Difference between revisions of "Jon Huntsman, Sr."
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− | [[image:Mormon_Jon_Meade_Huntsman,_Sr..jpg|250px|right|alt=Mormon Businessman and Philantropist Jon M. Huntsman Sr|Mormon Businessman and Philantropist Jon M. Huntsman Sr]]'''Jon Meade Huntsman, Sr.''' (born 1937 in | + | [[image:Mormon_Jon_Meade_Huntsman,_Sr..jpg|250px|right|alt=Mormon Businessman and Philantropist Jon M. Huntsman Sr|Mormon Businessman and Philantropist Jon M. Huntsman Sr]]'''Jon Meade Huntsman, Sr.''' (born in 1937 in Blackfoot, Idaho) was a businessman and philanthropist. He was the founder of the Huntsman Corporation and was one of the state of Utah's most successful and powerful people. He died on February 2, 2018, in his home in Utah, surrounded by his family. At the time of his death, the Huntsman Corporation was valued at $11 billion.[http://www.apnewsarchive.com/2018/Utah-billionaire-and-philanthropist-Jon-Huntsman-Sr-has-died-at-the-age-of-80-/id-1f5c8a74d51a491aafcfaa92506e4961] |
− | + | Huntsman grew up in poverty, graduated from Wharton School of the University of Pennsylvania|the Wharton School, worked as a staff member in the Richard Nixon administration, and finally worked for Dow Chemical Company before starting his own business in 1982. That business grew into a multi-billion dollar company, Huntsman Chemical. He was a devout member of http://Mormon.org [The Church of Jesus Christ of Latter-day Saints] and served as an [[Area Authority Seventy]] and as a member of the Fifth Quorum of the Seventy. He has also served as [[stake]] president and as [[mission president]] in the Washington D. C. Mission. | |
− | In 2007, Huntsman co-founded a new | + | In 2007, Huntsman co-founded a new private equity firm, H&G Capital Partners, joining former Bain Capital executive [[Robert C. Gay]] to focus on investments in middle market companies. Among Huntsman's partners is Pro Football Hall of Fame quarterback [[Steve Young]]. |
− | + | Huntsman had been an important donor to several causes, both locally in Utah and nationally. One of his most notable causes is his co-founding of the [http://www.hci.utah.edu Huntsman Cancer Institute]. His namesake HCI building holds this quote "Selfless giving unto others represents one's true wealth." | |
− | + | Other notable causes include: his co-operative fundraising initiatives for his fraternity, Sigma Chi; the Wharton School, which named its main building after him; the University of Utah, which named its main arena, Jon M. Huntsman Center, after him; a new law library at [[Brigham Young University]], which at his request was named after [[Howard W. Hunter]]; notable family philanthropy in earthquake ravaged Armenia and a new library at Southern Utah University, which he also requested be named after someone else; and the Jon M. Huntsman School of Business at Utah State University. He and his family also gave generously to Utah's homeless shelters. | |
− | + | Huntsman met his wife, Karen, after moving to California during his teens. They were married in the 1970s, and they are the parents of nine children. Their oldest son, [[Jon Huntsman, Jr.]], was elected governor of [[Utah]] in 2004, ran for president of the United States in 2012, and serves as U.S. Ambassador to Russia (he is former Ambassador to China and Singapore). Their second oldest son, [[Peter R. Huntsman]], heads the Huntsman Corporation; his wife, Brynn, is a daughter of Acting President of the [[Quorum of the Twelve]] M. Russell Ballard]]. Huntsman's daughter Jennifer is married to one of [[Bonnie D. Parkin]]'s sons (she was [[Relief Society]] general president from 2002 to 2007.. Karen Huntsman is a daughter of former Church apostle [[David B. Haight]]. | |
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Huntsman authored and published the book "Winners Never Cheat: Everyday Values We Learned as Children (But May Have Forgotten)" in 2005, published by Wharton School Publishing. In the book, Huntsman conveys moral lessons drawn from his life's experience. | Huntsman authored and published the book "Winners Never Cheat: Everyday Values We Learned as Children (But May Have Forgotten)" in 2005, published by Wharton School Publishing. In the book, Huntsman conveys moral lessons drawn from his life's experience. | ||
Time Magazine identified Huntsman as the sixth largest philanthropist in the United States in 2000.<ref>[http://deseretnews.com/dn/view/0,1249,270019062,00.html Deseret News article]</ref> In 2007, Huntsman gave $750 million in contributions and donations, placing him second on The Chronicle of Philanthropy's list of the nation's top 50 givers. | Time Magazine identified Huntsman as the sixth largest philanthropist in the United States in 2000.<ref>[http://deseretnews.com/dn/view/0,1249,270019062,00.html Deseret News article]</ref> In 2007, Huntsman gave $750 million in contributions and donations, placing him second on The Chronicle of Philanthropy's list of the nation's top 50 givers. | ||
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==References== | ==References== |
Revision as of 19:37, 4 February 2018
Jon Meade Huntsman, Sr. (born in 1937 in Blackfoot, Idaho) was a businessman and philanthropist. He was the founder of the Huntsman Corporation and was one of the state of Utah's most successful and powerful people. He died on February 2, 2018, in his home in Utah, surrounded by his family. At the time of his death, the Huntsman Corporation was valued at $11 billion.[1]Huntsman grew up in poverty, graduated from Wharton School of the University of Pennsylvania|the Wharton School, worked as a staff member in the Richard Nixon administration, and finally worked for Dow Chemical Company before starting his own business in 1982. That business grew into a multi-billion dollar company, Huntsman Chemical. He was a devout member of http://Mormon.org [The Church of Jesus Christ of Latter-day Saints] and served as an Area Authority Seventy and as a member of the Fifth Quorum of the Seventy. He has also served as stake president and as mission president in the Washington D. C. Mission.
In 2007, Huntsman co-founded a new private equity firm, H&G Capital Partners, joining former Bain Capital executive Robert C. Gay to focus on investments in middle market companies. Among Huntsman's partners is Pro Football Hall of Fame quarterback Steve Young.
Huntsman had been an important donor to several causes, both locally in Utah and nationally. One of his most notable causes is his co-founding of the Huntsman Cancer Institute. His namesake HCI building holds this quote "Selfless giving unto others represents one's true wealth."
Other notable causes include: his co-operative fundraising initiatives for his fraternity, Sigma Chi; the Wharton School, which named its main building after him; the University of Utah, which named its main arena, Jon M. Huntsman Center, after him; a new law library at Brigham Young University, which at his request was named after Howard W. Hunter; notable family philanthropy in earthquake ravaged Armenia and a new library at Southern Utah University, which he also requested be named after someone else; and the Jon M. Huntsman School of Business at Utah State University. He and his family also gave generously to Utah's homeless shelters.
Huntsman met his wife, Karen, after moving to California during his teens. They were married in the 1970s, and they are the parents of nine children. Their oldest son, Jon Huntsman, Jr., was elected governor of Utah in 2004, ran for president of the United States in 2012, and serves as U.S. Ambassador to Russia (he is former Ambassador to China and Singapore). Their second oldest son, Peter R. Huntsman, heads the Huntsman Corporation; his wife, Brynn, is a daughter of Acting President of the Quorum of the Twelve M. Russell Ballard]]. Huntsman's daughter Jennifer is married to one of Bonnie D. Parkin's sons (she was Relief Society general president from 2002 to 2007.. Karen Huntsman is a daughter of former Church apostle David B. Haight.
Huntsman authored and published the book "Winners Never Cheat: Everyday Values We Learned as Children (But May Have Forgotten)" in 2005, published by Wharton School Publishing. In the book, Huntsman conveys moral lessons drawn from his life's experience.
Time Magazine identified Huntsman as the sixth largest philanthropist in the United States in 2000.[1] In 2007, Huntsman gave $750 million in contributions and donations, placing him second on The Chronicle of Philanthropy's list of the nation's top 50 givers.
References
External links
- Huntsman Cancer Foundation.
- Jon M. Huntsman from Utah History Encyclopedia.
- Huntsman Corporation
- Philanthropy videos of Jon Huntsman from Salt Lake City to Armenia GoodTube.org