Early Life
Edward Perry "Ed" Bass was born on September 10, 1945, in Fort Worth, Texas. He is the second-oldest of four sons. His father, Perry Richardson Bass, was an advisor and later partner of his uncle, Sid W. Richardson. Ed Bass attended Phillips Academy and graduated from Yale University in 1967 with a bachelor's degree in administrative science. He also served in the United States Coast Guard.
Rise to Success
Bass's financial success stems from his involvement in oil and investments, a legacy from his family. After his uncle Sid W. Richardson's death in 1959, Ed and his brothers inherited $2.8 million each, which they parlayed into a multi-billion dollar fortune. He is the chairman of Fine Line, an investment and venture-capital management firm.
Key Business Strategies
Bass's business strategies involve investments in various sectors, with a focus on energy. Moreover, Bass is known for his urban redevelopment projects, particularly the Sundance Square in Fort Worth, which combines commercial and residential spaces.
Philanthropy
Edward Bass is a notable philanthropist. He established the Edward P. Bass Distinguished Visiting Environmental Scholars Program at Yale in 2002. In 2006, he donated $60 million to Yale, and his family has donated more than $200 million to the institution. In 2007, he donated $12 million to WWF. He also donated $10 million to Yale University in 2017 and $30 million to the University of Arizona to support Biosphere 2. In 2018, Bass pledged $160 million to refurbish the Peabody Museum of Natural History at Yale University.
