Arthur MacArthur IV, born in 1938, is an American businessman and the son of World War II hero General Douglas MacArthur. Despite being the son of a famous father, MacArthur established himself in business. This article will go through his biography, profession, age, net worth, and real estate holdings.
Early Life and Education
Arthur MacArthur IV was born in Manilla, Philippines, on February 21, 1938. General Douglas MacArthur was his father, while Jean Marie Faircloth was his mother. He spent his childhood in the Philippines and Japan, where his father was stationed. MacArthur graduated from the American School in Japan in 1955. He then moved on to Yale University, where he earned a Bachelor of Arts degree in 1959.
Net Worth | $4 million. |
---|---|
Real Name | Arthur MacArthur IV |
Profession(s) | Musician |
Birthday | February 21, 1938 |
Age | 85 year old |
Gender | Female |
Birthplace | Manilla, Philippines |
Height in Feet | 5 ft 2 in (1.6 m) |
Nationality | United States |
Career
From 1959 to 1962, Arthur MacArthur IV served in the United States Army after graduating from college. From 1962 through 1969, he worked for First National City Bank, where he began his commercial career. He joined Merrill Lynch in 1969 and worked as an investment banker for eleven years. He became president of the MacArthur Foundation in 1979, a post he maintained until 1995.
MacArthur also serves on the boards of the New York Life Insurance Company, the Chicago Tribune, and the Gannett Company. He is also a member of the Council on Foreign Relations, the Economic Club of Chicago, and the Chicago Commercial Club.
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Real Estate
MacArthur is well-known for his investments in real estate. He has worked on a number of real estate projects, including the River East Centre in Chicago. The River East Centre is a mixed-use development including residences, offices, retail space, and a movie theatre.
Net Worth
The net worth of MacArthur is believed to be over $4 million. He acquired a sizable amount of his fortune from his father’s inheritance.
Personal Life
Jean MacArthur is Arthur MacArthur IV’s wife. They had three children, one of which is Douglas MacArthur V. He is also the nephew of the late General Arthur MacArthur III, who was killed in the Vietnam War.
Philanthropy
MacArthur is active in a number of charitable endeavours. He is the head of the General Douglas MacArthur Foundation, which funds educational and cultural programmes honouring General Douglas MacArthur’s legacy.
Conclusion
MacArthur is a wealthy businessman and philanthropist from a prominent family. He has created a reputation for himself in business and has donated to a variety of charitable initiatives. His real estate investments have also been important, notably the creation of Chicago’s River East Centre. Arthur MacArthur IV’s legacy is growing, with a net worth of about $4 million.
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