John Fisher: An American Heir and Investor Worth $2.1 Billion
John Fisher, the youngest of three sons born to Doris and Donald Fisher, founders of The Gap, has a net worth of $2.1 billion. He is a Princeton graduate with an MBA from Stanford University and is the only one of the three Gap heirs who does not sit on the company’s board.
After finishing college, Fisher worked at the Republican National Committee’s mailroom and served as a fund-raiser for former President Reagan and then-Vice President Bush. Later, he worked for a real estate company that collaborated with Gap. He then served as the President of the family’s investment company Pisces Inc and became friends with Lewis Wolff.
Fisher’s passion for sports led him to buy The Oakland A’s baseball team and the San Jose Earthquakes MLS team. He also holds a small share in Glasgow Celtic, a Scottish football club. Moreover, he serves as the Chairman of the KIPP Foundation, which is dedicated to training teachers for the KIPP school chain.
The Fisher family, through various family trusts, own around 43% of The Gap’s shares and are one of the 30 largest landowners in the US, owning 440,000 acres in California alone. At the peak of the company’s performance, the Fisher family received $100 million a year in dividends alone.
