Jim Davies brought a new revolution in the business field of the footwear industry. He is prominently known for his consistency and hard work that led his company, New Balance, from a small level to $4 billion worth, which focuses on the manufacture of running shoes and also clothing and equipment for lacrosse and soccer.
With a spirit of healthy entrepreneurship and also philanthropy, Jim has helped the United States to become more physically fit and economically competitive.
Married, Wife, Children
Throughout the years, the famous business executive Jim Davis has been relishing his romantical bond with his wife, Anne Davis. Anne is the Vice-chairman and managing trustee of the New Balance Charitable Foundation.
James Davies and his wife Anne Lise (Photo: wikinetworth.com)
Despite their common professional life along with romantic navigation throughout the years, the couple has managed to conceal their romantic affairs from the public eye.
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Also, the details about when and where they officiated their wedding lies beyond the mystery. However, they have welcomed a couple of children in the course of their married life.
Together, Jim and Anne have set the standard for manufacturing business leaders based on their principled course. Currently, the long-time married couple relishes their happy married life along with a keen emphasis on their business career.
Net Worth And Career
Jim Davies is one of the wealthiest entrepreneurs in the world. As a business executive and entrepreneur, he has amassed the estimated net worth of $3.3 million. As per Forbes, Jim currently is the master of $7 billion of fortunes that he summons from his business. Jim served as a sales engineer and marketing manager for two Massachusetts-based technology companies. Later, he, along with his wife, Anne, bought a show running company, New Balance, in 1972.
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The company, which, the lovely pair started with six employees and made 30 pairs of shoes per day in a single location, currently has 4000 employees spread out over several spots around the world.
Also, the company earned $3.72 billion in global revenue in 2015, with its manufacture of 4 million pairs of footwear per year in the United States. Also, it has launched a line of shoes in conjunction with Heidi Klum (fiancee of Tom Kaulitz) and also has become the official footwear and clothing sponsor for the 'Red Sox.'
Currently, Jim and Anne manage their business proceedings as Chairman and Vice-Chairman, respectively. The happily married couple, who own an estimated 95% of the company now, reside together in their Gloucester, Massachusetts house, along with their kids.
With well-maintained health, the famous business executive Jim Davies is still alive till the date. He was born in 1943 in the United States, which makes him 76-years-old. The businessman celebrates his birthday on the 17th of May.
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He pursued his education from Worcester Academy before attending Middlebury College from where he garnered a Bachelor of Arts/Science. Also, he joined Boston College for his high school studies.