William Clay Ford Jr. serves as Executive Chairman of the Board of the Company. Ford continues as the company's Executive Chairman. 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. Bill Goldberg Net Worth: How much has he earned to date? A Match Made In Midtown: Bill Ford's Daughter Marries Carmen Harlan's Son Tweet. In addition, he makes $364,289 as Independent Director at Blackrock. He served as Chief Executive Officer of the Company from October 2001 until September 2006 when he became Executive Chairman. Net Worth in 2022: $950 million. His father William Clay Ford Sr. has a net worth of $1.2 million. Ford Motor Co executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Bill Ford is a Business, zodiac sign: Gemini. Entrepreneur. in management as a Sloan Fellow from the MIT Sloan School of Management. Ford employs approximately 187,000 people worldwide. He started his career in product development and held a variety of positions on his way up to reach where he is now. 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. Tsinghua Universitys School of Economics and Management, Our Investment Approach and Global Opportunity Set. Gavin In 2023, Gavin McInness net worth was estimated to be. He has earned this net worth by contributing his whole life in the name of his country. She joined Ford in . William Clay Ford, Jr. was born onMay 3, 1957 inDetroit,Michigan, United States. 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. William Clay Ford, Jr. was born on May 3, 1957 in Detroit, Michigan, United States. All Rights Reserved. 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. Author. Margaret Qualley is an American actress and dancer who has a net worth of $3 million. His son, Bill Ford Jr., is now executive chairman of Ford Motor. Table of Contents Inception Ford The founder of this company is Henry Ford. The dual-class stock structure, which has been in place since the company went public in 1956, has faced numerous shareholder challenges. 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. Center for Strategic & International Studies (CSIS). Correction: Henry Ford was Bill Ford's great-grandfather. It seems that he is successful in collecting a good sum of money from his professional career. That $1.6 billion profit, excluding special items, was a bit better . 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. The estimated Net Worth of William Clay Jr Ford is at least $123 Million dollars as of 24 March 2022. Most recently he bought 3,000 units of BLK stock worth $2,063,880 on 14 April 2022. 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.