Kevin Plank’s profile picture

Kevin Plank

Chairman and CEO, Under Armour
Kevin Plank’s profile picture
Net worth 2018: $1.72 Billion
Residence: Lutherville-Timonium, Maryland
Country: United States
BirthDay: 13 August 1972
Sigh: Virgo
Education: Bachelor of Arts / Science, University of Maryland; Master of Business Administration, Robert H. Smith School of Business
BIOGRAPHY

Kevin Plank was bornon 13 August 1972 in Lutherville-Timonium, Maryland, United States, is Chairman and CEO, Under Armour. Kevin Plank is #1537 in List Billionaires People In The World. Under Armour founder Kevin Plank built a popular sportswear brand as the underdog competitor to Nike. Noticing his football teammates' sweat-soaked shirts, Plank came up with a lightweight, sweat-wicking shirt using fabrics from women's undergarments. In the mid 1990s he sold his first shirts from his grandmother's basement, exaggerating to early customers to make the company sound bigger. Plank, who is Under Armour's CEO, took the company public 2005; he owns a nearly 16% stake. He is building a 4 million-square-foot headquarters for Under Armour in Baltimore as part of a larger development called Port Covington.

NET WORTH STATISTIC
2012

$1.35 Billion

2013

$1.7 Billion

2014

$3 Billion

2015

$3.9 Billion

2016

$3 Billion

2017

$2 Billion

2018

$1.72 Billion

We were always smart enough to be naive enough to not know what we could accomplish.

Kevin Plank
TIMELINE
2017

On August 14, 2017, Plank announced that he was stepping down as a member of Trump's American Manufacturing Council stating that his sportswear company "engages in innovation and sports, not politics", also hinting disappointment that Donald Trump did not condemn the white supremacists during the 2017 Unite the Right rally

2016

In 2016, he donated $1 million through The Cupid Foundation to the Baltimore based nonprofit, CollegeBound

2014

In November 2014, Plank made a pledge of $25 million to the University of Maryland to be used for the proposed athletics and academic complex

2013

In 2013, Plank purchased a mansion in the Georgetown section of Washington D

2012

In 2012, Plank was named #3 on Forbes' annual 40 Under 40 list, and #3 on Forbes' list of America's 20 Most Powerful CEOs 40 and Under

2011

In December 2011, his net worth was estimated by Forbes at $1

2008

Plank has made donations to numerous Republican candidates, including $2,000 to Rudy Giuliani's presidential campaign in 2008

2007

He has received tax credits for the 426-acre farm since 2007, resulting in a tax bill of no more than $20,000 annually

2003

In 2003, Under Armour's first television advertisement showed a football squad huddled around Plank's former University of Maryland teammate Eric Ogbogu, shouting “we must protect this house”

1999

A turning point for him and his start-up, Under Armour, which was based out of a Georgetown row house owned by his grandmother, came late in 1999

1996

Plank, upon graduating from Maryland in 1996 with a bachelor's degree in business administration, searched for synthetic materials to test his hypothesis

1972

Plank (born August 13, 1972) is an American entrepreneur and businessman

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