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 Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...

in 1965, and also has a degree from the Stanford Graduate School of Business.

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 The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment industry, entertainment conglomerate (company), conglomerate headquartered at the Walt Disney Studios (Burbank), Walt Disney Stud ...

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 ''Margin Call'' is a 2011 American drama film written and directed by J. C. Chandor in his feature directorial debut. The principal story takes place over a 24-hour period at a large Wall Street investment bank during the initial stages of the ...

. In 2007, he had a net worth of US$3 billion. In 2020, he was ranked No.359 in the Forbes 400 list of the richest people in America.

Philanthropy

Bass donated $20 million to Yale University for the study of humanities in 1990. 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.

Personal life

His first wife was

Anne Hendricks Bass Anne Hyatt Hendricks Bass (October 19, 1941 – April 1, 2020) was an American investor, documentary filmmaker, philanthropist and art collector. She was the former wife of billionaire oilman Sid Bass. She directed the 2010 documentary film ''Dan ...

. Their marriage produced 2 daughters, one being author

Hyatt Bass Hyatt Bass (born 1969) is an American novelist and philanthropist. Early life and education Her father, Sid Bass, is an oil heir and business executive.Laurie MuchnickHyatt Bass, Sid’s Daughter, Pens Dad With Big Ego: Book Review ''Bloomberg'' ...

, and ended in divorce in 1986. 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.

References

{{DEFAULTSORT:Bass, Sid 1942 births Living people People from Fort Worth, Texas Businesspeople from Texas Yale University alumni Stanford Graduate School of Business alumni American businesspeople in the oil industry American billionaires