Diane Hendricks Net Worth: Diane Hendricks did not grow up with the money or fame of a famous person or a politician. She spent her childhood instead on a dairy farm in Wisconsin, where she learned a strong work ethic that helped her build a business empire.
Hendricks, who has a net worth of $11.6 billion, was named the richest self-made woman in America by Forbes for the fifth year in a row. Most of her money comes from ABC Supply, a business for building materials that she and her late husband started in 1982.
She is in charge of the company right now. Along with this, Nick Swisher’s Net Worth is also the most googled topic nowadays.
Early Life And The ABCs
Diane Smith, who later became Diane Hendricks, was born in Wisconsin in 1947 on a dairy farm. She went to Osseo-Fairchild High School when she was a teen and graduated in 1965.
In 1975, Hendricks sold homes that were made to order. Soon after, she got married and went into business with roofer Ken Hendricks. In 1982, she and Ken Hendricks started the roofing supply company ABC Supply together.
From a single store in Beloit, Wisconsin, the company grew to more than 700 stores across the United States and made more than $11 billion in sales.
ABC Supply sells windows, gutters, and siding for both commercial and residential buildings, in addition to roofing materials. In 2010, when it bought Bradco Supply, the company made its largest purchase to date.
The richest self-made woman in the US is Diane Hendricks, the cofounder of roofing company, ABC Supply. Her net worth is over $12 billion. pic.twitter.com/IKRoBS72xb
— Pointless Facts (@FuquaFacts) June 14, 2022
Hendricks Holding
Diane and Ken Hendricks started the holding company Hendricks Holding in the same year that they started ABC Supply. The company owns businesses in many different fields, such as transportation, insurance, real estate, restaurants, and logistics.
American Aluminum Extrusion Company, American Westbrook Insurance Services, Federal Health Sign Company, GEM Pharmaceuticals, Humane Manufacturing, Rivers Edge Foundry, and Universal Recycling Technologies are some of the companies it owns.
Film Producing
Hendricks has helped make a few movies as a producer. In 2008, she worked as a producer on “The Stoning of Soraya M.,” a movie in Persian with Shohreh Aghdashloo and Jim Caviezel. The film won the Director’s Choice Award at the Toronto International Film Festival, where it was shown for the first time.
In 2008, Hendricks also worked as a producer on “An American Carol,” a satirical comedy by David Zucker that pokes fun at American liberalism. The movie did very badly at the box office.
Philanthropy
On the charity side of things, Hendricks is a co-chair of Rock County 5.0, which is a five-year plan to help Rock County, Wisconsin, with its economic development plan. She has also served on the boards of many charitable organizations, such as Beloit Memorial Hospital, Forward Janesville, the Beloit Foundation, and the Stateline Boys & Girls Club.
Hendricks, on the other hand, gives a lot of money to WisconsinEye, which is a non-profit cable network that shows the coverage of the Wisconsin Legislature, committee meetings, and a variety of other civic programs and events. Besides this, Are you interested to read about Bob Uecker’s Net Worth?
Political Donations
Hendricks has made a name for himself over the years as a big donor to Republican politicians and conservative causes. She gave $500,000 to Wisconsin Governor Scott Walker’s campaign in 2012 so that he wouldn’t be removed from office.
She was his biggest donor that year. Two years later, Hendricks gave $1 million to the Freedom Partners Action Fund, a Republican Super PAC set up by the Koch brothers. In 2015 and 2016, she kept giving millions to the fund.
Hendricks gave more than $5 million to the Republican super PAC Reform America Fund before the 2016 presidential election. She also helped Donald Trump with his campaign by giving him economic advice.
Hendricks has also given money to former EPA head Scott Pruitt and to Marjorie Taylor Greene, a Georgia representative, and far-right conspiracy theorist.
Personal Life
Hendricks has seven children with her second husband, Ken. Their names are Kendra, Kathy, Kim, Kevin, Kara, Konya, and Brent. Ken died in December 2007 when he fell through a subfloor in his home, which was still being built. Diane Hendricks lives in the Wisconsin town of Afton.
Like many other billionaires, Hendricks has gotten into a lot of trouble for not paying taxes. From 2010 to 2014, in four of the five years, she paid no state income tax. While this was going on, an investigation of her 8,500-square-foot house found that it had been wrongly rated as a much smaller 1,663-square-foot ranch.
Hendricks then wouldn’t let a tax collector into her home. She eventually gave the assessor information about her house, which raised its value from less than $500,000 to more than $1 million.
What Is Diane Hendricks’ Net Worth?
American businesswoman Diane Hendricks has a net worth of $12 billion. Diane Hendricks owns two businesses in Beloit, Wisconsin. She and her late husband, Ken, started both Hendricks Holding and ABC Supply. ABC is the largest company in the United States that sells roofs, siding, and windows.
She is also the co-chair of the Rock County 5.0 economic development project and has served on the boards of a number of charitable groups. Hendricks also gives a lot of money to Republican politicians. Diane is the second-richest person in Wisconsin and the richest self-made woman in the United States.
She is also the richest woman in Wisconsin. Diane is on the boards of several foundations, including the Beloit Foundation and the Hendricks Family Foundation, which she and her late husband started to manage their charitable work. Apart from this, Have you heard about Stipe Miocic’s Net Worth?
Conclusion
Diane Hendricks, an American entrepreneur, is worth a reported $12 billion. Diane Hendricks is a businesswoman in Beloit, Wisconsin, where she operates two establishments.
Hendricks Holding and ABC Supply were both founded by her and her late husband, Ken. When it comes to selling roofing, siding, and windows in the United States, ABC is by far the most dominant player.
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