J. Christopher Flowers
Finance and Investments

J. Christopher Flowers Net Worth

J. Christopher Flowers is a highly successful businessman who was born in New York in 1957. He studied math at Harvard and then joined Goldman Sachs in 1979, becoming a partner in 1988. In 2000, he founded J.C. Flowers & Co., a private equity firm that focuses on the financial services sector. His most notable success was the purchase of the Long Term Credit Bank in Japan, which he resold to the public as Shinsei Bank in 2004, earning his partners $2.3 billion. In 2008, he advised Bank of America and Merrill Lynch on their merger.
J. Christopher Flowers is a member of Finance and Investments

Age, Biography and Wiki

Who is it? Founder and Managing Director, J.C. Flowers & Co. LLC
Birth Day October 27, 1957
Birth Place New York, New York, United States
Age 66 YEARS OLD
Birth Sign Scorpio
Residence North Haven, Maine (seasonal)
Citizenship United States
Alma mater Harvard University (A.B., 1979)
Occupation Private equity
Employer J.C. Flowers & Co. Goldman Sachs (prior)
Known for Financial services investor
Board member of Shinsei Bank, The Kessler Group, Flowers National Bank
Children two

💰 Net worth: $1.4 Billion (2024)

J. Christopher Flowers, renowned as the Founder and Managing Director of J.C. Flowers & Co. LLC in the United States, is anticipated to possess an estimated net worth of $1.4 billion by the year 2024. Flowers has gained substantial recognition and success in the financial industry, amassing his wealth through his astute business acumen and expertise. With his prominent role in J.C. Flowers & Co. LLC, he has demonstrated exceptional leadership and strategic skills, leading the company to flourish and solidify its position in the market. Flowers' significant net worth stands as a testament to his remarkable achievements and contributions in the world of finance.

2015 $1.4 Billion
2016 $1 Billion
2017 $1.2 Billion
2018 $1.13 Billion

Biography/Timeline

1979

Flowers worked at Goldman Sachs for 19 years starting in March 1979, and was a founder of Goldman's lucrative financial institutions merger practice in the late 1980s. Flowers was named partner in 1988, the same year as Goldman CEO Lloyd Blankfein and former Merrill Lynch CEO John Thain. At 31, he was one of the youngest Goldman Sachs partners in history. Flowers retired from Goldman in 1998, one of fifteen members of the bank's operating committee to leave the bank prior to its 1998 initial public offering.

1998

In 1998, Flowers founded J.C. Flowers & Co., a private equity advisory and fund management firm which has acquired major equity stakes in Shinsei, NIBC Bank, Hypo real Estate, HSH Nordbank and other financial institutions. As of 2017, the company manages assets of US $6.7 billion.

2000

Flowers was the main partner of Ripplewood Holdings CEO Tim Collins in the 2000 acquisition of Long-Term Credit Bank of Japan to form Shinsei Bank. He became a Director of Shinsei Bank in March 2000 and continues to hold that position. Shinsei's initial public offering in 2004 netted a profit of approximately $1 billion for himself and $7 billion total for his investment group. However, the value of the investor group's stake decreased in the following years.

2003

Flowers established the Woodford L. and Ann A. Flowers University Professorship at Harvard in honor of his parents in 2003. The current professor endowed by the fund is George Whitesides. Flowers also participated in the creation of the Harvard Professorship Challenge Fund in 2006, a $50 million fund to endow further professors.

2004

J Christopher Flowers is the founder of the Anne and Chris Flowers Foundation and the J.C. Flowers Foundation. The J.C Flowers Foundation has local African teams in Angola, Namibia, Zambia and Zimbabwe, as well as Harlem in the US. In 2004, the Flowers Foundation launched NetsforLife, a partnership working with Episcopal Relief & Development to fight malaria in Africa. Flowers also co-founded the Isdell:Flowers Cross Border Malaria Initiative and supports the Harlem Parolee Initiative.

2007

After an unsuccessful attempt to arrange an acquisition of Sallie Mae in 2007, Flowers became deeply involved in the financial crisis of September 2008. He was approached by AIG to advise it on avoiding an imminent financial collapse. Flowers was well acquainted with Treasury Secretary Henry Paulson from their days together at Goldman Sachs, and was among the first to warn Paulson of the impending disaster at AIG. Flowers continued to advise Bank of America as it gave up on a Lehman acquisition and went on to acquire Merrill Lynch. Flowers's role in the crisis was portrayed by Michael O'Keefe in the 2011 HBO film Too Big to Fail.

2008

In September 2008, Flowers also purchased the First National Bank of Cainesville, a regional bank in Missouri, renaming it Flowers National Bank.

2014

In June 2014 Flowers completed the first public listing of a British bank on the London Stock Exchange’s main market for more than a decade when he floated OneSavings Bank, a small Business and mortgage lender he bought into in 2010. Later that year he argued that banking regulations in the wake of the 2008 financial crisis had depressed profitability so much that lenders would struggle to attract enough Investors to survive the next financial crisis.

2015

Flowers joined the Kasparov Chess Foundation Board in February 2015.

2016

In 2016, Flowers took a stance on the growing fintech sector, stating that it would "mostly end in tears". Later that year, Fortune reported that his Investments in small British banks suffered greatly from the Brexit vote, resulting in heavy losses.

Some J. Christopher Flowers images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.