![]() His father dealt cattle and horses.įoster was an early civil rights activist and, as a young man, confronted motel owners in his hometown of Rice Lake, Wisconsin, encouraging them to accommodate minorities. His mother dropped out of school in the eighth grade to pick cotton in order to save the family farm in Texas. Friess grew up in Rice Lake, Wisconsin, a first-generation college graduate. ![]() ![]() Remembrance services will be held in Scottsdale, Arizona, Jackson, Wyoming, and Rice Lake, Wisconsin.įoster S. We know many of you mourn with us, and we will have more details soon on Foster’s funeral.” “We are grateful for the wonderful life Foster lived and thankful to the many people who have shared their prayers during his illness. Foster’s commitment to Galatians 6:2: Carry one another’s burdens, in this way you will fulfill the law of Christ, led the “Champ” himself to award Foster the Muhammad Ali Humanitarian Award.įoster’s family released the following statement: In 2000, at the National Charity Awards Dinner in Washington, D.C., Foster was named the “Humanitarian of the Year,” following in the footsteps of Coretta Scott King, Bob Hope, President George H.W. Friess Associates’ high-performing Brandywine Fund led both CNBC and Fox News’ Neil Cavuto to dub Foster one of the “century’s great investors,” and Forbes magazine named him, along with Warren Buffet, Peter Lynch, and John Templeton, among the ten most successful money managers of this generation.ĭonating more the $500 million in his lifetime, Foster and his wife Lynn’s philanthropy spans the globe: aiding towns ravaged by natural disasters, providing fresh water to remote villages, supporting the front lines of the battle against ISIS, and helping thousands recovering from addiction. Friess passed away peacefully today, May 27th, surrounded by his family.Ī visionary investor and pioneer of growth stock picking, Foster’s business story started with $800 of accumulated U.S. ![]()
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