Next. Stephen Bechtel Jr. gave the BSA $50 million to help build Scouting's fourth high-adventure base. In 2009 he donated $50 million to the Boy Scouts of America to help create a 10,600-acre reserve in West Virginia. Cost-plus doesn't cut it any more at Bechtel, the construction company Our Mr. Bechtel is the now-retired Chariman of the Bechtel Corporation, the largest construction company in the United States and the 8th-largest privately-owned American corporation. He runs Elemental Fitness and the website Climb Strong, where you can learn, purchase training programs and ebooks. In 1982, Forbes compiled its first ever Forbes 400, chronicling the wealthiest people in America. Lyndon B. Johnson appointed Bechtel to the President’s Committee on Urban Housing. He is 143rd in the “Forbes 400” list and is ranked 458th on the list of world billionaires. Top 15 Richest Americans in 2020, according to Forbes © 2021 Forbes Media LLC. Billionaire Boy Scout Stephen Bechtel, Jr.'s says his Eagle Scout skills prepared him for success in business and life. All Rights Reserved. [8], Bechtel was elected a Fellow of the American Academy of Arts and Sciences in 1990. The vast Right Wing Conspiracy will convene in January, according to a personal invitation that infamous billionaire Charles Koch recently sent to his rich friends. Stephen Bechtel, Jr. ran Bechtel, his family's construction and engineering firm, for 30 years, from 1960 to 1990. I’m familiar with Steve having heard him interviewed on the Power Company Podcast and the Training Beta Podcast. Tags. The video talks a little about his youth, his Scouting experiences, and his donation for The Summit: Bechtel Family National Scout Reserve, in West Virginia. His son Riley, who retired as chairman in April 2017, is estimated to own another 20%. He succeeded his father Stephen Bechtel Sr. as president of Bechtel Corporation in 1960 and chairman in 1969, handing these positions over to his son Riley in 1989 and 1996 respectively. The video talks a little about his youth, his Scouting experiences, and his donation for The Summit: Bechtel Family National Scout Reserve, in West Virginia. --Steve Bechtel, Jr., president, Bechtel Corp., quoted in Newsweek. At least 11 of the fortunes, including that of meat processor John Tyson, were hit by the pandemic. Warren Buffett Net Worth: $67 B Source of wealth: Berkshire Hathaway 3. Jeff Bezos Net Worth: $47 B Source of wealth: Amazon.com 5. Related by education: Stanford University, Here Are The 25 Billionaires Who Dropped Off The Forbes 400, 2015 Forbes 400: Full List Of America's Richest People, Forbes 400: Full List Of America's Richest People, Bachelor of Arts/Science, Purdue University; Master of Business Administration, Stanford University. 1 spot on Forbes' annual list of the world's richest as a record 164 billionaires return to the ranking amid the global economic recovery. A rare inside look at family-controlled global construction giant Bechtel. that put up the Hoover Dam. Forbes profiles Stephen Bechtel Jr., “Billionaire Boy Scout” ... Cub Scouts meet Steve Holcomb, Olympic gold medalist and Eagle Scout. Today his grandson, Brendan Bechtel, is CEO and chairman of the $25.5 billion (2018 revenues) company. When his father dies, the younger Bechtel is expected to become a billionaire. Steve is also a pillar of the Lander outdoors community, a long-time owner of Elemental Performance + Fitness and Climb Strong, a training program specifically tailored to climbers. David Koch Net Worth: $41 B Source of wealth: diversified 7. He earned his Master of Business Administration degree from the Stanford Graduate School of Business in 1948. Gives $25M To San Francisco's Presidio, Record Gift To A National Park, The Forbes 400 Hall Of Fame: 36 Members Of Our Debut Issue Still In Ranks. Richard Nixon named him to membership on the National Industrial Pollution Control Council, the National Commission on Productivity, the Labor Management Advisory Committee, and the National Commission for Industrial Peace. Stephen Bechtel, Jr. ran Bechtel, his family's construction and engineering firm, for 30 years, from 1960 to 1990. In 2015, the company ranked #5 on the Forbes list of America’s largest private companies, with annual revenue of $37 billion. Stephen Bechtel attended Purdue University, where he was a member of Beta Theta Pi, receiving a Bachelor of Science degree in civil engineering in 1946. In 2002 alone, Bechtel booked new work totaling $12.7 billion with gross revenues of $11.6 billion, involving some 900 projects in nearly 60 countries. These Forbes 400 members have appeared on our list of the wealthiest Americans for a full quarter-century. Steve Bechtel is a Lander, Wyoming-based climber, trainer, author, and business owner. The colossus that is Bechtel. Today his grandson, Brendan Bechtel, is CEO and chairman of the $32.9 billion (sales) company. From Bloomberg and Spielberg to Marriott and Bechtel, these 10-figure titans have lived by the Scout's Honor. Making the list of top donors and giving almost entirely to Republicans and conservative groups were Bechtel Corp. co-owner Stephen Bechtel and wife Elizabeth of … As of October 2019, there were 621 billionaires–a record high–in the United States. Steve Jr. was just 35 in 1960 when his father asked him to consider running Bechtel. He is now listed on the Bechtel website as "Senior Director" on the board. All Rights Reserved. The Forbes 400 Richest Americans list has been published annually since 1982. While daily newspaper and television reporters in the Bay Area have fun kicking BART General Manager Bill Stokes around, the man who actually runs the fledgling mass transit system and makes the most money from it remains unknown to the taxpayers who foot the bill. Charles Koch Net Worth: $41 B Source of wealth: diversified 5. About Stephen D. Bechtel, Jr. Stephen Bechtel Jr. is the co-owner and former chairman of Bechtel Corporation, with an estimated net worth of $3.4 billion as of April 2016, according to Forbes. A CONFIDENTIAL MEMO Bechtel's signature projects include building the Channel Tunnel and the Bay Area Rapid Transit system (BART) around San Francisco. Gerald Ford asked Bechtel to serve on the President’s Labor-Management Committee. before he founded the 1, and Peace in 1919. ary was primarily for inistered directly as a with faculty and 'g up the board of iculties, the Hoover ed advisory board in Stephen Bechtel, Jr. Net Worth: Stephen Bechtel, Jr. is an American heir and entrepreneur who has a net worth of $3.8 billion. Newsweek reported Dec. 29, 1975: "The Bechtel group of companies is hardly a household word. Bechtel donated $50 million towards the new base which has been named The Summit Bechtel Family National Scout Reserve. All the names listed below are the exact names you will find, plus their addresses, on the Billionaire Mailing List. "I just felt this was something I could do to pay a little bit back to the Scouts for what I got from them," he told Forbes.com in a recent video interview.. Bechtel is one of eight billionaires who are also Eagle Scouts. He has been working with athletes of all levels for over fifteen years, and is a sought-after expert in training for rock climbing and bouldering. This is a list of wealthy Americans ranked by net worth.It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index.. Forbes Video Network has a feature video on Billionaire Stephen Bechtel Jr. Bechtel Group, Inc. provides engineering and construction services. The S. D. Bechtel Jr. Foundation and the Stephen Bechtel Fund support many non-profit groups, especially in the San Francisco Bay area. [12], The S. D. Bechtel Jr. Foundation and the Stephen Bechtel Fund, National president of the Boy Scouts of America, The Summit Bechtel Family National Scout Reserve. At the beginning of the cycle, you will feel like you are gaining strength quickly, only to seemingly plateau towards the end, which will make you want to quit early. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Billionaire Steven Bechtel Jr. Here's what I've noticed over the years, following Bechtel: he is very aware of people making training numbers more important than climbing performance. Larry Ellison Net Worth: $47.5 B Source of wealth: Oracle 4. Diane Hendricks, of ABC Supply, as well as Stephen Bechtel Jr. and Riley Bechtel, of construction giant Bechtel, made the list of the world's 1,810 billionaires. Bill Gates Net Worth: $81 B Source of wealth: Microsoft 2. In 1998 Stephen and his son Riley were presented with the Honor Award from the National Building Museum for their company's contributions to the built environment. Stephen is believed to own an estimated 20% of Bechtel. Its owners want a financial stake in the Carlos Slim Helu takes the No. The combined net worth of the 2019 class of the 400 richest Americans was $2.9 trillion, up from $2.7 trillion in 2017. The largest cash gift to date for a national park, the donation from the S.D. The Bechtel File How The Master ... first billionaire. Stephen Davison Bechtel Jr. (born May 10, 1925) is an American billionaire businessman, civil engineer, and co-owner of the Bechtel Corporation, with his son Riley. Steve Bechtel is a trainer and climber based out of Lander Wyoming. According to Forbes, Mr. Bechtel currently makes do with a net worth of $3.4 billion. [9] He is the 1980 recipient of the Hoover Medal which commemorates the civic and humanitarian achievements of engineers. See Stephen D Bechtel's compensation, career history, education, & memberships. Stephen joined Bechtel in 1948 and worked on a pipeline project in Texas. © 2021 Forbes Media LLC. [10] He was elevated to National Honor Member by Chi Epsilon, the national civil engineering honor society, in 1990. According to Steve Bechtel, the key to making progress with the 3-6-9 Ladders protocol is to follow it through. [...], Here is the full list of the 400 richest Americans for 2014. 'n, Bechtel is a maior legacy includes the Bechtel Conference 'n Global Growth and P. Bechtel are Stanford of the Stanford Law gest and probably the 'cisco Bohemian Club. After a few weeks of soul-searching, he became convinced that he was ready for the job. Stephen Davison Bechtel Jr. (born May 10, 1925) is an American billionaire businessman, civil engineer, and co-owner of the Bechtel Corporation, with his son Riley. Stephen D Bechtel is Chairman/Founder at SD Bechtel JR Foundation. Stephen is believed to own an estimated 20% of Bechtel. The ultra-rich weigh in on their choice of computers. Stephen Bechtel, Jr. ran Bechtel, his family's construction and engineering firm, for 30 years, from 1960 to 1990. So it should come as no surprise that Bechtel believes in the power of the BSA. Chi Epsilon, the key to making progress with the 3-6-9 Ladders protocol is follow. 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