Rich Fairbank Bio | Wiki
Rich Fairbank ( Full Name: Richard Dana Fairbank) is a popular American billionaire businessman who is the Chairman and CEO, of Capital One, a U.S. bank known for its credit cards. He co-founded Capital One with Nigel Morris in 1988. Rich previously worked on the board of directors of MasterCard International from 2004 until 2006. Rich is a member of the Stanford Business School advisory council, the Financial Services Roundtable, as well as the board of directors of the BITS Technology Forum.
He has been awarded “Business Leader of the Year” by Washingtonian, and placed on lists such as Worth’s list of the top 10 CEOs and “50 Best CEOs”. While CEO of Capital One Financial in 2009, Rich earned a total compensation of $6,076,805, which included no base salary, no cash bonus, $2,000,019 in stock awards, $4,000,001 in option awards, as well as $76,785 in other compensation. In 2012, Rich’s total compensation was $22.6 million. He has received a base salary of zero dollars since 1997. In January 2018, with Capital One’s share price reaching a record high, Rich’s net worth rose to about $1.1 billion.
Rich Fairbank Age
Rich was born on September 18, 1950, in California, in the United States. He is 73 years old. Rich celebrates his birthday on September 18, every year.
Rich Fairbank Height
He is a man of above-average stature. Rich stands at a height of 6 ft 2 in ( Approx. 1.88m ).
Rich Fairbank Family
He was born in California to his parents William M. Fairbank and Jane Davenport. Rich holds American nationality and belongs to the white ethnicity. Rich’s father William worked as a physicist best known for his work on liquid helium. Rich was raised along with his two brothers William M. Fairbank Jr. and Robert Harold Fairbank. Both of his brothers are successful in their respective careers. Rich’s brother William walked in his father’s footsteps and is a physicist while Robert works as a business, antitrust, consumer, and IP lawyer based in Los Angeles.
Rich Fairbank Wife | Richard Fairbank Spouse
Rich is married to his spouse Chris Fairbank. The couple has eight children named Carl, Brian, Melissa, Kristen, Sara, Ashley Anne, Michael, and John Fairbank. Rich and Chris reside at Overlook Farm, near Gunston Hall on the Potomac River in Virginia.
Rich Fairbank College | Education
He studied at Pomona College prior to transferring to Stanford University, where Rich earned a bachelor’s degree in economics from Stanford University in 1972. Rich afterward earned an MBA from the Stanford Graduate School of Business in 1981, where he graduated first in his class. In 2006, Rich also received the Excellence in Leadership award from Stanford University.
Rich Fairbank Capital One
He is the founder, CEO, and Chairman of Capital One and one of just a few founder-CEOs among America’s largest public companies. Rich has been the CEO since Capital One’s initial public offering in November 1994 and has worked as the Chairman since February 1995. Following earning his undergraduate degree and MBA from Stanford University, Rich was a strategy consultant and advised leading companies on long-term business strategy and growth opportunities.
Rich came up with the idea for Capital One in 1987 and left his consulting career to build it. His vision and leadership have positioned Capital One as a leading data and technology company that has been known as one of the most cloud-forward companies in the globe. He has more than three decades of experience in banking and financial services. As the founder and CEO of Capital One, Rich is knowledgeable about all aspects of the Company’s businesses, strategies, capabilities, and culture.
Rich Fairbank House | Home
He owns Overlook Farm, near Gunston Hall on the Potomac River in Virginia, where he resides with his husband Chris Fairbank.
Rich Fairbank Salary
He is a billionaire businessman who is the Chairman and CEO, of Capital One who has received a base salary of zero dollars since 1997. However, he gets a yearly compensation of at least $20 million.
Rich Fairbank Net Worth | Richard Fairbank Net Worth 2021
Rich gets his wealth from his work as a billionaire businessman who is the Chairman and CEO, of Capital One, a U.S. bank known for its credit cards. Therefore, Rich has accumulated a decent fortune over the years. Rich’s net worth is $1.1 billion.
Where Does Rich Fairbank Live
He resides at Overlook Farm, near Gunston Hall on the Potomac River in Virginia.
What Is Rich Fairbank Net Worth
Rich’s net worth is $1.1 billion due to his work as a businessman who is the Chairman and CEO, of Capital One.
How Much Is Rich Fairbank Worth
In January 2018, with Capital One’s share price reaching a record high, Rich’s net worth rose to about $1.1 billion.
Who Is Rich Fairbank
He is the chairman and CEO of Capital One Financial, a U.S. bank recognized for its credit cards. Rich presided over the bank’s creation in 1994, helping it branch out into credit card and loan services. Rich owns just under 1% of the bank’s shares and has sold hundreds of millions of dollars of the stock over the years. He lives in the Washington D.C. area and is a part owner of the Washington Capitals professional ice hockey team.