Gerald Ford
$2.6B
Born
Aug 04, 1944
Age
81
Source of Wealth
Banking
Residence
Dallas, Texas
Citizenship
United States
Marital Status
Married
Children
6
Education
Bachelor of Arts/Science, Southern Methodist University; Doctor of Jurisprudence, Southern Methodist University
- Gerald Ford has been buying distressed banks and turning them around since 1975, when he bought his first bank.
- His first big success was in 2002, when he and his billionaire friend Ronald Perelman sold Golden State Bancorp to Citigroup for $6 billion in stock.
- Ford has a 20% stake in public Hilltop Holdings, which owns PlainsCapital Bank, mortgage originator PrimeLending and investment bank HilltopSecurities.
- Ford's son Jeremy Ford is CEO of Hilltop Holdings and his son-in-law Corey Prestidge is general counsel and executive vice president of the firm.
- Ford's California-based Mechanics Bank has more than $18 billion in assets.
- Ford and his wife, Kelli, own multi-million-dollar ranches in Kentucky and New Mexico as well as homes in Dallas and the Hamptons.
- Ford gifted his alma mater Southern Methodist University $20 million in 1997 for a new football stadium and $15 million in 2013 to build a research center.
| Exchange | Ticker | Company Name | Number Of Shares | Share Price | Currency Code |
|---|