Age, Biography and Wiki
George M. Ferris Jr. is an American banker and philanthropist. He was born on March 11, 1927 in Washington, D.C. He is the son of George M. Ferris Sr., a prominent banker and philanthropist.
Ferris Jr. attended the University of Virginia, where he earned a Bachelor of Arts degree in 1949. He then attended Harvard Business School, where he earned a Master of Business Administration degree in 1951.
Ferris Jr. began his career in banking in 1951, when he joined the First National Bank of Washington, D.C. He rose through the ranks and eventually became the bank's president in 1965. He served in this role until his retirement in 1989.
Ferris Jr. is a philanthropist and has served on the boards of numerous organizations, including the National Symphony Orchestra, the Corcoran Gallery of Art, the National Gallery of Art, and the Smithsonian Institution. He is also a member of the Council on Foreign Relations.
Ferris Jr. is 81 years old and has a net worth of $100 million. He is married to his wife, Mary, and they have two children.
Popular As |
N/A |
Occupation |
Investment banker and philanthropist |
Age |
81 years old |
Zodiac Sign |
Pisces |
Born |
11 March, 1927 |
Birthday |
11 March |
Birthplace |
Washington, D.C. |
Date of death |
October 20, 2008 - George Washington University Hospital George Washington University Hospital |
Died Place |
George Washington University Hospital |
Nationality |
United States |
We recommend you to check the complete list of Famous People born on 11 March.
He is a member of famous banker with the age 81 years old group.
George M. Ferris Jr. Height, Weight & Measurements
At 81 years old, George M. Ferris Jr. height not available right now. We will update George M. Ferris Jr.'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
Family |
Parents |
Not Available |
Wife |
Not Available |
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Not Available |
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Not Available |
George M. Ferris Jr. Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is George M. Ferris Jr. worth at the age of 81 years old? George M. Ferris Jr.’s income source is mostly from being a successful banker. He is from United States. We have estimated
George M. Ferris Jr.'s net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
banker |
George M. Ferris Jr. Social Network
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Timeline
In June 2008, he sold Ferris Baker Watts to Dain Rauscher Wessels, a subsidiary of the Royal Bank of Canada for US$230 million.
He donated to the Boys & Girls Clubs of Greater Washington, where he served as chairman in 2008. He was an avid donator along with the Ferris Family Foundation to the Boys and Girls Clubs. He was an officer of the Federal City Council, a non-profit organization in Washington, D.C., and co-chaired a committee on improving public schools in the city. He also served as campaign Chairman for the National Symphony Orchestra, Vice Chairman of the Smithsonian National Museum of American History and general campaign Chairman for the United Way of America. Shortly after his death in 2008, the Boys and Girls Clubs of Greater Washington named a clubhouse in honor of George M. Ferris Jr, becoming the George M. Ferris clubhouse, located in Washington DC.
His first marriage to Helen Willard, with whom he had two children, George Ferris III and W. Bradley Ferris, ended in divorce. He was then married to Nancy Strouce Ferris, who had one daughter Karen Kelly from her prior marriage, for forty-four years and with whom he also had a daughter, Kimberly Ferris, and a son, David Ferris. He was a member of the Metropolitan Club, the Burning Tree Club and the Chevy Chase Club. He had cancer, but he died of a heart attack on October 20, 2008 at the George Washington University Hospital. A memorial service was held later at All Saints Church in Chevy Chase, Maryland. His ashes are currently held at All Saints Church.
He served as Chairman of the President's Task Force on International Private Enterprise. Starting 1960, he worked for the United States Agency for International Development, spurring private-sector development by establishing stock exchanges and other financial infrastructure. In the 1990s, he led a commission that released a scathing report of the way the USAID was run. He also served as a consultant to the World Bank.
He joined his family business, Ferris & Co., shortly after graduate school in 1950. In 1988, it became Ferris, Baker Watts after a merger with Baker, Watts & Co., a Baltimore brokerage firm founded in 1900 by Sewell S. Watts Sr. and William G. Baker Jr. The bank attracted assets from high-tech businesses and government contractors. It has forty-two branches in eight states. He retired in 1997 and became chairman of the board. He also sat on the Board of Governors of the New York Stock Exchange and served as President of the Investment Bankers Association of America for three terms. He sat on the board of TCA TrustCorp of America and Marshfield Associates.
George M. Ferris Jr. (1927–2008) was an American investment banker and philanthropist.
George Malette Ferris Jr. was born in Washington, D.C. on March 11, 1927. His father was George M. Ferris, founder and former president and chairman of the Washington Stock Exchange, now part of the Philadelphia Stock Exchange. He grew up in Chevy Chase, Maryland, and graduated from the St. Albans School in 1944. He received a Bachelor of Science in Engineering from Princeton University in 1948, where he was a member of Phi Beta Kappa, and an M.B.A. from the Harvard Business School in 1950.