John W. Childs Explained

John W. Childs
Nationality:	American
Education:	Yale University Columbia University
Occupation:	Businessman
Known For:	Arranged the purchase of Snapple
CEO and founder of J.W. Childs Associates

John W. Childs (born 1941/1942) is an American billionaire businessman, the CEO and founder of J.W. Childs Associates, a private equity firm.

Early life

Childs earned a BA from Yale University and an MBA from Columbia University.

Career

Childs has worked for Prudential Insurance Company, and as the vice president of Canada Carbon.^[1] Childs worked for Thomas H. Lee Partners, where he arranged the purchase of Snapple. He has a reported net worth of $1.2 billion.^[2]

Politics

Childs is a major Republican donor, giving $1 million to Mitt Romney's campaign and $1.1 million to the Club for Growth, as well as donating to the campaigns of Congressmen Eric Cantor and Paul Ryan.^[3]

2019 solicitation charge

In February 2019, Childs was charged with solicitation of prostitution in connection with a police investigation into Florida massage parlors. Childs denied the charges.^{[4] [5]} After being charged, Childs stepped down as chairman of J.W. Childs Associates.^[6]

Notes and References

1. Web site: John Childs: Executive Profile . . October 11, 2013.
2. Storrs . Francis . The 50 Wealthiest Bostonians . October 11, 2013 . . March 2006 . November 28, 2016 . https://web.archive.org/web/20161128090330/http://www.bostonmagazine.com/2006/05/the-50-wealthiest-bostonians/ . dead .
3. News: Yang . Jia Lyn . Here's who pays the bills for Ted Cruz's crusade . October 11, 2013 . . October 11, 2013.
4. News: Parmar . Hema . Buyout Pioneer John Childs Charged in Florida Prostitution Sting . February 23, 2019 . . . February 22, 2019.
5. News: Billionaire equity firm owner John Childs accused in Florida prostitution ring . Ali . Schmitz . . February 22, 2019 . February 23, 2019.
6. Christine . Idzelis . J.W. Childs Founder Is 'Muzzled' After Prostitution Ring Charges . . 19 August 2019 . February 25, 2019.