Alfred James Clark Net Worth: $1.5 billion
Alfred James Clark is a real estate magnate and American construction owner. He has accumulated a total net worth of $1.5 billion. He made his fortune as Chairman and CEO of Clark Enterprises, Inc., a diversified investment company that focuses its interest activities in construction, financial markets, private equity, venture capital and real estate.
Learn everything about the net worth of James Clark Net Worth and his lifestyle here!
| Net Worth: | $1.5 billion |
|---|---|
| Birth Date: | December 2, 1927 – March 20, 2015 |
| Birthplace: | Richmond, Virginia |
| Profession: | Real Estate Magnate and Construction Owner |
Table of Contents
Net Worth
Alfred James Clark was the chairman and CEO of Clark Enterprises. In this role, he was able to increase his wealth to over 1.5 billion dollars. That’s where has was able to make the majority of his fortune. Clark Enterprises is a diversified investment company that focuses its interest activities in construction, financial markets, private equity, venture capital and real estate.
Biography
Clark was born on December 2, 1927, in Richmond, Virginia. He was the son of a life insurance salesman father. He grew up in Bethesda, Maryland. In 1950, Clark was a graduate of the University of Maryland, College Park, where he was a member of Phi Delta Theta.
Career
When Clark was a young man, he was a big fan of an engineering. He wanted to study engineering at Cornell, but couldn’t afford it. Instead he commuted to the University of Maryland.
In 1950 he joined a small construction company working for $65 per week; by the late 1960s he was CEO of what today is Clark Construction. He also gives money to fund his projects and donations. In 1994, he gave $15 million to create the A. James Clark School of Engineering, which is his alma mater. Later, in 2011, he gave another $8 million to fund engineering scholarships at George Washington University.
Alfred James Clark has amassad an astounding fortune by building one of the largest private construction companies in the country, named Clark Enterprises. Although this company also dabbles in real estate and private equity, the bulk of the company’s revenue (which is over $4.5 billion) comes from its extensive portfolio of large-scale construction projects.
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