Gerald J Ford Net Worth is$1.9 Billion
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Nickname: Gerald Ford, Gerald J Ford
Profession: Banker
Nationality: United States of America
Date of Birth: 1944
Place of Birth: Pampa
Gerald J. Ford Net Worth: Gerald J. Ford is an American entrepreneur who has a net worth of $1.9 billion. Born in 1944, Ford, a son of Texas farmer, earned his fortune by buying and selling banks. A graduate of Southern Methodist University who also holds a J.D., he purchased his first bank in 1975 for only $1.2 million, and later, he sold it for amazing $80 million. Ford also served as the Chairman and SEO of the fourth largest bank in California, Golden State Bancorp, Inc based in San Francisco, which he sold to Citigroup in 2002 for $6 billion together with his partner, Ron Perelman. Currently, he serves as the Chairman of Hilltop Holdings, an insurance company and bank, and the Managing Director of Ford Financial Fund. Moreover, he sits on the Board of Freeport-McMoRan, the world's leading extractor of gold and copper. In addition to his massive fortune, Ford also has interests in various corporations, including Pacific Capital Bancorp, Rio Hondo Land & Cattle Company, Golden State Bancorp, Diamond Ford Dallas, First Acceptance Corporation, AmeriCredit, American Residential Cmnts LLC, Scientific Games Corp and SWS Group. Lately, he sold his 76% shares in Pacific Capital Bancorp to Mitsubishi UFJ, the largest bank in Japan, for $1.15 billion. What's more, Ford is a great philanthropist sitting on many trustees and committee boards. The Ford family has residential properties in Manhattan, Dallas and the Hamptons, and they also hold a thoroughbred farm in Kentucky.
Gerald J. Ford (born 1944) is an American businessman.


Gerald Ford was raised in Pampa, Texas and attended Pampa Senior High School. He graduated from Southern Methodist University in Dallas, Texas in 1966, where he was a member of the Alpha Tau Omega fraternity. He received a J.D. from the SMU School of Law in 1969.
He is former Chairman of the board and Chief Executive Officer of Golden State Bancorp, Inc., headquartered in San Francisco. It was a holding company for the nation's second largest thrift institution and California's fourth largest bank. In 2002, he sold it to Citigroup for $6 billion. He is currently Chairman of the Board of Hilltop Holdings, a bank and insurance holding company. He also sits on the Boards of Directors of Freeport-McMoRan (FCX), the world???s largest extractor of copper and gold.
He has also invested in First Acceptance Corporation, Pacific Capital Bancorp (Annual Sales $13 billion), Golden State Bancorp, FSB (federal savings bank that merged with Citigroup in 2002) Rio Hondo Land & Cattle Company (annual sales $1.6 million), Diamond Ford, Dallas (sales: $200 million), Scientific Games Corp., SWS Group (annual sales: $422 million); American Residential Cmnts LLC. His other investments include the auto-finance company AmeriCredit, Pacific Capital Bancorp and 120,000 acres (486 km??) of rangeland in New Mexico.
In a 2010 interview on enterpreneurship with Forbes, he suggested reading The Great Gatsby by F. Scott Fitzgerald, The Financier by Theodore Dreiser, The Bonfire of the Vanities by Tom Wolfe, Too Big to Fail by Andrew Ross Sorkin and The Big Short by Michael Lewis.
He has been a member of the Southern Methodist University Board of Trustees since 1992. He is chair of the board's Finance Committee and a member of its Executive Committee, Trusteeship Committee, Committee on Athletics and Executive Committee of the Campaign for SMU. He also currently serves as co-chair of the Dedman College Campaign Committee

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