An annual evaluation of performance and competency, and coaching and counseling on 2021 Ford Motor Company & Ford Credit GSR Benefits Summary 6 Ford Motor Chair Bill Ford has been slowly amassing more control of the automaker his great-grandfather founded in 1903. Net Worth: $1 Billion As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. 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. 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. That's quadruple the roughly 4 million, or 5.7%, he owned in 2012, according to FactSet. Henry Ford's Great-Great Grandchildren Join the Family Business He served several years as a mid-ranking executive in product development. [6][failed verification], Ford serves as Chair of Rockefeller University and serves on the board of trustees of the Memorial Sloan Kettering Cancer Center. Net Worth 2020 Undisclosed Find out more about Bill Ford net worth here. Bill Ford Net Worth (Business) Bill Ford Net Worth I am a lifelong car enthusiast and a passionate environmentalist who is interested in issues surrounding mobility and sustainability. 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. 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. DETAILS BELOW. "We're on this electrification journey, but it's more than that. The 64-year-old is the company's biggest individual shareholder with 2.3 million shares of Ford's common stock. Bill Ford net worth is $13 Million Bill Ford Wiki: Salary, Married, Wedding, Spouse, Family . Bill Ford is an American entrepreneur and is the great-grandson of Henry Ford. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. 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. He is known to be the great-grandson of Harvey Firestoneand Henry Ford. Net Worth. Doug Ford's income source is mostly from being a successful Businessperson. [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. While the Class B shares account for 2% of Ford's outstanding stock, they control 40% of the voting power. William Clay Ford, Jr. was born on May 3, 1957 in Detroit, Michigan, United States. He was proud of the family's role in building and sustaining the company through many crises. He is also a member of the Steering Committee for the CEO Action for Diversity and Inclusion initiative. William E. Ford (born June 18, 1961) is an American businessman. 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? 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. 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 . Bill Ford - Executive Chair - Ford Motor Company | LinkedIn However, in 2021, Doug Ford's approval rating dropped about 8% which was one of the highest in his political career. William Clay Ford Net Worth Ford's restructuring plan, dubbed "The Way Forward", reversed a $1.6 billion loss during 2009 in its North American operations. Martha Firestone Ford, Henry Ford great-grandfather He replacedJacques Nasser. Ford continues as the company's Executive Chairman. Correction: Henry Ford was Bill Ford's great-grandfather. In 2000, he declared the organization would realize a 25% improvement in fuel efficiency in the organization 's light truck fleet, including SUVs, by mid-decade. William Ford is 58, he's been the Independent Director of Blackrock since 2018. Who is Bill Elliott Wife? Daughters; Net Worth in 2022; Age & Bio Unlike his predecessor, Farley has won investor confidence since taking over the helm in October 2020. Bill Ford Net Worth Net Worth List Lew Rock, a news and opinion site, has had contributions from Bill Bonner. [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. Bill Ford studied at Massachusetts Institute Of Technology (MIT),Princeton University, MIT Sloan School of Management (1984), Princeton University (1979 . Bill Elliott 2023: Wife, net worth, tattoos, smoking & body facts - Taddlr 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. 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. Ford joined the board in 1988 and has served as chairman since January 1999. [18][failed verification][19][failed verification], Ford also serves on the advisory board of Tsinghua University's School of Economics and Management. Ford had no inheritance and he spent virtually his entire adult life in public service. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. William Clay Ford Net Worth | Celebrity Net Worth He is known to be the great-grandson of Harvey Firestone and Henry Ford. Tom Ford. In addition, he makes $364,289 as Independent Director at Blackrock. 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. Train of Dreams 1987 as Tony's Gang. He is the executive chairman of Ford Motor Company. All Rights Reserved. As of March 2023, William Barr has an estimated net worth of $40 million. Alfred Ford is Building a Multi-Million Dollar Monument in India The most active insiders traders include Retiree Medical Benefits Tr, William Clay Jr Ford, and Richard A Manoogian. Search; . As one of the richest celebrities in the world, people are always wondering how much money William Clay Ford Jr has or makes. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. . 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. Net Worth Net Worth 2020 Undisclosed Salary 2020 Not known Biography Timeline 1975 Bill Ford has been a vocal advocate for improvements to be made in all modes of global transportation. 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. 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. The most active insiders traders include William E Ford, Fabrizio Freda, and Murry Gerber. 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. Wiki Bio of Bill Ford net worth is updated in 2023. Bill James - SENIOR VICE PRESIDENT--WEALTH MANAGEMENT SENIOR - LinkedIn Henry Ford Net Worth and Earnings 2022 | Wealthy Genius Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. He also serves on the board of BlackRock. 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. Bill Ford celebrates 40 years at Ford Motor Co. - The Detroit News 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. You can see the complete history of Mr. Ford stock trades at the bottom of the page. Mr. Ford, Jr. owns 1,100,617 shares of Ford Motor stock worth more than $15,177,508 as of February 1st. Most recently he bought 267,697 units of F stock worth $4,499,987 on 24 March 2022. Ford Family Net Worth 2023 | Wealthy Persons Later he was chairman of the Dealer Policy Board . 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. Bill Elliott Facts & Wiki Where does Bill Elliott live? William Clay Ford Jr. | Ford Media Center - Ford Motor Company General Atlantic's website uses cookies to improve and personalize your experience. Bill Ford can be an acting professional, known for Teach of Dreams (1987) so when Nature Phone calls (1985). Apart from his career, he is an environmentalist and has always been committed to developing environmentally friendly products and processes. He is better known for his pure loving, kind heart personality. That doesn't include exercising options, transferring shares to trusts or converting common shares to Class B stock. The estimated net worth of Willaim Clay Ford, Jr. is at least $15.18 million as of August 1st, 2019. American chief executives in the automobile industry, Hotchkiss School (1975) [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. Copyright 2023 General Atlantic Service Company, L.P. All Rights Reserved. Gavin In 2023, Gavin McInness net worth was estimated to be. 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. 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. 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. William Clay Ford Jr. serves as Executive Chairman of the Board of the Company. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. One of the most well-known names in American business is perhaps Henry Ford, who revolutionized transportation and created contentious workplaces. Nationality: United States. 2023 Forbes Media LLC. At the time of the Ford 2000 reorganization, he was in charge of heavy truck operations. After completing his bachelor's degree fromPrinceton University, he attendedMIT Sloan School of Management. Tsinghua Universitys School of Economics and Management, Our Investment Approach and Global Opportunity Set. In this article, we show you how Ford became one of the richest men in history. Bill Jr. and his mother Martha Firestone Ford still own the NFL Detroit Lions. "I think it's really important that the family legacy continue. Social Media: Twitter. Some have criticized the dual-share system for unfairly allowing the family to retain control of the automaker. Ford's now worth more than crosstown rival General Motors, which is valued at about $90 billion. He served as Chief Executive Officer of the Company from October 2001 until September 2006 when he became Executive Chairman. He is the company's biggest individual shareholder with 2.3 million shares of the Ford's common stock. A simplified look at the Ford family tree | Automotive News Ford was glorified as a chairman of the United States-Mexico Chamber of Commerce. 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. That's quadruple the roughly 4 million, or 5.7%, he owned in 2012, according to FactSet. He made his 5 million dollar fortune with NASCAR, Phoenix Racing, Turner Motorsports. William has made over 24 trades of the Blackrock stock since 2016, according to the Form 4 filled with the SEC. Princeton University (B.A., 1979) In addition to his duties as chair, he served as chief executive officer of the company from October 2001 to September 2006 . Share. The William Clay Ford Jr net worth and salary figures above have been reported from a number of credible sources and websites. in Economics from Amherst College in 1983. After announcing the shutdown of Argo AI last fall, Ford hired more than 500 engineers from the automated driving company and they will now form the core of Latitude AI, a Pittsburgh based subsidiary focused on next generation driver assist systems. 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. [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. On average, Ford Motor Co executives and independent directors trade stock every 25 days with the average trade being worth of $1,450,835. American chief executives in the automobile industry. He is the executive chairman of Ford Motor Company. There are 13 older and 18 younger executives at Blackrock. 1975 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.
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