Jim Davis Balance Net Worth is$1.9 Billion
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Date of Birth: 1943
Jim Davis net worth: Jim Davis' net worth is $1.9 billion dollars which makes him one of the richest people in Massachusetts. Jim Davis graduated from Middlebury College with dual degrees in biology and chemistry. He began his professional career working as a sales engineer and marketing manager for two Massachusetts-based technology companies. In 1972, he bought New Balance, a running shoe company. At the time, New Balance was a small business with only six employees. He grew the company into one of the most successful shoe manufacturers in the world. It currently has 4000 employees spread out over multiple locations around the globe. 25% of the company's shoes sold in the US are actually made in the US. Though New Balance staunchly avoided the use of celebrity spokespeople or endorsement for many years, it recently launched a line of shoes in conjunction with Heidi Klum, and became the official footwear and clothing sponsor for the Red Sox.

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Jim Davis Balance Latest News

New Balance Opens New World Headquarters

“The opening of the New Balance global headquarters reflects the evolution of the brand and our continued service within the community,” Jim Davis, New Balance Chairman, said in a statement. “Our commitment to the city of Boston is evident by the ...
Posted: September 17, 2015, 9:35 am

Packers-Bears preview: Davis thrust into spotlight

So it's a good balance," Davis said. It is how it's supposed to work when the ... But Lacy has a left ankle injury. Backup James Starks has already been ruled out with a knee injury. "We all have a part in it, and we've all got to improve individually ...
Posted: October 19, 2016, 2:45 am

New Balance Chairman Jim Davis' Gloucester hotel plan moves forward

The proposed 37,000 square-foot hotel footprint is inside the existing Birdseye plant, which has been essentially vacant for years. Beauport's principals are Sheree DeLorenzo, who operates Cruiseport Gloucester and New Balance owner Jim Davis.
Posted: August 9, 2012, 1:56 am
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