Sunday, January 26, 2014

A HISTORY OF THE METROPOLITAN MUSEUM OF ART, NEW YORK, N. Y.

Speranza

Sid Richardson Bass (born April 9, 1942) is an investor and businessman.

He is a graduate of Yale University and Stanford Business School.

His father, Perry Richardson Bass (died 2006), built an oil fortune with uncle, Sid Richardson (died 1959).

Bass took control of the business in 1968.

His investments include oil and gas.

Along with his father and two of his brothers, he was the largest shareholder in the The Walt Disney Company, from 1984 until after the stock market crash in 2001.

Bass was forced to sell his Disney holdings as a result of a margin call.

Much of the Bass holdings in Disney were acquired by the Griffith Family, who also own large equity holdings in Time-Warner, MGM-UA, and investment powerhouse KKR. Bass remains a board member of the Griffith Group although personally owning no shares in Disney himself.

In 1990, Bass donated $20 million to Yale University for the study of humanities.

In 2006, he made a record gift of $25 million to the Metropolitan Opera, in New York.

Bass divorced his first wife, née Anne Hendricks, and married the socialite Mercedes Kellogg, née Mercedes Tavacoli, b. Iran).

Mercedes Tavacoli nd Ambassador Kellogg had no children.

Daughter Hyatt Bass is a writer.

On October 6, 2011, Mercedes Tavacoli and Sid Bass, anchors of the city's business and philanthropic world, announced their divorce, ending 23 years of marriage.

The divorce proceedings sparked fears that the Metropolitan Opera would lose one of its leading donors.

Mercedes Tavacoli had given $25 million to her passion, to which Sid appeared indifferent.

Sid Bass was listed as the 287th richest person in the world in 2007 by Forbes with a net worth of US$3.0 billion.[

References

"Yale Gets Gift of $20 Million From Bass Family (Again)". The New York Times. October 6, 1990. Retrieved Oct 8, 2011.

 "Metropolitan Opera, in Tight Times, Receives Record Gift of $25 Million". The New York Times. January 5, 2006. Retrieved Oct 8, 2011.

 Sid Bass and Mercedes Kellogg Stun Society. New York Magazine. October 20, 1986. Retrieved Oct 8, 2011.
http://www.star-telegram.com/2011/10/06/3426218/sid-mercedes-bass-to-divorce-after.html
http://www.artsjournal.com/slippeddisc/2011/10/bad-news-for-the-met-big-donors-in-marriage-bust-up.html
 "The World's Billionaires No. 287 Sid Bass". Forbes. Mar 8, 2007. Retrieved Oct 8, 2011.
Persondata
NameBass, Sid
Alternative names
Short description
Date of birthApril 9, 1942

Categories:
1942 births
Living people
American businesspeople in the oil industry
People from Fort Worth, Texas
American billionaires
Stanford Graduate School of Business alumni
Yale University alumni
American business biography, 1940s birth stubs

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