Jim Crane is a very successful American businessman from Houston. James Robert Crane is the CEO of Crane Capital Group, Crane Freight and shipping, and Crane Worldwide Logistics. Jim Crane owns a Houston Baseball team as well.
Jim Crane Biography And Net Worth
|Net worth||$1.4 billion|
|Full Name||James Robert Crane|
|Birthplace||St. Louis, Missouri|
|Profession||Chairman and chief executive of Crane Capital group and Crane Freight and Shipping|
Jim Crane Early Life
Jim Crane born on 17 January 1954 in St. Louis Missouri. He grew up in north of St. Louis Missouri. Jim Crane attended Lutheran High School. He completed his graduation in 1972. Jim Crane did his graduation in Industrial safety from Central Missouri State University.
Jim Crane Career
After completing his studies, Jim Crane joined the business of his father. His father had an insurance business. In 1980, Jim Crane moved to Houston. In 1984, Jim Crane borrowed $10,000 from his sister and started Eagle USA Airfreight. Later on, this Airfreight became Eagle logistics and they got their hands on Information service business and supply chain management. In 2007, Jim Crane merged the Eagle Logistics with UK based logistics. In 2011, Jim Crane MLB Houston Astros for $680 million. It was the second highest purchasing price paid for the baseball team.
Jim Crane took profits from Eagle Logistics and opened his own company by the name of The Capital Crane Group. Jim Crane has shares in different companies. In 2017, Jim Crane opened two restaurants in Houston under the names of Osso and Kristalla, and Potente. In the same year he also started a company named “Crane safety” which was a commercial safety supply and training company. In 2017, Jim Crane also started a company which was a software company named “Modiant”.
Jim Crane Accusations
Jim Crane’s company Eagle Logistics was accused of discriminating again women, black people, and Hispanic employees by the equal employment opportunity commission. Company was alleged that Jim Crane didn’t want to hire the black people as he believed other people who were racist in the company would discriminate the black people.
Some resources stated that he himself once said that if you hire blacks, you would never fire them. This allegation was resolved by $9 million settlement. In 2006, Jim Crane’s company Eagle had an allegations of price fixing, fraud, and profiteering, for which Eagle had to $4 million to United States government for the settlement.
Jim Crane Wife
Jim Crane married two times and his wives are Whitney Crane and Franci Neely Crane. Jim Crane has one daughter Krystal Thompson who is an active board member of the Crane Family Foundation. He has two sons: Jared Crane and James Robert Crane II. Jared Crane works in Astros as the senior vice president of executive operations
Jim Crane Awards & Nominations
- He got an Award of Number one Golfer in 2006.
- In 2017, Jim Crane inducted Texas business hall of fame.
- In 2020, he got the Houston sports award for executive of the year.
Jim Crane Net Worth
Jim Crane is one of the famous and richest entrepreneurs. He has a net worth of $2.5 billions and he earned most of his money from logistics industry and from Houston Astro Baseball team.
Jim Crane Features