BillionaireNet
Bass
Edward Bass
Rank #1431
UNITED STATESEnergyOil, investments

Edward Bass

Net Worth
$2.809B
-0.16% (24h)
Edward Perry "Ed" Bass is an American businessman, financier, philanthropist, and environmentalist. Born in Fort Worth, Texas, in 1945, Bass is a prominent figure in the energy industry, with oil and investments as his primary source of wealth. His net worth is estimated at $2.8 billion as of 2024. Bass is known for his extensive philanthropic work, including significant donations to Yale University and the University of Arizona. He is also recognized for his involvement in urban redevelopment projects and environmental conservation efforts.

The Full Dossier

Early Life and Education

Edward Perry "Ed" Bass was born on September 10, 1945, in Fort Worth, Texas. He is the second-oldest of four sons. Bass graduated from Yale University in 1967 with a bachelor's degree in administrative science. He also served in the United States Coast Guard.

Rise to Success

Bass inherited a fortune from his uncle, Sid Richardson. He and his brothers built on this inheritance through investments in oil and pipelines. In early 2017, Bass and his brothers sold their oil company to ExxonMobil for $5.6 billion in stock. Bass is the chairman of Fine Line, an investment and venture-capital management firm.

Key Business Strategies

Bass is involved in the energy industry. He is known for his investments and has diversified his holdings over the years. Bass also owns Sundance Square, a 37-block area of downtown Fort Worth dedicated to historical preservation and community building.

Philanthropy

Edward Bass is also a well-known philanthropist. His contributions include major donations to Yale University, including the Edward P. Bass Distinguished Visiting Environmental Scholars Program, and support for the Peabody Museum renovation. He has also supported environmental conservation efforts, contributing to organizations like the World Wildlife Fund (WWF). Bass has been a long-time supporter of downtown redevelopment and conservation.

Career Timeline

2018

Pledged to Refurbish Yale Peabody Museum

Pledged $160 million to refurbish the Peabody Museum at Yale University.

2006

Donated to Yale

Donated $60 million to Yale.

2001

Yale Corporation

Made a successor fellow of the Yale Corporation.

1984

Founded Biosphere 2 Project

Founded the Biosphere 2 project, committing $30 million.

1967

Graduated from Yale

Graduated from Yale with a bachelor's degree in administrative science.

Philanthropic Impact

EducationUndisclosed

Edward P. Bass Distinguished Visiting Environmental Scholars Program

Established at Yale

Education$200M+

Yale Donations

Donations to Yale University

Environmental Conservation$12M

World Wildlife Fund (WWF)

Donation to WWF

Environmental Research$30M

Biosphere 2

Initial commitment to the Biosphere 2 project

Education$160M

Peabody Museum Renovation

Donation for renovation

Wealth Trajectory