J u m p t o c o n t e n t
M a i n m e n u
M a i n m e n u
N a v i g a t i o n
● M a i n p a g e
● C o n t e n t s
● C u r r e n t e v e n t s
● R a n d o m a r t i c l e
● A b o u t W i k i p e d i a
● C o n t a c t u s
● D o n a t e
C o n t r i b u t e
● H e l p
● L e a r n t o e d i t
● C o m m u n i t y p o r t a l
● R e c e n t c h a n g e s
● U p l o a d f i l e
S e a r c h
Search
A p p e a r a n c e
● C r e a t e a c c o u n t
● L o g i n
P e r s o n a l t o o l s
● C r e a t e a c c o u n t
● L o g i n
P a g e s f o r l o g g e d o u t e d i t o r s l e a r n m o r e
● C o n t r i b u t i o n s
● T a l k
( T o p )
1
E a r l y l i f e
2
C a r e e r
3
P h i l a n t h r o p y
4
P e r s o n a l l i f e
5
R e f e r e n c e s
6
E x t e r n a l l i n k s
T o g g l e t h e t a b l e o f c o n t e n t s
R o b e r t B a s s
8 l a n g u a g e s
● ا ل ع ر ب ي ة
● D e u t s c h
● E s p a ñ o l
● ف ا ر س ی
● F r a n ç a i s
● Հ ա յ ե ր ե ն
● م ص ر ى
● Р у с с к и й
E d i t l i n k s
● A r t i c l e
● T a l k
E n g l i s h
● R e a d
● E d i t
● V i e w h i s t o r y
T o o l s
T o o l s
A c t i o n s
● R e a d
● E d i t
● V i e w h i s t o r y
G e n e r a l
● W h a t l i n k s h e r e
● R e l a t e d c h a n g e s
● U p l o a d f i l e
● S p e c i a l p a g e s
● P e r m a n e n t l i n k
● P a g e i n f o r m a t i o n
● C i t e t h i s p a g e
● G e t s h o r t e n e d U R L
● D o w n l o a d Q R c o d e
● W i k i d a t a i t e m
P r i n t / e x p o r t
● D o w n l o a d a s P D F
● P r i n t a b l e v e r s i o n
A p p e a r a n c e
F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
American billionaire of the prominent Bass family, philanthropist and investor
Robert Muse Bass (born 19 March 1948[1] ) is an American billionaire businessman and philanthropist. He was the chairman of Aerion Corporation , an American aerospace firm in Reno, Nevada .[2] In 2018, he had a net worth of $5 billion.[3] Bass has served on the Texas Highway & Public Transportation Commission .[4]
Early life
[ edit ]
Robert Muse Bass was born on 19 March 1948 in Fort Worth, Texas . His father, Perry Richardson Bass , was an investor, philanthropist and sailor. His mother, Nancy Lee Bass , was a philanthropist. He has three brothers: Lee Marshall Bass , Ed Bass , and Sid Bass . His uncle is Sid Richardson .[citation needed ]
Bass attended The Governor's Academy , and graduated from Yale University , where he received a bachelor of arts degree.[5] He received a master in business administration from the Stanford Graduate School of Business .[5]
Career
[ edit ]
Bass's father founded Bass Brothers Enterprises in 1960 after inheriting $11 million from his great uncle Sid W. Richardson in 1959.[6]
In 1985, Robert Bass founded the Robert M. Bass Group as his personal investment company.[4] In 1990, it was renamed Keystone, Inc., after the Keystone Field in West Texas from which the Bass family derived their fortune.[7] He founded Oak Hill Capital Partners as a family office in 1986.[8]
In April 1987, Bass and other owners of TFBA Limited Partnership bought and took private Taft Broadcasting for $1.43 billion.[9]
In March 1988, Bass sold the Plaza Hotel to Donald Trump , thanks to their mutual friend Tom Barrack .[10] In April 1988, he led a buy-out of Bell & Howell .[11] In June 1988, Bass made an offer to purchase Macmillan Inc., the publishing and information company, but the company responded with a restructuring.[4]
Bass formerly served as chairman of the board at Aerion Supersonic , a developer of supersonic business jets. Bass was replaced by Tom Vice as chairman upon the announcement of a partnership between Boeing and Aerion on February 5, 2019.[12]
Philanthropy
[ edit ]
Bass has served as chairman of Stanford University 's board of trustees,[5] Stanford Management Company, the National Trust for Historic Preservation , and Cook Children’s Medical Center . He is a trustee of Stanford University,[5] a director of Stanford Management Company, a trustee of the Brookings Institution ,[13] a trustee of Rockefeller University , Groton School , Middlesex School , and the Amon Carter Museum .
Bass and his wife Anne donated $13 million to fund the renovation of Yale's Cross Campus Library, which was renamed the Bass Library .[14] In 2005, they donated $30 million to the Stanford Graduate School of Business.[15] In 2013, they donated $50 million to Duke University to support Bass Connections, an initiative to encourage cross-disciplinary collaboration and studies.[16] In 2001, Bass and his wife donated $10 million to Duke to strengthen undergraduate teaching. They also donated $10 million in 1996 to establish the Bass Society of Fellows at Duke.[17] They also contributed to the creation of Bass Hall in Downtown Fort Worth (performing arts venue located in Fort Worth, Texas that routinely hosts musical and theatrical performances).[18]
Personal life
[ edit ]
Bass is married to Anne T. Bass.[5] They have four children.[2] One daughter, Margaret, was featured in a Wall Street Journal article as an example of a student whose wealth and family connections helped her receive admission to an elite university.[19] [20] They reside in the town of Westover Hills near Fort Worth, Texas , and also have homes in New York City and in Washington, D.C. [21] [22] [23] They also have a home in Seal Harbor on the southeast side of Mount Desert Island, Maine (south of Acadia National Park ).[24]
References
[ edit ]
^ "The Richest People in America" . Forbes . Archived from the original on September 24, 2010. Retrieved 2015-07-29 .
^ a b c Applebome, Peter (June 5, 1988). "TEXAS DEAL MAKER: Robert M. Bass; A Younger Brother Steps Out on His Own" . New York Times . Retrieved July 3, 2016 .
^ a b c d e Sullivan, Kathleen J. (August 9, 2013). "Robert M. Bass returning to Stanford's Board of Trustees" . Stanford News . Retrieved July 22, 2016 .
^ Leslie Wayne, Perry R. Bass, 91, Patriarch of Famed Texas Oil Family, Dies , The New York Times , June 2, 2006
^ Elkind, BY Peter (24 November 1991). "The Breakup of the Bass Brothers" . The New York Times . Retrieved 14 May 2024 .
^ Flynn, Mary Kathleen (20 September 2018). "Private equity firms embrace big data: Two Six Capital, Oak Hill, Clarion" . The Middle Market . Retrieved 14 May 2024 .
^ Applebome, Peter (5 June 1988). "TEXAS DEAL MAKER: Robert M. Bass; A Younger Brother Steps Out on His Own" . The New York Times . Retrieved 14 May 2024 .
^ Segal, David (January 16, 2016). "What Donald Trump's Plaza Deal Reveals About His White House Bid" . The New York Times . Retrieved July 22, 2016 .
^ "Group Led by Robert Bass Offers $602 Million for Bell & Howell" . The Los Angeles Times . November 26, 1987. Retrieved July 22, 2016 .
^ "Boeing Partners with Aerion, Bets big on Supersonics" . AINonline . February 5, 2019. Retrieved February 5, 2019 .
^ "Board of Trustees" . brookings.edu . 22 July 2016.
^ "Viewers of Le's records may be fired | Yale Daily News | Page 21937" . Yale Daily News. 2009-10-07. Archived from the original on 2009-01-13. Retrieved 2015-07-29 .
^ [1 ] Archived December 11, 2010, at the Wayback Machine
^ "New Initiative Prepares Students for Society's Challenges | Duke Today" . Today.duke.edu. 2013-01-22. Retrieved 2015-07-29 .
^ "$10 Million Gift for Undergrad Education | Duke Today" . Today.duke.edu. 2001-01-26. Retrieved 2015-07-29 .
^ "Bass Performance Hall - Official Website | Home" . www.basshall.com . Retrieved 2021-03-16 .
^ "For Groton Grads, Academics Aren't Only Keys to Ivy Schools" . wsj.com. Retrieved 2015-12-29 .
^ "Connections to University can affect admissions decision" . stanforddaily.com . 13 March 2013.
^ "Robert Bass" . forbes.com .
^ "Robert and Anne Bass live in historic house in Washington, D.C." mcclatchydc.com .
^ "Drop the $8 M.: Robert Bass Pays Shocking $42 Million for Mezzacappa's 834 Fifth Place" . observer.com . 13 February 2012.
^ "Billionair Funds New Faculty Positions at COA" . Bangor Daily News. 28 June 2011. Retrieved 2019-08-23 .
External links
[ edit ]
t
e
Investment strategy
History
Investor types
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Robert_Bass&oldid=1227564603 "
C a t e g o r i e s :
● 1 9 4 8 b i r t h s
● L i v i n g p e o p l e
● B u s i n e s s p e o p l e f r o m F o r t W o r t h , T e x a s
● A m e r i c a n b u s i n e s s p e o p l e
● A m e r i c a n b i l l i o n a i r e s
● Y a l e U n i v e r s i t y a l u m n i
● B e n e f a c t o r s o f Y a l e U n i v e r s i t y
● S t a n f o r d U n i v e r s i t y t r u s t e e s
● P r i v a t e e q u i t y a n d v e n t u r e c a p i t a l i n v e s t o r s
● C o r p o r a t e r a i d e r s
● B a s s f a m i l y
● P e o p l e f r o m W o o d s i d e , C a l i f o r n i a
● S t a n f o r d G r a d u a t e S c h o o l o f B u s i n e s s a l u m n i
● B r o o k i n g s I n s t i t u t i o n p e o p l e
● T h e G o v e r n o r ' s A c a d e m y a l u m n i
H i d d e n c a t e g o r i e s :
● W e b a r c h i v e t e m p l a t e w a y b a c k l i n k s
● A r t i c l e s w i t h s h o r t d e s c r i p t i o n
● S h o r t d e s c r i p t i o n i s d i f f e r e n t f r o m W i k i d a t a
● P a g e s u s i n g i n f o b o x p e r s o n w i t h m u l t i p l e p a r e n t s
● A r t i c l e s w i t h h C a r d s
● A l l a r t i c l e s w i t h u n s o u r c e d s t a t e m e n t s
● A r t i c l e s w i t h u n s o u r c e d s t a t e m e n t s f r o m J u n e 2 0 2 4
● A r t i c l e s w i t h V I A F i d e n t i f i e r s
● A r t i c l e s w i t h G N D i d e n t i f i e r s
● T h i s p a g e w a s l a s t e d i t e d o n 6 J u n e 2 0 2 4 , a t 1 4 : 1 7 ( U T C ) .
● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n .
● P r i v a c y p o l i c y
● A b o u t W i k i p e d i a
● D i s c l a i m e r s
● C o n t a c t W i k i p e d i a
● C o d e o f C o n d u c t
● D e v e l o p e r s
● S t a t i s t i c s
● C o o k i e s t a t e m e n t
● M o b i l e v i e w