John W. Childs

John W. Childs
John W. Childs
Born	1941/1942 (age 78–79)[1]
Nationality	American
Education	Yale University; Columbia University
Occupation	Businessman
Known for	Arranged the purchase of Snapple
Net worth	$1.2 billion (2006)[1]
Title	CEO and founder of J.W. Childs Associates

John W. Childs (born 1941/1942) is an American billionaire businessman, the CEO and founder of J.W. Childs Associates, a private equity firm.

Early life

Childs earned a BA from Yale University and an MBA from Columbia University.[2]

Career

Childs has worked for Prudential Insurance Company, and is the vice president of Canada Carbon.[2] Childs worked for Thomas H. Lee Partners, where he arranged the purchase of Snapple. He has a reported net worth of $1.2 billion.[1]

Politics

Childs is a major Republican donor, giving $1 million to Mitt Romney's campaign and $1.1 million to the Club for Growth, as well as donating to the campaigns of Congressmen Eric Cantor and Paul Ryan.[3]

2019 solicitation charge

In February 2019, Childs was charged with solicitation of prostitution in connection with a police investigation into Florida massage parlors. Childs denied the charges.[4][5] After being charged, Childs stepped down as chairman of J.W. Childs Associates.[6]

References

Storrs, Francis (March 2006). "The 50 Wealthiest Bostonians". Boston Magazine. Retrieved October 11, 2013.
"John Childs: Executive Profile". Bloomberg Businessweek. Retrieved October 11, 2013.
Yang, Jia Lyn (October 11, 2013). "Here's who pays the bills for Ted Cruz's crusade". The Washington Post. Retrieved October 11, 2013.
Parmar, Hema (February 22, 2019). "Buyout Pioneer John Childs Charged in Florida Prostitution Sting". Bloomberg.com. Bloomberg L.P. Retrieved February 23, 2019.
Schmitz, Ali (February 22, 2019). "Billionaire equity firm owner John Childs accused in Florida prostitution ring". USA Today. Retrieved February 23, 2019.
Idzelis, Christine (February 25, 2019). "J.W. Childs Founder Is 'Muzzled' After Prostitution Ring Charges". Institutional Investor. Retrieved August 19, 2019.

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[Bostonians-1] Storrs, Francis (March 2006). "The 50 Wealthiest Bostonians". Boston Magazine. Retrieved October 11, 2013.

[Exec-2] "John Childs: Executive Profile". Bloomberg Businessweek. Retrieved October 11, 2013.

[Donor-3] Yang, Jia Lyn (October 11, 2013). "Here's who pays the bills for Ted Cruz's crusade". The Washington Post. Retrieved October 11, 2013.

[4] Parmar, Hema (February 22, 2019). "Buyout Pioneer John Childs Charged in Florida Prostitution Sting". Bloomberg.com. Bloomberg L.P. Retrieved February 23, 2019.

[5] Schmitz, Ali (February 22, 2019). "Billionaire equity firm owner John Childs accused in Florida prostitution ring". USA Today. Retrieved February 23, 2019.

[6] Idzelis, Christine (February 25, 2019). "J.W. Childs Founder Is 'Muzzled' After Prostitution Ring Charges". Institutional Investor. Retrieved August 19, 2019.