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Wilbur Ross

About Wilbur Ross

Wilbur L. Ross, Jr. is an American investor known for restructuring failed companies in industries such as steel, coal, telecommunications, foreign investment and textiles. He specializes in leveraged buyouts and distressed businesses. In 2005, Forbes magazine listed Ross as one of the world's billionaires for the first time. He was ranked #346 the Forbes list of the 400 richest Americans, with an estimated net worth of $1.7B. According to a recent New York Times article, he has been bottom-fishing in mortgages and mortgage companies. He apparently commands far greater sums than his net worth would suggest.

Ross was born November 28, 1937 in Weehawken, New Jersey and grew up well off in suburban New Jersey. His father was a lawyer and his mother a schoolteacher. He serves on the board of advisors of Yale School of Management. His second wife was former New York Lt. Governor Betsy McCaughey Ross, whom he divorced in 2000.

Wilbur Ross in News

World's Fastest Humans: Speed Focused Niche Athletic Apparel Brand Hopes to "Kickstart" Success
Tony Ross has one mission: to redefine Track & Field athletic wear. "There is no clear brand that identifies one of the most participated sports in the world, despite the fact that all athletes run," Ross said.

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