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Sid Bass Net Worth, Biography & Wiki 2017
Sid Richardson Bass was born on the 9th April 1942, in Fort Worth, Texas USA, and is a businessman and investor, who is perhaps best known for being the President of Sid R. Bass Associates L.P., and for establishing Buena Venture Associates. He is also recognized as a generous philanthropist. His career has been active since 1969.
So, have you ever wondered how rich Sid Bass is, as of late 2016? According to authoritative sources, it has been estimated that the total size of Sid’s net worth is over $1.9 billion, accumulated through his successful involvement in the business industry.
Sid Bass Net Worth $1.9 Billion
Sid Bass was raised with three brothers in his hometown, the son of Nancy Lee Bass and Perry Richardson Bass, who was known for building an oil fortune with his uncle, Sid W. Richardson. Right after matriculation he enrolled at Yale University, from which he graduated in 1965. He also earned an MA degree from the Stanford Business School in 1969.
Even before he got his MA degree, Sid joined the family business, and took control in his hands. Since then, his career has gone only upwards, and so has his net worth. He made a fortune from investing in oil and gas businesses, but also in the entertainment industry, becoming the largest shareholder of the entertainment giant Walt Disney Company. However, in 2001 he had to sell all of the stocks he held at Disney, due to the margin call.
When it comes to speak about his personal life, Sid Bass has been married twice, firstly to Anne Hendricks Bass, with whom he has a daughter, Hyatt Bass, known in the media as a novelist, and screenwriter. His second wife was Mercedes Kellogg from 1988 to 2011.
He is a well-known philanthropist, making donations to several causes, including education and culture. In 1990 he made a donation of $20 million to his alma mater, Yale University, while in 2006 he donated $25 million to the Metropolitan Opera, which was credited as a gift.