Jon Huntsman, Sr.’s profile picture

Jon Huntsman, Sr.

Jon Huntsman, Sr.’s profile picture
Net worth 2018: $1.21 Billion
Industry: Manufacturing
Residence: Salt Lake City, Utah
Country: United States
BirthDay: 21 June 1937
Sigh: Cancer
Children: 9
Education: Bachelor of Arts / Science, University of Pennsylvania Wharton School; Master of Business Administration, Marshall School of Business
BIOGRAPHY

Jon Huntsman, Sr. was bornon 21 June 1937 in Salt Lake City, Utah, United States. Huntsman started out buying up downtrodden businesses with borrowed money through his Huntsman Chemical, founded in 1982. In all, he purchased 34 companies, including Texaco's petrochemicals operation for $1.06 billion in 1994. A four-time cancer survivor, he founded an institute to find a cure for the disease. He's given money to Wharton, where he earned a degree, and signed the Giving Pledge.

NET WORTH STATISTIC
2010

$1 Billion

2014

$1.1 Billion

2015

$1.1 Billion

2017

$1 Billion

2018

$1.21 Billion

For me, the true measure of success is not how much wealth you acquire but how much of it you give back.

Jon Huntsman, Sr.
TIMELINE
2017

In 2017, Huntsman and Charles Koch donated another $50 million to the Huntsman School of Business for student scholarships and a new Center for Growth and Opportunity

2015

In 2015, he was awarded the Philanthropy Roundtable’s Carnegie Medal of Philanthropy Award

2014

As of 2014, Huntsman reported that it operated 80 manufacturing and R&D facilities in 30 countries and employed approximately 12,000 associates

2013

As of 2013, the Huntsmans have supported the building of an additional basketball practice facility, to be named the Jon M

2012

Sigma Chi chose the Huntsman Cancer Foundation as one of its preferred philanthropic partners in December 2012

2010

His current wealth is not disclosed; however, he was listed as number 937 on the "Forbes World's Richest Persons" for 2010

2008

In November 2008, the American Cancer Society presented him its Medal of Honor for Cancer Philanthropy, and in 2014 he was awarded the William E

2007

In December 2007, Utah State University announced that its College of Business would be renamed the Jon M

2005

Titled Winners Never Cheat: Everyday Values We Learned as Children (But May Have Forgotten), it was published by Wharton School Publishing in 2005

2004

He was elected governor of Utah in 2004 and was a candidate in the Republican Party presidential primaries in 2012

2003

In 2003 he received the Humanitarian of the Year Award, presented by Larry King of CNN

2001

In 2001 Jon and Karen Huntsman were presented with the Entrepreneur of the Year Award for Principle-Centered Leadership

2000

On January 1, 2000, The Salt Lake Tribune included him among "The 10 Utahns Who Most Influenced Our State in the 20th Century" for his donations to education and medical research

1995

Hunter in 1995 with financial support from Jon and Karen Huntsman and other donors

1994

As of 1994, the Huntsmans also endowed the Huntsman Program in International Studies and Business at the University of Pennsylvania, a four-year undergraduate program that combines business education and liberal arts

1993

He and his wife Karen established the Huntsman Cancer Institute in 1993 with a gift of $10 million from the Huntsman family

1989

In 1989 Huntsman gave $1 million to Utah State University in Logan, Utah for the Huntsman Environmental Research Center

1988

Huntsman has also contributed to efforts to rebuild in Armenia, which was devastated by an earthquake in 1988

1987

On December 8, 1987, Huntsman's son, James, then age 16, was kidnapped and held for $1 million ransom by Nicholas Hans Byrd, a former classmate

1986

Between 1986 and 2000 Huntsman acquired 36 companies, 35 of which turned out to be hugely profitable

1984

He served as Chairman for Utah in Ronald Reagan's presidential campaign in 1984 and George H

1982

In 1982, after serving as an LDS (Church of Jesus Christ of Latter Day Saints) Mission President in Washington, DC for three years, Huntsman continued his plastics and petrochemical pursuits with the formation of a new company, Huntsman Chemical Corporation, in Salt Lake City, Utah

1977

In 1977 he was chairman of the Western States Republican Leaders

1976

He was also the Republican Party of Utah national committeeman from 1976 to 1980

1975

The law library at Brigham Young University, built in 1975, was expanded and renamed for Howard W

1974

In 1974, Huntsman Container Corporation created the "clamshell" container for McDonald's Big Mac

1973

In 1973 the company nearly collapsed when an Arab oil embargo cut off supplies of polystyrene, used to make styrofoam

1972

Upon completion of the second Huntsman Container site in Troy, Ohio, in 1972, Huntsman left the White House staff to become President and CEO of Huntsman Container, while still serving - in a non-paid position - as a consultant to the Office of the President

1971

Plants were constructed in Fullerton, California, in 1971 and in Troy, Ohio, in 1972

1970

While the Huntsman Container Corporation's first packaging plant was being built in 1970, Huntsman joined the Nixon Administration as Associate Administrator of the Department of Health, Education and Welfare and later served as Special Assistant and Staff Secretary to President Nixon

1969

Huntsman Center for special events opened in 1969 and is used for gymnastics, basketball, and volleyball

1967

In 1967 he became president of a joint venture between Olson Brothers, Inc

1965

In 1965 he established contact with the polystyrene operations of the Dow Chemical Company

1961

In 1961, Huntsman was employed by Olson Brothers, Inc

1959

In July 1959, Huntsman left to serve for two years in the U

1950

In 1950 the family moved to Palo Alto, California, where Alonzo pursued graduate studies at Stanford University, earning an M

1937

(born June 21, 1937) is an American businessman and philanthropist

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