Sid Bass

Sid Bass

Sid Richardson Bass (born 1942) is an American investor and billionaire. He is a graduate of Yale University and Stanford Business School. His father, Perry Richardson Bass (d. 2006), built an oil fortune with uncle, Sid W. Richardson (d. 1959). Bass took control of the 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 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. Much of the Bass holdings in Disney were acquired by the Griffith Family, who also own large equity holdings in Time-Warner, MGM-UA, and investment powerhouse KKR. Bass remains a board member of the Griffith Group although personally owning no shares in Disney himself.

Bass is divorced from his first wife, Anne Bass, and is now married to socialite Mercedes Bass (née, Mercedes Kellogg, née Mercedes Tavacoli). The wooing of Mercedes Kellogg by Bass in 1986 while she was still married to Ambassador Francis Kellogg was a major social scandal. It is said to have crushed Ambassador Kellogg.

He is listed as the 287th richest person in the world in 2007 by Forbes with a net worth of US$3.0 billion.

External links

* [http://www.forbes.com/lists/2007/10/07billionaires_Sid-Bass_0WSQ.html Forbes.com: 2007 Forbes World's Richest People]


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