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Top related persons:
Diane Hendricks - 2 Hendricks - 2 Ken Hendricks - 2 Forbes - 2 Ken - 1 Roofers - 1 Erik Prince - 1 — - 1
Top related locs:
Beloit Wis Osseo , Wisconsin Beloit , Wisconsin
Top related orgs:
Forbes - 2 ABC Supply - 2 Beloit Savings Bank - 1 Blackwater - 1 Beloit College - 1 Supply - 1

Search resuls for: "ABC Supply"


3 mentions found


☆ America's richest self-made woman went from $900,000 in debt to billionaire—without a college degree
  + stars: | 2024-06-01 | by ( Megan Sauer | ) www.cnbc.com   time to read: +1 min
This week, Hendricks topped Forbes' recent American's Richest Self-Made Women list for the seventh consecutive year. Her estimated $20.9 billion net worth comes largely from her roofing materials company ABC Supply, which she co-founded with her late husband Ken Hendricks in 1982. Roofers often bought directly from individual manufacturers, locking them into an ecosystem and allowing manufacturers to drive up prices. They took out a $900,000 loan from Beloit Savings Bank and pledged everything they owned to launch their company and fill that gap, Hendricks said. "We felt like we [roofers] weren't being treated with respect," said Hendricks.
Persons: Diane Hendricks, Hendricks, Ken Hendricks, Ken, Forbes, Roofers Organizations: Forbes, ABC Supply, Beloit Savings Bank
☆ America’s richest self-made woman grew up on a dairy farm—now she has a net worth of $20.9 billion
  + stars: | 2024-05-29 | by ( Megan Sauer | ) www.cnbc.com   time to read: +2 min
Today, the 77-year-old has an estimated net worth of $20.9 billion — nearly double her reported net worth from just two years ago — topping Forbes' most recent list of America's Richest Self-Made Women for the seventh year in a row. Her fortune is largely from her roofing supplies ABC Supply. ABC Supply brought in $20.4 billion in revenue last year and has more than 900 branch locations, according to Forbes. After she met and married roof contractor Ken Hendricks in the 1970s, the duo co-founded ABC Supply. The company hit $1 billion in annual sales for the first time in 1998, according to the company's website.
Persons: Diane Hendricks, Erik Prince, Hendricks, Forbes, —, I'd, Ken Hendricks Organizations: Blackwater, Beloit College, Forbes, Supply, ABC Supply Locations: Beloit, Wis, Osseo , Wisconsin, Beloit , Wisconsin
☆ America's richest self-made woman grew up on a dairy farm—now she has a net worth of $11.6 billion
  + stars: | 2022-06-28 | by ( Megan Sauer | ) www.cnbc.com   time to read: +4 min
Diane Hendricks didn't grow up on the inheritance of celebrities or political leaders. Last week, Hendricks – who has a net worth of $11.6 billion – topped Forbes' list of America's Richest Self-Made Women for the fifth year in a row. Her fortune is largely dependent on ABC Supply, a construction materials company she built with her late husband in 1982. Together, the duo combined talents and co-founded ABC Supply in Beloit, Wisconsin. The company now has more than 840 locations, according to its website, and is the country's 23rd-largest private company, according to Forbes.
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