Jim Davis & family

$6.25 B

Ranked #633 in World

About Jim Davis & family

James S. Davis, renowned American billionaire and chairman of New Balance, built his career from humble beginnings to a global brand with a $2.5 billion revenue. Born to Greek immigrant parents in 1943 and educated in Massachusetts, Davis attended Middlebury College, playing football and studying biology and chemistry. He soared from a sales engineer at LFE Corporation to acquiring New Balance in 1972, mapping its evolution into an international powerhouse. A philanthropist, Davis has made notable donations to education and politics, supporting candidates from Mitt Romney to Annissa Essaibi George. As of 2017, his net worth was estimated at $5.1 billion.

Born

May 17, 1943 in Brookline, Massachusetts

Age

82 years

Source Of Wealth

New Balance

Industries

Manufacturing

Citizenship

United States

Residence

Newton, Massachusetts

Education

Bachelor of Arts/Science, Middlebury College

Children

James S. Davis was born in 1943 in Brookline, Massachusetts, to Greek immigrants. He attended Worcester Academy and went on to receive a bachelor's degree in biology and chemistry from Middlebury College in 1966. While in college, he played college football.

Jim Davis & family: Family

James S. Davis is married with two children and resides in Newton, Massachusetts.

Jim Davis & family: Career Highlights

James S. Davis started his career as a sales engineer at LFE Corporation in Waltham, Massachusetts. He then worked as a marketing manager for Applied Geodata Systems Division of Techven Associates in Cambridge, Massachusetts. In 1972, he bought New Balance, transforming it from a 6-employee firm to a global corporation with 4,000 employees and $2.5 billion annual revenue.

Davis has served on various boards, including the Sporting Goods Manufacturers Association, the International Athletic Footwear & Apparel Manufacturers Association, the Two/Ten Foundation, and Citizen's Bank in Providence, Rhode Island.

Jim Davis & family: Companies

James S. Davis is the owner and chairman of New Balance.

Jim Davis & family: Major Achievements

James S. Davis has made significant contributions to the sporting goods industry. He is credited with transforming New Balance from a small company into a global leader in athletic footwear and apparel. He has also been recognized for his philanthropic efforts, including a $5 million donation to the University of Maine.

Jim Davis & family: Awards & Achievements

James S. Davis has received numerous awards and recognitions for his contributions to business and philanthropy. He has been awarded an Honorary Doctorate from Middlebury College, where a library is named after him. He is also a former board member of Middlebury College, Worcester Academy, and Newbury College. Currently, he serves on the board of the Sports Museum of New England and was formerly on the board of the Boston Children's Museum.

In 2017, Davis was ranked 324th richest person globally and 94th in the United States, with an estimated wealth of $5.1 billion.

Jim Davis & family: Personal Life & Legacy

James S.

Davis is a married father of two children. He is known for his philanthropic efforts and has made significant contributions to various educational and cultural institutions. He is also an avid sports fan and has been involved in several sports organizations.

Jim Davis & family: Trivia

James S. Davis is an early investor in Major League Lacrosse.

In 2016, a New Balance senior executive expressed support for then-presidential candidate Donald Trump due to his opposition to the Trans-Pacific Partnership. This led to social media backlash and boycotts of the company.

In 2021, Davis donated $495,000 to a super PAC supporting Boston mayoral candidate Annissa Essaibi George, who advanced to the general election after placing second in the preliminary election.

Wealth History

Timeline

1943

James S. Davis was born in Brookline, Massachusetts, to Greek immigrants.

1966

Davis received a bachelor's degree in biology and chemistry from Middlebury College.

1972

Davis bought New Balance, transforming it from a 6-employee firm to a global corporation with 4,000 employees and $2.5 billion annual revenue.

2017

Davis was ranked 324th richest person globally and 94th in the United States, with an estimated wealth of $5.1 billion.

2021

Davis donated $495,000 to a super PAC supporting Boston mayoral candidate Annissa Essaibi George.

Jim Davis & family : FAQs

What is Jim Davis's current net worth?

Jim Davis's current net worth is $6.25 billion.

What is Jim Davis's current global rank among billionaires?

Jim Davis holds the 633rd position globally among billionaires.

What is Jim Davis's current ranking within the United States?

Jim Davis holds the 242nd position in United States.

What was the change in Jim Davis's net worth compared to the previous year?

Jim Davis's net worth increased by 228.51 million dollars compared to the previous year 2025, when his net worth was 6.03 billion dollars.

What are Jim Davis's main sources of wealth?

Jim Davis's main source of income comes from New Balance.

In which industry does Jim Davis primarily operate?

Jim Davis is primarily involved in the Manufacturing industry.

What is Jim Davis educational background?

Jim Davis holds a Bachelor of Arts/Science from Middlebury College.

How old is Jim Davis?

Jim Davis is 82 years old.

How many children does Jim Davis have?

Jim Davis has 2 children.

Who is James S. Davis and what is he known for?

James S. Davis is an American billionaire businessman, owner, and chairman of New Balance. He is also known for being an early investor in Major League Lacrosse.

What is the background of New Balance's owner James S. Davis?

Born in 1943 to Greek immigrants in Brookline, Massachusetts, James S. Davis attended Worcester Academy, received a bachelor’s degree in biology and chemistry from Middlebury College in 1966, and played college football.

How did James S. Davis build his career before owning New Balance?

James S. Davis started as a sales engineer at LFE Corporation, worked as a marketing manager at Applied Geodata Systems, and then bought New Balance in 1972, which he grew into a global corporation.

Can you tell me about James S. Davis's contributions to education and the community?

Davis has donated $5 million to the University of Maine, received an Honorary Doctorate from Middlebury College, and served on various educational and community boards, including those for museums and colleges.

What are some significant political donations made by James S. Davis?

James S. Davis has made substantial donations to political causes, including $500,000 to Mitt Romney's Super PAC and $400,000 to the Trump Victory Committee, as well as a notable contribution to a Boston mayoral candidate's super PAC in 2021.