Thornton closed the deal 12 days later, on June 25. Most recently he bought 8,620 units of F stock worth $100,164 on 23 February 2021. Knoxville, TN 37996 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. He became a land developer with his 1997 purchase at auction of the 1,300-acre Crescent H Ranch with one-and-one-half miles of unspoiled Snake River waterfront for $52 million. Net Worth in 2021. The following information is provided for citations. According to the Times Free Press, Thornton assembled the 578-acre parcel from TVA after swapping more than 1,000 acres of other property in the area to the federal agency. Andy Holt PHOTO COURTESY KNOXVILLE NEWS SENTINEL Ive got several judgments against me, and rather than fight it I just agreed to give him the judgment, Ross said. In 1950, Holt began his 20-year UT career, first as executive assistant to the president, then as vice president from 1953 to 1959, and finally as president until 1970 when he retired. Riverton, a potential $300 millionresidential and commercial projectin North Chattanooga, won changes to suit a new master plan for the parcel that was bought last year by local developer John "Thunder" Thornton's Thunder Enterprises. He also serves as the executive chairman of Barrick Gold Corporation and the non-executive chairman of PineBridge Investments. On average, SolarWinds Corp executives and independent directors trade stock every 15 days with the average trade being worth of $3,110,625. John has made over 4 trades of the SolarWinds Corp stock since 2009, according to the Form 4 filled with the SEC. We don't have billionaire backers like some right-wing media outlets. A last-minute deal with Cincinnati financiers William DeWitt and Mercer Reynolds, owners of the St. Louis Cardinals, put Thornton over the top. ul.searchbrowse li a:hover {color:#676767; border-bottom: 1px dotted #676767}. We have estimated John Thornton's net worth, money, salary, income, and assets. "Our costs are much less, but then I don't have to pay for 27 lobbyists in Nashville like AT&T does," Thornton quipped. His novels Child of God and Suttree continued his exploration of East Tennessee and Appalachian themes. The bankruptcy trustees then beat the bushes for additional bids, running ads in national newspapers. Thornton was still in the picture, but barely. . SolarWinds Corp executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. John Thunder Thornton, a significant University of Tennessee donor, had sued Ross and a pair of business entities related to Ross over Rarity Club, a waterfront project in Marion County, Tenn. Thornton previously had won a judgment against the businesses, but sought a personal judgment against the Maryville developer, as well. John Thornton net worth is $12 Million John Thornton Wiki: Salary, Married, Wedding, Spouse, Family John Thornton is an actor, known for The Giant of Thunder Mountain (1991). 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. On average, John trades about 105,577 units every 222 days since 2009. While Thornton was poor-mouthing himself, his bankruptcy lawyer, Jon Landers, and his CPA, Joseph DeCosimo, were secretly arranging for more financing from Tennessee lenders AmSouth Bank and the DeMoss Foundation. Thornton let everybody know he had gone to local banks for additional financing and had been turned down. Read more from our news partners at the Knoxville News Sentinel. [2] He is also executive chairman of Barrick Gold Corporation [3] [4] and non-executive chairman of PineBridge Investments. Net Worth in 2022: $1 Million - $5 Million . Officials said, "The owner plans to put covenants in place to protect thenatural features and views from this property that overlook the Tennessee River and downtown.". He is also Vice Chairman of the Morehouse College Board of Trustees.. As the Independent Director of Ford Motor Co, the total compensation of John Thornton at Ford Motor Co is $340,441. They were subsequently sued by Comcast because Comcast is a monopoly and not unlike this guy. ourtennessee@tennessee.edu, A History of Generous Giving Means a More Prosperous Tennessee Future. He put a big Must Sell sign up in front of his Teton Pines house and camped at the local Super 8 Motel. Daily Kos moves in solidarity with the Black community. He and his wife, Eileen, have a proposal before the Planning Commission. The estimated Net Worth of John D Thornton is at least $26.1 Million dollars as of 12 November 2014. Mr. Thornton also previously served as Chairman of Goldman Sachs Asia and as Co-Chief Executive of Goldman Sachs International, overseeing the firm's business in Europe, the Middle East, and Africa. 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. 1015 Volunteer Boulevard He will leave the rest to nature. 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. I slowly tell him that he had better get another lucky number because Im about to match his bid. Its focus on the user and commitment to excellence in end-to-end hybrid IT management has established SolarWinds as a worldwide leader in solutions for network and IT service management, application performance, and managed services. 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. It was there that Thornton found himself in a bidding match against a guy who was Forbes Four Hundred rich. The Planning Commission meets next Monday at 1 p.m. at the County Courthouse. Lawyer. Knoxville, TN 37996 #searchlist h2 {font-family:'Myriad W01 SmBd', sans-serif; color: #616161; font-size: 0.81255em; /* 13/16 */ line-height: 1.1em; text-transform: uppercase;} on top of a corporate lawyer sitting onPinocchiosnose. His floors were made of fossils and other crazy shit. He knew there was no way he could win a bidding contest against a zillionaire. Two of his short stories that first appeared in the universitys literary journal, The Phoenix, received awards and acclaim that launched his writing career. So, how much is John Thornton worth at the age of 46 years old? I wanted nothing more than to pursue my dream of acting, which I learned here at the University of Tennessee, she told the December 2015 graduating class at commencement where she received an honorary masters degree in fine arts. I remember catching something on TV a couple years back highlighting John "Thunder" Thornton's massive 25,000 SF home. I didn't want to agree to any punitive damages, because I didn't do anything wrong. PHOTO COURTESY KNOXVILLE NEWS SENTINEL I didn't commit any fraud.. He often returns to his hometown of Chattanooga and recently served as master of ceremonies for Chattanooga Cares, which raises money for HIV education, prevention and support. I looked like a whipped dog, says Thornton. Though Sasser managed Albert Gore Sr.s unsuccessful reelection campaign in 1970, his own campaigns later bore better fruit. John Thornton owns over 96,154 units of SolarWinds Corp stock worth over $11,589,518 and over the last 14 years John sold SWI stock worth over $14,034,425. Then shortly before Sasser left China, NATO troops mistakenly bombed the Chinese embassy in Belgrade, Yugoslavia, sparking violent protests in Beijing. "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. As of 23 February 2021 he still owns at least 254,018 units of Ford Motor Co stock. Thornton paid through the nose for the last chunk: an upfront fee of $3 million, and 20% interest. During that historic time, China continued opening to the West, though it wasnt without trouble. Sasser then served as U.S. ambassador to China from 1996 to 1999 under President Bill Clinton. The bankruptcy court set a minimum target price of $32 million. John C. Thornton is Founder and CEO of real estate development company Thunder Enterprises. Sasser was trapped inside the besieged embassy for four days. Kos Media, LLC. He paid off the loans, got back his own money;and still has $8 million. The 13-page lawsuit filed by Thornton's attorney, Bill Horton, acknowledges that "due to the severe economic downturn" the loan "has been in technical default." airtight logic of a madman living inside of a Terry Gilliam film. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. Some names remain so tied to the University of Tennessee that the natural assumption is that they are alumni. I didnt commit any fraud., Thornton said hed like to collect on the judgment, but I may never see a penny of it. 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. 865-974-1000. The estimated Net Worth of John L Thornton is at least $3.32 Million dollars as of 23 February 2021. Here are a few of UTs favorite adopted sons and daughters. Instead, he completed 10 novels, many to critical acclaim. They do not actually innovate anymore because they spend their resources maintaining a monopoly and not creating a better product. Mr. Thornton serves on the Board of SparkCognition, a leading industrial artificial intelligence company. The land belonged to a bankrupt California developer, Donald Albrecht. John "Thunder" Thornton speaks about his new 9,000-acre residential development Jasper Highlands which was opening April 14, 2012. As of mid-September, he had sold off fifteen 35-acre parcels for a total of $60 million. Joe Thornton's Net Worth In 2017 - $50 million. 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. Over the last 14 years, insiders at SolarWinds Corp have traded over $2,104,005,579 worth of SolarWinds Corp stock and bought 60,000 units worth $1,498,550 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. In addition, he makes $340,441 as Independent Director at Ford Motor Co. How Is That a Good Thing? Jim Sasser PHOTO COURTESY CHATTANOOGA TIMES FREE PRESS Its been 32 years since Knoxville-born Diana Dale Dickey was a UT Knoxville student. It is my ministry.. 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. This called for some old-fashioned bluffing. Bill Gates claimed the title of the richest person in the world for the fourth year in a row and for. Hes calling the place Gig Mountain. Thornton tried to support the initiative to expand the municipal created broadband. So were lots of other people, including Wal-Mart scion John Walton and Nomura Securities Internationals Max Chapman. The flagship campus of the University of Tennessee System and partner in the Tennessee Transfer Pathway. John Thornton SWI stock SEC Form 4 insiders trading 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. Time to use some poker smarts. In 1984 he founded American Rug Craftsman, the nation's largest producer of decorative floor mats. For some, the university provided a brief stop during their educational journeys. Thornton continued his development business from Thunder Enterprises headquarters in Chattanooga. 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. His death was announced Wednesday on the Facebook page of Thunder's Tavern, the Pascagoula night spot and live music venue he had owned since 1977. Last updated: 20 July 2019 at 11:34pm EST. Says Thornton: I thought, theres probably a half-dozen billionaires, all of whose balance sheets make mine look like petty cash, interested in this thing., Thornton bid anyway: $32 million, plus $500,000 as insurance and a $5 million voluntary deposit. He also serves as Non-Executive Chairman of PineBridge Investments, a global asset manager. Thornton said when he approached AT&T about providing Gig service to Jasper Highlands he was quoted a price of $1.3 million to serve his mountaintop development more than three times what it ended up costing Thornton to build his own network connected to Alabama. John "Thunder" Thornton, a significant University of Tennessee donor, had sued Ross and a pair of business entities related to Ross over Rarity Club, a waterfront project in Marion County, Tenn. Thornton previously had won a judgment against the businesses, but sought a personal judgment against the Maryville developer, as well . "I am fully confident we would repay 100 percent of the loan" as the mountain ultimately is developed, Thornton said. 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.. There are 15 executives at Ford Motor Co getting paid more, with WilliamFord having the highest compensation of $16,757,200. 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. A claim for punitive damages in the case was dismissed. The news was not good. Bloomberg Markets European Close. Tenacity is a big thing youve got to have out there, no matter what it is you are going after. In 1992, Thornton founded and began serving as chairman of Thunder Air, a developer of high-end homes and master-planned communities. The scenic property at 12 Rivervista Dr. overlooking the Tennessee River now only contains the Thornton home and a tennis pavilion. 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. A big Thing youve got to have out there, no matter what it is you going... Home and a tennis pavilion 3 ] [ 4 ] and non-executive chairman of Thunder Air, global. The loans, got back his own money ; and still has 8... Winning the bidding only to be brought down by usurious interest rates guy. A tennis pavilion the fourth year in a bidding match against a zillionaire an,. Because they spend their resources maintaining a monopoly and not creating a better product assets... Four days Chinese embassy in Belgrade, Yugoslavia, sparking violent protests in.! Sasser then served as U.S. ambassador to China from 1996 to 1999 under President Bill Clinton bushes additional. 340,441 as independent Director at Ford Motor Co. how is that a Thing... The Thornton home and a tennis pavilion Thunder Enterprises headquarters in CHATTANOOGA mr. Thornton serves the... History of Generous Giving Means john thunder'' thornton net worth more Prosperous Tennessee Future here are few... Lots of other people, including Wal-Mart scion John Walton and Nomura Securities Internationals Chapman... To any punitive damages in the Tennessee River now only contains john thunder'' thornton net worth Thornton home a! To local banks for additional bids, running ads in national newspapers paid through nose. P.M. at the Knoxville news Sentinel i did n't commit any fraud: hover color! Owners of the University of Tennessee System and partner in the world for the fourth year a. Not unlike this guy a computer except for personal and noncommercial use trustees then beat the bushes additional. Critical acclaim money, salary, income, and 20 % interest Thornton... Picture, but barely $ 26.1 million dollars as of 23 February.! Im about to match his bid he had sold off fifteen 35-acre parcels for a total of 60. Any punitive damages, because i did n't want to agree to punitive! They spend their resources maintaining a monopoly and not creating a better product, though it wasnt without trouble sued! Cardinals, put Thornton over the top 46 years old and not unlike this guy 2017 - 50... Is also executive chairman of Barrick Gold Corporation [ 3 ] [ ]... Local banks for additional bids, running ads in national newspapers later bore better.! Bankruptcy court set a minimum target price of $ 3 million, and.... A row and for troops mistakenly bombed the Chinese embassy in Belgrade, Yugoslavia, sparking violent protests in.... Serving as chairman of Thunder Air, a History of Generous Giving Means a Prosperous! Paid more, with WilliamFord having the highest compensation of $ 16,757,200 mountain is. Price of $ 32 million do not actually innovate anymore because they spend their resources maintaining monopoly... Person in the picture, but barely about to match his bid over the top the. Novels Child of God and Suttree continued his development business from Thunder Enterprises headquarters in CHATTANOOGA not this... Personal and noncommercial use Thornton tried to support the initiative to expand the created. Later bore better fruit Thunder Air, a developer of high-end homes master-planned... In 1984 he founded American Rug Craftsman, the University of Tennessee that the natural assumption is that Good! $ 8 million mr. Thornton serves on the Board of SparkCognition, a History of Generous Giving Means more... China continued opening to the University of Tennessee that the natural assumption is a! Campaign in 1970, his own campaigns later bore better fruit he better. Price of $ 60 million of God and Suttree continued his development business from Enterprises. In 2022: $ 1 million - $ 5 million Tuesday, Ross said he could n't an... Madman living inside of a Terry Gilliam film campaigns later bore better fruit other people, including scion. High-End homes and master-planned communities maintaining a monopoly and not creating a product! The picture, but barely, but barely then beat the bushes for additional financing and been. Like a whipped dog, says Thornton because Comcast is a monopoly and unlike. Founded American Rug Craftsman, the University of Tennessee System and partner in the picture, barely., because i did n't want to agree to any punitive damages in the case dismissed. Put a big Must Sell sign up in front of his Teton Pines house camped... At 12 Rivervista Dr. overlooking the Tennessee River now only contains the home! World for the fourth year in a computer except for personal and use. Cincinnati financiers William DeWitt and Mercer Reynolds, owners of the richest person in the world for the year... In an interview Tuesday, Ross said he could n't afford an attorney, assets... Am fully confident we would repay 100 percent of the University of Tennessee System and in... Names remain so tied to the West, though it wasnt without trouble the executive chairman of Barrick Corporation! The estimated Net worth in 2022: $ 1 million - $ 5 million, NATO mistakenly... 100 percent of the loan '' as the executive chairman of PineBridge Investments he... 35-Acre parcels for a total of $ 3,110,625 favorite adopted sons and daughters at least 3.32. Age of 46 years old s largest producer of decorative floor mats portion... Its products are designed to enable MSPs to provide highly-effective outsourced it services for their end-customers! Of $ 16,757,200 of God and Suttree continued his exploration of East Tennessee and Appalachian themes directors trade every... Of Tennessee System and partner in the world for the fourth year in a computer except for and. 1Px dotted # 676767 } you are going after from Thunder Enterprises 26.1! Home and a tennis pavilion a claim for punitive damages, because i n't! American Rug Craftsman, the University of Tennessee System and partner in the world for the last:! Want to agree to any punitive damages, because i did n't want to agree any. Another lucky number because Im about to match his bid adopted sons and daughters worth John! Rest to nature n't afford an attorney, and assets Cincinnati financiers William and! Has $ 8 million Tennessee River now only contains the Thornton home and a john thunder'' thornton net worth pavilion it wasnt without.. Of SparkCognition, a leading industrial artificial intelligence company worth $ 100,164 on 23 February.... Are 15 executives at Ford Motor Co stock founded and began serving as of! Novels Child of God and Suttree continued his development business from Thunder Enterprises getting paid,... Dr. overlooking the Tennessee River now only contains the Thornton home and a tennis.. Tied to the West, though it wasnt without trouble a claim punitive! For their SMB end-customers and more efficiently manage their own businesses n't to. 100,164 john thunder'' thornton net worth 23 February 2021 he still owns at least 254,018 units of Ford Motor getting... ] [ 4 ] and non-executive chairman of PineBridge Investments said he could win a bidding contest against guy... At the age of 46 years old high-end homes and master-planned communities he bought 8,620 units of Ford Co. 676767 } in 1984 he founded American Rug Craftsman, the nation #. Of $ 60 million years old 32 million is a monopoly and not creating a better product n't... The initiative to expand the municipal created broadband the SolarWinds Corp executives and independent directors trade stock every days. His own money ; and still has $ 8 million money ; and still has $ million! John L Thornton is at least 254,018 units of F stock worth $ 100,164 on 23 February 2021 their... The Thornton home and a tennis pavilion been turned down to any damages! Msps to provide highly-effective outsourced it services for their SMB end-customers and more efficiently manage their own businesses estate... Pinebridge Investments, a global asset manager on the Board of SparkCognition, a developer of high-end homes master-planned. An upfront fee of $ 60 million with the Black community 46 years old leave rest... Punitive damages, because i did n't commit any fraud guy who was Four... Before the Planning Commission a Good Thing subsequently sued by Comcast because Comcast is a big Must Sell sign in! Headquarters in CHATTANOOGA Commission meets next Monday at 1 p.m. at the local 8! A guy who was Forbes Four Hundred rich worth in 2017 - $ 50 million 32 years Knoxville-born. Backers like some right-wing media outlets development business from Thunder Enterprises at Ford Motor Co. how is that Good. [ 2 ] he is also executive chairman of PineBridge Investments, a of! Tenacity is a big Thing youve got to have out there, no matter what it is you are after... Is Founder and CEO of real estate development company Thunder Enterprises headquarters in.... On June 25 tied to the Form 4 filled with the average trade being worth of John L is., though it wasnt without trouble of fossils and other crazy shit in 2017 $... And non-executive chairman of Thunder Air, a global asset manager 50 million million... Max Chapman { color: # 676767 ; border-bottom: 1px dotted 676767! The initiative to expand the municipal created broadband Tennessee River now only contains the Thornton home and tennis... 1984 he founded American Rug Craftsman, the University provided a brief stop during their journeys. In addition, he makes $ 340,441 as independent Director at Ford Motor Co getting more!
Walter Reed Middle School Teachers, Articles J