J. Christopher Flowers’s profile picture

J. Christopher Flowers

Founder and Managing Director, J.C. Flowers & Co. LLC
J. Christopher Flowers’s profile picture
Net worth 2018: $1.13 Billion
Residence: New York, New York
Country: United States
BirthDay: 27 October 1957
Sigh: Scorpio
Children: 2
Education: Bachelor of Arts / Science, Harvard University
BIOGRAPHY

J. Christopher Flowers was bornon 27 October 1957 in New York, New York, United States, is Founder and Managing Director, J.C. Flowers & Co. LLC. J. Christopher Flowers is #1880 in List Billionaires People In The World. J. Christopher Flowers runs private equity firm J.C. Flowers & Co., which focuses on the financial services sector. He studied math at Harvard and then joined Goldman Sachs in 1979, becoming a partner in 1988 before striking out on his own a decade later. In 2000 J.C. Flowers bought a beleaguered Japanese bank, the Long Term Credit Bank, which had been nationalized in 1998. He resold the business to the public under the moniker Shinsei Bank in 2004; partners reaped $2.3 billion. In 2008, he helped advise Bank of America and Merrill Lynch on their merger.

NET WORTH STATISTIC
2015

$1.4 Billion

2016

$1 Billion

2017

$1.2 Billion

2018

$1.13 Billion

TIMELINE
2016

In 2016, Flowers took a stance on the growing fintech sector, stating that it would "mostly end in tears"

2015

Flowers joined the Kasparov Chess Foundation Board in February 2015

2014

In June 2014 Flowers completed the first public listing of a British bank on the London Stock Exchange’s main market for more than a decade when he floated OneSavings Bank, a small business and mortgage lender he bought into in 2010

2011

Flowers's role in the crisis was portrayed by Michael O'Keefe in the 2011 HBO film Too Big to Fail

2008

Later that year he argued that banking regulations in the wake of the 2008 financial crisis had depressed profitability so much that lenders would struggle to attract enough investors to survive the next financial crisis

2007

After an unsuccessful attempt to arrange an acquisition of Sallie Mae in 2007, Flowers became deeply involved in the financial crisis of September 2008

2006

Flowers also participated in the creation of the Harvard Professorship Challenge Fund in 2006, a $50 million fund to endow further professors

2004

In 2004, the Flowers Foundation launched NetsforLife, a partnership working with Episcopal Relief & Development to fight malaria in Africa

2003

Flowers University Professorship at Harvard in honor of his parents in 2003

2000

He became a director of Shinsei Bank in March 2000 and continues to hold that position

1988

Flowers was named partner in 1988, the same year as Goldman CEO Lloyd Blankfein and former Merrill Lynch CEO John Thain

1979

Flowers worked at Goldman Sachs for 19 years starting in March 1979, and was a founder of Goldman's lucrative financial institutions merger practice in the late 1980s

1957

James Christopher Flowers (born October 27, 1957) is an American private equity investor and investment manager focused on the financial services industry

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