Robert Holding’s profile picture

Robert Holding

Robert Holding’s profile picture
Net worth 2018: $3.2 Billion
Industry: Energy
Country: United States
BirthDay: 29 November 1926
Died On: 19/04/2013
Children: 3
Education: Bachelor of Arts / Science, University of Utah
BIOGRAPHY

Robert Holding was bornon 29 November 1926 in United States. One of America's most successful entrepreneurs, Wyoming billionaire Robert Earl Holding, died on April 13 at age 86, apparently from age and complications related to a 2002 stroke. The son of mormons who lost everything in the 1929 Crash, Holding grew up very poor. He served in the Army Air Corps and later attended the University of Utah. After a time as a civil engineer for the Bureau of Reclamation, he moved his family to southwest Wyoming in 1952 to manage money losing motel-gas station in isolated Little America, Wyo. He eventually bought out the other owners and started adding pumps. He later borrowed to buy the Mobil refinery in Casper Wyoming in 1968, and went on to purchase Sinclair Oil in 1976. A year later he bought Sun Valley ski resort in Idaho, paying $12 million. At the time of his death, he was considered to be among the largest landowners in America with some 400,000 acres across the west. He owned the Grand America hotel in Salt Lake City, and the ski resorts Snowbasin, Utah and Sun Valley. Holding most recently ranked 139 among America's richest, with a net worth of $3.2 billion. He is survived by his wife of 64 years, Carol, and his three children including son Stephen who is considered to be his father's heir apparent.

NET WORTH STATISTIC
2010

$3.1 Billion

2011

$2.6 Billion

2012

$2.6 Billion

2013

$3.2 Billion

2018

$3.2 Billion

TIMELINE
2008

In 2008, the Holdings added a large convention and conference center at Little America

2002

After suffering a severe stroke in 2002, Holding was partially paralyzed, but made sufficient recovery and to continue the management of his organization until his death in the spring of 2013

1965

In 1965, Holding and his wife, the former Carol Orme, started the Little America in Cheyenne, Wyoming, and completed construction a year later

1952

In 1952, Holding began work on the first Little America west of Rock Springs, Wyoming

1940

6 billion at the time of his death, he was ranked on Forbes's Forbes 400 list as the 155th-richest person in America

1926

Three children, including:Robert Earl Holding (November 29, 1926 – April 19, 2013) was an American businessman who owned Sinclair Oil Corporation, the Little America Hotels, the Grand America Hotel, the Westgate Hotel in San Diego, California (directed by Georg Hochfilzer), and two ski resorts, Sun Valley in central Idaho since 1977, and Snowbasin near Ogden, Utah, since 1984

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