Age, Biography and Wiki
J. Christopher Flowers is an American private equity investor and philanthropist. He is the founder and managing partner of J.C. Flowers & Co., a private equity firm specializing in financial services investments. He is also the chairman of the board of directors of the J. Christopher Flowers Foundation, a philanthropic organization that supports education, health, and the environment.
Flowers was born in California and raised in Texas. He graduated from the University of Texas at Austin in 1979 with a degree in economics. He then attended Harvard Business School, where he earned an MBA in 1983.
Flowers began his career at Goldman Sachs, where he worked in the Mergers and Acquisitions Department. In 1998, he left Goldman Sachs to found J.C. Flowers & Co. Since then, the firm has invested in a variety of financial services companies, including American International Group, Fidelity National Financial, and SunGard Data Systems.
In addition to his business activities, Flowers is a philanthropist. He is the chairman of the board of directors of the J. Christopher Flowers Foundation, which supports education, health, and the environment. He is also a member of the board of trustees of the University of Texas at Austin and a member of the board of directors of the American Museum of Natural History.
| Popular As |
James Christopher Flowers |
| Occupation |
Private equity |
| Age |
67 years old |
| Zodiac Sign |
Scorpio |
| Born |
27 October 1957 |
| Birthday |
27 October |
| Birthplace |
California, United States |
| Nationality |
United States |
We recommend you to check the complete list of Famous People born on 27 October.
He is a member of famous with the age 67 years old group. He one of the Richest who was born in United States.
J. Christopher Flowers Height, Weight & Measurements
At 67 years old, J. Christopher Flowers height not available right now. We will update J. Christopher Flowers's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is J. Christopher Flowers's Wife?
His wife is Anne Flowers
| Family |
| Parents |
Not Available |
| Wife |
Anne Flowers |
| Sibling |
Not Available |
| Children |
Two daughters; two step-daughters |
J. Christopher Flowers Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is J. Christopher Flowers worth at the age of 67 years old? J. Christopher Flowers’s income source is mostly from being a successful . He is from United States. We have estimated
J. Christopher Flowers's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
est. $1.18 billion (as of July 2017) |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
|
J. Christopher Flowers Social Network
Timeline
In 2016, Flowers took a stance on the growing fintech sector, stating that it would "mostly end in tears" because “the tech idea that you must get big fast and dominate a sector" is not transferable to the financial-services sector.
Flowers joined the Kasparov Chess Foundation Board in February 2015.
In June 2014, Flowers completed the first public listing of a British bank on the London Stock Exchange’s main market for more than a decade when he floated U.K. bank OneSavings Bank (OSB), a small business and mortgage lender he bought into in 2010. Later that year he argued that banking regulations in the wake of the 2008 financial crisis had depressed profitability so much that lenders would struggle to attract enough investors to survive the next financial crisis. In 2016, Fortune reported that he suffered heavy losses from the Brexit vote, largely as a result of private equity investments in OSB; however, by 2018, Flowers had completely exited OSB in one of the most profitable recent financial services deals.
In September 2008, Flowers also purchased the First National Bank of Cainesville, a regional bank in Missouri, renaming it Flowers National Bank. Flowers sold the bank to Farmers Bank of Northern Missouri in 2016.
After an unsuccessful attempt to arrange an acquisition of Sallie Mae in 2007, Flowers became deeply involved in the financial crisis of September 2008. He was approached by AIG to advise it on avoiding an imminent financial collapse. Flowers was well acquainted with Treasury Secretary Henry Paulson from their days together at Goldman Sachs, and was among the first to warn Paulson of the impending disaster at AIG. Flowers continued to advise Bank of America as it gave up on a Lehman acquisition and went on to acquire Merrill Lynch. Flowers's role in the crisis was portrayed by Michael O'Keefe in the 2011 HBO film Too Big to Fail.
J Christopher Flowers is the founder of the Anne and Chris Flowers Foundation and the J.C. Flowers Foundation. The J.C Flowers Foundation has local African teams in Angola, Namibia, Zambia and Zimbabwe, as well as Harlem in the US. In 2004, the Flowers Foundation launched NetsforLife, a partnership working with Episcopal Relief & Development to fight malaria in Africa. Flowers also co-founded the Isdell:Flowers Cross Border Malaria Initiative and supports the Harlem Parolee Initiative.
Flowers established the Woodford L. and Ann A. Flowers University Professorship at Harvard in honor of his parents in 2003. The current professor endowed by the fund is George Whitesides. Flowers also participated in the creation of the Harvard Professorship Challenge Fund in 2006, a $50 million fund to endow further professors.
Flowers was the main partner of Ripplewood Holdings CEO Tim Collins in the 2000 acquisition of Long-Term Credit Bank of Japan to form Shinsei Bank. He became a director of Shinsei Bank in March 2000 and continues to hold that position. Shinsei's initial public offering in 2004 netted a profit of approximately $1 billion for himself and $7 billion total for his investment group. However, the value of the investor group's stake decreased in the following years.
In 1998, Flowers founded J.C. Flowers & Co., a private equity advisory and fund management firm which has acquired major equity stakes in Shinsei, NIBC Bank, HSH Nordbank and other financial institutions. As of 2017, the company manages assets of US $6.7 billion.
Flowers worked at Goldman Sachs for 19 years starting in March 1979, and was a founder of Goldman's lucrative financial institutions merger practice in the 1980s. Flowers was named partner in 1988, the same year as former Goldman CEO Lloyd Blankfein and former Merrill Lynch CEO John Thain. At 31, he was one of the youngest Goldman Sachs partners in history. Flowers retired from Goldman in 1998, one of fifteen partners to leave the bank prior to its 1998 initial public offering.
James Christopher Flowers (born October 27, 1957) is an American private equity investor and investment manager focused on the financial services industry. He is a Managing Director and CEO of J.C. Flowers & Co., and a member of the firm's Management Committee.
