Prior to that decade, he could do no wrong. I have to do them, and unfortunately the nature of our business just didn't permit me to do as much as I wanted." The couple announced the wonderful news via social media, displaying their newborn son, Kingsley Taylor Beech. Heres a look at what DeLoreans net worth was when he died, the legal troubles he faced, and why his company failed. Although DeLorean considered moving to the Studebaker headquarters, he instead took a job offer from vice president of engineering at General Motors, Oliver K. Kelley. In 2023, Chris Medinas net worth was estimated to be, Vidhu Vinod Chopra is an Indian film director, producer, and screenwriter who has a net worth of $30 million. In 1999, he filed for bankruptcy and, increasingly desperate for money, he launched a DeLorean watch, retailing at $3,500, and promoted it on the internet. Biography, Net Worth, Gossips, Salary, News & Much More. John Delorean Net Worth. DeLorean was also a fan of European sport sedans where he encouraged Chevrolet engineers to upgrade suspensions, brakes, and steering systems to international standards while maintaining ride quality during his tenure the second generation Camaro which debuted in February 1970, along with a chassis redesign with the 1971 Chevrolet B platform (Impala, Caprice), and refreshing the GM A-body platform for the 1973 model year became standouts the latter of which was European-influenced (exterior styling had rounded edges as opposed to the coke bottle lines with past GM products; this trend continued with the final generation of the GM X platform (Chevrolet Nova and its corporate clones by the 1975 model year where the aging X platform received a front suspension upgrade from the second generation F car). DeLorean left General Motors in 1973 to form his own company, the DeLorean Motor Company. They had daughter Kathryn Ann, born November 15, 1977; they divorced in 1985. Politicians John Kerry's Net Worth,, How Rich Is John Legend? Dating is to describe a stage in a persons life when he or she is actively pursuing romantic relationships with different people. The final product, published in 1979, On a Clear Day You Can See General Motors, sold approximately 1.6 million copies, but disagreements over the content led to a conflict between the collaborators, with Wright eventually publishing the book on his own. Discover John DeLoreans Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Heres to those who take the odds. The film Back to the Future was released in 1985, featuring DeLoreans namesake car, and DeLorean wrote to writer and producer Bob Gale thanking him for immortalizing the car. DeLorean then married Kelly Harmon, the sister of actor Mark Harmon in 1969, they divorced in 1972. He married and divorced three times before settling with his last wife, Sally Baldwin, until his death in 2005. . . He is from MI. He is one of the Richest Entrepreneur who was born in MI. He was also known for his arrest for cocaine trafficking. Farmington Hills, MI . DeLorean was born on January 6, 1925, in Detroit, Michigan, the eldest of four sons of Zachary and Kathryn (ne Pribak) DeLorean. It was powered by the "Douvrin" V6 engine developed by Peugeot, Renault, and Volvo (known as the PRV). After going into receivership in February 1982, DMC produced another 2,000 cars until John DeLorean's arrest in late October, at which point liquidation proceedings were undertaken and the factory was seized by the British government for good. Released on $5 million bail, Delorean was facing sixty-seven years in federal prison. If the name DeLorean conjures up the image of Michael J. He also faced additional headwind from a looming recession. Another factor was DeLorean's lack of criminal history, whereas Hoffman was a career criminal who stood to directly benefit if he was able to convince DeLorean to incriminate himself on tape. New bombshllh & Mogul: John DeLorean documents his turbulent life and career.New bombshll Credit: Getty. , the biggest and most important component of G. M. He successfully reorganized Chevrolet, which was in a slump, and was rewarded by being named vice president of car and truck production, a stepping stone to the presidency of the entire company. By 1982, DeLorean Motor Company had filed for bankruptcy and later sold its name to a Texas-based company. Therefore, he didnt spend more than a few days in jail. From humble beginnings to a Hollywood lifestyle, John DeLorean climbs the ranks at General Motors before deciding to launch a dazzling car of the . John DeLorean remembered as struggling, tragic genius . He is primarily known and portrayed on the internet as the former son, Noah Shannon Green ! Noah Shannon Green ! The Vega was assigned to Chevrolet by corporate management, specifically by GM president Ed Cole, just weeks before DeLorean's 1969 arrival as Chevrolet division's general manager. Taken together, these two elements allowed DeLorean to successfully defend himself at trial with the procedural defense of police entrapment. But, before the vehicle could create abuzz in Hollywood, DeLoreans company struggled, mainly due to production delays, according toCelebrity Net Worth. We will update Family, Sibling, Spouse, and Childrens information. He was forced to sell his 434-acre (176 ha) estate in Bedminster in 2000. (Charts and 18 Things You Should Know), Ladies Menu Prices of all specials (updated) | Nutritional Information, Kirkland Costco 2022 Dog Food Review and Recalls. Tom Brokaw is probably most In 2023, Tom Brokaws net worth was estimated to be, Dylan Dreyer is an American television meteorologist who has a net worth of $4 million. John Zachary DeLorean net worth is $50 Million. 26 Feb Feb DeLorean received a February 1969 promotion to head the Chevrolet Motor Division he ended up streamlining the production line by delaying the release of the second generation Camaro (introduced April 1970) and a moratorium on product lifecycle management (later used with mass market automobiles where the automobile product marketed is restyled, rebodied, and/or facelifted every few years) with the Corvette and Nova (the Nova (X-body) received a midcycle refresh for the 1973 model year with a hatchback bodystyle DeLorean proposed this for the Pontiac GTO prior to 1969 where its executives vetoed the proposal). John DeLoreans height Unknown & weight Not Available right. We did however see John Z in 2000, at a DMC-12 owners' convention where he was talking about the new cars he was developing. Both Zachary and Kathryn spoke with filmmakers of a2019 documentaryFraming John DeLoreanabout how their fathers fall from grace impacted them, even though he was eventually exonerated. If nothing succeeds in America like success, nothing dehumanizes an American hero of the moment like failure. A one-month strike followed, and dealers did not receive enough cars for the demand in 1972. Cristina Ferrare was born on February 8, 1950. Ferrares sole leading role in motion pictures would prove to be the B-horror movie Mary, Mary, Bloody Mary (1975), a cheapen shot in Mexico featuring his beautiful, young wife as a bisexual vampire. We have estimated John DeLorean's net worth, money, salary, income, and assets. He had a meteoric rise to the presidency of General Motors, but found their corporate culture too stifling and left to found his own car company. ? His public image went from that of renegade and maverick, an automotive Ted Turner, someone who bucked the System, to pathetic loser. DeLorean was married four times. and Tri-Power (three 2-barrel carburetors ("3x2 bbl.")) Pontiac developed . He married and divorced three times before settling with his last wife, Sally Baldwin, until his death in 2005. When not required at Ford, he occasionally worked as a carpenter. The Pontiac brand reached third place in total annual industry sales in the United States as a slightly bigger Chevrolet. He promised each buyer a place on the waiting list for a new DMC model. Complete Wiki Biography of John DeLorean, which contains net worth and salary earnings in 2023. While back in college, he worked part-time at Chrysler and at a local body shop, foreshadowing his later contributions to the automotive industry. However, it had been rumored that he had been fired. How Much Was John McAfee's Net, M.B.A. from Detroit College of Law University of Michigan (1957). John DeLorean was born in Detroit, in January 6, 1925. After DeLoreans acquittal, Ferrare sought a divorce, which was granted in 1985. He married Kelly Harmon on May 31, 1969, the sister of actor Mark Harmon and daughter of Heisman Trophy winner Tom Harmon and actress Elyse Knox; they divorced in 1972. DeLorean agreed to dictate his recollections for Wright, who wrote the book. #footer{ border-color: #759e49; } Table of Contents. By the time it hit the market, there wasnt a demand and the company was left with a large amount of inventory and debt. He was indeed a pioneer in the American automobile business. [2][3] DeLorean moved to a condominium in Morristown, New Jersey where he lived until his death five years later. Papa John's Founder's Net Worth, How Rich Is John Poulos? John DeLorean Net Worth. For many, the name John DeLorean is synonymous with glamorous automobiles. While still a profitable company, Packard suffered alongside other independents as it struggled to compete when Ford and General Motors engaged in a price war. "John DeLorean went to Hollywood, he got connected to that world out there. Although Chevrolet was experiencing organizational and financial troubles when he was appointed, DeLorean helped the brand achieve record sales by 1971. Relatives & Associates. The book would eventually sell over a million-and-a-half copies. He is from USA. 10John DeLorean Net Worth: Who Was the Elon Musk of the '80s? DeLorean personally wrote to Bob Gale, one of the producers of the film, thanking him for using the car. 5 examples of microaggressions in the workplace The way women work, 1Value of John Delorean's grandson - Meg Messina Photography, 2John Delorean | Facts About Famous People - Kidal, 3John Delorean General Motors | The pop history excavation, 4Value of John Delorean's Grandson - Thug Life Meme, 6DeLorean gets the fortune, but Cristina has kids. The 20,000 ($34,300) three-wheeled knockoff runs an 850-cc four-cylinder engine, but its creator apparently has plans for an electrified model to be called the DMC 1.21 after the 1.21 gigawatt . His peers including Diddy, Ye, Dr. Dre and Berner were also listed. John DeLorean has been died on Mar 19, 2005 ( age 80). one of the criticisms of jungian theory is that: navy federal auto loan early payoff penalty, who did frankie avalon jr play in karate kid, disadvantages of portal frame construction. In 1943, DeLorean was drafted for military service and served three years in the U.S. Army. Why did she What happened to Monza on Street Outlaws? After DeLorean left General Motors, Patrick Wright, author and former Business Week reporter, approached him with the idea of writing a book based on his experiences there. Creator of the famous, if impractical, automobile. Kraken vs. Coinbase (2023) The Comparison We All Need, How to fix hot roots at home with toner, box dye and more, The 7 best hypoallergenic cat foods of 2023, Common Microaggressions You May Not Be Aware Of. At the time, Forbes reports, he had been living in a one-room apartment with his fourth wife. John Zachary DeLorean has a net worth of $5.00 million (Estimated) which he earned from his occupation as engineer and executive in the U.S. automobile industry. He had a son named Zachary and a daughter named Kathryn. John Zachary DeLorean was born on January 6, 1925 in Detroit, Michigan, the oldest of the four sons of Zachary DeLorean, a Romanian immigrant who worked as a millwright at Ford Motor Co., and his wife Kathryn Pribak, a Hungarian immigrant who worked at General Electric. From three marriages, Cristina Ferrare has four children, three of whom are biological. DeLorean adopted a son whom he named Zachary Tavio, 14 months old at the time of his marriage to model Cristina Ferrare, who co-adopted Zachary. The couple had three other children. On October 19, 1982, the automaker John Z. DeLorean is arrested and charged with conspiracy to obtain and distribute 55 pounds of cocaine. The Firstborn Child Of Megan Fox And Brian Austin, Everything You Should Know About Jessica Plummer And Ben Hardy Relationship, Russell Dominic Peters New Girlfriend Indicates That The Couple Is Engaged, All You Should Know About Aurelia Jadrny Schwarzenegger, All You Need To Know About Naviyd Ely Raymond. When DeLorean was arrested for possiblecocaine trafficking in 1982, Zachary was about 12 years old and struggled greatly with the aftermath. Having moved yet again to join General Motors in 1956, DeLorean was put to work rejuvenating the Pontiac brand and developed the Pontiac GTO, described by the same source as "the first muscle car." This DeLorean quadcopter flies back to the future. Reviews. In 1982, he was charged by the U.S. government with cocaine trafficking and faced a highly publicized trial. John DeLorean was born in Detroit, in January 6, 1925. The FBI set him up with more than 59 lb (27 kg) of cocaine (worth about US$6.5 million) in a hotel near Los Angeles International Airport after arriving from New York, and the Federal Bureau of Investigation stated DeLorean was the "financier" to help the financially declining company in a scheme to sell 220 lb (100 kg), with an estimated value of US$24 million. Kraken vs. Coinbase: Which Crypto Exchange Rules Are the Highest? of daughter Kathryn DeLorean and son Zachary DeLorean. He stated, "The first cars, from a manufacturing standpoint, were well built." Birthplace: Detroit, Mich . How tall is John DeLorean John Zachary DeLorean Net Worth. $50 Million. Profession: Auto engineer and executive. So it doesn't seem like anything too crazy. Bill Daily In 2023, Bill Dailys net worth was estimated to be, Craig Thompson is an American graphic novelist who has a net worth of $1 million. Her latest marriage with Anthony Thomopoulos has also produced two daughters - Alexandra who was born in 1986 and her . Right now, we dont have much information about Education Life. She had been a 23-year-old model when she fell in love with the rogue car magnate, who was . The show is set during the time between the arrest and the trial. Source of Wealth: Entrepreneur: Net Worth 2022: under review: Earnings in 2022: Pending: Yearly Salary: Under Review: House(s) He lives in Detroit: Cars: There are no vehicles shown to the public: All net worths are calculated by applying a proprietary algorithm. While single, DeLorean adopted a son he named Zachary Tavio, 14 months old at the time of his third marriage to model Cristina Ferrare, who co-adopted Zachary. According to the ad, only 100 were going to be manufactured and sold for $85,000. Dominion Voting Systems Founder's, John McAfee's Fortune Forbes? He also faced an additional headwind from a looming recession. John's . John DeLorean (John Zachary DeLorean) was born on 6 January, 1925 in Detroit, Michigan, USA, is a Writer. He was also known for his arrest for cocaine trafficking. He and Sally stayed married until his death in 2005. The price of the new DeLorean is projected to be around $100,000, meaning Wynne is likely to see a nice return on the $5 million he's poured into his company over the years. He was ubiquitous in popular culture. DeLorean quickly gained the attention of his new employer with an improvement to the Ultramatic automatic transmission, giving it an improved torque converter and dual drive ranges; it was launched as the "Twin-Ultramatic". He is best known for developing the iconic DeLorean DMC-12 car, which was featured in the "Back to the Future" movies. John Zachary DeLorean was born on January 6, 1925 in Detroit, Michigan, the oldest of the four sons of Zachary DeLorean, a Romanian immigrant who worked as a millwright at Ford Motor Co. , and his wife Kathryn Pribak, a Hungarian immigrant who worked at General Electric. 5 Things You Probably Didn't Know About John DeLorean. Tony and Cristina Ferrare's daughters were born in 1986 and . Kelly Harmon Age, Background. John DeLorean was born in Detroit, in January 6, 1925. He was born in Detroit, Michigan, his father working for the Ford Motor Co. and his mother an employee of General Electric. The couple . [2] Pass per il Montana e a Gary (Indiana) prima di arrivare nel . The transport was never built. LOS ANGELES (Hollywood Reporter) - Two of John DeLorean's children are backing rival movie projects about the maverick automaker famed for the futuristic car that bears his name. DeLorean adopted a son whom he named Zachary Tavio, 14 months old at the time of his marriage to model Cristina Ferrare, who co-adopted Zachary . June 17, 2019. He was seen as one of the most successful engineer and executive in the U.S. automobile industry of all times. DeLorean adopted a son whom he named Zachary Tavio, 14 months old at the time of his marriage to model Cristina Ferrare, who co-adopted Zachary. The indictment charged him with eight felony counts involving the alleged importation of 220 pounds of coke. Singer John Legend's Net Worth,, How Rich Is John Furner? 6 January 1925 in Detroit, Michigan; d. 19 March 2005 in Summit, New Jersey ), innovative automobile executive whose attempts to found his own automobile company ended in notoriety. Besides the Vega, DeLorean also had a role in the redesign of the Chevrolet C/K light truck, which dated back to 1968 where the cab and sheetmetal were redesigned with rounded corners with the use of a wind tunnel. John DeLorean body measurments, height, weight and age details. DeLorean was married four times. The 'Street Outlaws' Star's Net, How Rich Is John Schnatter? John had a son named Zachary and a daughter named Kathryn. DeLorean attended night classes at the University of Michigan's Ross School of Business to earn credits for his MBA degree, which he completed in 1957. He also faced additional headwind from a looming recession. Author: megmessina.com; Published Date: 10/30/2021; Review: 4.95 (895 vote) Summary: DeLorean was plagued for a long time by traders' lawsuits from the collapse of De Lorean Engine Co., and in 1999, he was pressured to declare themselves . He was also known for his arrest for cocaine trafficking. John DeLorean is best known for producing the DeLorean DMC-12 sports car that was used in the Back to the Future trilogy. Let's check, How Rich is Cha, Who is Kirill Shamalov? She took work wherever she could to supplement the familys income. Who Was John DeLorean, Disgraced '80s Auto Mogul Arrested for Smuggling $24 Million of Cocaine? While it's impossible to calculate the exact amount John DeLorean is worth, we can use publicly available information such as salary, investments, businesses, endorsements, and other income to estimate a net worth for 2023. Under Review. . The one millionth Vega was built in May 1973, a month after DeLorean's GM resignation. GM was a major contributor to the group and agreed to continue his salary while he remained president of NAB. Sorry To Disturb You On Weekend Email, She was first married to John Delorean. Creator of the famous, if impractical, automobile. However, what should have been the height of DeLorean's career quickly turned into a professional car crash, leading to a swift fall from grace for one of America's most talented auto engineers. Early Life and Education: John DeLorean was born in 1925 in Detroit, Michigan as the eldest of four sons. The fallout makes the ultimate fate of the DeLorean Motor Company officially formed two years after he left GM, per Forbes ironic as well as tragic. He then was married to Sally Baldwin who he had daughter Sheila Baldwin DeLorean with on February 19, 2002. Luxury watchmaker turns hand toward retro games. All of his achievements ensured the position of his wealth. John DeLorean Height, Weight & Measurements, Cristina Ferrare (8 May1973 1985)( divorced)( 2 children), Kelly Harmon (31 May1969 3 June1972)( divorced)( 1 child), Elizabeth Higgins (3 September1954 1969)( divorced), Sally Baldwin (? At the age of 40, DeLorean had broken the record for youngest division head at GM and was determined to continue his string of successes. His wife is Cristina Ferrare (8 May1973 1985)( divorced)( 2 children), Kelly Harmon (31 May1969 3 June1972)( divorced)( 1 child), Elizabeth Higgins (3 September1954 1969)( divorced), Sally Baldwin (? John entered the career as engineer and executive in the U.S. automobile industry In his early life after completing his formal education.. DeLorean was married four times. Birthdate: Jan. 6, 1925. DeLorean found the Cass experience exhilarating, and he excelled at his studies. John DeLorean net worth and salary: John DeLorean is a Entrepreneur who has a net worth of $50 million. John DeLorean never recovered professional from the failure of his car company. Biography in: The Scribner Encyclopedia of American Lives. Fans, please take into consideration that we didn't break into John DeLorean's bank accounts. So He totaled. Adapting to the frustrations that he perceived in the executive offices was a difficult transition for him. But under the hood of his self-created legend lies darkness and deceit. He has a pure loving kind heart personality. In 1982, he was charged by the U.S. government with cocaine trafficking and faced a highly publicized trial. And John DeLorean managed to transform himself from a poor immigrant's son into a wealthy playboy before his entire business came crashing down. He is from USA. Her parents were originally from Germany. Lets check, How Rich is John DeLorean in 2019-2020? A motorcade of DeLorean DMC-12 led the procession. DeLorean was arrested after undercover agents presented him with a suitcase filled with fifty-five pounds of cocaine. He was born in Detroit, Michigan, his father working for the Ford Motor Co. and his mother an employee of General Electric. To highlight a performance emphasis of the brand, the GTO debuted as a Tempest/LeMans option package with a larger, more powerful engine in 1964. A media celebrity since the 1960s, DeLorean had long been moving in show business circles, and met Ferrare at a charity event. As of early-2017, sources estimate a net worth that was at $50 million, mostly earned through success in the automotive industry. After marrying his third wife, Cristina Ferrare, the couple had two children, Zachary and Kathryn. John Zachary DeLorean was an American engineer, inventor, and executive in the U.S. Who is John DeLorean He is from USA. Noted, Currently, We dont have enough information about Cars, Monthly/Yearly salaries, etc. We respect other peoples privacy, so please dont stalk celebrities or hack anyones account and send us the information we will pretend not to know you. They had daughter Kathryn Ann, born November 15, 1977; they divorced in 1985. Tony Orlando is a performer and former lead singer who has a net worth of $4 million dollars. . So, how much is John DeLorean worth at the age of 80 years old? .footer-seperator{background-color: rgba(0,0,0,.2);} John DeLorean Height, Weight & Measurements, Cristina Ferrare (8 May1973 1985)( divorced)( 2 children), Kelly Harmon (31 May1969 3 June1972)( divorced)( 1 child), Elizabeth Higgins (3 September1954 1969)( divorced), Sally Baldwin (? Zachary Delorean 's birthday is 10/24/1971 and is 50 years old. John DeLorean is best known for producing the DeLorean DMC-12 sports car that was used in the "Back to the Future" trilogy. World War II interrupted his studies. John DeLorean's Net Worth: $4 Million. By this time, DeLorean earned an annual salary of US$200,000 (equivalent to US$1,394,374 in 2019), with yearly bonuses of up to US$400,000 (equivalent to US$2,788,748 in 2019). If you continue to use this site we will assume that you are happy with it. From Chrysler, he moved on to Packard, but the imminent failure of the once-prestigious car maker lead him to accept a job offer at G. M. , where he made his fortune. At a time when business executives were typically conservative, low-key individuals in three-piece suits, DeLorean wore long . He has not shared about Hes parents name. He was forced to sell his 434-acre (176ha) estate in Bedminster in 2000. The manufacturing plant to build the new car was built in Dunmurry, Northern Ireland, with substantial financial incentives from the Northern Ireland Development Agency of around 100 million. Country: United States of America. As one of the richest celebrities in the world, people are always wondering how much money John DeLorean has or makes. By DeLorean's orders, dozens of extra inspectors were assigned to the Vega assembly line and the first two thousand cars were road tested. 's girlfriend? For everyone else . At Lawrence, he excelled in the study of industrial engineering and was elected to the schools honor society. Mon 21 Mar 2005 08.18 EST. He also faced additional headwind from a looming recession. His company collapsed in 1983, a year after he was arrested in Los Angeles and accused of conspiring to sell $24 million of cocaine. Recent Posts. Birthplace: Detroit, Mich . He's best known for designing the DeLorean DMC-12 sports car which was featured in the film "Back to the Future". Net Worth: $5 Million. Eventually, he was moved to head the troubled Chevrolet Div. With his large number of social media fans, he often posts many personal photos and videos to interact with his huge fan base on social media platforms. ? He returned to Detroit to find his mother and siblings in economic difficulty. 21 john delorean son net worth; 1 John delorean net worth - Meg Messina Photography. John Zachary DeLorean Net Worth & Basic source of earning was being a successful Romanian engineer and executive in the U.S. automobile industry. On September 21, 1985, DeLorean was indicted on charges he defrauded investors and committed tax evasion by diverting millions of dollars raised for the company to himself. John DeLorean was an American engineer, inventor, and executive in the U.S. automobile industry, widely known for his work at General Motors and as founder of the DeLorean Motor Company. In 1999, DeLorean declared personal bankruptcy after fighting some 40 legal cases following the collapse of DeLorean Motor Company. A two-seat sports car prototype was shown in the mid-1970s called the DeLorean Safety Vehicle (DSV), with its bodyshell designed by Italdesign's Giorgetto Giugiaro. During his tenure with Chevrolet he had oversight with the Chevrolet Vega subcompact where he assigned quality control inspectors until the Lordstown, OH assembly plant was taken over by GM (c. October 1971) where Chevrolet no longer operated the facility - GM corporate brass ended up cutting spending costs, laying off close to 1000 workers which resulted in the Vega tarnishing GM's reputation (from corrosion issues, reliability of the aluminum cylinder bores (which were unsleeved and consuming motor oil), overheating, and production speed (the Vega production increased when the work schedule has 73.5 automobiles produced within an hour where the United Auto Workers allegedly stated that workers sabotaged the cars on the assembly line including a March 1972 strike). John Zachary DeLorean (January 6, 1925 - March 19, 2005) was an American engineer and executive in the U.S. automobile industry, most notably with General Motors, and founder of the DeLorean Motor Company.He was best known for developing the Pontiac GTO muscle car, the Pontiac Firebird . Net Worth in 2021. That was the last straw for the entrepreneur. Despite his status, he was a media favorite because of his easygoing and informal lifestyle. Contains net worth and salary: John DeLorean never recovered professional from the failure of achievements... Financial troubles when he or she is actively pursuing romantic relationships with different people, John 's., How Rich is John Legend occasionally worked as a slightly bigger Chevrolet in economic.! His recollections for Wright, who was born on February 19, 2002 Encyclopedia of American Lives ( as. # 759e49 ; } Table of Contents form his own company, the name John DeLorean has been died Mar! 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