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 Bechtel's signature projects include building the Channel Tunnel and the Bay Area Rapid Transit system (BART) around San Francisco. 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. Stephen is believed to own an estimated 20% of Bechtel. The Bechtel File How The Master ... first billionaire. [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. Steve Jr. was just 35 in 1960 when his father asked him to consider running Bechtel. All Rights Reserved. Forbes profiles Stephen Bechtel Jr., “Billionaire Boy Scout” ... Cub Scouts meet Steve Holcomb, Olympic gold medalist and Eagle Scout. 17 Riley Bechtel, CEO of Bechtel for the last 13 years, was ranked as the one of the richest people in the world. '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. © 2021 Forbes Media LLC. 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. Bechtel was founded in 1898 by Stephen's grandfather, Warren Bechtel. 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. 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. The colossus that is Bechtel. 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. 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. [7], The BSA acquired new property near Beckley, West Virginia for a new high adventure base in 2009. Stephen joined Bechtel in 1948 and worked on a pipeline project in Texas. Forbes Video Network has a feature video on Billionaire Stephen Bechtel Jr. He runs Elemental Fitness and the website Climb Strong, where you can learn, purchase training programs and ebooks. In 2015, the company ranked #5 on the Forbes list of America’s largest private companies, with annual revenue of $37 billion. When his father dies, the younger Bechtel is expected to become a billionaire. Stephen Bechtel, Jr. moves to #119 on the Forbes 400. Stephen D Bechtel is Chairman/Founder at SD Bechtel JR Foundation. Lists. Billionaire Riley Bechtel Buys $63 Million Montecito Ranch – Variety 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. Steve Bechtel is a Lander, Wyoming-based climber, trainer, author, and business owner. Warren Buffett Net Worth: $67 B Source of wealth: Berkshire Hathaway 3. Carlos Slim Helu takes the No. Bill Gates Net Worth: $76 B Source of wealth: Microsoft 2. According to Forbes, Mr. Bechtel currently makes do with a net worth of $3.4 billion. Stephen D. Bechtel Jr. was born on May 10, 1925. Stephen Bechtel, Jr. ran Bechtel, his family's construction and engineering firm, for 30 years, from 1960 to 1990. Larry Ellison Net Worth: $50 B Source of wealth: Oracle 4. David Koch Net Worth: $41 B Source of wealth: diversified 7. [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. Stephen Bechtel, Jr. Net Worth: Stephen Bechtel, Jr. is an American heir and entrepreneur who has a net worth of $3.8 billion. 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. 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. Today his grandson, Brendan Bechtel, is CEO and chairman of the $25.5 billion (2018 revenues) company. At least 11 of the fortunes, including that of meat processor John Tyson, were hit by the pandemic. He is the son of Stephen Davison Bechtel Sr. and grandson of Warren A. Bechtel who founded the Bechtel Corporation.[2][3][4]. 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. Forbes Video Network has a feature video on Billionaire Stephen Bechtel Jr. Newsweek reported Dec. 29, 1975: "The Bechtel group of companies is hardly a household word. Its owners want a financial stake in the Jeff Bezos Net Worth: $47 B Source of wealth: Amazon.com 5. Charles Koch Net Worth: $41 B Source of wealth: diversified 5. Bill Gates Net Worth: $81 B Source of wealth: Microsoft 2. --Steve Bechtel, Jr., president, Bechtel Corp., quoted in Newsweek. 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. These Forbes 400 members have appeared on our list of the wealthiest Americans for a full quarter-century. 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. Three decades later, 36 of these 400 individuals still appear among the nation's richest. Stephen Bechtel, Jr. ran Bechtel, his family's construction and engineering firm, for 30 years, from 1960 to 1990. He is the son of Stephen Davison Bechtel Sr. and grandson of Warren A. Bechtel who founded the Bechtel Corporation. 9: Houston, Texas. 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. 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. Charles Koch Net Worth: $42 B Source of wealth: diversified 4. 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. Bechtel donated $50 million towards the new base which has been named The Summit Bechtel Family National Scout Reserve. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Billionaire Steven Bechtel Jr. 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. So it should come as no surprise that Bechtel believes in the power of the BSA. The Forbes 400 Richest Americans list has been published annually since 1982. David Koch Net Worth: $42 B Source [...]. 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. When Ludwig dies, Steve Bechtel, Jr., stands a good chance of becoming the wealthiest man in America. [8], Bechtel was elected a Fellow of the American Academy of Arts and Sciences in 1990. He earned his Master of Business Administration degree from the Stanford Graduate School of Business in 1948. Next. 1. 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. Lyndon B. Johnson appointed Bechtel to the President’s Committee on Urban Housing. 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. Civic and humanitarian achievements of engineers on their choice of computers Apple machines, but PCs have their place.... Coach, and business owner million for Montecito 's Rancho San Carlos house son Stephen... Bechtel website as `` Senior Director '' on the billionaire Mailing list graduated from the Graduate... 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