John W. Rogers Jr., an American investor and philanthropist, has made a significant impact in the world of finance and social responsibility. With a successful career spanning several decades, Rogers has amassed a substantial net worth and gained recognition for his contributions to the investment industry.
This article will delve into John W. Rogers Jr. net worth and salary in 2023, explore his early life and career, shed light on his personal life, and answer some frequently asked questions about this remarkable individual.
Quick Facts
| Full Name | John W. Rogers Jr. |
| Popular Name | John Rogers |
| Gender | Male |
| Birth Date | March 31, 1958 |
| Age | 65 |
| Parents | N/A |
| Siblings | N/A |
| Birth Place | Chicago, Illinois |
| Nationality | American |
| Ethnicity | African-American |
| Education | Bachelor of Science degree from Princeton University |
| Marital Status | Divorced |
| Sexual Orientation | N/A |
| Wife/Spouse | Desire Glapion (divorced), Sharon Fairley ( divorced) |
| Children | 1 daughter named Victoria |
| Dating | N/A |
| Net Worth | $47 million |
| Source of Wealth | Ariel Investments, McDonald’s Corp |
What is John W. Rogers Jr. Net Worth and Salary in 2023?
As of 2023, John W. Rogers Jr.’s estimated net worth is an impressive $47 million dollars. His financial success can be attributed to his role as the Director of McDonald’s Corp, where he owns approximately 88,600 shares of McDonald’s Corp (MCD) stock worth over $25 million. In addition to his investments, Rogers also earns a salary of $312,541 as an Independent Director at McDonald’s Corp.
Why is John W. Rogers Jr. Famous?
John W. Rogers Jr. rose to prominence as the founder and lead portfolio manager for Ariel Investments, which currently manages $16.8 billion in assets. He established Ariel Investments in 1983, just three years after graduating from Princeton University.
Over the years, Rogers has become known for his investment strategy, which focuses on identifying undervalued companies that have the potential for long-term growth. His commitment to socially responsible investing has also garnered attention, as he actively seeks out companies that prioritize environmental, social, and governance (ESG) practices.
John W. Rogers Jr. Overview
Early Life
Born on March 31, 1958, in Chicago, Illinois, John W. Rogers Jr. grew up in the Hyde Park community area on the city’s South Side. He attended the University of Chicago Laboratory Schools, where he developed a passion for economics. In 1980, he graduated from Princeton University with a Bachelor of Science degree.
Career and Awards
John W. Rogers Jr. is a renowned American investor, known for his significant contributions to the financial sector.
He is the founder of Ariel Capital Management, now known as Ariel Investments, LLC. Established in 1983, Ariel Investments is recognized as the largest minority-run mutual fund firm in the United States. Rogers has held the position of chairman and co-CEO of the company for many years.
Throughout his career, Rogers has been an active contributor to Forbes magazine, providing insightful personal finance commentaries. His column, titled The Patient Investor, has gained considerable popularity over the years.
In addition to his work with Ariel Investments, Rogers has served on the boards of directors for several publicly traded Chicago-based corporations, including Exelon and Bally Total Fitness Corporation.
Rogers’ dedication to public service is also noteworthy. He served as the board president of the Chicago Park District for six years during the 1990s.
Furthermore, he has been appointed as a board member to various companies and organizations affiliated with his collegiate alma mater. His commitment to youth education in his native Chicago is commendable, having designed curricula and supported the Ariel Community Academy, which emphasizes financial literacy in its curriculum.
In recognition of his extensive service, Rogers was honored with the Woodrow Wilson Award from Princeton University in 2007. He made history in 2008 by becoming the first African-American recipient of this prestigious award.
Time magazine also featured him as one of its 50 leaders under 40 in 1994. His leadership roles extend to co-chairing Jesse Jackson’s annual Wall Street Project minority conference and chairing the Chicago Urban League.
On a lighter note, Rogers is also known for his love of basketball. He was a college basketball teammate of Craig Robinson and captained the 1979–80 Ivy League co-champion Princeton Tigers men’s basketball team.
In a surprising turn of events, Rogers beat Michael Jordan in a game of 1-on-1 in Las Vegas in August 2003 at Michael Jordan’s Senior Flight School. This victory over the basketball legend further added to Rogers’ fame.
As we look forward to 2023, we anticipate more achievements and contributions from John W. Rogers Jr. in the financial sector and beyond. His dedication to public service, commitment to diversity in corporate positions, and passion for youth education continue to inspire many.
Personal Life
In 1988, John W. Rogers Jr. married Desire Glapion, but the couple later divorced. They have one daughter together named Victoria. Rogers has been actively involved in philanthropy throughout his life
Rogers married Sharon Fairley on December 28, 2002. Fairley was the executive director of consumer marketing and brand development at Pharmacia at the time of their 2002 wedding announcement in The New York Times. Rogers and Fairley eventually divorced.
Social Media Accounts
FAQs about John W. Rogers Jr.
What are John W. Rogers Jr.’s notable achievements?
John W. Rogers Jr. is notable for his founding of Ariel Investments and his dedication to promoting diversity in the investment industry. He is recognized for his contributions to both the business and social aspects of finance.
Has John W. Rogers Jr. been involved in philanthropy?
Yes, John W. Rogers Jr. has been involved in philanthropic activities. He and Ariel Investments have supported various charitable causes, particularly those focused on education and financial literacy.
What is Ariel Investments?
Ariel Investments is an investment firm founded by John W. Rogers Jr. in 1983. It manages assets worth $16.8 billion and focuses on socially responsible investing.
What is John W. Rogers Jr.’s role on the Board of Directors?
John W. Rogers Jr. holds positions on the Board of Directors of several companies and organizations, where he contributes his expertise and insights to guide strategic decisions and corporate governance.
Did John W. Rogers Jr. play a significant role at William Blair & Company?
Yes, John W. Rogers Jr. played a significant role at William Blair & Company. He is the founder of Ariel Investments, which is affiliated with William Blair & Company. He has been actively involved in the financial industry and has made notable contributions to both firms.
Conclusion
John W. Rogers Jr. has made a significant impact in the investment industry through his visionary approach to finance and commitment to social responsibility. With a net worth of $47 million, he continues to be a prominent figure in the world of investing. His success story serves as an inspiration to aspiring entrepreneurs and investors alike, showcasing the power of perseverance, strategic thinking, and a dedication to making a positive difference in the world. Thank you for reading.
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