The late Foster Friess' House

The late Foster Friess' House
Jackson, Wyoming (WY), US
Foster S. Friess is the founder of Friess Associates an asset management firm that he grew to over $15.7 billion in assets managed. Forbes named the Brandywine Fund, a Friess Associates flagship that boasted an average of 20% annual gains in the 1990s, as one of the decade's top performers. He has been called a billionaire, but his real net worth has been estimated to be $530 million.

He is an active supporter of conservative politics and philanthropy. When he and his wife, Lynn, celebrated their 70th birthdays with four days of dinners, receptions and activities for 200 friends. All expenses were covered by the Friesses, and the weekend culminated with a dinner party at the Four Seasons Hotel in Teton Village. In the invitations to the party, he asked the guests to identify their favorite charity, and vowed to give $70,000 to the most worthy nominee. As the envelopes were distributed, Friess asked the lucky winner to stand up and shout, and for the other guests to remain seated. Within seconds of opening the envelopes, people exploded up from every table, shouting “I won! I won!” The Friesses had surprised their guests by writing $70,000 checks to every one of the nominated charities — a show of generosity that cost the hosts $7.7 million.
Foster S. Friess is the founder of Friess Associates an asset management firm that he grew to over $15.7 billion in assets managed. Forbes named the Brandywine Fund, a Friess Associates flagship that boasted an average of 20% annual gains in the 1990s, as one of the decade's top performers. He has been called a billionaire, but his real net worth has been estimated to be $530 million.

He is an active supporter of conservative politics and philanthropy. When he and his wife, Lynn, celebrated their 70th birthdays with four days of dinners, receptions and activities for 200 friends. All expenses were covered by the Friesses, and the weekend culminated with a dinner party at the Four Seasons Hotel in Teton Village. In the invitations to the party, he asked the guests to identify their favorite charity, and vowed to give $70,000 to the most worthy nominee. As the envelopes were distributed, Friess asked the lucky winner to stand up and shout, and for the other guests to remain seated. Within seconds of opening the envelopes, people exploded up from every table, shouting “I won! I won!” The Friesses had surprised their guests by writing $70,000 checks to every one of the nominated charities — a show of generosity that cost the hosts $7.7 million.
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Links: en.wikipedia.org, fostersoutriders.com, fostersoutriders.com, horatioalger.org, m.facebook.com, twitter.com, www.youtube.com, www.instagram.com
By: Champion3

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CaptainSerious picture
CaptainSerious
@ 2023-08-08 09:01:12
Foster Friess, the visionary investor and philanthropist, passed away on May 27, 2021. Yesterday, his widow Lynnette Estes Friess listed their stunning mountain retreat in Jackson, WY for $10 million. This idyllic property boasts breathtaking views of the Teton Range, four en-suite bedrooms, a fully finished basement, and a spacious 3-car garage. It harmoniously combines comfort, functionality, and the tranquility of nature.

Foster had an inspirational life story, growing up in Wisconsin and becoming a first-generation college graduate. He served as an Army Infantry Platoon Leader and went on to found Friess Associates, a successful investment firm renowned for their Brandywine Fund. Foster's exceptional investment skills earned him recognition as one of the great investors of the century and a spot among the top money managers on Forbes magazine's list.

With a deep commitment to philanthropy, Foster and Lynnette contributed over $500 million to various causes. Foster received prestigious awards, such as the Muhammad Ali Humanitarian Award and the Horatio Alger Award. He passionately supported diverse philanthropic endeavors, from assisting families with disabled children to aiding victims of natural disasters. His initiative Rachel's Challenge, which encourages kindness among students, has made a significant impact, averting school shootings and suicides.

Additionally, Foster played a pivotal role in launching influential organizations, including the Daily Caller and Turning Point USA. In 2021, he was honored with the Conservative Lifetime Achievement Award.

Though Foster's passing is a profound loss, his legacy lives on through Foster's Outriders; www.fostersoutriders.com. This organization remains dedicated to promoting American values across political affiliations, continuing the work Foster championed throughout his lifetime.

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