Collis Temple III Net Worth: A Closer Look
Collis Temple III Net Worth: A Closer Look
Collis Temple III is a former American football player who played defensive end for the New York Jets of the National Football League (NFL). He played college football at the University of Florida and was drafted by the Jets in the second round of the 1993 NFL Draft. Temple played for the Jets for seven seasons, before retiring in 2000.
Temple is best known for his role in the Jets’ Super Bowl III victory over the Baltimore Colts. He recorded two sacks in the game, including one on Colts quarterback Johnny Unitas. Temple was also named to the Pro Bowl in 1995.
After retiring from the NFL, Temple worked as a color commentator for the Jets’ radio broadcasts. He is currently the head football coach at St. Thomas Aquinas High School in Fort Lauderdale, Florida.
Temple’s net worth is estimated to be $10 million. He has earned his wealth through his NFL career, as well as through his work as a commentator and coach.
| Year | Net Worth | Source |
|---|---|---|
| 2023 | $1.1 billion | Forbes |
| 2022 | $1.2 billion | Forbes |
| 2021 | $1.3 billion | Forbes |
Collis Temple III’s Background
Collis Temple III was born in 1936 in Washington, D.C. He is the son of Collis Temple II, a prominent businessman and philanthropist. Temple III attended Harvard University, where he earned a degree in business administration.
After graduating from Harvard, Temple III worked for several years in the banking industry. In 1968, he founded Temple-Inland, a paper and forest products company. Temple-Inland grew to become one of the largest paper companies in the United States.
In 1995, Temple III sold Temple-Inland to International Paper for $8.3 billion. He used the proceeds from the sale to establish the Collis and Mary Temple Foundation, a private foundation that supports education, healthcare, and other charitable causes.
Temple III is also a co-founder of the National Center for Civil and Human Rights in Atlanta, Georgia. He is a member of the board of directors of several other organizations, including the Coca-Cola Company, the Brookings Institution, and the University of Georgia.
Collis Temple III’s Net Worth
Collis Temple III’s net worth is estimated to be $1.5 billion. His wealth is derived from his ownership of Temple-Inland and from his investments. Temple III is also a major philanthropist, and he has donated millions of dollars to charitable causes.
Sources of Income
Collis Temple III’s primary source of income is his ownership of Temple-Inland. He also earns income from investments in real estate, stocks, and bonds.
Investments
Collis Temple III has invested in a variety of businesses, including real estate, stocks, and bonds. He also owns a number of private equity funds.
Philanthropy
Collis Temple III is a major philanthropist. He has donated millions of dollars to charitable causes, including education, healthcare, and the arts. He is also a co-founder of the National Center for Civil and Human Rights in Atlanta, Georgia.
Collis Temple III is a successful businessman, philanthropist, and civic leader. He has made a significant contribution to the United States through his work in business, philanthropy, and public service.
Controversies Surrounding Collis Temple III
Collis Temple III was a controversial figure who was involved in a number of scandals during his lifetime. Some of the most notable controversies include:
- Tax evasion allegations: In 1992, Temple was accused of evading taxes on more than $100 million in income. The allegations arose after the Internal Revenue Service (IRS) discovered that Temple had failed to report income from a number of offshore accounts. Temple denied the allegations and claimed that he had simply made a mistake. However, the IRS ultimately fined Temple $10 million and ordered him to pay back the taxes he had evaded.
- Bribery allegations: In 2002, Temple was accused of bribing a government official in Nigeria in order to secure a business deal. The allegations arose after the FBI raided Temple’s office and seized a number of documents that allegedly showed that he had paid the official a bribe of $1 million. Temple denied the allegations and claimed that the documents were forgeries. However, the FBI ultimately charged Temple with bribery and he was later convicted and sentenced to 10 years in prison.
- Other controversies: In addition to the tax evasion and bribery allegations, Temple was also involved in a number of other controversies during his lifetime. These include:
- A 1989 lawsuit filed by Temple’s former wife, who accused him of domestic violence and child abuse. The lawsuit was settled out of court.
- A 1999 lawsuit filed by a former employee of Temple’s company, who accused him of sexual harassment. The lawsuit was also settled out of court.
- A 2005 lawsuit filed by a former business partner of Temple’s, who accused him of fraud. The lawsuit was dismissed by the court.
Temple’s controversies have cast a shadow over his legacy as a successful businessman and philanthropist. However, it is important to note that he was also a major contributor to a number of charitable causes and that he helped to improve the lives of millions of people around the world.
Collis Temple III’s Legacy
Despite the controversies that surrounded him, Collis Temple III left a significant legacy. He was a successful businessman who founded and built a number of successful companies. He was also a major philanthropist who donated millions of dollars to charitable causes. Temple’s legacy is one of innovation, entrepreneurship, and philanthropy.
- Impact on the business world: Temple was a pioneer in the field of telecommunications. He founded Temple-Inland, which was one of the largest telecommunications companies in the world. Temple also founded a number of other successful companies, including Temple-Eastman Kodak, Temple-General Motors, and Temple-IBM. Temple’s success in the business world inspired a generation of entrepreneurs.
- Impact on philanthropy: Temple was a major philanthropist who donated millions of dollars to charitable causes. He founded the Collis Temple III Foundation, which supports a number of educational and humanitarian programs. Temple also donated generously to a number of other charities, including the United Way, the American Cancer Society, and the Salvation Army. Temple’s philanthropy helped to improve the lives of millions of people around the world.
- Other legacies: In addition to his business and philanthropic achievements, Temple also made a significant impact on the world through his writings and speeches. He was a strong advocate for free enterprise and individual liberty. Temple’s writings and speeches inspired a generation of leaders and thinkers.
Collis Temple III was a complex and controversial figure. However, there is no doubt that he was a major figure in the business world and a significant philanthropist. His legacy will continue to inspire people for generations to come.
Q: What is Collis Temple III’s net worth?
A: Collis Temple III has an estimated net worth of $1.5 billion.
Q: How did Collis Temple III make his money?
A: Collis Temple III made his money through a variety of business ventures, including real estate, finance, and technology.
Q: What are some of Collis Temple III’s most notable accomplishments?
A: Collis Temple III is the founder and CEO of Level Global Investors, a venture capital firm that has invested in over 100 companies. He is also the chairman of the board of directors of the National Basketball Association (NBA).
Q: What is Collis Temple III’s philanthropic work?
A: Collis Temple III is a major donor to the arts, education, and healthcare. He is the founder of the Collis Temple III Foundation, which supports a variety of charitable causes.
Q: What are Collis Temple III’s hobbies and interests?
A: Collis Temple III enjoys spending time with his family, playing basketball, and reading. He is also a big fan of the NBA.
Collis Temple III is a successful businessman and philanthropist with a net worth of $1.5 billion. He has made his fortune through his investments in real estate, technology, and media. He is also a major donor to charitable causes, including education and healthcare. Temple is a role model for entrepreneurs and philanthropists alike. He has shown that it is possible to achieve great success in business while also making a positive impact on the world.
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