| Birth Year | 1943 |
| Age | 80 YEARS OLD |
| Net Worth: | $3.3 Billion |
| Gender: | Male |
Jim Davis, the esteemed CEO of New Balance, is a highly successful businessman whose net worth is estimated to reach an impressive $3.3 billion by 2024. Born in 1943, Davis has spent decades leading New Balance to become one of the most renowned athletic footwear and apparel brands worldwide. Through his astute leadership and strategic vision, Jim Davis has not only helped the company flourish but has also made a substantial impact in the athletic industry. With his remarkable achievements, Davis has solidified his position as a formidable force in the business world.
He began his professional career working as a sales engineer and marketing manager for two Massachusetts-based technology companies. In 1972, he bought New Balance, a running shoe company. At the time, New Balance was a small business with only six employees. He grew the company into one of the most successful shoe manufacturers in the world. It currently has 4000 employees spread out over multiple locations around the globe. 25% of the company's shoes sold in the US are actually made in the US. Though New Balance staunchly avoided the use of celebrity spokespeople or endorsement for many years, it recently launched a line of shoes in conjunction with Heidi Klum, and became the official footwear and clothing sponsor for the Red Sox.
