Richard Fairbank Biography and Wiki
Richard Fairbank a multibillionaire businessman from the United States, co-founded Capital One in 1988. From 2004 to 2006, he was a member of the board of directors for MasterCard International. He participates in the Financial Services Roundtable, the Stanford Business School Advisory Council, and the BITS Technology Forum Board of Directors.
Richard Fairbank Education
Fairbank began his studies at Pomona College before transferring to Stanford University, where he graduated with a bachelor’s in economics in 1972. He later graduated first in his class with an MBA from the Stanford Graduate School of Business in 1981. Additionally, he was given the Stanford University Excellence in Leadership Award in 2006.
Richard Fairbank Age and Birthday
How old is Richard Fairbank? Fairbank is 72 years old as of 2022. He was born on 18 September 1950 in California, United States He celebrates his birthday on 18 September every year.
Richard Fairbank Nationality and Ethnicity
Fairbank is of American nationality by birth. He was born in California, United States. He is of mixed race. READ ALSO: Miley Cyrus
Richard Fairbank Parents and Siblings
Fairbank is the son of William M. Fairbank, and Jane Davenport. He has two siblings: William Martin Fairbank Jr., and Robert Harold Fairbank.
Richard Fairbank Wife
Is Richard Fairbank married? Fairbank is married to Chris Fairbank. The couple has eight children.
Richard Fairbank Height
Fairbank has an estimated net worth of 5 feet 7 inches (1.70 m).
Richard Fairbank Salary
How much does Rich Fairbank make? With no base salary, no cash bonus, $2,000,019 in stock awards, $4,000,001 in option awards, and $76,785 in other compensation, Fairbank received a total compensation of $6,076,805. Fairbank received $22.6 million in total compensation in 2012. Since 1997, Fairbank has been paid a base salary of nothing.
Richard Fairbank Net Worth
Is Richard Fairbank a billionaire? Fairbank has an estimated net worth of $1.1 billion.
Richard Fairbank House
On the Potomac River in Virginia, close to Gunston Hall, they own and reside at Overlook Farm.
Richard Fairbank Capital One
How much of Capital One does Richard Fairbank own? Capital One’s co-founder and CEO is Fairbank. With its headquarters in McLean, Virginia, and its primary operations in the United States, Capital One Financial Corporation is an American bank holding company that specializes in credit cards, auto loans, banking, and savings accounts. It ranks among the biggest banks in the country and has earned a reputation for being a technology-focused institution.
There are 2,000 ATMs and 755 branches, including 30 café-style locations, in the bank. It is listed at number 99 on the Fortune 500 and number 9 on Fortune’s list of the 100 best companies to work for. It has operations in the US, Canada, and the UK. In the 1990s, the company played a key role in the development of credit card mass marketing. In terms of purchase volume in 2016, it ranked fifth behind American Express, JPMorgan Chase, Bank of America, and Citigroup.
Capital One is the second-largest auto finance company in the US, behind Ally Financial, with a 5% market share. Credit cards, consumer banking, and commercial banking are the three divisions of the business. In the fourth quarter of 2018, credit cards contributed 75% of the company’s revenues, followed by consumer banking (14%), and commercial banking (11%).