Wilbur Ross Net Worth (Updated 2025).

Wilbur Ross, born in 1937, began his career in the financial world after graduating from Yale University and later earning an MBA from Harvard Business School. He started at the bottom, working as an analyst at the Bank of America in the late 1950s.

Ross’s big break came in the 1970s when he joined the bankruptcy department of the law firm Rothschild Inc. Here, he honed his skills in restructuring and bankruptcy, a niche that would later bring him significant fame and fortune.

**Wilbur Ross’s Current Net Worth (2025)**

As of 2025, Wilbur Ross’ estimated net worth stands at $3.5 billion, according to Forbes. This significant figure reflects his successful career in the investment and finance sectors.

**Career**

Wilbur Ross, born in 1937, is an American investor and businessman. He served as the United States Secretary of Commerce from 2017 to 2021 under President Donald Trump. Prior to his political role, Ross was known for his work in restructuring and bankruptcy, earning him the nickname “The King of Bankruptcy.” He founded the private equity firm WL Ross & Co. in 2000, which later became part of Invesco.

**Other Ventures**

Ross has been involved in various other ventures throughout his career. He was the chairman and chief strategist of International Steel Group (ISG), one of the largest steel producers in the United States. Ross also played a significant role in the coal industry, serving as chairman and chief executive officer of Sago Coal and International Coal Group.

**Assets**

Wilbur Ross’ assets include significant stakes in various companies, primarily in the steel, coal, and textile industries. His most notable assets include a majority stake in the International Steel Group, a significant holding in the Bank of Cyprus, and a stake in the Navigator Holdings Ltd., a shipping company. Ross also owns several properties across the United States.

**Annual Income**

While Wilbur Ross’ exact annual income is not publicly disclosed, his compensation as the U.S. Secretary of Commerce was $203,000 per year. Before his political role, Ross’ income primarily came from his investments and the success of his business ventures, which would have been significantly higher.

Frequently Asked Questions about  Wilbur Ross

Wilbur Ross Net Worth FAQs

1. What is Wilbur Ross’ net worth?

Wilbur Ross’ net worth is estimated to be around $3.8 billion.

2. How did Wilbur Ross make his fortune?

Wilbur Ross made his fortune through his career as an investor and businessman. He is known for his work in the steel and coal industries, as well as his role as the U.S. Secretary of Commerce under President Donald Trump.

3. What is Wilbur Ross’ company, WL Ross & Co.?

WL Ross & Co. is a private equity firm founded by Wilbur Ross in 2000. The company specializes in investing in distressed or undervalued companies.

4. What is Wilbur Ross’ role in the Trump administration?

Wilbur Ross served as the U.S. Secretary of Commerce from 2017 to 2021 under President Donald Trump.

5. What is Wilbur Ross’ political affiliation?

Wilbur Ross is a Republican.

6. Where did Wilbur Ross grow up?

Wilbur Ross was born and raised in New Jersey, USA.

7. What is Wilbur Ross’ educational background?

Wilbur Ross holds a Bachelor of Arts degree in Economics from Yale University and a Master of Business Administration degree from Harvard Business School.

8. Is Wilbur Ross married?

Yes, Wilbur Ross is married to Hilary Geary Ross.

9. Does Wilbur Ross have any children?

Yes, Wilbur Ross has five children from his previous marriages.

10. What is Wilbur Ross’ philanthropic work?

Wilbur Ross and his wife have made significant donations to various charitable organizations, including those focused on education, healthcare, and cultural institutions. They have also established the Ross Initiative in Sports for Equality (RISE) to promote understanding, respect, and equality in communities across the United States.