⬅ # 628 João Moreira Salles|# 630 Tahir

# 629 Bill Haslam 

$5.25B

Real Time Net Worth
as of 5/18/2024

# 629 Bill Haslam 

$5.25B

Real Time Net Worth
as of 5/18/2024
OccupationCo-owner, Pilot Flying J
Source of WealthGas Stations
Age65
ResidenceKnoxville, Tennessee
Marital StatusMarried
Children3
EducationBS, Emory University
Age-Adjusted Net Worth$3.75B
Bill Haslam
Bill Haslam
United States
Net worth: $5.25B

Self-Made Score 

Wealth History

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Biography

Early Life and Education

William Edward Haslam was born on August 23, 1958 in Knoxville, Tennessee to Jim Haslam, founder of Pilot Corporation, and Cynthia (Allen) Haslam
Attended Webb School of Knoxville and graduated from Emory University in 1980 with a bachelor's degree in history
Began working part-time in his father's corporation as a teenager, initially planning to pursue a career in teaching and ministry
Returned to Knoxville after graduation to work for Pilot Corporation, eventually rising to become its president in 1995
Member of the Beta Chi chapter of the Sigma Chi International Fraternity

Business Career

Joined Pilot Corporation, founded by his father, in various roles before becoming president in 1995
Left Pilot in 1999 to become CEO of Saks Fifth Avenue's e-commerce and catalog division
Joined the board of Harold's Stores Inc. in 2001 after leaving Saks
Co-owner of the Tennessee Smokies minor league baseball team

Political Career

Elected Mayor of Knoxville, Tennessee, in 2003 and reelected in 2007
Served as mayor until 2011 before running for governor of Tennessee
Won the 2010 Tennessee gubernatorial election as a Republican, serving as governor from 2011 to 2019
Implemented various education reforms including the Tennessee Promise and Tennessee Reconnect programs
Signed legislation such as the IMPROVE Act and bills addressing prescription drug abuse and obesity
Took conservative stances on issues such as abortion and same-sex marriage

Post-Governorship Activities

Became a visiting professor of political science at Vanderbilt University in the fall of 2019
Agreed to become the majority owner of the NHL's Nashville Predators by July 1, 2025, starting in June 2022
Appointed as national co-chair of U.S. Senator Tim Scott's 2024 presidential campaign in May 2023
Speculation arose about a potential run for U.S. Senate after Senator Lamar Alexander announced he would not seek re-election, but Haslam announced he would not run in July 2019

How long would it take you to become as rich as Bill Haslam?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Bill Haslam's net worth of $5.25B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Bill Haslam is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Bill Haslam, Gas Stations is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey