Business

Foster Friess Net Worth

Foster Friess Net Worth is
$100 Million

Foster Friess Bio/Wiki, Net Worth, Married 2018

Foster Stephen Friess (created April 2, 1940) is an American businessman and supporter of conservative Christian causes. In a 2001 article, “Business Week” implied Friess “might be the longest-living successful growth stock picker, having browsed marketplaces for 36 years, in his own business since 1974.”

In 1964, he started his investment career, joining the Brittingham family-managed NYSE member company in Wilmington, Delaware, where he finally rose to the job of Director of Research. In 1974, Friess and his wife started their particular investment management company, Friess Associates, LLC. Although success came slowly in its early years, the company grew to over $15.7 billion in assets managed. Forbes named the Brandywine Fund, a Friess Associates main that boasted a mean of 20% annual increases in the 1990s, as among the decade’s top performers. In 2001, Friess Associates partnered with Affiliated Managers Group (AMG), an asset-management firm, to facilitate succession planning also to distribute possession among its associates. AMG obtained a majority interest in Friess Associates in October 2001 and held a 70% interest at the time of September 2011. An extensive group of Friess associates, including senior management and research workers, held 20% equity ownership, while the Friess family kept 10%. Friess continues to be an active patron of spiritual and traditional causes. He’d given $250,000 to Santorum’s reelection campaign in 2006, and at least that sum to the Republican Governors’ Association. The Million-dollar gift was expressed in four checks between November, 2011 and January, 2012.

Foster Friess Net Worth $100 Million Dollars

Source
IMDB Wikipedia


Full NameFoster Friess
Net Worth$100 Million
Date Of BirthApril 2, 1940 (age 75
Place Of BirthRice Lake, Wisconsin, United States
ProfessionBusinessperson
EducationUniversity of Wisconsin-Madison
NationalityUnited States of America
SpouseLynnette Estes
ChildrenMichael Friess, Carrie Madden Friess, Steve Friess

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