Date of Birth: April 2, 1940
Zodiac Sign: Aries
Date of Death: May 27, 2021
Biography
Foster Stephen Friess was an American businessman and philanthropist born on April 2, 1940, in Rice Lake, Wisconsin. He grew up in a modest family and went on to become a successful investment manager and influential conservative donor. Friess graduated from the University of Wisconsin with a degree in business administration. He founded Friess Associates, an investment management firm, in 1974, which managed the Brandywine Fund. Under his leadership, the fund achieved remarkable success and became one of the top-performing mutual funds of its time. In addition to his business achievements, Friess was known for his philanthropic efforts. He donated millions to various causes, including disaster relief, medical research, and education. Friess was also a prominent supporter of conservative political candidates and causes, significantly impacting the political landscape through his contributions. Foster Friess passed away on May 27, 2021, leaving behind a legacy of business acumen and generosity.
5 Interesting Facts about Foster Friess
1. Foster Friess served as an intelligence officer in the U.S. Army during the Cold War.
2. He was a key supporter of Rick Santorum’s 2012 presidential campaign.
3. Friess was known for his “matching challenge” donations, where he would match donations made by others to specific causes.
4. He was a devout Christian and often integrated his faith into his philanthropic efforts.
5. Friess was an avid outdoorsman who enjoyed hiking and skiing.
5 Most Interesting Quotes from Foster Friess
1. “A person’s true wealth is the good he or she does in the world.”
2. “Charity should be a personal choice, not a government mandate.”
3. “Success in business is about making a difference in people’s lives.”
4. “Giving back is not just an obligation, it is a privilege.”
5. “We all have the power to make the world a better place through our actions.”
Highest Net Worth Achieved
Foster Friess achieved a net worth of approximately $500 million at the peak of his career.
Children
Foster Friess had four children with his wife, Lynnette Estes Friess. Their names are Traci, Stephen, Michael, and Carrie.
Relevant Links
1. [Foster Friess Wikipedia](https://en.wikipedia.org/wiki/Foster_Friess
2. [Forbes Profile on Foster Friess](https://www.forbes.com/profile/foster-friess/
3. [Legacy.com Obituary](https://www.legacy.com/obituaries/name/foster-friess-obituary?pid=198845722
5. [Fox Business Interview](https://www.foxbusiness.com/business-leaders/foster-friess-legacy
