Facts of Anne Cox Chambers Networth
|Full Name||Anne Beau Cox Chambers|
|Last Name||Cox Chambers|
|Birth Name||Anne Beau Chambers|
|Profession||Media Proprietor and Diplomat|
|Birth City||Dayton, Ohio|
|Birth Country||United States of America|
|Father Name||James M. Cox|
|Father Profession||News Publisher, Politician|
|Mother Name||Margaretta Parker Blair|
|Spouse||Louis G. Johnson (m. 1940, divorced) Robert W. Chambers (m. 1955, divorced)|
|No Of Children||3|
|Date of Birth||December 1,1919|
Anne Cox Chambers was an American media company owner and a diplomat who served as United States Ambassador to Belgium under President Jimmy Carter’s four-year term. She was the heiress to the Fortune 500 Company Cox Enterprises along with her sister Barbara Cox Anthony. She has also served various executive roles in multiple multi-million dollar companies.
Chambers died at the age of 100 in January 2020 survived by her family at her house.
How Much Money Had Anne Cox Chambers’ Amassed Before She Died?
Anne Cox Chambers, whose career started late in her adulthood, had never been in a rut when it came to money. Being the daughter of the U.S Representative of Ohio and the founder of Cox Enterprises, James M. Cox, Anne Cox, lived a rich and lavish life.
The primary owner of the telecommunications, automotive, and mass media conglomerate, Chambers, was worth $17 billion in 2020 before her demise in January 2020, one month after her 100th birthday. She was Georgia’s richest person in 2016 and was among the richest women in the world.
Started Career At Age Of 55
The estates of James M. Cox were divided into three portions for his children. Anne Cox, Barbara Cox, and James M. Cox Jr (also called Jim), with Jim holding the controlling position in the company. But after the untimely death of Jim in 1974, Anne and Barbara gained the controlling interest in the Cox Enterprises that promoted Chambers to billionaire status immediately.
The same year Chambers took over the helm of chairpersonship of the Atlanta Newspaper. Her sister Barbara and brother-in-law Garner Anthony took over Dayton Newspaper and Cox Enterprises, respectively. Cox served the Enterprise actively for 14 years before handing over the torch to her nephew James Cox Kennedy,
Barbara’s son with Stanley C. Kennedy. However, Cox still owned her shares of the company and stayed as an advisor to the family business.
In 1977, Chambers had supported and endorsed U.S President Jimmy Carter for his term from 1977 to 1981. As a gesture of returning a favor, Carter appointed Chambers to become the Ambassador to Belgium, a position which she took over until 1981.
Chambers was also a director of the board of The Coca Cola Company during the 80s. Anne Cox Chambers is known as the first woman in Atlanta to serve as a bank director when she was appointed into a directorial post of the Fulton National Bank.
Cox Enterprises is a multi-billion dollar global conglomerate founded by the former U.S Representative of Ohio, James M. Cox. The company employs more than 40,000 employees and has a revenue of $21 billion.
The enterprise also has its subsidiaries that branch into Cox Automotive, Cox Communication, Cox Media Group, which are worth $7 billion, $10.4 billion, and $4 billion, respectively. The company was taken public in the 1990s with the controlling interest held by Anne and Barbara Cox.
The heiress of the billion-dollar estate lived in a luxurious mansion called the English-Chambers House. The mansion located across the street from the Governor’s Mansion. The English-Chambers House was built in 1930, and the house alone stands on a property of 10,000 square feet.
Philip Trammel Shutze designed the house. The house is a historical landmark in the Buckhead, Atlanta, whose worth is probably more than half a billion dollars for the historical and architectural values linked to it.
The billionaire lady who lived to be exactly a hundred made sure that she gave back to the community by supporting various charities and causes. She supported a wide range of cultural and educational charities, specifically in the field of arts and international affairs.
She served on boards of various environmental, historical, and art organizations such as Atlanta Botanical Garden, Atlanta Historical Society, and Woodruff Arts Center.
Anne Beau Cox Chambers, born Anne Beau Cox, was born in Dayton, Ohio, to James M. Cox and Margaretta Parker Blair on December 1, 1919. Her father was a newspaper publisher, politician, and the Democratic Presidential Candidate Nominee in 1920 and was the U.S House Representative for the 3rd District of Ohio.
Chambers went to Miss Porter’s School and later graduated college from Finch’s College in New York.
In 1940, Anne was married to Louis G. Johnson and had two daughters with him, Katherine and Margaretta. The marriage ended up in a divorce, of which the date has not been disclosed.
The billionaire heiress later married Robert William Chambers in 1955 and has a son James with him. Her marriage also went up in flames as the couple divorced later.
Anne Cox Chambers died on 31 January 2020 at the age of 100.