Herbert Kohler, Jr.’s profile picture

Herbert Kohler, Jr.

Chairman and CEO, Kohler Co.
Herbert Kohler, Jr.’s profile picture
Net worth 2018: $9.3 Billion
Industry: Manufacturing
Residence: Kohler, Wisconsin
Country: United States
BirthDay: 20 February 1939
Sigh: Pisces
Children: 3
Education: Bachelor of Arts / Science, Yale University
BIOGRAPHY

Herbert Kohler, Jr. was bornon 20 February 1939 in Kohler, Wisconsin, United States, is Chairman and CEO, Kohler Co.. Herbert Kohler, Jr. is #173 in List Billionaires People In The World. Herbert Kohler Jr. is the executive chairman of Kohler, the Wisconsin-based plumbing fixture manufacturer that bears his family's name. He stepped down as CEO in 2015 after running the company for 43 years but remains chairman. His son David is the CEO. Herb Kohler's grandfather founded the company in 1873 to manufacture hitching posts and farm tools. The company pulls in $6 billion in revenues from selling furniture, tile, engines and generators and the toilets and faucets that it's best known for. The Kohler company owns two golf resorts in Kohler, Wisc., plus the Old Course Hotel in St. Andrews, Scotland.

NET WORTH STATISTIC
2009

$3 Billion

2010

$2 Billion

2011

$1.8 Billion

2012

$2.6 Billion

2013

$6.4 Billion

2014

$5.6 Billion

2015

$7.4 Billion

2016

$8.6 Billion

2017

$8 Billion

2018

$9.3 Billion

TIMELINE
2016

3 billion and as of June 2016, Forbes has estimated Kohler's net worth at $9

2015

In April 2015, the company announced Kohler was stepping down as CEO and relinquishing the title to his son, David Kohler

2009

In 2009, Kohler purchased "one of the sport's most famous buildings", Hamilton Hall, now the Hamilton Grand, a collection of 26 luxury apartments

2005

He was educated at The Choate School (now Choate Rosemary Hall, Wallingford, Connecticut), of which he was Chairman of the Board of Trustees from 2005-10

2004

Whistling Straits hosted the PGA Championship in 2004, 2010 and 2015 and the U

2003

Kohler appeared in the film Open Range (2003), which starred Kevin Costner, and received the role because he was a friend of Costner

1989

The National Kitchen and Bath Hall of Fame inducted Kohler in its founding year of 1989, followed by the National Housing Hall of Fame in 1993

1985

He was the owner of the Morgan horse Noble Flaire from 1985 until its death in 2006

1972

In June 1972, he was elected chairman of the board and chief executive officer at the age of 33

1965

After graduating in 1965 from Yale University, Kohler went to work for the Kohler Company which long has been a manufacturer of bathtubs, toilets and other plumbing fixtures

1961

In 1961, Kohler married Linda Karger, but the couple divorced in the early 1980s

1939

Kohler was born February 20, 1939 to Ruth Miriam DeYoung Kohler (1906–1953) and Herbert Vollrath Kohler Sr

1891

(1891–1968), who ran the Kohler Company from 1937 until his death

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