Wilbur Ross

Wilbur Ross
39th United States Secretary of Commerce
In office
February 28, 2017 – January 20, 2021
PresidentDonald Trump
DeputyKaren Dunn Kelley
Preceded byPenny Pritzker
Succeeded byGina Raimondo
Personal details
Born (1937-11-28) November 28, 1937 (age 86)
Weehawken, New Jersey, U.S.
Political partyRepublican (2016–present)
Other political
affiliations
Democratic (before 2016)
Spouse(s)
Judith Nodine
(m. 1961; div. 1995)

(m. 1995; div. 2000)

(m. 2004)
Children2
EducationYale University (BA)
Harvard University (MBA)

Wilbur Louis Ross Jr. (born November 28, 1937) is an American businessman who served as the 39th United States Secretary of Commerce from 2017 to 2021. A member of the Republican Party, Ross was previously chairman and chief executive officer of WL Ross & Co from 2000 to 2017.

Ross ran the bankruptcy restructuring practice at N M Rothschild & Sons in New York beginning in the late 1970s. In the 1990s, Ross was an adviser to New York City mayor Rudy Giuliani on privatization, and was appointed by U.S. president Bill Clinton to the board of The U.S. Russia Investment Fund. In 2000, he left Rothschild to found WL Ross & Co. Ross was a banker known for acquiring and restructuring failed companies in industries such as steel, coal, telecommunications and textiles, later selling them for a profit after operations improved, a record that had earned him the moniker "King of Bankruptcy".[1] Ross has been chairman or lead director of more than 100 companies operating in more than 20 countries. In 2017, Ross became commerce secretary in the Donald Trump administration; at age 79, Ross was the oldest first-time Cabinet appointee in U.S. history.

  1. ^ Parkinson, John (January 18, 2017). "'King of Bankruptcy' Wilbur Ross Grilled on Trade, Climate Change and Infrastructure During Confirmation Hearing". ABC News.