| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $610 million | N/A | N/A | Oklahoma, United States | Female | N/A | Businesswoman, Entrepreneur | American |
What is Mary West’s Net Worth?
Mary West is a prominent American businesswoman and entrepreneur with an estimated net worth of $610 million. She has achieved significant success through her ventures in the telecommunications industry and continues to make a significant impact in various philanthropic endeavors.
Highlights
- Mary West’s net worth is $610 million.
- She co-founded WATS Telemarketing and later founded West TeleServices.
- She owns 9% of West Corp., which went public in 2013.
- Ranked #24 on Forbes’ list of America’s Richest Self-Made Women in 2015.
- Active involvement in non-profit organizations focused on healthcare.
Early Life
Mary West was born in Oklahoma, United States. Unfortunately, specific details regarding her birthdate and early life are not available publicly.
Career
Mary West’s entrepreneurial journey began when she co-founded WATS Telemarketing with her husband Gary in 1978. Initially, they started the business in the garage of their home in Omaha, Nebraska. The couple’s dedication and hard work quickly paid off, leading to the sale of WATS in 1980.
Building on their success, Mary West and Gary founded West TeleServices in 1986. The company eventually went public in 1996, marking a significant milestone in their entrepreneurial journey. However, in 2006, the Wests decided to take West TeleServices private by partnering with equity investors. The transition resulted in a substantial cash sum of $1.4 billion for the Wests, along with retaining a stake in the business.
Following these successes, Mary West currently holds a 9% ownership stake in West Corp., which went public once again in 2013. Her expertise and contribution to the telecommunications industry have established her as a notable figure in the business world.
Personal Life
In addition to her business achievements, Mary West and her husband Gary are actively involved in philanthropy. They have channeled their efforts into non-profit organizations dedicated to lowering healthcare costs. By leveraging their wealth and influence, they aim to make a positive impact on the community and enhance accessibility to quality healthcare.
Net Worth Over Time
Mary West’s net worth has seen impressive growth throughout her career. Starting from the establishment of WATS Telemarketing, she and her husband experienced initial success that led to the sale of their business. This provided them with significant financial resources, creating a solid foundation for future endeavors.
With the formation of West TeleServices and subsequent public offerings, Mary West’s net worth further skyrocketed. The decision to take the company private in 2006 not only allowed them to secure a substantial cash sum but also ensured their continued involvement in the business.
Currently, Mary West’s net worth stands at an estimated $610 million, emphasizing her exceptional contribution to the business world.
Components of Net Worth
Mary West’s net worth primarily comprises her ownership stake in West Corp. While her exact percentage ownership is listed at 9%, the value of this stake contributes significantly to her overall net worth.
Furthermore, her business ventures and entrepreneurial success have likely generated additional income and assets. However, specific details regarding her salary and other components of net worth are not publicly available.
All net worths mentioned in this article are calculated using data drawn from public sources. While we strive to provide accurate information, please note that these figures are estimates. We welcome any feedback or corrections.