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George Kaiser, an American billionaire from Tulsa, Oklahoma, emerges as a prominent name in finance and philanthropy. Born on July 29, 1942, he chairs BOK Financial Corporation and was ranked as the 476th wealthiest individual globally as of September 2021. A Harvard alumnus, Kaiser pivoted from a potential U.S. Foreign Service career to grow Kaiser-Francis Oil Company and expand BOK Financial. A discrete philanthropist, he has significantly contributed to reducing childhood poverty and bolstering education through his foundation. Politically, Kaiser leans toward the Democratic Party, having supported Barack Obama's 2008 campaign.
July 29, 1942
83 years
Oil & Gas, Banking
Energy
United States
Tulsa, Oklahoma
Bachelor of Arts/Science, Harvard University; Master of Business Administration, Harvard University
George Kaiser, the American billionaire businessman, was born on July 29, 1942, in Tulsa, Oklahoma. He attended Central High School in Tulsa and went on to earn a Bachelor of Arts degree from Harvard College in 1964 and an MBA from Harvard Business School in 1966. After briefly considering joining the U.S. Foreign Service, he returned to Tulsa in 1966 to work for his father.
George Kaiser: Family
George Kaiser has been married twice. His first wife, Betty Eudene, was a prominent literacy advocate. They had three children together: Philip, Leah, and Emily. His second wife, Myra Block, is a curator, authority on fiber art, and founder of 108 Contemporary. Kaiser divides his time between Tulsa, Oklahoma, and San Francisco, California.
George Kaiser: Career Highlights
George Kaiser's career has been marked by significant achievements in the oil and gas, banking, and professional sports industries. In 1969, he took control of Kaiser-Francis Oil Company after his father's heart attack and transformed it into the 23rd largest nonpublic energy exploration company in the United States by 2010. In 1990, he bought Bank of Oklahoma out of Federal Deposit Insurance Corporation receivership and expanded it from a 20-branch company in Oklahoma to a $23.9 billion bank with operations in nine states. He also owns 61.5 percent of BOK. Additionally, Kaiser bought Tom L. Ward's interest in The Professional Basketball Club, which owns the Oklahoma City Thunder of the National Basketball Association.
George Kaiser: Companies
George Kaiser has been involved with several notable companies throughout his career. He is the Chairman of BOK Financial Corporation in Tulsa, Oklahoma, and owns 61.5 percent of the company. He also has significant interests in the oil and gas industry through Kaiser-Francis Oil Company and in professional sports as the owner of the Oklahoma City Thunder.
George Kaiser: Major Achievements
George Kaiser's major achievements include transforming Kaiser-Francis Oil Company into a leading energy exploration company, expanding Bank of Oklahoma into a multi-state financial institution, and acquiring the Oklahoma City Thunder basketball team.
He has also made significant contributions to the Tulsa community through his philanthropic efforts.
George Kaiser: Awards & Achievements
George Kaiser has received numerous awards and recognitions for his business acumen and philanthropic contributions. He was listed third on BusinessWeek's 2008 list of the top 50 American philanthropists and has been recognized for his work in fighting childhood poverty, supporting the Jewish community, and promoting early education and healthcare.
George Kaiser: Personal Life & Legacy
George Kaiser is known for his private nature and avoids publicity. He does not attend society functions and rarely gives interviews. He is affiliated with the Egalitarian Conservative Congregation B'Nai Emunah and divides his time between Tulsa, Oklahoma, and San Francisco, California. Kaiser is known for his strong work ethic, working 70 hours a week, with half his time dedicated to philanthropy and the rest to his business interests.
George Kaiser: Trivia
George Kaiser is an avid art collector and has a particular interest in contemporary art. He has also made significant investments in renewable energy and sustainable development initiatives. Kaiser is a strong advocate for eliminating or reducing tax incentives for the oil and gas industry to fund healthcare, education, or tax cuts for other taxpayers.
George Kaiser is born in Tulsa, Oklahoma.
Earns a BA from Harvard College.
Earns an MBA from Harvard Business School.
Returns to Tulsa to work for his father's oil company, Kaiser-Francis Oil Company.
Takes control of Kaiser-Francis Oil Company after his father's heart attack.
Buys Bank of Oklahoma out of Federal Deposit Insurance Corporation receivership.
Listed third on BusinessWeek's list of the top 50 American philanthropists.
Kaiser-Francis Oil Company becomes the 23rd largest nonpublic energy exploration company in the U.S.
Solyndra Corporation, which Kaiser invested in, files for bankruptcy.
Named one of the top 50 American philanthropists.
George Kaiser is the 476th richest person in the world.
What is George Kaiser's current net worth?
What is George Kaiser's current global rank among billionaires?
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What role has George Kaiser played in politics and philanthropy?