Age, Biography and Wiki

Dee Hock (Dee Ward Hock) was born on 21 March, 1929 in North Ogden, Utah, U.S., is a Founder and former C.E.O of Visa Inc.. Discover Dee Hock's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 93 years old?

Popular As Dee Ward Hock
Occupation Entrepreneur, founder & CEO of the Visa credit card association (1970s–1984)
Age 93 years old
Zodiac Sign Aries
Born 21 March, 1929
Birthday 21 March
Birthplace North Ogden, Utah, U.S.
Date of death 16 July, 2022
Died Place Olympia, Washington, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 21 March. He is a member of famous Founder with the age 93 years old group.

Dee Hock Height, Weight & Measurements

At 93 years old, Dee Hock height not available right now. We will update Dee Hock's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Dee Hock's Wife?

His wife is Ferol Cragun

Family
Parents Not Available
Wife Ferol Cragun
Sibling Not Available
Children 3

Dee Hock Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Dee Hock worth at the age of 93 years old? Dee Hock’s income source is mostly from being a successful Founder. He is from United States. We have estimated Dee Hock's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Founder

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Timeline

1929

Dee Ward Hock (March 21, 1929 – July 16, 2022) was the founder and CEO of the Visa credit card association.

Hock was born in North Ogden, Utah, in 1929 and attended Weber State University where he graduated in 1949.

1968

In 1968, Hock was a vice president of National Bank of Commerce, a local Seattle, Washington, bank that was franchised by Bank of America to issue its credit card brand, BankAmericard.

Through a series of unlikely accidents, Hock helped invent and became chief executive of the credit system that became VISA International.

Early on, he convinced Bank of America to give up ownership and control of their BankAmericard credit card licensing program, forming a new company, National BankAmerica, that was owned by its member banks.

1976

The name was changed to Visa in 1976.

1984

In May 1984, Hock resigned his management role with Visa, retiring to spend almost ten years in relative isolation working a 200 acre parcel of land on the Pacific coast to the west of Silicon Valley.

In 1984, I severed all connections with business for a life of isolation and anonymity, convinced I was making a great bargain by trading money for time, position for liberty, and ego for contentment – that the beasts were securely caged.

Hock had built Visa as a deliberately decentralized organization.

1991

He was inducted into Junior Achievement's U.S. Business Hall of Fame in 1991, and the Money magazine hall of fame in 1992.

In his 1991 Business Hall of Fame acceptance speech Hock explained:

Through the years, I have greatly feared and sought to keep at bay the four beasts that inevitably devour their keeper – Ego, Envy, Avarice, and Ambition.

1993

In March 1993, Hock gave a dinner speech at the Santa Fe Institute where, based on his experiences founding and operating Visa International, he described systems that are both chaotic and ordered, using the term "chaordic" from the words "chaos" and "order".

1994

In February 1994, Hock accepted a grant from the Joyce Foundation for his travel expenses to study the possibilities of implementing chaordic organizations.

The non-profit Alliance for Community Liberty was formed in 1994 by Hock to develop, disseminate and implement these new concepts of organization, and was renamed The Chaordic Alliance in 1996.

1999

Hock has authored a book on the subject, Birth of the Chaordic Age (1999) with an edition named One from Many: VISA and the Rise of Chaordic Organization (2005) which includes two new chapters.

Hock married his high school girlfriend, Ferol Delors Cragun, when he was 20.

2001

In spring 2001 The Chaordic Commons - a 501c3 nonprofit organization - was formed to supersede the Chaordic Alliance.

Hock died on July 16, 2022, at the age of 93.

In addition to his career in the financial industry, Hock has been active in developing new models of social and business organization.

He has been particularly interested in forms of organization that are neither rigidly controlled nor anarchic, a hybrid form he terms chaordic.

2018

She died in 2018.

At the time of his death, he was survived by two children, seven grandchildren, and seven great grandchildren.