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Now, 40 years later,. Ford earned $10 million annually and was the 264th highest-paid CEO according to Forbes at the time of his resignation. in Economics from Amherst College in 1983. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. Caption: Bill Elliott posing for a photo with his car (Photo: Mopar Insiders) Gavin In 2023, Gavin McInness net worth was estimated to be. Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. 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. 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. He was made chairman of the firm in 2021. 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. He has earned this net worth by contributing his whole life in the name of his country. Bill Ford directly owns 16.1 million, or 23%, of the Class B shares, which are only available to family members. Henry Ford's last surviving grandson died March 9, 2014 at age 88. Bill Ford Net Worth is $250,000. The estimated net worth of Willaim Clay Ford, Jr. is at least $15.18 million as of August 1st, 2019. 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. His salary is around $410,000. 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. He was proud of the family's role in building and sustaining the company through many crises. 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. However, in 2021, Doug Ford's approval rating dropped about 8% which was one of the highest in his political career. Get this delivered to your inbox, and more info about our products and services. American chief executives in the automobile industry, Hotchkiss School (1975) Bill Ford received $16 million in total compensation from Ford in 2020, which came in a mix of benefits, cash and equity awards. [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. 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. [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. All Rights Reserved. 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. Ford policy provides for ongoing performance feedback to an employee that includes: A bi-annualreview of the employee's specific responsibilities,objectives and accomplishments. Net Worth in 2022: $1 Million - $5 Million . "I think it's really important that the family legacy continue. Approx. He shared his father Edsel's flair for design, overseeing the design direction for some of Ford. He has a whopping amount of net worth. As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. 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. 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. In addition, Bill founded Agora Financial and was a co-founder of Bonner and Partners publishing. Bill Bonner is one of the richest people on the earth with around $950 million net worth. He has an estimated net worth of $7 million as of 2022. Info. Correction: Henry Ford was Bill Ford's great-grandfather. He is known to be the great-grandson of Harvey Firestone and 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. 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. 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. Train of Dreams 1987 as Tony's Gang. CNBC's Robert Frank contributed to this report. Shares of the automaker have surged by about 270% since then, sending its market value above $100 billion on Thursday for the first time ever. Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. William Clay Ford, Jr. was born onMay 3, 1957 inDetroit,Michigan, United States. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. He was elected Chairman of the Board in September 1998, and took office on January 1, 1999. Bill Ford is a Business, zodiac sign: Gemini. 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. Additionally, in 2002, Goldberg had an expensive contract with AOL Time Warner, the parent Company of WCW. Bill attended boarding school from 9th to 12th grade. 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. "I really believe that we are headed for an incredible future.". Ford has been the chief executive officer of General Atlantic, a leading growth equity firm, since his appointment in 2007. Alternative fuel vehicles operate on non-petroleum fuels, such as methanol, compressed natural gas (CNG), propane, and hydrogen. 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. Table of Contents Inception Ford The founder of this company is Henry Ford. He has investments all over the financial sector and is thus, living in luxuries. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. 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. Alexandra Ford English, daughter of Bill Ford, was elected to the board at age 33 with Henry Ford III. "I'm in this for the long haul. In addition, he makes $364,289 as Independent Director at Blackrock. His son, Bill Ford Jr., is now executive chairman of Ford Motor. He is the executive chairman of Ford Motor Company. The most active insiders traders include William E Ford, Fabrizio Freda, and Murry Gerber. 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. 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. 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: [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. 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. Learn More. Ford left the company to his family and 40% of Ford Motor Company still remains in the control of his great grandchildren. Ford's stock closed Thursday at $25.02. 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. In addition, he makes $364,289 as Independent Director at Blackrock. Last updated: 19 January 2023 at 7:39pm EST. 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. 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