John Edson

About John Edson

Birth Place: Jackson, Wyoming, United States

John Edson Net Worth

John Edson was born in Jackson, Wyoming, United States. John Edson worked a paper route and earned enough to build his first boat at age 13. An entrepreneur who loves the water, in 1955 he purchased the brand name "Bayliner" for $100 and started a company to build affordable plywood motorboats. He sold Bayliner to The Brunswick Corporation in 1986 for $425 million and spent some years cruising the world on his 161-foot boat Evviva (Italian for "long live"). In 1994 boat building lured him back and he bought Westport Yards, which he sold in 2014. He has endowed the University of Arizona with $5.4 million for the Edson Student Entrepreneur Initiative. Through the J Orin Edson Foundation he makes donations to medical establishments that fight diseases, primarily cancer.
John Edson is a member of Manufacturing

💰 Net worth: $1.41 Billion (Updated at 22 June 2018)

2009 $1 Billion
2010 $1 Billion
2011 $1 Billion
2012 $1 Billion
2013 $1.1 Billion
2014 $1.15 Billion
2015 $1.3 Billion
2016 $1.3 Billion
2017 $1.4 Billion
2018 $1.41 Billion

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Biography/Timeline

1832

Born in Pompey, New York in 1832, Sweet got only some schooling at the district school. He started working young as a farm hand, became a carpenter's apprentice, and settled as Architect and builder in the South.

1861

At the outbreak of the civil war in 1861 he returned to the North. From 1862 to 1864 Sweet worked as mechanical draftsman in England, and back in the States was engaged in bridge building. He also made some inventions. At the Paris Exhibition of 1867 he had made quite an impression with the introduction of his linotype machine.

1873

From 1873 to 1878 het was Professor of practical mechanics at the Sibley College of Mechanic Arts of the Cornell University, where he also headed the Sibley College. Afterwards he was founding President of straight line engine works. At the World's Columbian Exposition in 1893 he was expert for the government, and one of the jurors on machine tools.

1880

In 1880 Sweet was a key founder of the American Society of Mechanical Engineers (ASME), and its third President in the year 1884–85. In 1914 the ASME awarded him the John Fritz Medal "for his achievements in machine design, and for his pioneer work in applying sound engineering principles to the construction and development of the high-speed steam engine." In 1914 he also received the honorary degree of Doctor of Engineering from the Syracuse University.