Frank B. Holding Jr Net Worth, Salary 2023, Wife and Kids, CEO of First Citizens Bank

Frank B. Holding Jr Net Worth 2023

Frank B. Holding Jr is estimated to have a net worth of $315 Million as of 2023. He has accumulated his net worth with the versatility he has shown in each field he has worked in.

His primary source of income is his career as a banker. As he progresses in his career, his net worth is projected to rise.

Frank B. Holding Jr Salary 2023

Holding Jr’s salary is $234,394 per year, and he gets a monthly salary of $98,333. He is an American banker who is chairman and CEO of First Citizens Bank and parent company First Citizens BancShares, Inc., headquartered in Raleigh.

Frank B. Holding Jr Bio, Wikipedia

Frank B. Holding Jr is an American banker, widely known for his expertise in the banking industry. He currently serves as the chairman and CEO of First Citizens Bank, as well as the parent company, First Citizens BancShares, Inc., based in Raleigh. Holding is credited with leading one of the largest family-controlled banks in the United States, with over $49 billion in assets.

Having started his career with the bank in Charlotte, Holding has held various senior management positions in Raleigh, Wilmington, Swansboro, and Fayetteville, before being promoted to the position of president of First Citizens. Holding has since steered the financial institution to great heights and is widely respected for his leadership and strategic vision.

Holding holds an M.B.A. from the prestigious Wharton School at the University of Pennsylvania and is a graduate of the University of North Carolina at Chapel Hill. Beyond his professional pursuits, he is also deeply involved in civic affairs across his home state of North Carolina. Holding serves as a member of the BlueCross BlueShield of North Carolina Board of Trustees, having formerly chaired the board. He is also a past chairman of the North Carolina Chamber and a member of the Mount Olive Pickle Company, Inc. Board of Directors.

Furthermore, with strong familial ties to Wake Forest, Holding has served as a trustee of the University since 2012. Holding’s contributions to his community and the banking industry have been widely recognized, and he remains an influential figure in the business world.

Frank B. Holding Jr Age

Frank B. Holding Jr is an American banker and prominent figure in the banking industry, known for his leadership roles and contributions to the financial sector. As of 2023, he is 60 years of age, having been born in the United States.

Holding celebrates his birthday annually with his loved ones, marking another year of his impressive career and contributions to his community. Despite his achievements and accolades, Holding remains grounded and values spending time with his family and friends, cherishing their company and support.

Throughout his career, Holding has made significant contributions to the banking industry and his community, earning him a reputation as a respected and influential leader. With many years of experience and numerous accomplishments to his name, Holding continues to make strides in his profession, and his legacy is set to endure for years to come.

Frank B. Holding Jr Parents, Father, Mother, Siblings

Frank B. Holding Jr was born to Robert Powell Holding and Margaret Brown Holding on December 7, 1962, in Smithfield, North Carolina, USA.

Frank’s father had a successful career at First Citizens Bank, serving on the company board for over 50 years before retiring. Frank had two brothers, Robert P. Holding Jr. and Lewis R. (Snow) Holding, both of whom passed away before their father.

Frank graduated from the Darlington School in Rome, GA, and later attended Wake Forest College. After his studies, he joined the U.S. Coast Guard and served for some time before joining First Citizens Bank in 1986.

Frank’s father had a long career at the bank, and Frank followed in his footsteps, working his way up the ranks over the years.

Frank B. Holding Jr’s siblings, Hope Holding (John) Bryant, Olivia Holding, Claire Holding (Peter) Bristow, and Carson Holding (Bryan) Brice, are all still alive.

Frank married Ruth E. Holding and they have five children, Brown Holding, Snow Holding, Perry Holding (James) Bailey, Collier Connell, and John Patrick (JP) Connell. Frank was a dedicated family man, celebrating his birthday every year with his family and friends.

Frank’s father had a significant impact on his life, and he often talked about his influence on his career and values. Frank Senior was involved in numerous philanthropic and community organizations, and his son inherited that passion for service. Frank B. Holding Jr served on the boards of many community organizations, including the North Carolina Global TransPark Foundation, the North Carolina Community Foundation, the Golden LEAF Foundation, and the North Carolina State Ports Authority.

Frank also had a passion for education and served on the Board of Trustees at Campbell University. He received honorary degrees from Campbell University and Chowan University and an Outstanding Alumnus honor (2002) and an honorary law degree (2009) from Wake Forest University. In addition, he had deep familial ties to Wake Forest and had served as a trustee since 2012.

Despite his demanding career as chairman and CEO of First Citizens Bank and parent company First Citizens BancShares, Inc., Frank found time for his hobbies. He loved farming, clearing trails, and riding his favorite horse, William, on his farm in Johnston County. Frank was a passionate horseman, and his formative years were shaped by his days at the Smithfield Mule Company Barn, where he made many friends and learned about horse-trading and character judgment. He could often be found driving his white pickup truck on the weekends, checking on crops or working on various projects to improve the land.

Frank’s family was his pride and joy, and he loved spending time with his 12 grandchildren. He passed away at the age of 89 on May 26, 2018. His legacy lives on through his family, his work in the community, and his dedication to First Citizens Bank.

Frank B. Holding Jr Wife

There is limited information available regarding the personal life of Frank B. Holding Jr, including his marital status and whether or not he has children.

As a public figure, Mr. Holding understandably keeps his personal life private. Thus, it is unclear whether he is married, divorced, or has children.

It is important to respect his privacy and not speculate or make assumptions about his personal life. Instead, we should focus on Mr. Holding’s impressive professional achievements, including his leadership role at First Citizens Bank, his contributions to the banking industry, and his involvement in civic affairs in North Carolina.