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Jon Huntsman currently has a net worth of $1 billion. He turned Huntsman Corp. from fast-food container supplier into America's largest private chemical company via acquisitions. Took public 2004; personally netted $275 million. Sued Apollo Management after firm backed away from buyout agreement; settled for $1 billion in 2008. In 2010 won $1.7 million settlement from Credit Suisse and Deutsche Bank over roles in the spoiled deal. He is the father of former United States Ambassador to China and former Governor of Utah Jon Huntsman, Jr.
In 1992 Jon Huntsman Sr. was diagnosed with prostate cancer; on the way to the hospital for treatment, he made three stops: First the chemicals mogul dropped by a homeless shelter and left a $1 million check. Then he stopped at a soup kitchen and handed over another $1 million check.
Finally, he dropped off $500,000 at the clinic that had found his malignancy. Since then Huntsman, who says he plans to give it all away before he dies, has donated the majority of his fortune to his cancer foundation.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2018 |
Asset |
Current value of Jon Huntsman's Huntsman Corporation as the company's founder and longtime executive chairman |
$11,000,000,000 |
2018 |
Earning Turned Donation |
Donation to a Salt Lake City cancer institute that bears his name |
$1,400,000,000 |
2018 |
Earning Turned Donation |
Donation to the Huntsman Cancer Institute and its foundation |
$400,000,000 |
2017 |
Asset |
Total equity in form of stock and option award value as the former Executive Chairman of the Board at Hunstman Corporation |
$2,000,000 |
2017 |
Bonus |
Bonus and Non-Equity Incentive Compensation as the former Executive Chairman of the Board at Hunstman Corporation |
$3,670,000 |
2017 |
Salary |
Annual salary as the former Executive Chairman of the Board at Huntsman Corporation |
$1,330,000 |
2017 |
Earnings |
Net income of the Huntsman Corporation, an American multinational manufacturer and marketer of chemical products for consumers and industrial customers like BMW, GE, Chevron, Procter & Gamble, and Unilever for the year 2017 |
$741,000,000 |
2017 |
Asset |
Total assets of the Huntsman Corporation, an American multinational manufacturer and marketer of chemical products for consumers and industrial customers like BMW, GE, Chevron, Procter & Gamble, and Unilever |
$10,240,000 |
2017 |
Earning Turned Donation |
Donation to the Huntsman Cancer Institute |
$400,000,000 |
2012 |
Earning Turned Donation |
Donation to a super PAC as support to the younger Huntsman's presidential campaign |
$1,800,000 |
2009 |
Asset |
Total assets of HGGC, a middle-market private equity firm based in Palo Alto, California, as one of the company's founders |
$4,300,000,000 |
2008 |
Lawsuit Settlement |
Legal settlement against Apollo Management for the termination of the Hexion merger agreement |
$1,100,000,000 |
2007 |
Sale of Asset |
Sale of Jon Huntsman's Huntsman Corporation to Access Industries, owned by the billionaire Len Blavatnik |
$5,880,000,000 |
1995 |
Earning Turned Donation |
Donation to the Huntsman Cancer Institute that is now one of the top cancer research institutes in the U.S. |
$100,000,000 |
1994 |
Asset |
Purchase value of Jon Huntsman's 34 companies, including Texaco's petrochemicals operation |
$1,060,000,000 |
1990 |
Earning Turned Donation |
Donation to a research center at the University of Utah dedicated to find a cure for cancer through human genetics |
$100,000,000 |
1988 |
Earning Turned Donation |
Donation to the Armenian people after a 1988 earthquake in that country left thousands homeless |
$50,000,000 |