Want to know about Jim Farley’s net worth? The CEO of Ford is making headlines as he went on a road trip on his electric car, F-150. He reported that the car had charging issues. This isn’t something new, as Jim Farley is often out making test drives. Keeping this aside, fellow people are curious to learn how much did Jim Farley earn so far. It’s not just his monetary but also materialistic wealth.
Jim Farley is a successful renowned businessman. If you are a car-freak person, you must be very familiar with his name. The reason is Jim Farley isn’t just the CEO of Ford but also one of the board members of Harley-Davidson.
Despite being a fan, not everyone knows. Jim Farley got into the automobile industry, following his grandfather. The latter allegedly worked at Henry Ford’s River Rouge Plant back in 1918. Talking more about the CEO of Ford, Jim Farley, later moved to Greenwich, Connecticut. Initially, it was not Ford but Lexus with which he was involved.
Coming back to Jim Farley’s monetary accumulations, the businessman earned most of his income from his service as the CEO and Chairman of Ford Europe. His other involvements in the automobile industry garnered him a hefty amount, with an extravagant wealth. How much is it? Here is what we know about Jim Farley’s net worth.
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Jim Farley Net Worth: Earnings Revealed
Talking about his monetary earnings, Jim Farley’s net worth is estimated to be a whopping $21 million. As mentioned earlier, Jim Farley made the most of his wealth from his automobile field involvements. To be more precise, Jim reportedly owns more than 3,591 units of Ford Motor Co stock. The value of the same is over $107,100. Isn’t that a decent one?
Are you looking for a further breakdown of Jim Farley’s net worth? Well, his base salary is reported to be somewhat $1.7 million. You will be surprised to know once that Jim’s compensation amounted to 281 times the median total compensation of all the employees of Ford. That’s impressive!
In 2020, Jim Farley replaced Jim Hackett’s position as the CEO of Ford. Since then, he has been highly involved with the brand’s sales. While we talk about Jim Farley’s net worth, one must highlight his early career too. Like what?
In the initial days, Jim Farley worked as the group vice president and general manager at Lexus. His job was to manage all the sales, marketing, and customer satisfaction activities of the mentioned luxury auto brand. Later, he joined Global Markets and served as the Executive Vice President and President. These positions helped him accumulate a lump sum amount and added it to Jim Farley’s net worth.
With Jim Farley’s net worth being so huge, how can we forget to mention his car collection? The businessman owns a luxurious and impressive list of cars. Some of which are- the 1965 Shelby GT350, 1964 USRRC Competiton 289 Cobra (CSX 2531), Matte Black 2012 Boss 302 Laguna Seca, 1932 Ford Roadster, 1987 BMW 325i convertible, and many more.
Not to forget to mention, Jim Farley’s net worth also contributed to his real estate properties. We shall update you soon. Jim Farley worked hard and followed his passion for the automobile industry, and achieved success today. The businessman leads a luxurious lifestyle.
Jim Farley’s Road Trip Marred With Issues
As mentioned earlier, Jim Farley went out on a trip with an electric Ford-150 Lightning. To be more exact, the journey was marred with charging issues. He addressed the entire thing as a “reality check.” The road trip was from USA’s Silicon Valley to Las Vegas.
Best Wishes to Jim Farley for the upcoming days of his life. Make sure to follow Jim on his Instagram account for more updates. What do you think about Jim Farley’s net worth?
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