Richard Fairbank: Richard Fairbank Net Worth, Biography, Age, Spouse, Children & More

About Richard Fairbank

Richard Dana Fairbank, an American billionaire and co-founder of Capital One Financial alongside Nigel Morris in 1988, has had a distinguished career in the finance sector. A graduate of Stanford University, where he later received the Excellence in Leadership award in 2006, Fairbank has significantly impacted the financial world. His tenure includes roles on the board of directors of MasterCard International between 2004 and 2006, contributions to the Stanford Business School advisory council, the Financial Services Roundtable, and the BITS Technology Forum board. Recognized as a top CEO by Washingtonian and featuring on Worth's list of top 10 CEOs, Fairbank's leadership saw his net worth reach approximately $1.1 billion in 2018. Despite receiving no base salary since 1997, his total compensation hit $22.6 million in 2012, reflecting his invaluable contribution to Capital One's success. Residing at Overlook Farm in Virginia with his wife Chris and their eight children, Fairbank's personal and professional life showcases a blend of success and dedication.

Born

September 01, 1950

Age

75 years

Source Of Wealth

Banking

Industries

Finance & Investments

Citizenship

United States

Residence

McLean, Virginia

Education

Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Economics, Stanford University

Spouse

Chris Fairbank

Children

Richard Dana Fairbank, an American billionaire businessman, was born in 1950. Information about his early years and childhood is not readily available.

Richard Fairbank: Family

Richard Dana Fairbank is married to Chris, and together they have eight children. The family resides at Overlook Farm, located near Gunston Hall on the Potomac River in Virginia.

Richard Fairbank: Career Highlights

Richard Dana Fairbank is best known as the co-founder of Capital One, which he established in 1988 alongside Nigel Morris. He has served as the CEO of Capital One Financial and has been instrumental in the company's growth and success.

Richard Fairbank: Companies

Richard Dana Fairbank is primarily associated with Capital One, where he has held the position of CEO. He has also served on the board of directors of MasterCard International from 2004 to 2006.

Richard Fairbank: Major Achievements

Richard Dana Fairbank has achieved significant milestones throughout his career. He was recognized as the "Business Leader of the Year" by Washingtonian and has been featured on various prestigious lists, including Worth's list of top 10 CEOs and "50 Best CEOs."

Richard Fairbank: Awards & Achievements

In addition to his recognition as "Business Leader of the Year," Richard Dana Fairbank has received the Excellence in Leadership award from Stanford University in 2006. His accomplishments in the business world have garnered widespread acclaim.

Richard Fairbank: Personal Life & Legacy

Richard Dana Fairbank maintains a private personal life. He is known for his philanthropic efforts and has made significant contributions to various charitable causes. His legacy lies in his entrepreneurial success and his impact on the financial services industry.

Richard Fairbank: Trivia

Richard Dana Fairbank has received a base salary of zero dollars since 1997. Despite this, his total compensation has reached substantial amounts, reaching $22.6 million in 2012. His net worth rose to approximately $1.1 billion in January 2018 as Capital One's share price achieved a record high.

Wealth History

Timeline

1972

Earned a bachelor's degree in economics from Stanford University.

1981

Obtained an MBA from the Stanford Graduate School of Business, graduating first in his class.

1988

Co-founded Capital One with Nigel Morris.

1997

Has received a base salary of zero dollars since this year.

2004

Served on the board of directors of MasterCard International.

2006

Received the Excellence in Leadership award from Stanford University.

2009

Earned a total compensation of $6,076,805, including no base salary, no cash bonus, stock awards, option awards, and other compensation.

2012

Total compensation reached $22.6 million.

2018

Net worth rose to about $1.1 billion in January as Capital One's share price hit a record high.

Richard Fairbank : FAQs

What is Richard Fairbank's current net worth?

Richard Fairbank's current net worth is $1.56 billion.

What is Richard Fairbank's current global rank among billionaires?

Richard Fairbank holds the 2496th position globally among billionaires.

What is Richard Fairbank's current ranking within the United States?

Richard Fairbank holds the 779th position in United States.

What was the change in Richard Fairbank's net worth compared to the previous year?

Richard Fairbank's net worth decreased by 64.08 million dollars compared to the previous year 2025, when his net worth was 1.62 billion dollars.

What is the recent change in Richard Fairbank's net worth?

Richard Fairbank's net worth increased by 8.45 million dollars recently, a 0.54% increase, with his net worth standing at 1.56 billion dollars.

What are Richard Fairbank's main sources of wealth?

Richard Fairbank's main source of income comes from Banking.

In which industry does Richard Fairbank primarily operate?

Richard Fairbank is primarily involved in the Finance & Investments industry.

What is Richard Fairbank educational background?

Richard Fairbank holds a Master of Business Administration from Stanford Graduate School of Business and a Bachelor of Arts/Economics from Stanford University.

How old is Richard Fairbank?

Richard Fairbank is 75 years old.

How many children does Richard Fairbank have?

Richard Fairbank has 8 children.

Who is Richard Dana Fairbank and what is he known for?

Richard Dana Fairbank is an American billionaire businessman, best known as the co-founder of Capital One Financial with Nigel Morris in 1988. He has also served on various prestigious boards and councils, including MasterCard International and the Stanford Business School advisory council.

What are Richard Dana Fairbank's significant achievements in the financial industry?

Fairbank has been recognized with several accolades for his contributions to the financial industry, including being named "Business Leader of the Year" by Washingtonian and being featured on Worth's list of top 10 CEOs and "50 Best CEOs." He also played a pivotal role on the board of directors for MasterCard International from 2004 to 2006.

How did Richard Dana Fairbank's education contribute to his career?

Richard Dana Fairbank's education laid a strong foundation for his career. He transferred from Pomona College to Stanford University, where he earned a bachelor's degree in economics and an MBA, graduating first in his class from the Stanford Graduate School of Business. He was also awarded the Excellence in Leadership award by Stanford University in 2006.

What are some key milestones in Richard Dana Fairbank's career at Capital One Financial?

As CEO of Capital One Financial, Richard Dana Fairbank has seen significant milestones, including earning a total compensation of $22.6 million in 2012 and maintaining a base salary of zero dollars since 1997. Under his leadership, Capital One's share price hit a record high, boosting his net worth to about $1.1 billion in January 2018.

Can you tell us about Richard Dana Fairbank's personal life and interests?

Outside of his professional life, Richard Dana Fairbank is married to Chris and is a father to eight children. He resides at Overlook Farm, located near Gunston Hall on the Potomac River in Virginia, indicating his preference for a life integrated with nature and family.