Stephen is believed to own an estimated 20% of Bechtel. Newsweek reported Dec. 29, 1975: "The Bechtel group of companies is hardly a household word. Larry Ellison Net Worth: $50 B Source of wealth: Oracle 4. 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. 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. 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. [...], Here is the full list of the 400 richest Americans for 2014. When his father dies, the younger Bechtel is expected to become a billionaire. A CONFIDENTIAL MEMO As one of the richest celebrities in the world, people are always wondering how much money Stephen Bechtel, Jr. has or makes. Forbes Video Network has a feature video on Billionaire Stephen Bechtel Jr. 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. Stephen Bechtel Jr. gave the BSA $50 million to help build Scouting's fourth high-adventure base. Charles Koch Net Worth: $42 B Source of wealth: diversified 4. He graduated from the University of Wyoming in 1995 with a degree in Exercise Physiology. Today his grandson, Brendan Bechtel, is CEO and chairman of the $25.5 billion (2018 revenues) company. The S. D. Bechtel Jr. Foundation and the Stephen Bechtel Fund support many non-profit groups, especially in the San Francisco Bay area. Stephen Bechtel, Jr. Net Worth: Stephen Bechtel, Jr. is an American heir and entrepreneur who has a net worth of $3.8 billion. 18 According to Forbes Magazine he has an estimated fortune of $3.2 billion. David Koch Net Worth: $41 B Source of wealth: diversified 7. See Stephen D Bechtel's compensation, career history, education, & memberships. 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. Lyndon B. Johnson appointed Bechtel to the President’s Committee on Urban Housing. Jeff Bezos Net Worth: $47 B Source of wealth: Amazon.com 5. Stephen joined Bechtel in 1948 and worked on a pipeline project in Texas. So, his initial suggestion of "2x bw deadlift for men is a good goal" has turned into "deadlifting 2x bw means I will climb V12, so I should deadlift instead of actually climbing." Steven D Bechtel Jr, Steve Bechtel, Mr Stephen D. Bechtel Jr. These Forbes 400 members have appeared on our list of the wealthiest Americans for a full quarter-century. 9: Houston, Texas. Stephen Bechtel, Jr. moves to #119 on the Forbes 400. Lists. When Ludwig dies, Steve Bechtel, Jr., stands a good chance of becoming the wealthiest man in America. A History of Family Leadership » Stephen D. Bechtel Jr. A History of Family Leadership » Stephen D. Bechtel Sr. NY Times obituaries Stephen D. Bechtel Sr. 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. From Bloomberg and Spielberg to Marriott and Bechtel, these 10-figure titans have lived by the Scout's Honor. The list of billionaires below is composed using the Forbes 400 Billionaires List along with their real-time monitoring software as well as the Bloomberg Billionaires List - Index to achieve the most accurate list possible. "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. So it should come as no surprise that Bechtel believes in the power of the BSA. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. In 2015, the company ranked #5 on the Forbes list of America’s largest private companies, with annual revenue of $37 billion. Bechtel was founded in 1898 by Stephen's grandfather, Warren Bechtel. Cost-plus doesn't cut it any more at Bechtel, the construction company All Rights Reserved. In 2009 he donated $50 million to the Boy Scouts of America to help create a 10,600-acre reserve in West Virginia. Stephen is believed to own an estimated 20% of Bechtel. Billionaire Boy Scout Stephen Bechtel, Jr.'s says his Eagle Scout skills prepared him for success in business and life. that put up the Hoover Dam. Three decades later, 36 of these 400 individuals still appear among the nation's richest. He is the son of Stephen Davison Bechtel Sr. and grandson of Warren A. Bechtel who founded the Bechtel Corporation. Forbes profiles Stephen Bechtel Jr., “Billionaire Boy Scout” ... Cub Scouts meet Steve Holcomb, Olympic gold medalist and Eagle Scout. And he wanted to do it solo. 17 Riley Bechtel, CEO of Bechtel for the last 13 years, was ranked as the one of the richest people in the world. Tags. I’m familiar with Steve having heard him interviewed on the Power Company Podcast and the Training Beta Podcast. 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. He earned his Master of Business Administration degree from the Stanford Graduate School of Business in 1948. [10] He was elevated to National Honor Member by Chi Epsilon, the national civil engineering honor society, in 1990. Gerald Ford asked Bechtel to serve on the President’s Labor-Management Committee. 1. All Rights Reserved. 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. Steve Jr. was just 35 in 1960 when his father asked him to consider running Bechtel. Its owners want a financial stake in the Bechtel Jr. Foundation will partly fund the buildout of parkland that will connect the Presidio to the San Francisco bay. Stephen Bechtel, Jr. ran Bechtel, his family's construction and engineering firm, for 30 years, from 1960 to 1990. Stephen D Bechtel is Chairman/Founder at SD Bechtel JR Foundation. The largest cash gift to date for a national park, the donation from the S.D. All the names listed below are the exact names you will find, plus their addresses, on the Billionaire Mailing List. At least 11 of the fortunes, including that of meat processor John Tyson, were hit by the pandemic. The billionaire businessman and heir paid a record $63 million for Montecito's Rancho San Carlos house. [5][6], Bechtel became an Eagle Scout in 1940, and has been recognized by the Boy Scouts of America with both the Distinguished Eagle Scout Award and the Silver Buffalo Award. He is the son of Stephen Davison Bechtel Sr. and grandson of Warren A. Bechtel who founded the Bechtel Corporation.[2][3][4]. David Koch Net Worth: $42 B Source [...]. He runs Elemental Fitness and the website Climb Strong, where you can learn, purchase training programs and ebooks. As of October 2019, there were 621 billionaires–a record high–in the United States. The colossus that is Bechtel. In 1982, Forbes compiled its first ever Forbes 400, chronicling the wealthiest people in America. 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. 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. Carlos Slim Helu takes the No. Warren Buffett Net Worth: $62 B Source of wealth: Berkshire Hathaway 3. 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. Next. 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. According to Steve Bechtel, the key to making progress with the 3-6-9 Ladders protocol is to follow it through. Stephen D. Bechtel Jr. was born on May 10, 1925. Today his grandson, Brendan Bechtel, is CEO and chairman of the $32.9 billion (sales) company. 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. While it's impossible to calculate the exact amount Stephen Bechtel, Jr. is worth, we can use publicly available information such as salary, investments, businesses, endorsements, and other income to estimate a net worth for 2020. As a privately held corporation, it has operated for 77 years behind a wall of secrecy that is considered unequally impenetrable in the competitive world of heavy construction. Top 15 Richest Americans in 2020, according to Forbes [11] Bechtel received the Award of Excellence from Engineering News-Record for his leadership of Bechtel Corporation. Billionaire Riley Bechtel Buys $63 Million Montecito Ranch – Variety His son Riley, who retired as chairman in April 2017, is estimated to own another 20%. Bechtel donated $50 million towards the new base which has been named The Summit Bechtel Family National Scout Reserve. --Steve Bechtel, Jr., president, Bechtel Corp., quoted in Newsweek. [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. plants they build. 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. © 2021 Forbes Media LLC. Bechtel's signature projects include building the Channel Tunnel and the Bay Area Rapid Transit system (BART) around San Francisco. Bill Gates Net Worth: $76 B Source of wealth: Microsoft 2. Warren Buffett Net Worth: $67 B Source of wealth: Berkshire Hathaway 3. After a few weeks of soul-searching, he became convinced that he was ready for the job. Welcome, Boy Scouts, MetroNews, Glen Jean, Fayette County, "Bechtel Family National Scouting Center", National Academy of Engineering: 1999 Founders Award Recipient, Fact Sheet: Distinguished Eagle Scout Award, Engineering News-Record Award of Excellence, https://en.wikipedia.org/w/index.php?title=Stephen_Bechtel_Jr.&oldid=993144554, California Institute of Technology trustees, Purdue University College of Engineering alumni, Stanford Graduate School of Business alumni, Fellows of the American Academy of Arts and Sciences, Creative Commons Attribution-ShareAlike License, This page was last edited on 9 December 2020, at 01:10. The Bechtel File How The Master ... first billionaire. Stephen Bechtel, Jr. ran Bechtel, his family's construction and engineering firm, for 30 years, from 1960 to 1990. Charles Koch Net Worth: $41 B Source of wealth: diversified 5. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Billionaire Steven Bechtel Jr. Bechtel Group, Inc. provides engineering and construction services. Forbes Video Network has a feature video on Billionaire Stephen Bechtel Jr. A rare inside look at family-controlled global construction giant Bechtel. 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. © 2021 Forbes Media LLC. 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.. Riley Bechtel Net Worth: Riley Bechtel is an American heir and businessman who has a net worth of $3.9 billion. Stephen Bechtel, Jr. ran Bechtel, his family's construction and engineering firm, for 30 years, from 1960 to 1990. [7], The BSA acquired new property near Beckley, West Virginia for a new high adventure base in 2009. 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. 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. 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. In 2010, wealthy moguls like Steve Bechtel of Bechtel Corporation and Steve Schwarzman of the Blackstone Group met behind closed doors to help lend money to these types of efforts. Bechtel is a privately owned global company headquartered in San Francisco. The ultra-rich weigh in on their choice of computers. 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 … Many of the world's wealthiest love their Apple machines, but PCs have their place too. Larry Ellison Net Worth: $47.5 B Source of wealth: Oracle 4. 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. Steve Bechtel is a nutrition expert, performance coach, and personal trainer. Bill Gates Net Worth: $81 B Source of wealth: Microsoft 2. The combined net worth of the 2019 class of the 400 richest Americans was $2.9 trillion, up from $2.7 trillion in 2017. 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. Analyst-created lists of people and org. The Forbes 400 Richest Americans list has been published annually since 1982. 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 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. '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. Stephen's uncle Kenneth K. Bechtel was awarded the Silver Buffalo in 1950 and served as National president of the Boy Scouts of America from 1956–1959. 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