Death Notice: Foster Friess
May 29, 2021
Foster S. Friess passed away peacefully on May 27, 2021 in Scottsdale, Arizona, surrounded by his family. He was 81. He was born on April 2, 1940.
A visionary investor and pioneer of growth stock picking, Foster's business story started with $800 of accumulated U.S. Army leave pay. 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.
Donating 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. 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. Bush, and Lady Bird Johnson. 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.
Foster's family released the following statement:
"We are grateful for the wonderful life Foster lived and thankful to the many people who have shared their prayers during his illness. We know many of you mourn with us, and we will have more details soon on Foster's funeral."
Remembrance services will be held in Scottsdale, Arizona, Jackson, Wyoming, and Rice Lake, Wisconsin.