What is John Edson’s Net Worth?
John Edson is an American businessman and craftsman who has a net worth of $1 billion {dollars}. Based in Jackson, Wyoming, John Edson attended the University of Washington, however subsequently joined the Army and fought within the Korean War. He didn’t return to highschool after he returned to the United States, and commenced constructing sailboats in his storage. The success of his boat constructing ultimately led to the founding of Bayliner Marine Corp., an organization dedicated to the manufacture of inexpensive plywood boats, in 1955. Thirty-one years later, he bought Bayliner to the Brunswick Corporation for $425 million.
He nonetheless has a small stake within the firm, and in addition owns a portion of Westbrook Shipyard. He is a significant supporter of the Fred Hutchinson Cancer Research Center in Seattle. He donated $5.4 million to Arizona State University to fund an entrepreneurship program in 2005. In addition to his philanthropic work, he’s an avid pilot, and spends time on his 164-foot yacht.
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