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Born into wealth, Sid Richardson Bass, an alumnus of Yale University and Stanford's Graduate School of Business, took reign of his family's oil business in 1968. As a major Disney shareholder until 2001, his investments faltered post-2001's market crash. With a 2020 Forbes 400 ranking of No. 359 and a peak net worth of $3 billion in 2007, Bass is also recognized for sizable donations to Yale and the Metropolitan Opera. His personal life consists of two high-profile marriages and two daughters.
April 09, 1942 in Fort Worth, Texas, U.S.
83 years
Oil, Investments
Energy
United States
Fort Worth, Texas
Master of Business Administration, Stanford University; Bachelor of Arts/Science, Yale University
Anne Hendricks Bass (divorced), Mercedes Bass (divorced)
Hyatt BassSamantha Bass
Perry Richardson BassNancy Lee Bass
Sid Richardson Bass was born on April 9, 1942, in Fort Worth, Texas. His father, Perry Richardson Bass, was a successful oilman who built an oil fortune. Sid grew up in a wealthy family and attended prestigious schools, including Yale University, where he graduated in 1965, and Stanford Graduate School of Business.
Sid Bass: Family
Sid Richardson Bass comes from a prominent family with a long history in the oil industry. His father, Perry Richardson Bass, was a successful oilman who founded Bass Brothers Enterprises. Sid's brothers, Robert and Lee, are also involved in the oil and gas industry. Sid's first marriage was to Anne Hendricks Bass, with whom he had two daughters. His second marriage was to Iranian-American socialite Mercedes Bass, which ended in divorce in 2011.
Sid Bass: Career Highlights
Sid Richardson Bass took control of the family business, Bass Brothers Enterprises, in 1968. Under his leadership, the company expanded its investments in oil and gas, becoming one of the largest privately held oil companies in the United States. Bass also made significant investments in other industries, including real estate, media, and technology.
Sid Bass: Companies
Sid Richardson Bass was involved with several companies throughout his career. He was the chairman and CEO of Bass Brothers Enterprises, the family-owned oil and gas company. Bass also served on the boards of directors of several other companies, including The Walt Disney Company, where he and his family were the largest shareholders from 1984 until 2001.
Sid Bass: Major Achievements
One of Sid Richardson Bass's major achievements was his successful management of Bass Brothers Enterprises. Under his leadership, the company grew significantly and became a major player in the oil and gas industry. Bass also made notable contributions to the arts and education through his philanthropic efforts.
Sid Bass: Awards & Achievements
Sid Richardson Bass received numerous awards and recognitions for his contributions to business and philanthropy.
He was inducted into the Texas Business Hall of Fame in 2001 and received the Horatio Alger Award in 2007. Bass was also recognized for his philanthropic work, including his $20 million gift to Yale University and his $25 million gift to the Metropolitan Opera.
Sid Bass: Personal Life & Legacy
Sid Richardson Bass had a colorful personal life. He was married twice, first to Anne Hendricks Bass and then to Iranian-American socialite Mercedes Bass. Bass was known for his lavish lifestyle and his involvement in the social scene. Despite his personal challenges, Bass left a lasting legacy through his business achievements and philanthropic contributions.
Sid Bass: Trivia
Here are some interesting facts about Sid Richardson Bass:
Sid Richardson Bass is born to Perry Richardson Bass, who built an oil fortune.
Sid Richardson Bass graduates from Yale University.
Sid Richardson Bass takes control of the family business, with investments in oil and gas.
Sid Richardson Bass, along with his father and brothers, becomes the largest shareholder in The Walt Disney Company.
Sid Richardson Bass is forced to sell Disney holdings due to a margin call after the stock market crash.
Sid Richardson Bass has a net worth of $3 billion and ranks No. 359 on the Forbes 400 list of richest Americans.
Sid Richardson Bass ranks No. 359 on the Forbes 400 list of richest Americans.
Sid Richardson Bass makes philanthropic contributions, including $20 million to Yale University for humanities studies and $25 million to the Metropolitan Opera (largest individual gift at the time).
Sid Richardson Bass has two marriages: first to Anne Hendricks Bass (divorced in 1986), with whom he had two daughters, and second to Iranian-American socialite Mercedes Bass (divorced in 2011).
What is Sid Bass's current net worth?
What is Sid Bass's current global rank among billionaires?
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Who is Sid Richardson Bass and what's his connection to the oil industry?
What was Sid Richardson Bass's role in The Walt Disney Company?
How has Sid Richardson Bass contributed to philanthropy?