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# 583 Robert Bass 

$5.60B

Real Time Net Worth
as of 12/23/2024
$3.0M (0.05%)

# 583 Robert Bass 

$5.60B

Real Time Net Worth
as of 12/23/2024
$3.0M (0.05%)
OccupationFounder, Aerion
Source of WealthOil, Investments
Age76
ResidenceFort Worth, Texas
Marital StatusMarried
Children4
EducationMBA, Stanford University; BS, Yale University
Age-Adjusted Net Worth$1.90B
Robert Bass
Robert Bass
United States
Net worth: $5.60B

Self-Made Score 

Mido Ocean Star 600 Chronometer

Wealth History

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Biography

Overview

Robert Muse Bass was born on March 19, 1948, in Fort Worth, Texas, to Perry Richardson Bass and Nancy Lee Bass.
He attended The Governor's Academy and earned a bachelor's degree from Yale University, followed by an MBA from the Stanford Graduate School of Business.
Bass is one of four brothers: Lee Marshall Bass, Ed Bass, and Sid Bass, with Sid being their uncle.
His father, Perry Richardson Bass, founded Bass Brothers Enterprises in 1960 after inheriting $11 million from their great uncle Sid W. Richardson.
Bass has been involved in various investment ventures, including founding the Robert M. Bass Group and Oak Hill Capital Partners.
He served as chairman of Aerion Corporation, an aerospace firm, until its collapse in May 2021.
Bass has served on the Texas Highway & Public Transportation Commission.

Career Highlights

Founded the Robert M. Bass Group in 1985 as his personal investment company.
Established Oak Hill Capital Partners in 1986.
Led a buy-out of Taft Broadcasting for $1.43 billion in April 1987.
Sold the Plaza Hotel to Donald Trump in March 1988.
Acquired Bell & Howell in April 1988.
Formerly served as chairman of Aerion Supersonic, focusing on developing supersonic business jets.

Philanthropy

Served as chairman of Stanford University's board of trustees and Stanford Management Company.
Donated $13 million for the renovation of Yale's Cross Campus Library, which was renamed the Bass Library.
Contributed $30 million to the Stanford Graduate School of Business in 2005.
Gave $50 million to Duke University in 2013 to support Bass Connections.
Contributed $70 million to Duke University and $55 million to Stanford University with his wife Anne.
Supported the creation of Bass Hall in Downtown Fort Worth, a performing arts venue.

Personal Life

Married to Anne T. Bass, they have four children.
Resides primarily in Westover Hills near Fort Worth, Texas, with additional homes in New York City, Washington, D.C., and Seal Harbor, Maine.
One of his daughters, Margaret, received media attention regarding her admission to an elite university.
Bass is an avid sailor, following in the footsteps of his father who was also a sailor.
Maintains a private jet, though his startup Aerion Corporation, focused on supersonic jets, collapsed in May 2021.

Robert Bass's Wealth is Equivalent to:

4,313,318 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,060,170 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

57,264 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Robert Bass?

If you started with $10,000 and invested an additional $500 each month at a 42.82% CAGR, it would take you 5 years to reach Robert Bass's net worth of $5.60B.

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 67.72% compared to 25.94% for the S&P 500 benchmark.

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

Robert Bass 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 Robert Bass, Oil and Investments are the primary sources. 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.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey