Sid Bass’s profile picture

Sid Bass

Sid Bass’s profile picture
Net worth 2018: $3.31 Billion
Industry: Energy
Residence: Fort Worth, Texas
Country: United States
BirthDay: 9 April 1942
Sigh: Taurus
Children: 2
Education: Bachelor of Arts / Science, Yale University; Master of Business Administration, Stanford University
BIOGRAPHY

Sid Bass was bornon 9 April 1942 in Fort Worth, Texas, United States. Sid Bass is #694 in List Billionaires People In The World. Sid Bass inherited several million from oil tycoon great-uncle Sid Richardson in 1959. He's been diversifying ever since. Bass has nurtured the careers of famed investors like Richard Rainwater. Personally negotiated $6 billion sale of Bass oilfields in 2017 with ExxonMobil CEO Rex Tillerson. He rescused ice cream maker Blue Bell with a $125 million loan after a 2015 listeria outbreak.

NET WORTH STATISTIC
2009

$2 Billion

2010

$2 Billion

2011

$2.1 Billion

2012

$1.8 Billion

2013

$1.8 Billion

2014

$2 Billion

2015

$2 Billion

2016

$1.8 Billion

2017

$2.8 Billion

2018

$3.31 Billion

TIMELINE
Sid Richardson Bass (born April 9, 1942) is an American billionaire investor and philanthropist.Sid Richardson Bass was born on April 9, 1942. His father, Perry Richardson Bass (died 2006), built an oil fortune with uncle, Sid W. Richardson. He graduated from Yale University in 1965, and also has a degree from the Stanford Business School.Bass took control of the family business in 1968. His investments include oil and gas. Along with his father and two of his brothers, he was the largest shareholder in The Walt Disney Company from 1984 until after the stock market crash in 2001. Bass was forced to sell his Disney holdings as a result of a margin call.He was listed as the 287th richest person in the world in 2007 by Forbes, with a net worth of US$3.0 billion.Bass donated $20 million to Yale University for the study of humanities in 1990. In 2006, Bass and his second wife, Mercedes Bass, made a gift of $25 million to the Metropolitan Opera, at the time the largest individual gift in the company's history.His first wife was Anne Hendricks Bass. Their marriage produced 2 daughters, one being author Hyatt Bass, and ended in divorce in 1986. In 1988, Bass married the Iranian socialite Mercedes Bass (the former Mercedes Kellogg, née Mercedes Tavacoli). This marriage ended in divorce in 2011, producing no children.
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