Foster Friess Wiki/Biography
Foster Friess is a well-known American businessman, politician, philanthropist, and political donor. Foster Friess was elected as a Republican candidate in 2018 In Wyoming. State Treasurer Mark Gordon beat the elected officials. First-generation college graduate, the entrepreneur.
The entrepreneur is an established multi-millionaire financier. Foster was praised in a 2001 piece by BusinessWeek. One of the top ten fund managers of his generation was a politician. The businessman’s real name is Foster Stephen Friess.
Foster Friess was born in Rice Lake, Wisconsin, on April 2, 1940. As of 2023, Foster Friess is 82 years old. The performer studied at Rice Lake High School. In high school, he joined the basketball and track teams. As a first-generation college graduate, the entrepreneur completed his studies. He studied at Wisconsin University.
Foster completed his business administration bachelor’s degree. He served as the university’s Chi Phi fraternity’s president. He also participated in the Reserve Officers Training Corps. The businessman was recognized as one of the Ten Most Outstanding Senior Men during his studies.
What is the net worth of Foster Friess?
As of 2023, Foster Friess’s net worth is $150 million. The most prosperous businessman of all time is Foster. The politician backs several traditional Christian causes.
The businessman received training as an infantry platoon leader and served as an intelligence officer in the US Army. Foster is the greatest investor of the century, claims CNBC. Politicians regularly make light of their affluence in public. Through his business, Friess Associates, the entrepreneur gained financial success.
The millionaire came from a middle-class family. He used his knowledge to build an entrepreneurial empire.
Quick facts about Foster Friess
|Celebrated Name:||Foster Friess|
|Real Name/Full Name:||Foster Stephen Friesss|
|Age:||82 years old|
|Birth Date:||April 02, 1940|
|Birth Place:||Rice Lake, Wisconsin, United States|
|Height:||5 ft 9 in|
|Wife/Spouse (Name):||Lynnette Estes|
|Children/Kids (Son and Daughter):||Yes ( Carrie Madden Friesss, Michael Friesss, and Steve Friesss)|
|Is Foster Friess Gay?:||No|
|Profession:||Businessman, Politician, Philanthropist, and Political Donor|
|Net Worth in 2023:||$150 million|
The businessman underwent training to become a military platoon captain after graduating. Foster served as an intelligence officer for the 1st Guided Missile Brigade. The politician started out in business as an investor. He became a member of the Brittingham family and advanced fast to the role of Director of Research.
The businessman founded his investment management company, Friesss Associates, LLC, after getting some business expertise. The company initially had moderate growth. They start taking care of assets worth $15.7 billion. The Brandywine Fund was rated as the best performer of the ten years by Forbes.
The company received assistance from the Affiliated Managers Group. In 2001, AMG Group owned more than 70% of the business. Foster Family still owns 10% of the business. In 2013, one of the company’s workers purchased it. The businessman is active in political and conservative causes. In 2006, the entrepreneur contributed $250,000 to Rick Santorum’s reelection campaign.
The businessman supports the political campaign of Rick Santorum. He gave a lot of money to his political campaigns. In 2011, the billionaire contributed to Wisconsin Governor Scott Walker $100,000. He provides guidance to the conservative youth group Turning Point USA.
The businessman and his wife oversee the Friess Family Foundation. In the wake of natural catastrophes like Hurricane Katrina, the Indonesian tsunami, and the Haiti earthquake, the group provides mobile medical services, clean water facilities, and monetary gifts. Foster Friess raised $2 million through the sponsored matching grant program for the 2004 Indonesian disaster. Foster lends support to Rachel Scott’s non-profit initiative, Rachel’s Challenge.
Foster Friess Awards And Achievements
The businessman received several honors for his services in the religious sector. The Horatio Alger Award and the Muhammad Ali Humanitarian Award were given to the businessman. Foster also earned numerous awards, including the David R. Jones Award and Medal of Distinction, the Canterbury Medal, the Beckett Fund for Religious Liberty, the Adam Smith Award, and the Albert Schweitzer Leadership Award.
Family, Wife, Parents, Kids, Relationship
The businessman wed Lynnette Estes in 1962. Together, they are parents to four kids.
Physical Appearance (Height, Weight)
Foster Friess stands 5 feet 9 inches tall and weighs 50 kilograms.