Robert Bass (Texas)
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| Robert Bass | |
| Basic facts | |
| Location: | Fort Worth, Texas |
| Expertise: | Entrepreneur |
| Education: | •Yale University (B.A., 1971) • Stanford University (MBA, 1974) |
Robert Bass is a Texas-based entrepreneur and investor. He served as chairman of Aerion Corporation, an aviation firm, until 2019 following the company's partnership with The Boeing Company.[1] He also founded Oak Hill Advisors, an investment firm.
Bass and his wife, Anne Bass, donated to groups like the Democratic Senatorial Campaign Committee, and the Democratic Congressional Campaign Committee as well as Democratic candidates for federal office.[2][3][4] As of July 2020, Bass was worth an estimated $4.8 billion according to Forbes magazine.[5]
Career
Bass and his three brothers inherited $2.8 million from their uncle, Sid Richardson, in 1959.[5] In the 1980s, Bass founded the Robert M. Bass Group, an investment company.[6] In 1986, the office began investment activities as Oak Hill Capital Partners.[7]
Bass served on the board of trustees at Stanford University for over two decades, including four years as chairman from 1996 to 2000.[8] He also served as the director and chairman of the Stanford Management Company (SMC), which oversees the university's endowment.[9] In 2013, Bass gave $50 million to Duke University to support interdisciplinary studies seeking "to tackling complex societal problems."[10]
Bass founded Aerion Corporation, an aviation company responsible for private supersonic jets priced at around $120 million. Bass served as the company's chairman until 2019.[5][11] Bass' aerospace portfolio included Avolon Aerospace Limited, Firth Rixson, which Bass has sold to Alcoa, and Primus International.[11]
Bass served as a trustee of the Brookings Institution, Rockefeller University, the Amon Carter Museum, and Middlesex School. He also formerly chaired the National Trust for Historic Preservation and Cook Children's Medical Center in Texas.[8] Bass also served as director of Lone Star Technologies, Inc. and Evercore Partners Inc.[12]
Financial contributions
Between 2010 and July 2020, Robert Bass contributed the following amounts:[3]
- $16,400 to presidential campaigns
- $161,600 to U.S. Senate campaigns
- $110,300 to U.S. House campaigns
- $180,970 to political parties, including:
- $53,900 to the Democratic Congressional Campaign Committee
- $32,400 to the Democratic Senatorial Campaign Committee
- $2,399,600 to political action committees, including:
- $1,990,000 to the Democratic Senate Majority PAC
- $200,000 to the Democratic House Majority PAC
Top influencers by state
Influencers in American politics are power players who help get candidates elected, put through policy proposals, cause ideological changes, and affect popular perceptions. They can take on many forms: politicians, lobbyists, advisors, donors, corporations, industry groups, labor unions, single-issue organizations, nonprofits, to name a few.
In 2015, Ballotpedia identified Robert Bass (Texas) as a top influencer by state. We identified top influencers across the country through several means, including the following:
- Local knowledge of our professional staff
- Surveys of activists, thought leaders and journalists from across the country and political spectrum
- Outreach to political journalists in each state who helped refine our lists
Recent news
The link below is to the most recent stories in a Google news search for the terms Robert Bass. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
- Democratic Senatorial Campaign Committee
- Democratic Congressional Campaign Committee
- Senate Majority PAC
External links
Footnotes
- ↑ AINonline, "Boeing Partners with Aerion, Bets Big on Supersonics," February 5, 2019
- ↑ Open Secrets ,"Bass, Robert M: Donor Detail," accessed July 2, 2020
- ↑ 3.0 3.1 Federal Election Commission, "Individual contributions," accessed July 2, 2020
- ↑ FEC, "Robert Bass," accessed December 14, 2015
- ↑ 5.0 5.1 5.2 Forbes, "#383 Robert Bass," accessed July 2, 2020
- ↑ The New York Times, "TEXAS DEAL MAKER: Robert M. Bass; A Younger Brother Steps Out on His Own," June 5, 1988
- ↑ Oak Hill Capital Partners' website, "About Us," accessed July 2, 2020
- ↑ 8.0 8.1 Stanford University, "Robert M. Bass returning to Stanford's Board of Trustees," August 9, 2013
- ↑ Cite error: Invalid
<ref>tag; no text was provided for refs namedStanford - ↑ Cite error: Invalid
<ref>tag; no text was provided for refs namedforbes400 - ↑ 11.0 11.1 Aerion Corp., "Leadership," accessed December 14, 2015
- ↑ Bloomberg, "Robert Muse Bass," accessed December 14, 2015
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