Richard Dana Fairbank (born September 18, 1950)[1] is an American billionaire businessman who founded Capital One with Nigel Morris in 1988.

Capital One lost a store lease with the owner of WPIX which is connected with the City of New York's Dept of Corrections", "Capital One CEO Becomes Billionaire After Stock Hits Record High", "Capital One CEO Richard Fairbank Just Became a Billionaire",, "Richard Fairbank: "Nobody Wants to Work for a Phony, "Weddings of the Rich & Famous - Washingtonian", Article about Fairbanks in Stanford Business magazine,, American chief executives of financial services companies, Stanford Graduate School of Business alumni, Women's National Basketball Association executives, National Basketball Association executives, Articles with unsourced statements from August 2020, Creative Commons Attribution-ShareAlike License, This page was last edited on 31 October 2020, at 02:30. According to his business associates, if there was any talk of a long-range vision for his company, his eyes would begin to glaze over. The article, titled “Should You Leave It All to the Children?” was about what really wealthy people did to keep their children and grandchildren from being destroyed by their wealth. In the same year, he formed a company to purchase WIBC radio station. Since the founding of the Company, Mr. Fairbank has been responsible for overseeing both the Company’s strategic direction as well as management of Capital One’s day-to-day operations, and has driven strong organic business growth and executed a series of strategic acquisitions across retail and direct banking, credit cards, auto lending, and technology.

As his wealth steadily grew, one major factor that figured into the decisions Dick Fairbanks made as to the disposition of his fortune was his views on inheritance. They could catch up on sleep in the morning, and then go to preschool in the afternoon. Your email address will not be published. Founder-led by Chairman and Chief Executive Officer Richard Fairbank, we believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. After her mother’s passing, she and her father moved to Paris, France, the home of her paternal relatives. "My father was the most optimistic person I've ever known," Fairbank … Back in Indianapolis, Dick joined the family newspaper business and began his career as a classified advertisement salesman for The Indianapolis News. We’re enabling great talent with great spaces. (Online database:, New England Historic Genealogical Society, 2010), (Originally Published as: New England Historic Genealogical Society. Dick married Virginia Nicholson Brown in 1968 and enjoyed a happy marriage with Virginia until his death in 2000. Cornelia Cole was active in the National Society of the Daughters of the American Revolution and was elected vice president general and then president general of the national society. He is a member of the Stanford Business School advisory council, the Financial Services Roundtable, and the board of directors of the BITS Technology Forum. Robert Charles Anderson, The Great Migration Begins: Immigrants to New England 1620-1633, Volumes I-III, 3 vols., 1995). Mixing up celebrities and tech with a twist, July 30, 2019 by L.A Girl Leave a Comment. He previously served on the board of directors of MasterCard International from 2004 through 2006. [9][10], In January 2018, with Capital One's share price reaching a record high, Fairbank's net worth rose to about $1.1 billion. Don't forget to check the Photo Gallery & Video.

Learn more about FDIC insurance coverage. Charles Warren Fairbanks (1852-1918) and Cornelia Cole Fairbanks (1852-1913) are buried together at Crown Hill Cemetery in Indianapolis.

Postmaster ("For preventing the miscarriage of letters; & it is ordered, that notice be given that Rich[a]rd Fairbanks his house in Boston is the place appointed for all letters which are brought from beyond the sea, or are to be sent thither, are to be brought unto; & he is to take care that they be delivered or sent according to their directions; & he is allowed for every such letter a 1d., & must answer all miscarriages through his own neglect in this kind; provided that no man shall be compelled to bring his letters thither, except he please" [MBCR 1:281]). They own and live at Overlook Farm, near Gunston Hall on the Potomac River in Virginia. [4], Fairbank has been awarded Washingtonian's "Business Leader of the Year", Worth's list of the top 10 CEOs and "50 Best CEOs", Future Banker's list of "influential personalities in financial services", Credit Card Management's "Entrepreneur of the Year"; and The Gartner Group's "Excellence in Technology. He gave them educational opportunities, and it was up to them to pursue their chosen fields and make a life for themselves. Dick was born on March 27, 1912, at 2939 North Illinois Street, Indianapolis. RELATED LINK: LORI MORRIS 5 FACTS ABOUT CAPITAL ONE NIGEL MORRIS’ WIFE. The Richard M. Fairbanks Foundation, Inc. was established in 1986 by Richard M. (“Dick”) Fairbanks, the founder and owner of Fairbanks Communications, Inc., a privately held company. Together, C.W. After all, what better place to designate as a post office than a spot where everybody came and where everybody knew your name centuries before “Cheers” hit the airwaves. Dick Fairbanks had previously been recognized by Governor Harold Hadley (1957-1961) with his first Sagamore of the Wabash award.

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