What is Alfred James Clark's Net Worth?
Alfred James Clark, widely known as A. James Clark, is an esteemed American construction and real estate magnate with a notable net worth of $1.5 billion. He amassed his fortune serving as Chairman and CEO of Clark Enterprises, Inc., a diversified investment company focusing on construction, financial markets, private equity, venture capital, and real estate.
The Beginnings of Clark Enterprises
Founded in 1972, Clark Enterprises, Inc. has grown into a powerful force in the construction industry through its largest subsidiary, the Clark Construction Group, LLC. Originally launched as the George Hyman Construction Company in 1906, Clark had his first professional assignment at this historic company after graduating from the University of Maryland. He ultimately acquired, rebranded, and expanded the company into what it is today.
Iconic Projects by Clark Construction
Clark Construction is synonymous with numerous high-profile projects across the United States. Some of its landmark creations include:
- FedEx Field outside Washington, D.C.
- San Diego's Petco Park
- Miller Park in Milwaukee
- Baltimore's Camden Yards
- Ravens Stadium
Beyond sports facilities, the company has a rich portfolio that spans airports, museums, university buildings, military bases, and prisons. Notably, Clark Construction recently secured a $1.2 billion mega-contract to expand a rail network connecting downtown Washington, D.C. to Dulles International Airport.
Philanthropy and Support for Engineering Education
A. James Clark is also a renowned philanthropist, particularly in the realm of engineering education. In 1994, he donated $15 million to the University of Maryland's School of Engineering, which now proudly bears his name. His generosity continued in 2011 with an $8 million donation to fund scholarships at George Washington University.
