American businessman Clemmie Spangler Jr has an estimated net worth of $2.9 billion as of April 2016 according to Forbes.

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Originating from Charlotte, North Carolina, Clemmie Spangler Jr is a graduate of  the University of North Carolina where he completed his Bachelor's degree. He also attended Harvard University where he finished his MBA. Spangler is currently married with two children.

After graduation, he became the head of Bank of North Carolina which was founded by his father. Eventually, Bank of North Carolina merged with NCNB and it became Bank of America.