Sid Bass


Sid Richardson Bass is an American billionaire investor and philanthropist.

Early life

Sid Richardson Bass was born on April 9, 1942. His father, Perry Richardson Bass, built an oil fortune with uncle, Sid W. Richardson. He graduated from Yale University in 1965, and also has a degree from the Stanford Business School.

Career

Bass took control of the family business in 1968. His investments include oil and gas. Along with his father and two of his brothers, he was the largest shareholder in The Walt Disney Company from 1984 until after the stock market crash in 2001. Bass was forced to sell his Disney holdings as a result of a margin call.
He was listed as the 275th richest person in the world in 2019 by Forbes, with a net worth of US $3.1 billion.

Philanthropy

Bass donated $20 million to Yale University for the study of humanities in 1990. In 2006, Bass and his second wife, Mercedes Bass, made a gift of $25 million to the Metropolitan Opera, at the time the largest individual gift in the company's history.

Personal life

His first wife was Anne Hendricks Bass. Their marriage produced 2 daughters, one being author Hyatt Bass, and ended in divorce in 1986. In 1988, Bass married the Iranian socialite Mercedes Bass. This marriage ended in divorce in 2011, producing no children.