- Name: Wilbur Ross
- Age: 79 years old
- Height: 5ft 8in (173 cm)
- Occupation: Investor
- Net Worth: US $2.5 Billion
- Status: Alive
Wilbur Ross is an American billionaire investor and former banker. Dubbed the “King of Bankruptcy”, he’s best known for his work with failed companies. He was elected as the 39th United States Secretary of Commerce in February 2017. Wilbur Louis Ross, Jr. was born on November 28, 1937 in Weehawken, New Jersey. His father, Wilbur Sr., was an attorney, and his mother, Agnes, an educator. Ross attended Xavier High School in Manhattan, New York. He completed his Bachelor’s degree in English Literature from Yale University in 1959. Ross earned his MBA from Harvard Business School in 1961. He currently serves on the Board of Advisors at Yale School of Management.
Ross began his career with Rothschild Inc. at their New York City office in 1976. He headed the company’s bankruptcy practices for 20+ years. He represented Donald Trump in the 1980s when his Atlantic City Casinos were faced with foreclosure. Ross launched his own investment firm, WL Ross & Co., in 2000. The firm profited by making investments in distressed businesses. WL Ross & Co. was sold to Invesco in 2006 for approximately $375 million. Ross still serves as the company’s chairman and chief strategy officer.
Ross founded International Steel Group in 2002 and sold it to Mittal Steel Company in 2005 for $4.5 billion in cash and stock. He was also the founder of International Textile Group, a fabric company based in North Carolina. The company was sold to Platinum Equity in 2016. Other companies founded by Ross include International Automotive Components Group (IAC) and the International Coal Group (ICG). ICG was sold to Arch Coal in 2011 for $3.4 billion.
Ross is a former member of the Democratic Party. He became a registered Republican in late 2016. Ross was nominated for the United States Secretary of Commerce by President Donald Trump in November 2016. He was sworn into office on February 28, 2017, succeeding billionaire businesswoman Penny Pritzker.
Wilbur Ross has an estimated net worth of $2.5 billion. He was married to ‘Judith Nodine’ from 1961 to 1995 and they had two daughters, Jessica and Amanda. His second wife ‘Betsy McCaughey’ was a former Lieutenant Governor of New York. Their union lasted from 1995 to 2000. Ross wed his third and current wife ‘Hilary Geary’ in October 2004. Geary is a society writer most notable for her work with Quest magazine.
Wilbur Ross Age, Birthday, Wiki
- Birth Name: Wilbur Louis Ross, Jr.
- Birthday: November 28, 1937
- How Old : Age: 79 years old
- Place of Birth: Weehawken, New Jersey, United States
- Zodiac Sign: Sagittarius
- How Tall : Height: 5ft 8in (173 cm)
- Occupation: Investor, Banker
- Net Worth 2017: US $2.5 Billion
- Marriage(s): Judith Nodine, Betsy McCaughey, Hilary Geary
- Death-O-Meter: Alive