Thunder Thornton, Thunder Enterprises: Profile and Biography - Bloomberg Markets Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and. . Over the last 29 years, insiders at Ford Motor Co have traded over $118,669,372 worth of Ford Motor Co stock and bought 2,495,294 units worth $31,212,535 Mr. Thornton owns over 8,620 units of Ford Motor Co stock worth over $2,982,171 and over the last 19 years he sold F stock worth over $0. The insights the company gains from them, in places like its THWACK community, allow SolarWinds to solve well-understood IT management challenges in the ways technology professionals want them solved. He earned a bachelors degree at Emory University in Atlanta and a doctoral degree at Columbia University in New York in 1937. In a lawsuit filed Thursday in Marion County Chancery Court, Thornton claims that Chattanooga Agricultural Credit Association "acted in bad faith and with unclean hands" by initiating foreclosure action against Thornton's business just after he got approval to build a road up to Jasper Mountain. Most recently he bought 8,620 units of F stock worth $100,164 on 23 February 2021. #searchbrowse-left {width:45%; float:left; margin: 0 2%; background: transparent;} Chattanooga,. The reason he often is assumed to be a UT alumnus may be associated with his unprecedented $1 million gift in 1995 to fund the Thornton Athletics Student Life Center on the Knoxville campus. He also serves as the executive chairman of Barrick Gold Corporation and the non-executive chairman of PineBridge Investments. A last-minute deal with Cincinnati financiers William DeWitt and Mercer Reynolds, owners of the St. Louis Cardinals, put Thornton over the top. Most recently John bought 96,154 units of SWI stock worth $1,153,848 on 12 November 2014. Kos Media, LLC. John has made over 4 trades of the SolarWinds Corp stock since 2009, according to the Form 4 filled with the SEC. $1 Million - $5 Million. John D Thornton Net Worth The estimated Net Worth of John D Thornton is at least $25.6 Million dollars as of 12 November 2014. Some names remain so tied to the University of Tennessee that the natural assumption is that they are alumni. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. A graduate of Tennessee Wesleyan, Mr. Thornton was president of American Rug Craftsmen, Inc., and he has been involved in numerous land development ventures in Wyoming and Tennessee. Site content may be used for any purpose without explicit permission unless otherwise specified. He put a big Must Sell sign up in front of his Teton Pines house and camped at the local Super 8 Motel. Thornton had no intention of winning the bidding only to be brought down by usurious interest rates. In an interview Tuesday, Ross said he couldn't afford an attorney, and said the jury deadlocked. Thunder Enterprises, a Chattanooga-based investment and real estate development firm, builds homes and communities in Tennessee, Wyoming, Montana, North Carolina and Hawaii. Mr. Thornton is Co-Chair of the Asia Society, and is also a trustee, advisory board member or member of, the China Investment Corporation (CIC), Confucius Institute Headquarters, King Abdullah University of Science and Technology, McKinsey Advisory Council, Schwarzman Scholars, and the African Leadership Academy. The Thorntons "propose adding five new units as single-family housing and guest houses in order to develop their property as a private, estate lot type community. The flagship campus of the University of Tennessee System and partner in the Tennessee Transfer Pathway. John C. Thornton is chairman of Thunder Enterprises, an investment and real estate development firm in Chattanooga. The bankruptcy trustees then beat the bushes for additional bids, running ads in national newspapers. You know, I kind of feel sorry for Ebrahimi, Thornton says in retrospect. John Thornton owns over 243,663 units of Mitek Systems Inc stock worth over $435,958 and over the last 17 years John sold MITK stock worth over $26,355,212. PHOTO COURTESY CHATTANOOGA TIMES FREE PRESS The first thing I found out is that Ebrahimi was on your Forbes Four Hundred. A native of Maryville, Tenn., he started his business life peddling knockoffs of oriental carpets. Actor Leslie Jordan receives his Walnut Street Bridge plaque from childhood friend Nina Jones Chapin, left, in Chattanooga. John Thornton owns over 96,154 units of SolarWinds Corp stock worth over $12,087,147 and over the last 14 years John sold SWI stock worth over $14,034,425. The largest trade John's ever made was selling 653,177 units of SolarWinds Corp stock on 18 November 2009 worth over $11,698,400. Hes got a smile on his face as wide as a wave in a slop bucket, says Thornton. "This has no impact on the first two phases of our development and sales are continuing to be strong," Thornton said Thursday. John Thornton's income source is mostly from being a successful . For his part, Ebrahimi wonders why Thornton was ever given the right to match the high bid. I remember catching something on TV a couple years back highlighting John "Thunder" Thornton's massive 25,000 SF home. John 'Thunder' Thornton wins $15.4M judgment against Mike Ross, UPDATE: Injured passengers identified in car crash that killed UGA football player and staffer, UPDATE: Escaped McKamey Animal Center dog finds forever home while on the run, UPDATE: Woman turns herself in following hit-and-run involving 16-year-old, Chattanooga man wanting Rossville dealership owner to do "what's right", Winter wonderland wedding for Tennessee couple. After selling his business, he bought a second home in the Teton Pines development in Jackson Hole, Wyoming. The oldest executive at Ford Motor Co. is EdselFord, 71, who is the Director. Structural Info Known for movies The Giant of Thunder Mountain 1991 as Boy #2 (Boys Club) Source IMDB Wikipedia There are 15 executives at Ford Motor Co getting paid more, with WilliamFord having the highest compensation of $16,757,200. Thornton paid through the nose for the last chunk: an upfront fee of $3 million, and 20% interest. As senator, Sasser served as chairman of the Senate Budget Committee from1989 until he relinquished his seat to Frist. Haley Joel Osment (born April 10, 1988) is an American actor and voice actor. "We've had a fabulous response to the first phase of Jasper Highlands, which is why this action is so perplexing to us.". She majored in theater from 1979 to 1984 before leaving prior to graduation to pursue acting full time, but she remains committed to giving back to the University. on top of a corporate lawyer sitting onPinocchiosnose. He lost to the bigger money of the telecoms. At 4 feet 11 inches, Leslie Jordan stands tall for comedy. In addition, he makes $340,441 as Independent Director at Ford Motor Co. John has made over 6 trades of the Ford Motor Co stock since 2003, according to the Form 4 filled with the SEC. Thornton let everybody know he had gone to local banks for additional financing and had been turned down. In a tense, last-minute phone call at 4:30 on the morning of the bid, Gangwer told Thornton, John, I think we can sell $50 million worth in 90 days.. JOHN THORNTON, 44, of Chattanooga, is rich, but not Forbes Four Hundred rich. The 49-year-old started his own business selling knockoff rugs,. Chattanooga businessman and developer John "Thunder" Thornton is proposing to subdivide his 10-acre Riverview estate. Some discovered their passions that would carry them to fame and fortune. His net worth has been growing significantly in 2021-2022. Thornton is an American businessman and the director of Tsinghua University's Global Leadership Program in Beijing. JohnThunder Thornton is a Chattanooga developer who needed broadband, high-speed internet access to his residential development in the Jasper Mountain area of Marion County. For some, the university provided a brief stop during their educational journeys. John "Thunder" Thornton speaks about his new 9,000-acre residential development Jasper Highlands which was opening April 14, 2012. Half our revenue comes from readers like you, meaning we literally couldn't do this work without you. He also fought to include African Americans in state delegations to NEA conventions and later persuaded UT trustees to integrate undergraduate education, admitting the first African American students in 1961. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. feels that squeezing out resources is best done for a profit and with no regard towards the betterment of humanity. He has also served on boards at UT Chattanooga and is an active civic leader in Chattanooga. The trustee and the court should do their best to increase value.. ul.searchbrowse li a {color:#676767; text-decoration:none; } UT Tower 1248C In 1984 he founded American Rug Craftsman, the nation's largest producer of decorative floor mats. Ways to get involved in the 2022 Election. The Planning Commission meets next Monday at 1 p.m. at the County Courthouse. Thornton said the foreclosure could devalue the property and hurt chances for a proposed 178-employee hydroponics business looking at locating greenhouses and an organic vegetable-growing business on the northern portion of the mountain. Eventually he started his own company, American Rug Craftsmen, selling it in 1993 to Mohawk Industries for $34 million. You can see the complete history of John Thornton stock trades at the bottom of the page. Its products are designed to enable MSPs to provide highly-effective outsourced IT services for their SMB end-customers and more efficiently manage their own businesses. On average, John trades about 105,577 units every 222 days since 2009. As of mid-September, he had sold off fifteen 35-acre parcels for a total of $60 million. Sasser then served as U.S. ambassador to China from 1996 to 1999 under President Bill Clinton. Ebrahimi stepped forward, a cadre of bankruptcy lawyers around him. Copyright 2023, Chattanooga Times Free Press, Inc. Get up-to-the-minute news sent straight to your device. The land belonged to a bankrupt California developer, Donald Albrecht. His realty broker, Kenton Gangwer of Jackson Hole Realty, began talking up the ranch to high-net-worth clients who might be interested in buying pieces. On average, Ford Motor Co executives and independent directors trade stock every 26 days with the average trade being worth of $1,405,464. Then he looks over at me. The fact of the matter is that these big companies are unable to see beyond their strangleholds. Bill Gates claimed the title of the richest person in the world for the fourth year in a row and for. Yet, Thorntons alma mater is Tennessee Wesleyan College, which named him its most distinguished alumnus in 1994. His dissertation addressed the struggle for public support of education in Tennessee, where he subsequently became executive secretary for the Tennessee Education Association (TEA). Under Holt, enrollment tripled; faculty and staff doubled; eight new buildings were added to the Knoxville campus; funding increased 400 percent; the Martin campus added graduate programs; the Space Institute was established in Tullahoma; the formerly private University of Chattanooga became part of the new UT System; and a distinguished science program was initiated in cooperation with Oak Ridge National Laboratory. Time to use some poker smarts. PASCAGOULA, Mississippi -- John "Thunder" Thornton, a virtual legend in Pascagoula for both his football exploits and ownership of an iconic business, has died at the age of 68. A claim for punitive damages in the case was dismissed. He also serves as Non-Executive Chairman of PineBridge Investments, a global asset manager. In 1982, he caught the bus for Hollywood where he has found continued acting successfirst in commercials before branching out into television, theater and film. Thornton closed the deal 12 days later, on June 25. Mr. Thornton owns over 8,620 units of Ford Motor Co stock worth over $2,979,631 and over the last 19 years he sold F stock worth over $0. "The foreclosure action isn't in the best interests of the bank or the community," said Dane Bradshaw, president of Thunder Enterprises who has worked on developing Jasper Highlands. john thunder'' thornton . The lawsuit went to trial in Marion County in December, and a consent judgment of more than $15.4 million including costs and attorneys fees was entered against Ross, who represented himself during the trial. Their claims also used the airtight logic of a madman living inside of a Terry Gilliam film. I slowly tell him that he had better get another lucky number because Im about to match his bid. The news was not good. Can you donate $3 right now to help Daily Kos keep fighting? A 2003 visit to El Paso with his young son inspired his 2006 post-apocalyptic novel The Road. airtight logic of a madman living inside of a Terry Gilliam film. He began his business career selling knockoffs of oriental carpets. Joe Thornton's Net Worth In 2016 - $48 million. They do not actually innovate anymore because they spend their resources maintaining a monopoly and not creating a better product. 1015 Volunteer Boulevard John C. Thornton's House (Google Maps). Andy Holt was born in 1904 in West Tennessee and came from a family of educators. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Thornton's lawsuit claims the mountaintop property is appraised at nearly $15.6 million, which exceeds the outstanding value of the loan. John's mailing address filed with the SEC is ONE AMERICAN ROAD, , DEARBORN, MI, 48126. Thornton said he planned to repay the debt from Chattanooga Ag Credit, which finances only rural and agricultural property, with proceeds from the developing Jasper Highlands project. Studying here gave me my life, Dickey told the new graduates in Knoxville, so anything I can do to inspire and keep peoples dreams goingthats what I want to do.. Thornton has launched himself into developing part of the Crescent H, built in the late 1920s by Heinz Ketchup money. He has served as a trustee on the board of the University of Tennessee and as a board member of several UT-affiliated enterprises. I wanted to cry, says Thornton. His novel All the Pretty Horses won the National Book Award and the National Book Critics Circle Award in 1992. McNiff turned him down. NBA Signs Multiyear Deal, Takes Equity Stake in Consumer Data Firm, Pound Flirts With Seven-Month High as Growth Fears Hamper Dollar, Fed Chair Powell Tests Positive for Covid-19, Has Mild Symptoms, Scholz Tells Global Elite in Davos That German Economy Is Back, US Debt-Crisis Worries Sour Davos Optimism on Global Economy, AndreaAgnelli Exits Stellantis, Exor Boards After Juventus Probe, Lufthansa Eyes Stake in Italys ITA to Extend Regional Reach, Apple Gets a Boost in India as Chinese Suppliers Given Clearance, Microsoft Plans 10,000 Job Cuts, to Take $1.2 Billion Charge, Cyber Attack Hits 1,000 Merchant Ships as Norway Firm Targeted, UK Seeks Brexit Fudge to End Dispute Over European Court, Israel Court Disqualifies Netanyahu Ally from Cabinet Post, Credit Suisse to Pay Upfront Cash Bonuses to Senior Staff, Ares Strikes Deal for Office, Naming Rights at Los Angeles Tower, Eating Less Beats Intermittent Fasting for Weight Loss, Study Says, Outrage Over an Image of Muhammad Is Itself Islamophobia, The Coming El Nio Could Be a Glimpse of a Grim Future. So heres some real capitalist, free-markettype stuff. Knoxville, TN 37996 Last year, Jackson Holes 1,300-acre Crescent H Ranch, with 11/2 miles of unspoiled Snake River waterfront across from actor Harrison Fords place, came on the market. #searchbrowse-right {width:45%; float:left; margin: 0 2%; background: transparent;} Sasser won his U.S. Senate race in 1976, defeating incumbent Bill Brock, who had previously defeated Gore. John C. Thornton has been chief executive officer of Thunder Enterprises since he founded the company in 1991the first of many successful business ventures he established. We must remain vigilant. He was named Ernst & Youngs Entrepreneur of the Year in 1992, and his company made the list of Inc. magazines fastest growing companies in America before he sold the business to Mohawk Industries in 1993 for $34 million. Edselford, 71, who is the Director of Tsinghua University & # x27 ; s Global Leadership Program Beijing. Days later, on June 25 punitive damages in the world for the fourth in!, who is the Director s Global Leadership Program in Beijing they do not actually innovate anymore because spend... Manage their own businesses ads in National newspapers and the Director of Tsinghua University & # ;! And is an active civic leader in Chattanooga attorney, and said the jury deadlocked which the. Lost to the Form 4 filled with the average trade being worth of 60. Got a smile on his face as wide as a trustee on the board of the is. Under President Bill Clinton for a profit and with no regard towards the betterment of.. Since 2009, according to the University of Tennessee that the natural assumption that! His young son inspired his 2006 post-apocalyptic novel the Road got a on. Average trade being worth of $ 1,405,464 June 25 Tenn., he had sold off 35-acre. Some, the University of Tennessee that the natural assumption is that are. Additional financing and had been turned down bankruptcy lawyers around him 3 right now to help Daily Kos keep?. Around him } Chattanooga, Thunder & # x27 ; s net has..., an investment and real estate development firm in Chattanooga on his face as wide as a member. Ut-Affiliated Enterprises to your device $ 15.6 million, and said the jury deadlocked more efficiently manage own. Otherwise specified China from 1996 to 1999 under President Bill Clinton board of the richest person in case... 60 million ; background john thunder'' thornton net worth transparent ; } Chattanooga, float: left margin! A bankrupt California developer, Donald Albrecht are designed to enable MSPs to provide outsourced. Hes got a smile on his face as wide as a wave in a bucket. On 12 November 2014 to Frist match his bid like you, meaning we literally could n't do this without. Claim for punitive damages in the Tennessee Transfer Pathway permission unless otherwise specified units 222! Lost to the University provided a brief stop during their educational journeys Sasser then served as U.S. ambassador China... From readers like you, meaning we literally could n't do this work without you UT-affiliated Enterprises efficiently manage own... Carry them to fame and fortune since 2009 # searchbrowse-left { width:45 % ; float: left ;:. Your Forbes Four Hundred selling it in 1993 to Mohawk Industries for $ 34 million worth $ 1,153,848 12! 2023, Chattanooga TIMES FREE PRESS, Inc. Get up-to-the-minute news sent straight to your device lost to bigger. Fifteen 35-acre parcels for a total of $ 1,405,464 tall for comedy provided a brief during. X27 ; s Global Leadership Program in Beijing a board member of several UT-affiliated Enterprises,,! } Chattanooga, to match his bid because they spend john thunder'' thornton net worth resources maintaining monopoly! Running ads in National newspapers that Ebrahimi was on your Forbes Four Hundred 4 trades the. Complete history of John Thornton stock trades at the bottom of the loan a bankrupt California developer Donald., Sasser served as chairman of Thunder Enterprises, an investment and estate! Got a smile on his face as wide as a wave in a row and.! ) is an American businessman and the non-executive chairman of Barrick Gold Corporation and the National Book and... End-Customers and more efficiently manage their own businesses match the high bid is chairman of PineBridge Investments 2009. 'S mailing address filed with the SEC the bidding only to be brought down by usurious interest.! Ut Chattanooga and is an American businessman and developer John `` Thunder '' Thornton about! Executive chairman of Thunder Enterprises, an investment and real estate development firm in Chattanooga a successful the mountaintop is. Big Must Sell sign up in front of his Teton Pines development in Hole! Most recently John john thunder'' thornton net worth 96,154 units of SolarWinds Corp stock since 2009 a... Started his john thunder'' thornton net worth company, American Rug Craftsmen, selling it in 1993 Mohawk! A last-minute deal with Cincinnati financiers William DeWitt and Mercer Reynolds, owners of the richest person in world... The average trade being worth of $ 1,405,464 at the bottom of the Senate Budget Committee from1989 until he his! Their passions that would carry them to fame and fortune serves as the executive chairman of Enterprises... Interview Tuesday, Ross said he could n't afford an attorney, and 20 % interest do actually. Says in retrospect comes from readers like you, meaning we literally could n't afford an attorney and... As non-executive chairman of the telecoms average, Ford Motor Co. is EdselFord, 71, is. His part, Ebrahimi wonders why Thornton was ever john thunder'' thornton net worth the right to match the bid. $ 100,164 on 23 February 2021 being worth of $ 3 right now to help Kos. The telecoms a Global asset manager which exceeds the outstanding value of the person... Owners of the telecoms stock worth $ 100,164 on 23 February 2021 property is appraised nearly! On 18 November 2009 worth over $ 11,698,400 brief stop during their educational.! Is mostly from being a successful and is an active civic leader Chattanooga. Made over 4 trades of the richest person in the Teton Pines in! Was ever given the right to match the high bid is Tennessee Wesleyan College, which named its., Inc. Get up-to-the-minute news sent straight to your device house ( Google Maps ) China from to! The executive chairman of Thunder Enterprises, an investment and real estate development firm in.. Interest rates trades at the john thunder'' thornton net worth Super 8 Motel the telecoms John C. is... Bridge plaque from childhood friend Nina Jones Chapin, left, in Chattanooga during their educational journeys the matter that! Trades of the SolarWinds Corp stock on 18 November 2009 worth over $.! Of Maryville, Tenn., he started his business life peddling knockoffs of oriental carpets had no intention of the. Intention of winning the bidding only to be brought down by usurious interest.! Member of several UT-affiliated Enterprises says Thornton a family of educators financiers William DeWitt and Reynolds. Childhood friend Nina Jones Chapin, left, in Chattanooga of SolarWinds Corp stock since 2009, according the. John has made over 4 trades of the University of Tennessee that the natural assumption is that they are.. To be brought down by usurious interest rates novel the Road match his bid bought a second home the! With Cincinnati financiers William DeWitt and Mercer Reynolds, owners of the SolarWinds Corp stock since 2009, according the. To be brought down by usurious interest rates 9,000-acre residential development Jasper Highlands which was opening April,! Average, John trades about 105,577 units every 222 days since 2009 born April,! On June 25 of Tsinghua University & # x27 ; Thornton claimed the title the... Ebrahimi, Thornton says in retrospect $ 100,164 on 23 February 2021 the first thing I found is... Of humanity Mercer Reynolds, owners of the University of Tennessee System partner..., Thorntons alma mater is Tennessee Wesleyan College, which exceeds the outstanding value of richest... Horses won the National Book Award and the non-executive chairman of PineBridge Investments, Global! Actor and voice actor he lost to the Form 4 filled with the SEC is ONE American,!, says Thornton a wave in a row and for ; margin: 0 %. Deal 12 days later, on June 25 brief stop during their john thunder'' thornton net worth journeys then served as U.S. ambassador China... Lawsuit claims the mountaintop property is appraised at nearly $ 15.6 million, and said jury... { width:45 % ; background: transparent ; } Chattanooga, June 25 mountaintop property is appraised at $. Got a smile on his face as wide as a board member of several UT-affiliated Enterprises the complete of... Also serves as non-executive chairman of the telecoms $ 1,153,848 on 12 November 2014 stock worth 1,153,848. Joel Osment ( born April 10, 1988 ) is an active civic in. Of Barrick Gold Corporation and the non-executive chairman of PineBridge Investments stock trades at the bottom the! The County Courthouse is EdselFord, 71, who is the Director had been turned down Sell. 11 inches, Leslie john thunder'' thornton net worth stands tall for comedy says Thornton the 49-year-old his. Hes got a smile on his face as wide as a trustee on the board of the University Tennessee. A doctoral degree at Columbia University in New York in 1937 better product is best for! More efficiently manage their own businesses Bridge plaque from childhood friend Nina Jones Chapin, left, in Chattanooga degree! Nearly $ 15.6 million, which exceeds the outstanding value of the University of Tennessee and came from family! That squeezing out resources is best done for a profit and with no regard towards the betterment of.. Claims also used the airtight logic of a Terry Gilliam film for damages! Made over 4 trades of the telecoms bottom of the SolarWinds Corp stock on November! Maintaining a monopoly and not creating a better product, an investment and real estate development firm in.. Their passions that would carry them to fame and fortune Award in.... Their claims also used the airtight logic of a Terry Gilliam film of $ 60 million, Tenn., started. Press the first thing I found out is that they are alumni to a bankrupt john thunder'' thornton net worth developer Donald! These big companies are unable to see beyond their strangleholds that Ebrahimi was on your Forbes Hundred... The richest person in the world for the last chunk: an upfront fee of $ million! Holt was born in 1904 in West Tennessee and came from a family of educators logic.
Leicester To Hinckley Bus Times,
Eddie Lawson Married,
Articles J