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Celebrated Name:
Care Friess
Real Name/Full Name:
Foster Stephen Friess
Gender:
Masculine
Age:
80 years old
Date of birth:
04/02/1940
Place of birth:
Rice Lake, Wisconsin, United States
Nationality:
American
Height:
5 feet 9 inches
Weight:
50kg
Sexual Orientation:
Just
Marital status:
Married
Wife/Spouse (Name):
Lynnette Estes
Children/children (son and daughter):
Yes (Carrie Madden Friesss, Michael Friesss and Steve Friesss)
Date/Girlfriend (Name):
N / A
Is Foster Friess gay?:
no
Profession:
Businessman, politician, philanthropist and political donor
Salary:
no
net worth:
150 million dollars
Last updated:
January 2021
Foster Friess is a famous American businessman, politician, philanthropist, and political donor. In the 2018 Wyoming election, the entrepreneur became the Republican candate. The politicians lost to State Treasurer Mark Gordon. The businessman is a first-generation university graduate.
The businessman is a well-known multi-millionaire and financial investor. Foster was praised in a 2001 BusinessWeek article. The politician was chosen by Friesss as one of the 10 Greatest Fund Managers of the Generation. The businessman’s real name is Foster Stephen Friesss.
You may know Foster Friess very well, but do you know how old and tall he is and what is his 2021 Net Worth? If you don’t know, we have prepared this article with details of Foster Friess Short Biography Wiki, Career, Work Life, Personal Life, Net Worth Today, Age, Height, Weight and More Facts. Well, if you’re ready, let’s get started.
Early Life & Biography
Stephen was born on April 2, 1940 in Rice Lake, Wisconsin, USA. The singer studied at Rice Lake High School. At school he became a member of the basketball and track and field teams. The entrepreneur became a first-generation university graduate. He studied at the University of Wisconsin.
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Foster completed his studies in business administration. At university he became present of the Chi Phi fraternity. He was also enrolled in the Reserve Officers Training Corps. During his studies, the entrepreneur was voted one of the ten most outstanding seniors.
Personal Life
The entrepreneur married Lynnette Estes in 1962. The couple have four children together.
Age, Height, and Weight
Foster Friess was born on April 2nd, 1940 and is 80 years old on January 24th, 2021. He is 5ft 9 tall and weighs 50kg.
Career
After graduating from high school, the entrepreneur was trained as an infantry platoon leader. Foster became an intelligence officer for the 1st Gued Missile Brigade. The politician started his career in investing. He joined the Brittingham family and within a short time became director of research.
After some business experience, the entrepreneur formed his investment management firm called Friesss Associates, LLC. The company had slow success in the early years. They begin managing $15.7 billion in assets. According to Forbes, the Brandywine Fund became the top performer of the decade.
The company worked with the Affiliated Managers Group. In 201, the AMG Group owned more than 70% of the shares in the company. The foster family still owned 10% of the company. In 2013 the company was taken over by his employee. The entrepreneur is politically and conservatively active. In 2006, the businessman donated $250,000 to Rick Santorum’s re-election campaign.
The businessman helps run a political campaign for Rick Santorum. He donated a large amount to his elections. In 2011, the businessman donated $100,000 to Wisconsin Governor Scott Walker. He is an advisor to Turning Point USA, a conservative youth group.
The entrepreneur and his wife run the Friess Family Foundation together. The organization helps with mobile medical services, drinking water facilities and donates money to natural disasters such as Hurricane Katrina, the Indonesian tsunami and the Haiti earthquake. He raised $2 million for the 2004 Indonesia tsunami through the sponsored Matching Grant program. Foster supports Rachel’s Challenge, 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 such as Canterbury Medal, Beckett Fund for Religious Liberty, Adam Smith Award, Albert Schweitzer Leadership Award, Dav R. Jones Award and Medal of Distinction and many more.
Net Worth & Salary of Foster Friess
As of January 2021, Foster Friess net worth is $150 million. Foster is the greatest businessman of all time. The politician is a supporter of several conservative Christian causes
The entrepreneur is a trained infantry platoon commander and also served as an intelligence officer in the US Army. According to CNBC, Foster is the greatest investor of the century. Politicians often joke publicly about his wealth. The businessman made his money with his company called Friesss Associates.
The millionaire was born in a mdle- family. He used his knowledge to build his business empire.
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Foster Friess Age, Net worth: Weight, Wife, Bio-Wiki, Kids 2022
Foster Stephen Friesss Wiki ; Age, 82 years old ; Height, 1.75 m ; Height(s) Feet, 5 feet and 8 inches ; Heights in cm, 175 cm ; Weight(s), 50 kg.
Source: thepersonage.com
Date Published: 5/22/2022
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Foster Friess’s Net Worth, Age, Height, Weight, Wife, Kids, Bio …
Is Foster Friess Gay?: No. Profession: Businessman, Politician, Philanthropist and Political Donor. Salary: No. Net Worth: $150 million.
Source: www.650.org
Date Published: 6/21/2021
View: 8180
Foster Friess – Wikipedia
Foster Stephen Friess (April 2, 1940 – May 27, 2021) was an American investment manager and prominent donor to the Republican Party and to Christian right …
Source: en.wikipedia.org
Date Published: 8/26/2021
View: 2277
Foster Friess Net worth, Wife, Bio, Family, Dies at 81, Cause of …
After being diagnosed with bone marrow cancer in March of the same year, he died on May 27, 2021, at the age of 81. By nationality, he holds an American …
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Date Published: 11/28/2022
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Foster Friess Age, Net worth Weight, Wife, Bio-Wiki, Kids 2022
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Foster Friess
American investment banker and political donor
Foster Stephen Friess (April 2, 1940 – May 27, 2021) was an American investment manager and prominent contributor to the Republican Party and Christian rights. He ran unsuccessfully for the Republican nomination for governor of Wyoming in the 2018 election, losing to State Treasurer Mark Gordon in the primary.
In 1999, CNBC called Friess one of the “great investors of the century.”[1] In a 2001 article, BusinessWeek suggested that Friess “may be the longest surviving successful growth stock picker, having spent 36 years navigating the markets at his own firm since 1974.”
Personal life[edit]
Friess was born on April 2, 1940 in Rice Lake, Wisconsin to Ethel (Foster) and Albert Friess.[2] He grew up on a farm where his father was a cattle dealer.[3] As a student at Rice Lake High School, Friess was first in his class and a member of the basketball and track teams.[4]
A first-generation graduate student, Friess attended the University of Wisconsin (now the University of Wisconsin-Madison), where he earned a degree in business administration. As an undergraduate, he served as President of the Chi Phi Fraternity, enlisted in the Reserve Officers’ Training Corps, and was named one of the “Ten Most Outstanding Elderly Men”. In 1962 he married fellow student Lynnette Estes, with whom he had four children.[5] Friess was a born-again Christian.[6]
Personal style[edit]
Friess in his western outfit
Friess often joked about his wealth in public appearances, but at the same time drew attention to his financial situation.[7] In early 2020, he said on his website that his deal was worth $15 billion.[8] although he told a reporter in 2012 that he was not a billionaire.[9] It is estimated that his fortune at the time was in the hundreds of millions.[10] At an event celebrating Friess’ 70th birthday, he gave away $7.7 million to the guests’ favorite charities.[7] He usually wore a cowboy hat in public. He adopted the western image when he moved to Jackson Hole, Wyoming in 1992. He said he made the move because Wyoming’s lack of an income tax helped him avoid “increasingly onerous” taxes in Pennsylvania. The progressive website ThinkProgress has labeled Friess a financier of Islamophobic campaigns,[11] while he has also made statements in support of gay rights, calling them a religious freedom issue.[12] He made some comments on the subject of birth control, stating that women should just take an aspirin between their knees instead of taking contraceptives.[13]
Career [edit]
After graduating from college, Friess trained as an infantry platoon commander and served as an intelligence officer for the 1st Guided Missile Brigade at Fort Bliss, Texas. In 1964 he began his investment career and joined the Brittingham family-controlled NYSE member firm in Wilmington, Delaware, eventually rising to Director of Research.[14][15]
In 1974, Friess and his wife formed their own investment management firm, Friess Associates, LLC. Although success was slow in its early years, the firm’s assets under management grew to over $15.7 billion. Forbes named the Brandywine Fund, a Friess Associates flagship that boasted an average annual gain of 20% in the decade through 1990, as one of the top performers of the decade.[16]
In 2001, Friess Associates partnered with Affiliated Managers Group (AMG), an asset management firm, to facilitate succession planning and distribute ownership among its affiliates. AMG acquired a controlling interest in Friess Associates in October 2001 and held a 70% interest as of September 2011. A broad group of Friess partners, including executives and researchers, held 20% of the shares, while the Friess family retained 10%. 17] The company was bought by its employees in 2013.[18]
Political activism[edit]
Excerpt from a pro-Santorum newspaper ad sponsored by Friess prior to the 2012 Wisconsin primary
Friess speaks at CPAC 2013
Friess was a longtime mega-donor to the Republican Party, giving millions of dollars to Republican and conservative causes,[19][20] particularly the Christian right.[21][22]
Friess donated $250,000 to Rick Santorum’s re-election campaign in 2006, and at least that amount went to the Republican Governors’ Association.[23] Friess largely funded Santorum’s unsuccessful campaign for the 2012 Republican presidential nomination.[21] Friess was instrumental in keeping Santorum’s ailing campaign alive by funding a super PAC, the Red-White-Blue Fund, which ran TV commercials on behalf of Santorum, which was unable to run a TV campaign with its own funds.[ 24] According to campaign filings with the Federal Election Commission, Friess’ contributions to the Red, White and Blue Fund amounted to more than 40% of his total assets or $331,000 as of December 31, 2011. [25] [26]
After the 2012 New Hampshire Republican primary and before the South Carolina primary, Friess told Politico that he was “putting together a challenge grant to encourage other wealthy donors to donate to the Red, White, and Blue Funds … he said [ the fund] received a check for $1 million in New Hampshire the day after the vote.[27] The multi-million dollar donation was paid in four checks between November 2011 and January 2012.[26]
In addition to Santorum’s faith, pro-life stance, and restrictive foreign policy leanings, the ability to defeat incumbent President Barack Obama was an important part of Friess’ decision to support Santorum’s campaign.[28] Friess was reportedly considering major contributions to American Crossroads, the superpac founded by Republican National Committee Chairman Ed Gillespie and former George W. Bush White House strategist Karl Rove.
Friess also donated $100,000 to Wisconsin Gov. Scott Walker to help thwart the Democratic recall in 2011. He reportedly invested more than $3 million in conservative commentator Tucker Carlson’s website The Daily Caller.[23] At one of the biannual, private seminars held by the Koch brothers in June 2011, Friess was recognized for donating over a million dollars to the Kochs’ political activities.[31]
During an interview with NBC correspondent Andrea Mitchell on contraception, Friess said, “And this contraceptive, my God, it’s so — it’s so — cheap, you know, back in my day, they used Bayer aspirin for birth control. The girls said it between their knees and it wasn’t that expensive.”[26][32]
Friess was also an advisor to Turning Point USA, a conservative youth group, to which he gave seed money.[33]
In October 2017, Friess said he was reviewing a possible Senate nomination by challenging Wyoming Senator John Barrasso for the Republican nomination,[34] at the request of Steve Bannon.[35] In April 2018, however, he instead chose to enter the crowded Republican field to replace incumbent governor Matt Mead. Friess was defeated in the primary, finishing second behind State Treasurer Mark Gordon by 38,951 votes (33%) to 29,842 (25.3%).
Philanthropy[ edit ]
Friess and his wife ran the Friess Family Foundation, which they say includes support for Christian mobile medical services, sponsorship of Water Mission’s work to bring clean water to Malawi, and donations to relief and recovery efforts following natural disasters like Hurricane Katrina. the 2004 Indonesia tsunami and the 2010 Haiti earthquake.[36]
Friess sponsored a matching grants program to raise $2 million for relief efforts for the 2004 Indonesia tsunami and traveled to areas hardest hit by the earthquake and tsunami to meet with local church and organizational leaders to determine the best response efforts [37 ] He sponsored another matching grant for Hurricane Katrina relief efforts, raising more than $4 million.[37]
He supported a YMCA development in Maryvale, Arizona along with several local mentoring and utility organizations.[38] He was the principal donor behind the Friess Family Community Campus, a $3.7 million complex outfitted with soccer, baseball, and softball fields and a running track at Rice Lake High School in his hometown.[39]
Friess also rose to prominence when news of his 70th birthday spread.[40] At the lavish event, he announced he would donate $70,000 to a charity nominated by his guests. He surprised his guests by giving each of their favorite charities $70,000, totaling over $7 million.[7] In addition, Friess was the principal donor to a classical Christian school, the Jackson Hole Classical Academy in Jackson, Wyoming.
Friess has won a number of awards for his religious work, including the 2012 Horatio Alger Award from the Horatio Alger Association of Distinguished Americans,[41] the Canterbury Medal from the Becket Fund for Religious Liberty,[42][43] the Adam Smith Award at Hillsdale College [44] the Albert Schweitzer Leadership Award from the Hugh O’Brian Youth Leadership Foundation[45] the David R. Jones Award for Leadership in Philanthropy[46] and a Medal of Distinction from the University of Delaware[47]
According to his website, in 2016 Friess began supporting Rachel’s Challenge, a nonprofit founded in the name of Rachel Scott, the first victim of the Columbine High School massacre, by matching all donations up to $100,000.[48] Following the 2018 Parkland shooting, Friess gave a $2.5 million challenge grant to groups including the Sandy Hook Promise and Rachel’s Challenge in a USA Today op-ed.
Later life[edit]
Friess was diagnosed with myelodysplasia, a bone marrow cancer, in September 2020.[51] He died on May 27, 2021 in Scottsdale, Arizona at the age of 81.[51][52]
Election history[edit]
2018 Wyoming Gubernational Republican Primary[53] Party Candidate Votes % Total Votes 118,101 100.0
Foster Friess Net worth, Wife, Bio, Family, Dies at 81, Cause of Death Revealed
Foster Stephen Friess was an American investment manager and donor to the Republican Party and right-wing Christian organizations. He ran as a Republican for governor of Wyoming in the 2018 election, but lost to State Treasurer Mark Gordon in the Republican primary.
Foster was named one of CNBC’s “Great Investors of the Century” in 1999. Friess “may be the longest-surviving successful growth stock selector to have navigated the markets in his own company for 36 years since 1974,” according to a 2001 BusinessWeek article.
Foster Friess age, date of birth, birthday, family, what about his father, mother, where is Foster Friess from? Early life
Foster Friess was born on April 2, 1940 in Rice Lake, Wisconsin. After being diagnosed with bone marrow cancer in March of the same year, he died on May 27, 2021 at the age of 81. American nationality and belongs to white ethnicity, to know more about him since he was born on April 2, his zodiac sign is Aries , as those born on April 2 fall under the Aries zodiac sign. However, it is not officially confirmed or stated.
When he talks about his family, their details are kept secret. There is no information about his family and family background. The details of his family and family background are still under investigation. Also on the internet there is not much information about Foster Friess family background and parents. He is also secretive towards his siblings and friends.
The career of Foster Friess
Foster served as an intelligence officer for the 1st Guided Missile Brigade at Fort Bliss, Texas after graduating from college and training as an infantry platoon commander. He began his investment career in 1964 when he joined the Brittingham family member firm on the NYSE in Wilmington, Delaware, where he rose to Director of Research.
Today we lost a great American patriot and follower of Christ. Foster Friess was a man with a big heart and a deep love for America. We know that he will hear the words, “Well done, good and faithful servant” as he enters the gates of heaven. We pray for Lynn and his family. pic.twitter.com/83jgdnsIjg – Ben & Candy Carson (@RealBenCarson) May 27, 2021
Friess and his wife founded Friess Associates, LLC, an investment management company, in 1974. Although success was initially slow, the firm eventually grew to approximately $15.7 billion in assets under management.
Forbes named the Brandywine Fund, a flagship of Friess Associates, as one of the top performers of the decade, with an average annual gain of 20% for the decade through 1990.
In 2001, to facilitate succession planning and distribute ownership among its partners, Friess Associates partnered with Affiliated Managers Group (AMG), an asset management firm. In October 2001, AMG acquired a controlling interest in Friess Associates and owned a 70% stake as of September 2011.
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A diverse group of Friess partners, including executives and researchers, owned 20% of the company, while the Friess family retained 10%. In 2013 the company was bought by its employees.
Nursing Friess net worth, how much has he made from his career?
Speaking about Foster Friess net worth, there is no doubt that he has made and still has a ton of money. According to Wikipedia, he has a net worth of $1.1 billion as of 2021. Which is obvious since he’s one of the most well-known investors in the world.
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Speaking of his wife’s net worth, there is no information on Lynnette Estes’ actual net worth. As previously mentioned, she was an occasional writer writing children’s books as well as a well educated individual who graduated from the University of Wisconsin.
She’s also on the board of directors of the National Cowboy and Western Heritage Museum and acts as a trustee for the NMWA, so she must have significant assets.
Foster Friess wife, is he married? what about kids
Following Foster Friess’ recent death, you may be interested in learning more about his wife. So, here’s everything you need to know about them. Foster Friess was married to his classmate Lynnette Estes. According to Amazon, she was born in 1940, so her current age is estimated to be around 81 years. Lynette and Foster married in 1962 and were together for almost 58 years until Foster’s death.
They had four children together and she is also the grandmother of ten other children over their years together. Her four children are his son Steve Friess, Michael Friess, daughter Carrie Madden Friess and an unknown child.
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To learn more about Lynnette Estes, she is an author and occasionally writes children’s books and fairy tales. She is better known for being the wife of an American former investor and prominent Republican Party donor than for her occasional writing career. Lynette has been seen a lot lately after her spouse passed away on May 27, 2021.
Is it available on any social media platform?
Additionally, he is actively available on social media like Instagram, Facebook, and Twitter with a good following. You can find Foster’s Instagram account under the name @foster_friess. He now has around 6,746 followers on his Instagram.
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He also has an official Facebook under his name with 14k followers and you can find his Twitter account under the name @FosterFriess where he has over 9.9k followers. He joined Twitter in January 2009. Besides, he also has an official website.
Where did he attend his high school and university?
Friess was a first-generation college graduate who received a bachelor’s degree in business administration from the University of Wisconsin (now known as the University of Wisconsin-Madison).
As an undergraduate, he was President of the Chi Phi Fraternity, enrolled in the Reserve Officers’ Training Corps, and was named one of the university’s “Top Ten Distinguished Seniors”. He married his classmate Lynnette Estes in 1962 and they had four children together.
Friess was a senior in his class and a member of the Rice Lake High School basketball and track and field teams.
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Friess claimed to be a devout Christian. Despite his professional success, he was dissatisfied with a “marriage flirting with divorce and emotionally distant children” and subsequently became a born again in October 1978.
People ask too
Foster Stephen Friess was an American investment manager and donor to the Republican Party and right-wing Christian organizations who recently died on May 27, 2021 at the age of 81 after being diagnosed with bone marrow cancer in March of that year.
Foster Friess was born on April 2, 1940 in Rice Lake, Wisconsin. So in 2021 and before his death he was 81 years old.
Foster Friess was married to his classmate Lynnette Estes, who is an occasional author of children’s books and fairy tales. Lynette and Foster married in 1962 and were together for almost 58 years until Foster’s death. They had four children together and she is also the grandmother of ten other children over their years together. Her four children are his son Steve Friess, Michael Friess, daughter Carrie Madden Friess and an unknown child.
According to Wikipedia, he has a net worth of $1.1 billion as of 2021. This is evident as he is one of the most prominent investors in the world.
At an event celebrating his 70th birthday, Friess donated $7.7 million to attendees’ favorite charities, which was split across all tables.
Height, weight of Foster Friess in 2021
Height N/A Weight N/A Hair Eye color Body type Normal Sexual preferences Straight
Foster Friess Facts You Should Know
Nationality American Ethnicity White Zodiac Aries Net worth $1.2B Single/ Married Married Wife Lynette Estes Children Steve Friess (Son)
Michael Friess (son)
Carrie Madden Friess (daughter)
and one more (unknown)
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