John Menard, Jr.’s profile picture

John Menard, Jr.

president and CEO, Menards
John Menard, Jr.’s profile picture
Net worth 2018: $11.04 Billion
Residence: Eau Claire, Wisconsin
Country: United States
BirthDay: 22 January 1940
Sigh: Aquarius
Children: 6
Education: Bachelor of Arts / Science, University of Wisconsin, Eau Claire
BIOGRAPHY

John Menard, Jr. was bornon 22 January 1940 in Eau Claire, Wisconsin, United States, is president and CEO, Menards. John Menard, Jr. is #139 in List Billionaires People In The World. John Menard's home improvement store chain has 306 stores and an estimated $9.5 billion in sales. It competes with Home Depot and Lowe's. His stores are concentrated in the middle of the U.S., spanning from Wyoming to Ohio in the northern half of the country. Menard turned down a job at IBM when he graduated college in 1963 -- he was already earning enough in his own business making agricultural buildings. In 1964, Menard opened his first store in Eau Claire, 14 years before Home Depot was founded.

NET WORTH STATISTIC
2009

$5 Billion

2010

$5.2 Billion

2011

$4.5 Billion

2012

$6 Billion

2013

$7.5 Billion

2014

$7.9 Billion

2015

$9.2 Billion

2016

$9.4 Billion

2017

$10.2 Billion

2018

$11.04 Billion

TIMELINE
2013

In 2013, Menard ousted a former investment partner, Stephen Hilbert, a 20% shareholder in MH Equity, for mismanaging assets and resources

2008

In January 2008, Menard gave $15 million to support Eau Claire's Luther Midelfort Hospital

1997

In 1997, Menard was caught using his own pickup truck to haul plastic bags filled with chromium and arsenic-laden wood ash to his home for disposal with his household trash

1940

(born January 22, 1940) is an American entrepreneur and billionaire who is the founder and owner of Menards, a Midwestern chain of home improvement stores

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