Gerald J. Ford Net Worth

Net Worth: $2.1 Billion
  • Source of Wealth:

    Banking, Ford Financial Fund
  • Birth Place:

    United States of America
  • Marital Status:

    Married (Kelli Ford)
  • Full Name:

    Gerald J. Ford
  • Nationality:

    United States
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About Gerald J. Ford

American businessman Gerald J. Ford has an estimated net worth of $2.1 billion as of April 2016 according to Forbes. He currently serves as the managing member of Ford Financial Fund.

Gerald J. Ford was born and raised in Pampa, Texas. He attended Southern Methodist University where he earned his Bachelor of Arts/Science degree and Doctor of Jurisprudence. He is currently married to Kelli, an interior designer who co-owns a decorating company with her sister. He has six children. The couple has residential properties in the Hamptons, Manhattan and Dallas. They also own a thoroughbred farm in Kentucky.

Most of Ford's net worth is acquired from selling and buying banks. He had his first bank in 1975 for only $1.2 million, which he later sold for a staggering $80 million. He previously worked for San Francisco-based Golden State Bancorp, Inc as CEO and Chairman of the Board. Golden State Bancorp, Inc was considered as the fourth largest bank in California. He sold it to Citicorp in 2002 for $6 billion.

Currently, he worked for Hilltop Holdings as the Chairman of the Board. Hilltop Holdings, is an insurance holding company and bank. He also sits on the board of Freeport-McMoRan (FCX), which is considered as the largest extractor of copper and gold in the world. Furthermore, he has investments in Golden State Bancorp, Pacific Capital Bancorp, First Acceptance Corporation, Rio Hondo Land & Cattle Company, Diamond Ford Dallas, SWS Group, Scientific Games Corp., American Residential Cmnts LLC, Pacific Capital Bancorp  and AmeriCredit.

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