Alfred P. Sloan Net Worth, spouse, young children, awards, movies

$250,000,000

Alfred P. Sloan, the famous American business executive and former president, chairman, and CEO of General Motors Corporation, had a net worth of $250 million at the time of his death in 1966. Adjusting for inflation, that would be equivalent to $2 billion today. Despite his significant wealth, Alfred and his wife Irene were also known for their philanthropy, donating hundreds of millions of dollars to charity through the Alfred P. Sloan Foundation, which now controls $1.9 billion in assets.

Key facts:

Alfred P. Sloan was an American business executive who was best known for being the president, chairman, and CEO of General Motors Corporation.

Under Sloan's leadership, GM became one of the largest and most successful corporations in the world, with its market share increasing from 10% to over 50% during his tenure.

Sloan was a pioneer in the automotive industry, introducing concepts such as the annual model change, industrial engineering, brand architecture, automotive design, and planned obsolescence.

He believed in investing in research and development, constantly improving products, and using market research to better serve consumer preferences.

Alfred P. Sloan was also a philanthropist, establishing the Alfred P. Sloan Foundation which supports scientific research and education.

Basic Information About Alfred P. Sloan

Category	Business › CEOs
Net worth	$250,000,000
Date of birth	1875-05-23
Place of birth	New Haven, Connecticut
Date of death	1966-02-17 (aged 90)
Social Media	↗︎ Wikipedia

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Alfred P. Sloan's photos

References & Fact Checks ✅

1/ Filename: alfred-p-sloan-on-the-cover-of-time-magazine-december-27-1926-t13X790o.jpg

Checked: ✅ Yes (2023-07-04 00:55:38)
Source URL: https://en.wikipedia.org/wiki/File:Alfred_P._Sloan_on_the_cover_of_TIME_Magazine,_December_27,_1926.jpg
Original Source: http://www.time.com/time/covers/0,16641,19261227,00.html
Author: Artist: S. J. Woolf (Samuel Johnson Woolf, 1880-1948)

2/ Filename: mitsloane62-p910c59B.jpg