Foster Friess Net Worth is$100 Million
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Profession: Businessperson
Date of Birth: Apr 2, 1940
Country: United States of America
Foster Friess is an American businessman who has a net worth of $100 million. Foster Friess has earned his net worth from his company known as Friess Associates; he is also a supporter of many conservative Christian causes. He was named by Business Week in a 2001 article as the "longest-surviving successful growth-stock picker, having navigated markets for 36 years. Foster Friess was born on April 2, 1940 in Rice Lake, WI, a town of only 5,000 people his father was a cattle dealer, he grew up on the family farm. He earned a degree in Business Administration from the University of Wisconsin, and served as the president of the Chi Phi Fraternity. He was named as one of the "ten most outstanding senior men." while serving in the Reserve Officers' Training Corps. He married Lynnette Estes in 1962 and they had two sons, two daughters and eight grandchildren. Foster is a born-again evangelical Christian. Foster is a Republican and he was a supporter of the George W. Bush's administration and he has been an active supporter for a number of religious and conservative causes such as the cau Private Sector Solutions, LibForAll, and Free Market Cure. Some of his educational causes include: the Alliance for School Choice, and All Children Matter.
Foster Stephen Friess (born April 2, 1940) is an American businessman and supporter of conservative Christian causes. In a 2001 article, BusinessWeek suggested Friess "may be the longest-surviving successful growth-stock picker, having navigated markets for 36 years, in his own firm since 1974."
Friess was born in 1940 in Rice Lake, Wisconsin, a small town with a current population of 8,000. As a high school student, Friess held a variety of leadership positions, including valedictorian, class president, and captain of the basketball, track, golf and baseball teams.[citation needed]
A first-generation college graduate, Friess attended the University of Wisconsin (now University of Wisconsin-Madison), where he earned a degree in business administration. As a student, he served as president of Chi Phi Fraternity, enrolled in the Reserve Officers' Training Corps, and was named one of the "ten most outstanding senior men". In 1962 he married fellow student Lynnette Estes.[citation needed]
Friess identifies as a born-again evangelical Christian. Despite his professional success, he was unhappy due to a "marriage flirting with divorce and emotionally distant children"; in October 1978, Friess "did one of those 'born again' things". He often refers to God as the "Chairman of my board" and his personal website quotes Galatians 6:2 and Matthew 25:35-40. He attributes all of his subsequent success, both personal and professional, to his faith.[citation needed]
After graduating from college, Foster trained to be an infantry platoon leader and served as the intelligence officer for the First Guided Missile Brigade, Fort Bliss, Texas. In 1964, he began his investment career, joining the Brittingham family-controlled NYSE member firm in Wilmington, Delaware, where he eventually rose to the position of Director of Research.
In 1974, Friess and his wife launched their own investment management firm, Friess Associates, LLC. Although success came slowly in its early ye

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Foster Friess Latest News

Foster Friess, Republican Mega-Donor, Vows To Give In 2014

WASHINGTON -- Republican mega-donor Foster Friess declared Friday that he was going to contribute money to outside groups to help elect Republican candidates in both the 2014 midterm elections and the 2016 presidential campaign. The Wyoming-based ...
Posted: January 25, 2013, 6:56 am

‘Is every American entitled to health care?’

Make sure you invite a friend to Bible study this week. • Foster Friess founded Friess Associates, which grew to $15 billion in assets under management. He now promotes “return to civility” efforts. Twitter: @FosterFriess
Posted: February 14, 2017, 7:32 pm

Tucker Carlson’s sugar daddy: How another hilarious rich person humiliated himself

This latest episode concerns Foster Friess, the hundred-millionaire retired fund manager who throws money at weird projects like Rick Santorum presidential bids and trashy websites run by Tucker Carlson. In both cases Friess’ money is responsible for ...
Posted: March 30, 2015, 7:59 pm
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