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Richard Fairbank Biography

Richard Fairbank is an American prominent billionaire businessman. He founded Capital One with Nigel Morris in 1994. Fairbank is a non-executive director of MasterCard International and the chairman of its U.S. region board of directors. 

He is a member of the Stanford Business School advisory council, the Financial Services Roundtable, and the board of directors of the BITS Technology Forum.

Fairbank has been awarded Washingtonian’s “Business Leader of the Year”, Worth’s list of the top 10 CEOs and “50 Best CEOs”, Future Banker’s list of “influential personalities in financial services”, Credit Card Management’s “Entrepreneur of the Year”; and The Gartner Group’s “Excellence in Technology.”

Education

In 1972, Fairbank earned a bachelor’s degree in economics from Stanford University, and an MBA from the Stanford Graduate School of Business in 1981, where he graduated first in his class, as well as receiving the excellence in leadership award from the University in 2006.

Richard Fairbank Age

He was born Richard Dana Fairbank on September 18, 1950. 

Richard Fairbank Wife

He is married to Chris Fairbank and together they have eight children.

Richard Fairbank Kids

Richard Fairbank has eight children.

Richard Fairbank Height

Richard Fairbank height is 1.7 m 

Richard Fairbank Net worth

His net worth, including current equity holdings, is about $1.1 billion USD, according to the Bloomberg Billionaires Index.

Richard Fairbanks Foundation

The Richard M. Fairbanks Foundation, Inc. was established in 1986 by Richard M. (“Dick”) Fairbanks, the founder, and owner of Fairbanks Communications, Inc., a privately held company.

Fairbanks Foundation continues to focus its grantmaking in Indianapolis and in the area of Health as well as the Vitality of Indianapolis that emerged during Dick Fairbanks’s tenure as President of the Foundation. The funding themes within each focus area continuously evolve to reflect lessons learned from prior grants and the changing local and national environment.

Richard Fairbanks School Of Public Health

The Fairbanks School of Public Health is fully accredited by the Council on Education for Public Health (CEPH). The school is dedicated to the pursuit of health for all people. They are committed to ensuring that their programs are rigorous, intellectually challenging, and rewarding to all.

Career

In 2009 while a CEO of Capital One Financial he earned a total of $6,076,805, which included no base salary, no cash bonus, $2,000,019 in stock awards, $4,000,001 in option awards, and $76,785 in other compensation.

Fairbank’s total compensation was $22.6 million in 2012. Since 1997, he has received a base salary of zero dollars. In January 2018, with Capital One’s share price reaching a record high, Fairbank’s net worth rose to about $1.1 billion.