Diane Hendricks Net WorthReal Name: Diane Hendricks
Date of Birth: 1947
Place of Birth: Wisconsin
2017 Net Worth: $3.5 Billion
Profession: Co-founder and chairman of ABC Supply
Diane Hendricks Biography
Diane Hendricks was born in 1947 in Wisconsin and grew up on a dairy farm. Hendricks was selling custom-built homes and already divorced from her first husband when she met roofing contractor Kenneth Hendricks. On their first date, Ken asked another diner in a restaurant if he could finish eating his sandwich, rather than watch the man throw it away. Hendricks, being a very frugal person, was charmed by this request. The pair married and became business partners. They took out a loan to establish ABC Supply in 1982.
ABC supply is a wholesale distributor of roofing, window, and siding materials. It is based in Beloit, Wisconsin. Kenneth passed away after falling off a roof in 2007 but this did not stop Hendricks from continuing with the business. In 2010, Hendricks purchased her largest competitor, Bradco Supply, the largest acquisition in the company’s history. ABC Supply had estimated sales of almost $5 billion in 2014 and more than 400 locations around the country. She has 7 children, most of whom work for ABC Supply. Hendricks also presides over Hendricks Holding Company, which owns various businesses including commercial real estate, a recycling business, insurance and manufacturing plants.
Hendricks has become interested in making feature films as well. She has produced “The Stoning of Soraya M,” about an execution in a small village in Iran, as well as An American Carol, among others. Hendricks recently donated $510,000 to Governor Scott Walker’s reelection campaign in Wisconsin. This is the largest donation ever given to a gubernatorial candidate. She also has funded the Beloit International Film Festival.
Hendricks also serves on the boards of the Stateline Boys and Girls Club, the Beloit Hospital, the Beloit Foundation, WisconsinEye, Blackhawk Bank, Beloit College and Kandu Industries. This self-made lady has a current net worth of $3.5 billion and lives in Afton, Wisconsin.