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Capital One Financial Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States. [2]
Richard Dana Fairbank (born September 18, 1950) [1] is an American billionaire businessman who co-founded Capital One with Nigel Morris in 1988. [2] [3] He was on the board of directors of MasterCard International from 2004 to 2006.
During Morris's ten-year tenure while he served as President, Capital One's net income after taxes (NIAT) grew at a compound annual rate of more than 32%. [citation needed] He left the bank in 2004, shifting to venture capital investing. [9] In 2007 Morris founded QED Investors with CIO Frank Rotman. [11]
Musk joined Tesla as a venture capital backer and co-founder in 2003. Tesla ’s first car was the roadster, and the company spent several years dominating the EV market, although it has recently ...
The company was founded in a garage, and within two years, it produced its first hit: the Uke-a-Doodle, a kid-sized instrument. Barbie, perhaps Mattel's most iconic toy line, didn't join the party ...
His son, Jon B. Lovelace Jr., [1] a Hotchkiss School 1944 graduate, [2] served as an executive at Capital Group Companies. In 2007, his son and family were ranked #840 on the Forbes Billionaires List worth $1.1 billion. [3] As of 2019, grandson Rob Lovelace serves as an investment manager for a Capital Group fund. [4]
On February 19, Capital One announced it would acquire Discover in an all-stock transaction worth $35.3 billion. Both companies are among the largest credit card issuers in the country while ...
He founded Thiel Capital Management in 1996 and co-founded PayPal with Max Levchin and Luke Nosek in 1998. He was the chief executive officer of PayPal until its sale to eBay in 2002 for $1.5 billion. Following PayPal, Thiel founded Clarium Capital, a global macro hedge fund based in San Francisco. [7]