The Wealth of Foster Friess

Foster Friess’ net worth is $100 Million

Biography of Foster Friess

Foster Stephen Friess, born on April 2, 1940 in Rice Lake, Wisconsin USA, is a well-known businessman and investment manager, renowned for founding Friess Associates. He is also recognized for his strong support for conservative Christian causes. He has been active in his career since 1964.

Ever wondered about the wealth of Foster Friess as of mid-2016? According to reliable sources, his net worth is estimated to be an impressive $100 million, accumulated through his successful involvement in the business industry as an investment manager and company owner.

Foster Friess’ Net Worth $100 Million

Foster, the son of a cattle dealer, spent his early years on the family farm. He attended Rice Lake High School and later pursued a BA degree in Business Administration from the University of Wisconsin. During his time at university, he was actively involved in sports, serving as a track and field athlete and a member of the college basketball team. He also held the distinction of being named valedictorian of his class and one of the “ten most outstanding senior men”, and was a member of the Reserve Officers’ Training Corps. Following his graduation, he sought to become an infantry platoon leader and subsequently served as the intelligence officer for the First Guided Missile Brigade at Fort Bliss, Texas.

Foster’s professional journey in the business industry commenced in 1964 when he ventured into investment management at a firm controlled by the Brittingham family in Wilmington, Delaware. His expertise and skill propelled him to become the Director of Research, significantly enriching his net worth.

In partnership with his wife, Foster established Friess Associates, LLC, an investment management firm. The growth of the company has contributed to the expansion of his wealth and earned him significant recognition in the business world. In 2001, he entered into a partnership with Affiliated Managers Group (AMG), further bolstering his net worth. However, the company was eventually acquired by its employees in 2013.

In his personal life, Foster Friess has been married to Lynnette Estes since 1962, and the couple has four children and eight grandchildren. He is actively involved in politics and is recognized in the media as a born-again evangelical Christian, earning numerous awards for his religious work, including the Horatio Alger Award by the Horatio Alger Association of Distinguished Americans, and the Canterbury Medal from the Beckett Fund for Religious Liberty, among others.

Foster is also a renowned philanthropist, notably establishing the Friess Family Foundation which supports various charities such as Water Missions International, and founding the Friess Family Community Campus.

• Structural Info

ncG1vNJzZmimlazAr7vWp6CgnaKerm%2B6xmiroZ1drLKiuNOhZKieXZu8tMDEq2SfqpmawLR7