William Franke

$1.16B
as of 10/04/24

About William Franke

William Franke is the chairman of low-cost carrier Frontier Airlines and the owner of air transport-focused private equity firm Indigo Partners.

Raised in Latin America, Franke attended law school at Stanford and then worked as an executive at firms including Valley National Bank and Circle K.

He first got into the airline business as the CEO of America West Airlines from 1993 to 2001, turning the company into a low-cost carrier.

He was an early investor in Ryanair; since starting Indigo Partners in 2002, he's invested in several airlines including Volaris, Wizz Air, and Spirit.

He took Frontier public in April 2021; eight months later in February 2022, the firm announced a $6.6 billion merger with its rival Spirit Airlines.

Spirit and Frontier terminated their merger agreement in July 2022, with Spirit shareholders instead agreeing to a merger with JetBlue three months later.

Personal stats

Citizenship

United States of America

Source of wealth

Low-cost airlines

Residence

Houston, Texas

Marital status

Married

Birth date

04/15/37 (age 87)

Number of children

5

Education

Bachelor of Arts/Science, Stanford University; LLB, Stanford University

Self-made

self-made

William Franke’s fortune is worth

19K

troy ounces of gold

18K

median U.S. household

12K

median U.S. income

0.023%

U.S. credit card volume

0.005%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Net worth over time

Real-time ranking

Financial assets

NASDAQ | ULCC-US

Frontier Group Holdings, Inc.

NYSE | VLRS-US

Volaris

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Wizz Air

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