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PROFILE
Gerald Ford
Managing Member, Ford Financial Fund
$2.7B
$5M (0.20%)
Real Time Net Worth
as of 5/7/24
#1289 in the world todayReflects change since 5 pm ET of prior trading day.
Photo by Scoggin Mayo
About Gerald Ford
- Gerald Ford has been buying distressed banks and turning them around since 1975, when he bought his first bank.
- His first big success was in 2002, when he and his billionaire friend Ronald Perelman sold Golden State Bancorp to Citigroup for $6 billion in stock.
- Ford has a 20% stake in public Hilltop Holdings, which owns PlainsCapital Bank, mortgage originator PrimeLending and investment bank HilltopSecurities.
- Ford's son Jeremy Ford is CEO of Hilltop Holdings and his son-in-law Corey Prestidge is general counsel and executive vice president of the firm.
- Ford's California-based Mechanics Bank has more than $18 billion in assets.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Personal Stats
- Age
- 79
- Source of Wealth
- Banking, Self Made
- Residence
- Dallas, Texas
- Citizenship
- United States
- Marital Status
- Married
- Children
- 6
- Education
- Bachelor of Arts/Science, Southern Methodist University; Doctor of Jurisprudence, Southern Methodist University
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