Wilbur Ross

Wilbur Ross Brief Biography

Wilbur L. Ross, Jr. (November 28, 1937) is an American investor known for restructuring failed companies in industries such as steel, coal, telecommunications, foreign investment and textiles. He specializes in leveraged buyouts and distressed businesses. In 2011, Forbes magazine listed Ross as one of the world's billionaires with a net worth of $1.9 billion. According to a recent New York Times article, he has been bottom-fishing in mortgages and mortgage companies. He apparently commands far greater sums than his net worth would suggest.

Ross was born in Weehawken, New Jersey and grew up well off in suburban New Jersey. His father was a lawyer and his mother a schoolteacher. He serves on the board of advisors of Yale School of Management. His second wife was former New York Lt. Governor Betsy McCaughey Ross, whom he divorced in 2000.

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This webpage uses material from the Wikipedia article "Wilbur_Ross" and is licensed under the GNU Free Documentation License. Reality TV World is not responsible for any errors or omissions the Wikipedia article may contain.

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