Foster Friesss is a famous American businessman, politician, philanthropist, and political donor. In the 2018 Wyoming Election, the entrepreneur became the Republican candidate. The politicians lost to State Treasurer Mark Gordon. The businessman is a first-generation college graduate.
The businessman is a famous multi-millionaire financial investor. Foster was praised BusinessWeek in 2001 article. The politician was named Friesss among the 10 Greatest Fund Manager of the Generation. The real name of the businessman is Foster Stephen Friesss.
Maybe you know about Foster Friess very well, but do you know how old and tall is he and what is his net worth in 2021? If you do not know, we have prepared this article about details of Foster Friess’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Stephen was born on02 April 1940 in Rice Lake, Wisconsin, United States. The singer studied at Rice Lake High School. In school, he became a member of the basketball and track teams. The entrepreneur became a first-generation college graduate. He studied from the University of Wisconsin.
Foster completed his degree in business administration. In University, he became president of Chi Phi fraternity. He was also enrolled in the Reserve Officers Training Corps. While studying, the entrepreneur was named Ten Most Outstanding Senior Men.
The entrepreneur married Lynnette Estes in 1962. The couple has four children together.
Age, Height, and Weight
Being born on 02 April 1940, Foster Friess is 80 years old as of today’s date 4th February 2021. His height is 5 ft 9 in tall, and his weight is 50 kg.
After completing graduation, the entrepreneur was trained as an infantry platoon leader. Foster became the intelligence officer for the 1st Guided Missile Brigade. The politician started his career in investment. He joined the Brittingham family, and within a short period, he became Director of Research.
After some business experience, the entrepreneur started his investment management firm named Friesss Associates, LLC. The company received success slowly in the early years. They start managing assets with the worth of $15.7 billion. According to Forbes, the Brandywine Fund became the top performer of the decade.
The company collaborated with Affiliated Managers Group. In 201, AMG Group owned more than 70% interest in the company. Foster Family still owned 10% of the company. In 2013, the company was acquired by its employee. The entrepreneur is active in political and conservative activates. In 2006, the businessman donated $250,000 to Rick Santorum’s re-election campaign.
The businessman helps in running a political campaign for Rick Santorum. He contributed a big amount for his elections. In 2011, the businessman donated $100,000 to Wisconsin Governor Scott Walker. He is an advisor of Turning Point USA, which conservative youth group.
The businessman and his wife together run Friess Family Foundation. The organization helps in mobile medical services, clean water facilities, and donating money in a natural disaster like Hurricane Katrina, the Indonesian tsunami and Haiti earthquake. He raised $2 million for the 2004 Indonesian tsunami by the sponsored matching grant program. Foster supports Rachel’s Challenge, which is a non-profit organization founded by Rachel Scott.
Awards & Achievements
The entrepreneur received several awards in the field of religious work. The businessman received the Horatio Alger Award and the Muhammad Ali Humanitarian Award. Foster received several others like Canterbury Medal, Beckett Fund for Religious Liberty, Adam Smith Award, Albert Schweitzer Leadership Award, David R. Jones Award and Medal of Distinction, and many more.
Net Worth & Salary of Foster Friess in 2021
As of February 2021, The net worth of Foster Friess is $150 million. Foster is the greatest businessman of all time. The politician is a supporter of several conservative Christian causes
The entrepreneur is trained as an Infantry Platoon Leader and also served as an intelligence officer In the United States Army. According to CNBC, Foster is the century’s great investors. The politicians often joke in public about his wealth. The businessman created his money from his company named Friesss Associates.
The millionaire was born in a middle-class family. He used his knowledge to build his Business Empire.