Read the complete write-up of Bill Haslam net worth, age, wife, children, height, family, parents, income, salary, investments, businesses as well as other information you need to know.
Bill Haslam is an American billionaire businessman and politician who served as the 49th governor of Tennessee from 2011 to 2019. A member of the Republican Party, Haslam previously served as the 67th mayor of Knoxville, Tennessee. He was born in Knoxville and graduated from Emory University in Atlanta, Georgia. He began his career in business, joining his father, Jim Haslam, who was the founder of Pilot Corporation. Haslam rose to president of Pilot Corp in the 1990s, after his brother Jimmy Haslam became the company’s CEO.
Haslam then left Pilot and from 1999 to 2001 was the CEO of the e-commerce and cataloging division at the department store chain Saks Fifth Avenue. He then became a consultant at Saks and later served on the board of directors at Harold’s Stores, Inc. He is a co-owner of the minor league baseball team the Tennessee Smokies. He was elected Mayor of Knoxville, Tennessee in the 2003 Knoxville mayoral election with 52% of the vote. He was reelected in the 2007 Knoxville mayoral election, winning 87% of the vote, and served until 2011. After incumbent Governor Phil Bredesen was term-limited, Haslam declared his candidacy for the office in January 2009.
He defeated U.S. Representative Zach Wamp and Lieutenant Governor Ron Ramsey in the Republican primary with 47% of the vote and went on to defeat Democratic businessman Mike McWherter with 65% of the vote in the 2010 general election. A 2015 Forbes article estimated Haslam’s net worth at $2 billion, making him the nation’s wealthiest elected official at that time. He was the wealthiest state governor in America until Democrat J. B. Pritzker of Illinois took office in January 2019. In the fall of 2019, Haslam became a visiting professor of political science at Vanderbilt University.
|Net Worth||$2.5 billion|
|Occupation||Businessman, Former Governor|
William Edward Haslam was born on August 23, 1958 (age 63 years) in Knoxville, Tennessee, United States. He is the third child of Jim Haslam, the founder of Pilot Corporation, the parent company of the convenience store and travel center chain, Pilot Flying J, and his wife, Cynthia (Allen). Jim Haslam has been a Republican Party fundraiser and University of Tennessee donor and trustee for several decades. Haslam was educated at the Webb School of Knoxville, where he became active in the Christian group Young Life. He later attended Emory University, graduating with a bachelor’s degree in history in 1980.
Bill Haslam is a member of the Beta Chi chapter of the Sigma Chi International Fraternity. As a teenager, Haslam began working part-time in his father’s corporation. He had made plans to teach history and eventually become a minister. Following his university graduation, he returned to Knoxville to work for Pilot in hopes of learning more about the business world before entering the seminary and eventually decided to stay with the company. He was elevated to president of the company (with his brother, Jimmy, as CEO, and father as chairman) in 1995.
In 1999, Bill Haslam joined Saks Fifth Avenue as the chief executive officer of the e-commerce and catalog division. He left Saks in 2001, and joined the board of the Dallas-based clothing chain, Harold’s Stores Inc., later that year. Haslam is one of the owners of the Tennessee Smokies, a minor league baseball team in East Tennessee. His brother, the current Pilot Flying J CEO Jimmy Haslam, became the majority owner of the Cleveland Browns in 2012.
Mayor of Knoxville
Bill Haslam announced in 2002 that he was running for Mayor of Knoxville, inspired in part by a conversation he had had with then-Chattanooga mayor (and later United States Senator) Bob Corker. Knoxville’s mayoral elections are nominally non-partisan, but Haslam was known to be a member of the Republican Party when he ran for the office. His opponent in the race, Knox County commissioner Madeline Rogero, criticized Haslam as an oil company puppet, and blamed his father for the appointment of controversial U.T. president John Shumaker, an attack Haslam dismissed as “petty, personal politics”.
Haslam defeated Rogero by a 52% to 46% margin on September 30, 2003. Haslam was sworn in in December 2003. In 2006, Haslam appointed Rogero director of community development, later stating he had read Doris Kearns Goodwin’s Team of Rivals and was inspired by President Abraham Lincoln’s decision to appoint former campaign rivals to his cabinet. He was reelected in 2007, winning 87% of the vote against challengers Isa Infante and Mark Saroff.
Check Out: Jimmy Haslam net worth
He identifies several successful historic preservation initiatives among his accomplishments as mayor, including saving the historic S&W Cafeteria in downtown Knoxville, building a new cinema (the Regal Riviera) in the city’s downtown, and revitalizing the historic Bijou Theatre. In 2008, he was appointed to a four-year term on the Advisory Council on Historic Preservation by U.S. President George W. Bush. Along with historical preservation efforts, Haslam helped spur residential and retail growth in the downtown area, mainly by offering developers tax subsidies. He helped implement a master plan for the development of the South Knoxville riverfront, which was given an Outstanding Planning Award by the Tennessee Chapter of the American Planning Association. The Haslam administration operated under a balanced budget policy, which helped to double the city’s savings during his first term.
Governor of Tennessee
Bill Haslam declared on January 6, 2009, his intention to run for Tennessee governor in 2010. His campaign received contributions of $3.9 million between January and July 1 in 2009, substantially more than his Republican primary rivals. Lieutenant Governor Ron Ramsey received $1.3 million and U.S. Congressman Zach Wamp received $1.2 million, while Shelby County District Attorney General Bill Gibbons reported $416,000 at that time. Among Democratic candidates, businessman Mike McWherter raised $650,000 at the mid-year, followed by former State House Majority Leader Kim McMillan’s $180,000.
Haslam received endorsements from former U.S. Senator Howard Baker and Congressman Jimmy Duncan. The Tennessean wrote, “Haslam appears most likely to be able to ride Gov. Phil Bredesen’s pro-business coattails, despite the different party affiliation.” On the Republican side from July 1, 2009, until January 15, 2010, Haslam collected $1.8 million, Ramsey raised $1,412,593 including a $200,000 loan, Wamp raised $1,373,078 including a $61,000 loan, and Gibbons raised $225,218. Among Democrats during the six months, State Senate Minority Leader Jim Kyle collected $741,485 including a $300,000 personal loan, McWherter raised $402,868, and McMillan raised $159,981.
He campaigned on his executive experience as both Knoxville’s mayor and the president of a major company. His opponents attacked him as an oil executive, especially in the wake of price-gouging allegations levied against Pilot in the wake of the post-Hurricane Katrina fuel shortages, and criticized his refusal to release information related to his income while at Pilot. On August 5, 2010, Haslam won in the Republican primary for governor with almost 48% of the vote, compared to 29% for Wamp and 22% for Ramsey. Mike McWherter, son of former Governor Ned McWherter, was nominated by the Democrats after several well-known elected officials declined the candidacy.
On November 2, 2010, Haslam won the gubernatorial election over Democratic candidate Mike McWherter, taking 65% of the vote to McWherter’s 35%. The Republicans also increased their majorities in both chambers of the state legislature, giving the GOP complete control of state government for the first time since 1869. Bill Haslam announced he would run for re-election in 2014. He defeated three other candidates in the Republican primary with 88% of the vote. In the general election on November 4, 2014, Haslam defeated Democratic nominee Charles Brown with over 70% of the vote.
Bill Haslam stated that job creation and long-term economic growth were his top priority as governor, followed by education reform and workforce development. On June 16, 2011, Haslam signed a $30.8 billion state budget, a 3.9% decrease from the previous year’s budget. The budget included 1.6% pay raise for state employees (though it also called for over 1,300 positions to be cut), grants to facilitate construction of an Electrolux plant near Memphis and a Wacker Chemie plant near Cleveland, and $10 million for the Memphis Research Consortium. The budget bill also contained an amendment cutting off all state funding to Planned Parenthood, but the measure was negated by an amendment inserted into the same bill by an unknown legislator, something Haslam vowed to correct in 2012.
Haslam signed a bill overturning a Nashville ordinance on May 23, 2011, that barred discrimination against the hiring of homosexuals for any companies awarded city contracts. On June 1, Haslam signed a bill requiring voters to present photo identification at polling places, a measure supporters argue prevents voter fraud, but detractors have derided as an attempt to disenfranchise traditionally-Democratic voting blocs. On June 2, Haslam signed a bill replacing public school teachers’ collective bargaining rights with a process called “collaborative conferencing”, effectively bypassing the teachers’ union, the Tennessee Education Association.
Other legislation signed by Bill Haslam included a tort reform measure that limits non-economic damages in civil suits, a bill that lifted the cap on the number of charter schools in the state and opened enrollment in charter schools to more students, and a bill that allows college students to use Hope Scholarship funds during summer semesters. In October 2011, Haslam approved an order to implement a curfew on Legislative Plaza in downtown Nashville, where several hundred protesters with the Occupy Nashville movement (part of the greater Occupy Wall Street movement) were camping out.
In the early morning hours of October 28, 29 protesters were arrested when they refused to comply with the order, and on the following day, 26 were arrested. In both cases, the arrests were thrown out by General Sessions Night Court Commissioner Tom Nelson, who ruled that the state had no authority to set a curfew for Legislative Plaza. Haslam stated the curfew was necessary due to deteriorating sanitary conditions and safety issues on the Plaza, though critics, including the American Civil Liberties Union, which filed a lawsuit in federal court on October 31 to halt the arrests, have stated that the curfew is a violation of the protesters’ civil rights.
The $31 billion budget bill signed by Haslam for 2012 included $50 million in tax cuts, $560 million for construction projects, a 2.5% pay raise for state employees, and additional funding to offset anticipated tuition hikes at state colleges. In June, Haslam signed bills that eliminated the state’s gift tax and reduced the state’s inheritance tax and the sales tax on groceries. He also signed the “Fast Track” bill, which provided cash grants to companies seeking to expand or relocate to Tennessee.
Tennessee was granted a waiver requested by Haslam from certain portions of the federal government’s No Child Left Behind standards. Haslam argued that the law’s Adequate Yearly Progress model labeled some state schools as failures in spite of these schools having made substantial improvements. In May, he signed a bill providing $37 million in grants for state schools. In July, Haslam called for an overhaul of the state’s higher education system, with the intention of generating a higher number of college graduates in high-paying fields.
In March 2012, the legislature passed a bill protecting teachers who challenged scientific theories such as the theory of evolution and global warming in the classroom. Critics assailed the measure as a “monkey bill” that was little more than an attempt to allow creationism to be taught in science classes. While Haslam refused to sign the bill, he also refused to veto it, effectively allowing it to become law. He criticized the bill for creating confusion rather than clarity but pointed out the legislature had passed it by a large margin and argued the bill would have no effect on the state’s science curriculum.
Bill Haslam instructed his Health and Wellness Task Force on March 8, 2012, to focus on the state’s growing obesity problem, noting that nearly one-third of Tennesseans are obese. In early April, he initiated the “Meth Stops Now” campaign, aimed at informing the public of the consequences of methamphetamine manufacture. In May, he signed legislation aimed at curbing prescription drug abuse.
On April 24, 2012, Haslam signed into law the Tennessee Excellence, Accountability and Management (“TEAM”) Act, which established a new hiring system for state agencies and overhauled the evaluation standards for state employees by placing a greater focus on job performance rather than seniority. The bill also makes it easier for executive branch employees to be hired and fired, establishes merit raises for high-performing workers, and gives preference to veterans in job openings where applicants have equal qualifications.
In May 2012, Bill Haslam signed a bill barring sex education instructors from encouraging “gateway sexual activity.” Proponents of the bill argued it was necessary to clarify the meaning of abstinence, while opponents argued the bill’s wording was overly vague and could be construed to include behavior such as kissing and holding hands. Other bills signed by Haslam in May included a measure requiring drug testing for welfare recipients, a measure providing grants to companies to pay for training expenses for recently laid-off workers, and a bill requiring Amazon.com to start collecting sales taxes on online purchases by 2014.
After the General Assembly permanently adjourned in May, Haslam issued the first veto of his governorship. He vetoed a controversial bill that sought to end Vanderbilt University’s “All Comers” policy, which required religious groups at the school to allow any student to join even if the student didn’t share the group’s religious beliefs. The legislature could not override the veto because it was no longer in session. Haslam stated he disagreed with the policy but didn’t think it appropriate for the government to interfere with the policies of a private institution.
In December 2012, Haslam announced the state would not implement a provision of the Affordable Care Act (“Obamacare”) that allows for a state-run health care exchange. Haslam had considered a state-run exchange for several weeks but argued the federal government had not provided enough information regarding the costs of the program, and what had been provided consisted of draft proposals subject to change. “More and more I’m convinced they are making this up as they go,” he said.
In April 2014, Bill Haslam signed into law a measure allowing the prosecution of a new mother with criminal assault if she had used narcotics during pregnancy. The law has been criticized as discriminatory against women from poor rural areas with limited access to healthcare and addiction treatment facilities. In July 2014, the first woman prosecuted under this law was arrested in Madisonville, Monroe County. In April 2016, Haslam vetoed a bill to make the Bible the official book of Tennessee. The bill, sponsored by State Sen. Steve Southerland, R-Morristown, passed in both the State House and the Senate. If signed by Haslam, it would have made Tennessee the first state to make the Bible its state book.
Bill Haslam vetoed the bill on April 14, 2016. An attempt to override the veto failed in the State House, garnering 43 votes, short of the threshold of 50 needed to override. Bill Haslam will take part in the 16-member search committee to select a new chancellor for the Tennessee Board of Regents. He will continue to take part in restructuring the Board, which includes the implementation of the FOCUS Act. In April 2017, Haslam signed the IMPROVE Act into law. The bill, which stands for “Improving Manufacturing, Public Roads, and Opportunities for a Vibrant Economy,” cut the state sales tax on food from five to four percent, increased the gasoline and diesel fuel taxes by six and ten cents, respectively, raised the tax on natural gas by eight cents, increased vehicle registration fees, and instituted a new $100 annual fee for electric vehicles. Its primary purpose was for TDOT to fund a $10 billion backlog of 962 needed highway projects. A similar plan called the Better Roads Program was initiated by then-governor Lamar Alexander in 1986.
In May 2017, Haslam signed HB 1111/SB 1085 into law. The bill was seen by the Human Rights Campaign as an attempt to challenge Obergefell v. Hodges and undermine same-sex marriage in Tennessee, and Haslam was criticized by the Tennessee Chapter of the American Civil Liberties Union (ACLU) and the Tennessee Equality Project (TEP) for signing it into law.
Bill Haslam favors a conservative state budget that keeps taxes low in order to create and maintain a business-friendly environment. While he largely supports budget cuts, Haslam has suggested that the Republican Party is too often focused on scaling back government rather than making it work. “At the end of the day,” he said, “I think the most conservative principle there is, is giving people a dollar worth of value for a dollar worth of tax paid.”
Haslam was formerly a member of the Mayors Against Illegal Guns Coalition, but he resigned early in 2009 and became a member of the National Rifle Association. When a candidate for governor, Haslam said he would sign a constitutional carry bill, but as governor, he has opposed constitutional carry. Haslam is against abortion. As Governor, Haslam implemented education reform programs that offered tuition-free access to higher education. The Tennessee Promise program, launched in 2014, provides two years of tuition-free access for high school graduates to attend community or technical college. The Tennessee Reconnect program provides tuition-free access for most of the state’s adults to earn an associate degree or technical certificate.
Check Out: Phil Mickelson net worth
He framed the education reforms as part of economic development, as the state sought to provide its workforce with more skills and thus attract businesses to the state. Bill Haslam opposes same-sex marriage, though he has stated that he wouldn’t discriminate against gay employees. In May 2017, he signed a bill requiring the so-called “natural and ordinary meaning” of words in state law and government forms be used unless those words are specifically defined. This law will make it more difficult for same-sex couples to adopt children, pleasing socially conservative groups like the Family Action Council of Tennessee. The latter lobbied heavily for this bill to be passed, in order to ensure Tennessee courts only accept a ‘traditional’ definition of family. LGBT organization GLAAD issued a statement that Governor Haslam “has now placed the future of the state’s economy and the well-being of the LGBTQ community in jeopardy.”
Bill Haslam has said he favors cracking down on businesses that employ illegal immigrants and suggested he would sign a law requiring law enforcement officers to check the citizenship status of arrested individuals they suspect might be in the country illegally if passed by the state legislature. On January 11, 2012, Bill Haslam endorsed Mitt Romney for the Republican nomination in the 2012 United States presidential election. This announcement came on the heels of Romney’s victory in the New Hampshire primary on January 10.
Haslam’s father was the Tennessee state co-chairman for the Romney campaign. In a 2013 interview with Politico, Haslam stated that many of the more controversial measures passed by the state legislature, such as the 2012 law protecting teachers who dispute evolution in class, were “frustrating and a distraction.” He noted that in his travels across the state, “those aren’t the issues I hear people bringing up.” After US Senator Lamar Alexander announced that he would not seek re-election in 2020, speculation began to arise that Bill Haslam would run for the seat. Haslam announced in July 2019 that he would not do so.
Bill Haslam is married to Crissy Garrett, they had their wedding in 1981. He met his wife at Emory University and they have one son and two daughters and eight grandchildren. Bill Haslam is a Presbyterian and is a longtime member of Cedar Springs Presbyterian Church, an Evangelical Presbyterian Church congregation in Knoxville. He attends Christ Presbyterian Church when in Nashville. Haslam has been a member of the Young Life Board of Trustees since 2011. As of mid-2022, Bill Haslam and his wife Crissy Garrett are still married and living a happy life with their children and grandchildren.
Bill Haslam net worth
How much is Bill Haslam worth? Bill Haslam net worth is estimated at around $2.5 billion. His main source of income is from his career as a businessman and former politician. Bill Haslam’s salary per month with other career earnings is over $150 million annually. His successful career has earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most businessmen in the United States. Bill Haslam stands at an appealing height of 1.85m and has a good body weight which suits his personality.