$50 Million

Bill Simpson’s Journey

Bill Simpson, a retired race-car driver and a businessman, originated the company Simpson Performance Products, marking the beginning of safety measures in racing. Born on March 14, 1940 in Hermosa Beach, California USA, Bill has made a significant impact on the world of racing.

Bill Simpson’s net worth in late 2017 was estimated to be around $50 million, derived from his successful involvement in the race-car association of the USA.

Bill Simpson’s Early Life and Career

Bill was deeply engrossed in racing from a young age. His focus on the safety of drivers stemmed from a harrowing accident he experienced at 18, where he broke both arms during a drag-racing event. Partnering with fellow drag racer Mike Sorokin, he crafted a prototype parachute to enhance safety. This marked the inception of Simpson Drag Chutes, followed by the development of various other safety products.

However, his journey wasn’t devoid of controversy, as his company faced accusations related to the death of Dale Earnhardt. This period was tough for Bill, leading to threats and even an attack on his residence. Despite this, he continued his pursuit by founding Impact! Racing after leaving his previous company in 2001. Impact! Racing was later sold, further bolstering his wealth.

In addition to his endeavors in racing, Bill delved into designing lighter football helmets, resulting in the establishment of Simpson Ganassi Helmets in collaboration with Chip Ganassi.

Recognizing his contributions, Bill was inducted into the Motorsports Hall of Fame of America.

Bill also shared his expertise through publications, with books such as “Racing Safely, Living Dangerously” (2000) and “Through the Fire” (2001) contributing to his wealth.

While Bill prefers to keep his personal life away from the public eye, his achievements in the racing and safety industry speak volumes.

  • Structural Info
Net Worth$50 Million
Date Of BirthMarch 14, 1940
Place Of BirthUnited States of America
ProfessionRacecar driver
NationalityAmerican
LinkedInhttps://uk.linkedin.com/in/billsimpson19
IMDBhttp://imdb.com/name/nm6174816

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