Born o November 28, 1937, Wilbur Ross is an American investor and government official who is the current United States Secretary of Commerce. Before he was appointed as Secretary of Commerce, Ross was a banker known for restructuring failed companies in industries such as steel, coal, telecommunications, foreign investment and textiles. He is often called the “King of Bankruptcy” because of his experience in buying bankrupt companies, primarily in the manufacturing and steel industries, and later selling them for a large profit after operations improve. In February 2017, Forbes magazine reported that Ross has a net worth of $2.5 billion. Read the article below for more information.
Before Fame: He attended Yale University and Harvard University.
Wilbur Ross Parents/Ethnicity/Religion
Born in Weehawken, New Jersey, he is the son of Wilbur Louis Ross Sr., ad Agnes.
Wilbur Ross Affair/Married/Wife
Ross married Judith Nodine in 1961. They divorced in 1995. Together, they had two children, Jessica and Amanda. In 1995, he married his second wife, New York Lt. Governor Betsy McCaughey. They divorced in 2000. On October 9, 2004, Ross married his third wife, Hilary Geary, a society writer for Quest magazine. For more information, contact him on twitter.
— Natl Hurricane Ctr (@NWSNHC) October 6, 2017
Profile / Wiki / Information
- Full Name: Wilbur Louis Ross Jr.
- Nicknames: Wilbur
- Birthday: November 28, 1937
- Age: 79 years old
- Birthplace: Weehawken, New Jersey, US
- Current Residence: United States
- Education: Yale University, Harvard University
- Profession: Investor, Politician
- Political Party: Democratic(before 2016), Republican (2016-after)
- Nationality: American
- Ethnicity/Race: White
- Religion: Not Available
- Zodiac: Sagittarius
- Spouse/Wife: Judith Nodine (m. 1961–95) Betsy McCaughey (m. 1995; div. 2000) Hilary Geary (m. 2004)
- Children: 2
- Net Worth: $2.5 billion USD
- Height: Not Available
- Weight: Not Available
- Feet Size: Not Available
- Dress Size: Not Available
- Shoe Size: Not Available
Trivia/ Facts that you probably didn’t know
- His nickname is “King of Bankruptcy,” as he builds new companies from the assets of defaulted ones.
- Ross is known for investing in distressed companies in a wide range of industries including auto parts, steel, textiles and financial services.
- In the late 1970s, Ross began his 24 year career at the New York City office of N M Rothschild & Sons, where he ran the bankruptcy-restructuring advisory practice.
Banking, I would argue, is the most heavily regulated industry in the world. Regulations don’t solve things. Supervision solves things.
It’s important to have a sound idea, but the really important thing is the implementation.