Jon Huntsman, Sr. (Manufacturing) – Overview, Biography

Name:Jon Huntsman, Sr.
Occupation: Manufacturing
Gender:Male
Birth Day: June 21,
1937
Death Date:February 2, 2018(2018-02-02) (aged 80)
Salt Lake City, Utah, U.S.
Age: Aged 80
Birth Place: Salt Lake City, Utah,
United States
Zodiac Sign:Cancer

Jon Huntsman, Sr.

Jon Huntsman, Sr. was born on June 21, 1937 in Salt Lake City, Utah, United States (80 years old). Jon Huntsman, Sr. is a Manufacturing, zodiac sign: Cancer. Nationality: United States. Approx. Net Worth: $3 Billion. With the net worth of $3 Billion, Jon Huntsman, Sr. is the #562 richest person on earth all the time in our database.

Net Worth 2020

$3 Billion
Find out more about Jon Huntsman, Sr. net worth here.

Family Members

#NameRelationshipNet WorthSalaryAgeOccupation
#1James Huntsman Children N/A N/A N/A
#2Peter R. Huntsman Children N/A N/A N/A
#3Jon Huntsman Jr. Children N/A N/A N/A
#4Abby Huntsman Grandchildren N/A N/A N/A
#5Mary Anne Huntsman Grandchildren N/A N/A N/A
#6Karen Haight Spouse N/A N/A N/A

Does Jon Huntsman, Sr. Dead or Alive?

As per our current Database, Jon Huntsman, Sr. died on February 2, 2018(2018-02-02) (aged 80)
Salt Lake City, Utah, U.S..

Physique

HeightWeightHair ColourEye ColourBlood TypeTattoo(s)
N/A N/A N/A N/A N/A N/A

Biography

Biography Timeline

1950

Jon Meade Huntsman was born in Blackfoot, Idaho, into a poor family. His mother, Sarah Kathleen (née Robison; 1910–1969), was a homemaker, and his father, Alonzo Blaine Huntsman Sr. (1910–1990), was a school educator. In 1950, the family moved to Palo Alto, California, where Alonzo pursued graduate studies at Stanford University, earning an M.A. and Ed.D. He then became a superintendent of schools in the Los Altos district.

1959

Huntsman married Karen Haight, daughter of David B. Haight, in June 1959, just weeks after he graduated. Both are members of The Church of Jesus Christ of Latter-day Saints (LDS Church). In July 1959, Huntsman left to serve for two years in the U.S. Navy as an officer aboard the USS Calvert. He subsequently earned an MBA from the University of Southern California’s Marshall School of Business in 1966.

1961

In 1961, Huntsman was employed by Olson Brothers, Inc., an egg-producing company in Los Angeles. There he rose through the ranks to the position of vice president of Operations. Recognizing that the company sustained substantial losses due to poor packaging, Huntsman became interested in developing a better alternative. His leadership was key in developing the first plastic egg carton. In 1965 he established contact with the polystyrene operations of the Dow Chemical Company. In 1967 he became president of a joint venture between Olson Brothers, Inc., and Dow Chemical, the Dolco Packaging Corporation.

1969

Huntsman had supported the University of Utah in Salt Lake City in other ways as well. The 15,000-seat Jon M. Huntsman Center for special events opened in 1969 and is used for gymnastics, basketball, and volleyball. It has been the site of national championships in both gymnastics and basketball, including NCAA men’s basketball. As of 2013, the Huntsmans have supported the building of an additional basketball practice facility, to be named the Jon M. and Karen Huntsman Basketball Center.

1970

Seeing an opportunity to create packaging for the emerging fast-food industry, Huntsman left Dolco in 1970 to form the Huntsman Container Corporation with his brother, Alonzo Blaine Jr. (1936–2012), and others in Fullerton, California. Plants were constructed in Fullerton, California, in 1971 and in Troy, Ohio, in 1972. Since cash flow was an issue for the new company, Huntsman mortgaged his house and borrowed heavily from banks. In 1973 the company nearly collapsed when an Arab oil embargo cut off supplies of polystyrene, used to make expandable/expanded polystyrene (or EPS).

While the Huntsman Container Corporation’s first packaging plant was being built in 1970, Huntsman joined the Nixon Administration as Associate Administrator of the Department of Health, Education and Welfare and later served as Special Assistant and Staff Secretary to President Nixon. Upon completion of the second Huntsman Container site in Troy, Ohio, in 1972, Huntsman left the White House staff to become President and CEO of Huntsman Container, while still serving – in a non-paid position – as a consultant to the Office of the President.

1974

In 1974, Huntsman Container Corporation created the “clamshell” container for McDonald’s Big Mac. The company also developed other popular products, including the first plastic plates, bowls and fast-food containers. In 1976, after completion of its first international plant at Skelmersdale, England, a stock deal was arranged to sell Huntsman Container Corporation to Keyes Fiber Company. Huntsman continued to serve as CEO of the container business for four more years and held a directorship of Keyes Fiber Company.

1975

The law library at Brigham Young University, built in 1975, was expanded and renamed for Howard W. Hunter in 1995 with financial support from Jon and Karen Huntsman and other donors. A new library building at Southern Utah University, named in honor of retiring SUU President Gerald R. Sherratt, contains the Jon and Karen Huntsman Reading Room. The Huntsmans also contributed to the Karen H. Huntsman Library in Snow College, Utah. Completed in 2010, it is a “green” building, expected to be the first academic library in the state to achieve gold Leadership in Energy and Environmental Design certification.

1977

In 1977 he was chairman of the Western States Republican Leaders. He was also the Republican Party of Utah national committeeman from 1976 to 1980. He was a friend of conservative radio talk show host Glenn Beck and has been interviewed on his show. He was more socially conservative than his son, Jon Huntsman Jr. His focus was cancer thus he was close friends with both Glenn Beck on the right and Harry Reid on the left, who have both helped further the mission of Huntsman Cancer Institute.

1982

In 1982, after serving as a mission president for the LDS Church in Washington, DC for three years, Huntsman continued his plastics and petrochemical pursuits with the formation of a new company, Huntsman Chemical Company, in Salt Lake City, Utah. In his capacity as CEO and Chairman, he grew the business into a multibillion-dollar company, in part by acquiring a number of businesses in the polystyrene, styrene, and polypropylene industry when they were not seen as profitable. Between 1986 and 2000 Huntsman acquired 36 companies, 35 of which turned out to be hugely profitable.

1984

He served as chairman for Utah in Ronald Reagan’s presidential campaign in 1984 and George H. W. Bush’s campaigns in 1988 and 1992.

1987

On December 8, 1987, Huntsman’s son, James, then age 16, was kidnapped and held for $1 million ransom by Nicholas Hans Byrd, a former classmate. FBI agents traced the kidnapper and rescued James unharmed, but agent Al Jacobsen was stabbed in the chest during the arrest.

1988

In March 1988, Huntsman announced he would run against incumbent Utah Governor Norm Bangerter in the Republican primary. Huntsman was leading in public opinion polls, sometimes by a double-digit margin. He reportedly raised almost $300,000 in campaign advertising, returning all funds raised back to the donors. A few weeks later, Huntsman went on a 10-day business trip to Asia with his friend, U.S. Senator Jake Garn, who was chairman of Governor Bangerter’s campaign. In mid-April Huntsman dropped out of the gubernatorial race and endorsed the governor, saying that party unity and his business responsibilities were more important than his political career, and asking political independents to support Bangerter. Later that year, Governor Bangerter appointed Huntsman to be the first Ambassador for Economic Development for the State of Utah.

Huntsman has also contributed to efforts to rebuild in Armenia, which was devastated by an earthquake in 1988. He and other family members have made 46 trips to Armenia over 25 years. He estimates that he has given at least $50 million to relief efforts in Armenia, including money to build schools and hospitals. One of his earliest projects there involved setting up a plant to make pre-stressed concrete, to supply building materials for reconstruction and to employ Armenians. The Huntsmans have built a tile roofing plant in Yerevan, apartment complexes, and a K-12 school in the city of Gyumri. The Huntsmans also provide scholarships to bring Armenian students to America to study at Utah State University. Huntsman has been granted citizenship in the country and awarded two medals of honor by Armenia, one of them the St. Mesrop Mashtots Order.

1989

In 1989 Huntsman gave $1 million to Utah State University in Logan, Utah for the Huntsman Environmental Research Center. At a press conference to announce the gift, Huntsman said the preservation of the environment is the single most important issue in the world. The Huntsmans also donated $500,000 to rebuild the Alumni Center, renamed the David B. Haight Alumni Center in honor of Mrs. Huntsman’s father. In December 2007, Utah State University announced that its College of Business would be renamed the Jon M. Huntsman School of Business, in recognition of a gift from Huntsman and his wife of $26 million, a major contributor for the new $40 million school of business building referred to as Huntsman Hall—the largest in the university’s history to that time. In 2017, Huntsman and Charles Koch donated another $50 million to the Huntsman School of Business for student scholarships and a new Center for Growth and Opportunity.

1993

One of Huntsman’s most notable causes is the Huntsman Cancer Institute (HCI) at the University of Utah, of which he was the founder and principal benefactor. He and his wife Karen established the Huntsman Cancer Institute in 1993 with a gift of $10 million from the Huntsman family. The Huntsmans gave the institute a further $100 million in 1995, an amount roughly equal to a year’s total distribution to researchers from the American Cancer Society. Their goal was to accelerate the work of curing cancer through human genetics. The institute is now one of America’s major cancer research centers dedicated to finding a cure for cancer with a state-of-the-art cancer specialty hospital.

1994

In 1994, the Huntsman Chemical Company was renamed the Huntsman Corporation. In 1996, Peter R. Huntsman became President and COO of Huntsman Corporation. In 2000 he replaced his father as the company’s CEO. Jon M. Huntsman continued to be involved in the company as Chairman.

2000

Huntsman’s second eldest son, Peter, took over as CEO of the Huntsman Corporation in July 2000 and as chairman in January 2018.

2004

Huntsman has been awarded thirteen honorary doctorate degrees at various universities. In 2004 he received the Othmer Gold Medal, awarded by the Chemical Heritage Foundation in recognition of contributions in research, innovation, legislation or philanthropy. In 2013 he received the Leadership Award for Lifetime Achievement from the Chemical Marketing and Economics (CM&E) group. In 2015, he received the Bower Award from the Franklin Institute.

Huntsman’s eldest son, Jon Jr., also served as a Huntsman Corporation executive. He was elected Governor of Utah in 2004 and was a candidate in the Republican Party presidential primaries in 2012. He has also served in other governmental positions, including as Ambassador of the United States to Singapore, China, and (as of 2017) Russia.

2005

During the 2000s, Huntsman continued its pattern of expansion, both in America and around the world, and reorganization. Huntsman Corporation became publicly traded on the New York Stock Exchange in 2005. As of 2014, Huntsman reported that it operated 80 manufacturing and R&D facilities in 30 countries and employed approximately 12,000 associates.

Huntsman has published a book about his life experience, communicating moral lessons. Titled Winners Never Cheat: Everyday Values We Learned as Children (But May Have Forgotten), it was published by Wharton School Publishing in 2005. A second edition, titled Winners Never Cheat: Even in Difficult Times, made the Wall Street Journal’s best-sellers list.

2007

In 2007 Huntsman co-founded an additional new private equity firm, Huntsman Gay Global Capital (now known as HGGC), with two former Bain Capital executives Robert C. Gay (1989–2004, managing director) and Greg Benson (executive vice president in London), former Sorenson Capital co-founder and managing director Rich Lawson, and Pro Football Hall of Fame quarterback Steve Young to focus on investments in middle market companies.

Huntsman was widely recognized for his humanitarian giving which, including contributions to the homeless, the ill and the under-privileged, exceeds $1.5 billion and has assisted thousands, both domestically and internationally. The Chronicle of Philanthropy placed Jon and Karen Huntsman second on their 2007 list of largest American donors. On January 1, 2000, The Salt Lake Tribune included him among “The 10 Utahns Who Most Influenced Our State in the 20th Century” for his donations to education and medical research. In 2001 Jon and Karen Huntsman were presented with the Entrepreneur of the Year Award for Principle-Centered Leadership. In 2003 he received the Humanitarian of the Year Award, presented by Larry King of CNN. In November 2008, the American Cancer Society presented him its Medal of Honor for Cancer Philanthropy, and in 2014 he was awarded the William E. Simon Prize for Philanthropic Leadership. In 2015, he was awarded the Philanthropy Roundtable’s Carnegie Medal of Philanthropy Award.

2012

Huntsman also promoted support of the institute through the Sigma Chi fraternity. Sigma Chi chose the Huntsman Cancer Foundation as one of its preferred philanthropic partners in December 2012. As of April 12, 2013, Sigma Chi had raised their first one-million dollars for cancer research. By 2017, Sigma Chi’s total has reached over five million dollars for cancer research.

2013

In November 2013, Huntsman donated or raised $120 million to Huntsman Cancer Institute at the University of Utah for the construction of a new research building dedicated to children’s cancer. The Primary Children’s and Families’ Cancer Research Center at Huntsman Cancer Institute was dedicated June 21, 2017, Huntsman’s 80th birthday.

2018

Huntsman was a four-time cancer survivor. He died on February 2, 2018 at his home in Salt Lake City.

🎂 Upcoming Birthday

Currently, Jon Huntsman, Sr. is 85 years, 3 months and 7 days old. Jon Huntsman, Sr. will celebrate 86th birthday on a Wednesday 21st of June 2023.

Find out about Jon Huntsman, Sr. birthday activities in timeline view here.

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