16 Facts About Tom Knox

Tom Knox was credited with significantly increasing the bank's income, though has been criticized for his methods.

In 1999, Tom Knox acquired Fidelity Insurance Group, a Maryland health insurance firm which he sold to UnitedHealth Group in 2004 for a gain of over twenty million dollars.

Tom Knox resigned his position in 2006 in order to run for mayor.

Tom Knox served for one and a half years, accepting only one dollar a year in salary.

Rendell credited Tom Knox with helping to save the city seven million dollars on better leases for office space.

Tom Knox was involved in negotiating lower health care costs for city employees.

Tom Knox has been a major contributor and fund-raiser for various local politicians.

In December 2006, Tom Knox announced his campaign for mayor and lent five million dollars to his campaign.

Tom Knox pledged to spend up to fifteen million dollars of his own money in the race.

Thanks to his cash advantage, Tom Knox was one of the first candidates to go on the air with television commercials.

The new '527' money did prompt Tom Knox to put another $3 million of his own money into the race to counter the ads, which raised his personal total to $8 million.

Tom Knox was considered a potential candidate for governor in 2014, or for mayor of Philadelphia in 2015, but decided against both, signaling a possible end to his political aspirations.

In 2022, Tom Knox served as assistant treasurer for the Pennsylvania for Pennsylvania PAC, backing Republican US Senate candidate George Bochetto.

Tom Knox was raised in public housing in the East Falls neighborhood of the city.

Tom Knox purchased three units in the high-rise condo Residences at Two Liberty Place with plans to convert them into a single 5,500-square-foot unit on the 46th floor.

Tom Knox is married to Linda Knox, and together they have two sons.