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Wilbur Ross
American investor and 39th U.S. Secretary of Commerce / From Wikipedia, the free encyclopedia
Not to be confused with Wilburn K. Ross.
Wilbur Louis Ross, Jr. (born November 28, 1937) is an American politician, investor, businessman and former banker. Ross was the 39th United States Secretary of Commerce from February 28, 2017 to January 20, 2021
Quick Facts 39th United States Secretary of Commerce, President ...
Wilbur Ross | |
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39th United States Secretary of Commerce | |
In office February 28, 2017 – January 20, 2021 | |
President | Donald Trump |
Deputy | Karen Dunn Kelley |
Preceded by | Penny Pritzker |
Succeeded by | Gina Raimondo |
Personal details | |
Born | Wilbur Louis Ross, Jr. (1937-11-28) November 28, 1937 (age 86) Weehawken, New Jersey, U.S. |
Political party | Republican Democratic (Formerly) |
Spouse(s) | Judith Nodine (1961–1995) Betsy McCaughey (1995–2000) Hilary Geary (2004–present) |
Children | 2 daughters (with Nodine) |
Alma mater | Yale University (BA) Harvard University (MBA) |
Net worth | US$2.5 billion (December 2016)[1] |
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Ross is known as the "King of Bankruptcy” for his experience in buying bankrupt companies, primarily in the manufacturing and steel industries, and later selling them for a large profit after operations improve.[2] He was known for restructuring failed companies in industries such as steel, coal, telecommunications, foreign investment and textiles.