Jim Davis (New Balance)
Birthname James S. Davis Birthplace Boston, Massachusetts, U.S. Education Middlebury College Profession Businessman Net worth $5,800,000,000 Source of Wealth Business (New Balance) Nationality American Country United States Marital Status Married (Anne Davis) Children 2Quick Links
Jim Davis has an estimated net worth of $5.Eight billion.
After operating as a gross sales engineer on the Massachusetts-based LFE Corporation and Marketing Manager on the Applied Geodata Systems Division of Techven Associates which could also be founded in Massachusetts, Jim Davis purchased the New Balance which was once then a 6-employee group based in Boston. Today, the company hires more than 4,000 employees.
He served as a board member of the Sporting Goods Manufacturers Association. He is likely one of the contributors of the Board of Trustees of the Sports Museum of New England. He is also one of the contributors of the manager committee of the association of rubber and plastic footwear producers.
Originally, the New Balance emblem maintains its philosophy which is "the brand endorsed by no one" however lately, it is endorsed by means of Heidi Klum. It also become the legit sneakers within the 2011 season.
Earnings & Financial Data
Date | Category | Description | Amount |
|---|---|---|---|
2017 | Earning Turned Donation | Donation to the University of Maine | $5,000,000 |
2016 | Earning Turned Donation | Donation to the Trump Victory Committee | $396,500 |
2015 | Asset | Estimated price of New Balance's construction in Boston that also homes apply arenas for the Boston Bruins and the Celtics as the company's 95% shareholder | $500,000,000 |
2011 | Earning Turned Donation | Donation to Mitt Romney's Super PAC, Restore Our Future | $500,000 |
1972 | Asset | Initial downpayment for New Balance, which he purchased on Marathon Monday in 1972 | $10,000 |
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