Businesspersons
Foster Friess Net Worth
Foster Friess's Net Worth as of 2024
$100 Million
Foster Stephen Friess was born on the 2nd April 1940 in Rice Lake, Wisconsin USA, and is a businessman and investment manager, who is probably best recognized for establishing his own company named Friess Associates. He is also known as a huge supporter of conservative Christian causes. His career has been active since 1964.
So, have you ever wondered how rich Foster Friess is, as of mid-2016? According to authoritative sources, it has been estimated that Foster counts his net worth at the impressive amount of $100 million, which has been accumulated through his successful involvement in the business industry, as an investment manager and owner of a company.
Foster Friess Net Worth $100 Million
Foster Friess is the son of a cattle dealer, and spent his childhood on the family farm. He attended Rice Lake High School, after which he enrolled at the University of Wisconsin, from which he graduated with a BA degree in Business Administration; while there, he was also the president of the Chi Phi Fraternity. He was very active in sports too, as he was a track and field athlete, and a member of the basketball college team. He was also valedictorian of his class, and was named one of the “ten most outstanding senior men”, as he entered the Reserve Officers’ Training Corps. Upon graduation, he wanted to become an infantry platoon leader, so he served at Fort Bliss, Texas as the intelligence officer for the First Guided Missile Brigade.
Foster’s professional career in the business industry began in 1964, when he started working as an investment manager at the NYSE-member firm in Wilmington, Delaware, which was controlled by the Brittingham family. Thanks to his knowledge and skills, he climbed his way up in the company, and quickly became Director of Research, increasing his net worth to a large degree.
Subsequently, Foster co-founded with his wife their own firm called Friess Associates, LLC, an investment management company. As the firm has grown in its worth, so has his net worth, and his name became well-known in the world of business. In 2001, he started a partnership with another company called Affiliated Managers Group (AMG), which added a lot to his net worth; however, the company was sold to its employees in 2013.
If to talk about his personal life, Foster Friess has been married to Lynnette Estes since 1962; the couple has has four children and eight grandchildren. In his spare time, Foster is very active in politics. Speaking about Foster’s religion, he is known in the media as a born-again evangelical Christian, and he has won numerous awards for his religious work, such as the Horatio Alger Award by the Horatio Alger Association of Distinguished Americans, Canterbury Medal from the Beckett Fund for Religious Liberty, etc.
Foster is also a noted philanthropist, known for establishing the Friess Family Foundation, which helped other charities such as Water Missions International, and he is also the founder of the Friess Family Community Campus.
Actors
Jeff Beitzel Net Worth
Jeff Beitzel was born in the United States of America, and was a businessman and reality television personality, best known for establishing several successful automotive companies such as Quantum Fuel Systems, of which he was the COO, and also for starring in the reality show “The Real Housewives of Orange County”. All of his efforts helped put his net worth to where it was prior to his passing.
How rich was Jeff Beitzel? As of early-2017, sources inform us of a net worth that was at $3 million, mostly earned through the success of his numerous companies. He helped create and expand several automotive businesses, serving in high positions in them. He reportedly earned a salary of $725,000, but all of his achievements ensured the position of his wealth.
Jeff Beitzel Net Worth $3 million
Jeff attended Lehigh University, and would graduate with a degree in mechanical engineering. After his studies, he started working at the Ford Motor Company, and after gaining a lot of experience, he began establishing his own automotive businesses, which included Quantum Fuel Systems Technology; the company focuses on fuel storage, fuel efficiency, and natural forms of fuel. Beitzel eventually rose up to become the COO of the company in 2005. Other groups he worked for include Tecstar Automotive Group (formerly Starcraft Corp.) and Powertrain Integration. He served as the Co-Chief Executive Officer of Tecstar and was the president of Tecstar subsidiaries, as well as the President of Powertrain Integration. Quantum Fuel Systems eventually merged with Tecstar, but Powertrain Integration on the other hand focuses on powertrain solutions including highway systems, alternative fuels, and other services. Thanks to all of these endeavors, his net worth continued to increase.
Jeff eventually became engaged to reality television star and businesswoman Gretchen Rossi. Since then, he started appearing in the hit reality TV show “The Real Housewives of Orange County”, which helped somewhat in increasing his net worth further. The show started in 2006 airing on Bravo TV, its premise being to show the professional and personal lives of several women residing in Orange County. Rossi started appearing in the show during the fourth season, and Jeff started getting featured on the show when they became engaged. The show also featured his battle with leukemia.
For his personal life, it is known that Jeff was married five times before becoming engaged to Rossi; he passed away in 2008 from leukemia. After his death, his ex-wife and three children started challenging Rossi in the press, claiming the Beitzel never really intended to marry her. The issue was also brought out because it was reported that Jeff left Gretchen several million dollars in his estate. Despite this, Rossi has shrugged off most of the statements against her and even dedicated a social media post to Jeff during the anniversary of his death. She’s also reported to have spent time with his kids, even amidst rumors of infidelity during their relationship. One of Jeff’s children has commented that all the publicity didn’t really matter, because in the end his father loved Rossi.
Billionaires
Gautam Adani Net Worth
Gautam Shantilal Adani was born on the 24th June 1962, in Ahmedabad, Gujarat, India and is a businessman, widely known as a founder and the chairman of the multinational conglomerate Adani Group. Adani has been active in the business of coal mining and gas distribution since 1988.
How much is the net worth of Gautam Adani? It has been estimated by authoritative sources that the overall size of his wealth is as much as $8.8 billion, as of the data presented in the middle of 2017. Adani Group is the main source of Adani’s fortune.
Gautam Adani Net Worth $8.8 Billion
To begin with, the boy with his seven siblings, was raised in Ahmedabad by his parents Shanta and Shantilal Adani. He was educated at the Sheth Chimanlal Nagindas Vidyalaya school, then entered Gujarat University to study commerce, yet he dropped out.
Currently, the billionaire Gautam Adani owns the largest brand of oil in India. The company was founded in 1988, with Gautam the founder and current president. He said he created his Group with a vision of Nation Building, that is to say by developing assets that he believes are important economic issues for the country. The Adani Group has grown rapidly by diversifying into import – export – it opened its own port in Mundra, to better control its trading operations. Construction began in 1995 and in 1998 it became one of the major sources of foreign exchange for India.
The following year, the company embarked on financial and energy speculation with coal trading, and soon created a joint venture (Adani Willmar) in the field of petroleum products trading in 2000. A second phase began for the group with the creation of large infrastructures. The company created a portfolio of ports, power stations, mines and a fleet of ships and railway lines in and out of India. In 2006, the company became the largest importer of coal in India – 11 million tons. Adani sought to be less dependent on the coal market, so he started to buy and control coal mines. Thus, he bought the Australian group Linc Energy, in order to supply the group’s coal-fired power stations. In 2008, he bought the Bunyu mine in Indonesia , with 180 million tons of coal reserves, and the following year, Adani Group became an energy company, producing 330 MW of thermal energy. In 2011, the group also decided to buy the exploitation rights of a large part of the Galilee coal basin in Australia. To prepare for the import of Australian coal, he ordered a large-capacity coal terminal at Mundra (the largest in the world) and in the same year he bought the Australian port of Abbot Point. This project is yet to come to fruition.
In 2012, the Group began a 3rd phase of development as integration infrastructure, renewing its logo and developing a new identity. The company focuses on three areas: resources, logistics and energy. Subsequently, under the direction of Gautam Adani, the Adani Group became a multinational conglomerate active in the production of electricity – especially through coal – and port terminals, logistics and agribusiness. It is India’s largest developer and port operator. The Group is the major source of Gautam Adani’s net worth.
Finally, in the personal life of Gautam, he is married to Priti and they have two children.
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