Sid Bass

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For the American songwriter, see Sid Bass (songwriter).

Sid Bass
Born (1942-04-09) April 9, 1942 (age 79)
Fort Worth, Texas, U.S.
EducationYale University
Stanford University
OccupationInvestor, philanthropist
Spouse(s)Anne Hendricks Bass (divorced)
Mercedes Bass (divorced)
ChildrenHyatt Bass Samantha Bass
Parent(s)Perry Richardson Bass
Nancy Lee Bass
RelativesSid W. Richardson (great-uncle)
Lee Bass (brother)
Ed Bass (brother)
Robert Bass (brother)
Josh Klausner (son-in-law)

Sid Richardson Bass (born April 9, 1942) is an American billionaire investor and philanthropist.

Early life[]

Sid Richardson Bass was born on April 9, 1942. His father, Perry Richardson Bass (died 2006), built an oil fortune with uncle, Sid W. Richardson. He graduated from Yale University in 1965,[1] and also has a degree from the Stanford Business School.

Career[]

Bass took control of the family business in 1968. His investments include oil and gas. Along with his father and two of his brothers, he was the largest shareholder in The Walt Disney Company from 1984 until after the stock market crash in 2001. Bass was forced to sell his Disney holdings as a result of a margin call.

In 2007, he had a net worth of US$3 billion.[2]

In 2020, he was ranked No.359 in the Forbes 400 list of the richest people in America.[3]

Philanthropy[]

Bass donated $20 million to Yale University for the study of humanities in 1990.[1] In 2006, Bass and his second wife, Mercedes Bass, made a gift of $25 million to the Metropolitan Opera, at the time the largest individual gift in the company's history.[4]

Personal life[]

His first wife was Anne Hendricks Bass. Their marriage produced 2 daughters, one being author Hyatt Bass, and ended in divorce in 1986.[5] In 1988, Bass married the Iranian socialite Mercedes Bass (the former Mercedes Kellogg, née Mercedes Tavacoli). This marriage ended in divorce in 2011, producing no children.[6][7]

References[]

  1. ^ a b "Yale Gets Gift of $20 Million From Bass Family (Again)". The New York Times. October 6, 1990. Retrieved October 8, 2011.
  2. ^ "The World's Billionaires No. 275 Sid Bass". Forbes. October 2, 2019. Retrieved December 27, 2019.
  3. ^ "Sid Bass". Forbes. Retrieved October 15, 2020.
  4. ^ Daniel J. Wakin (January 5, 2006). "Metropolitan Opera, in Tight Times, Receives Record Gift of $25 Million". The New York Times. Retrieved October 8, 2011.
  5. ^ Sid Bass and Mercedes Kellogg Stun Society. New York Magazine. October 20, 1986. Retrieved October 8, 2011.
  6. ^ "Archived copy". Archived from the original on October 18, 2011. Retrieved October 7, 2011.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ^ Eric Wilson (October 14, 2011). "An '80s Scandal Comes to a Quiet End". New York Times. Retrieved November 27, 2014.
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