Net worth 3.4 billion USD (2015) Nationality American | Name Diane Hendricks Children Kara Stecker Role Businesswoman Grandchildren Skylar Stecker | |
Born 1947 Wisconsin, US Similar People Ken Hendricks, Elizabeth Holmes, John Shepherd, Stephen McEveety, Vernon Reid | ||
Diane hendricks headliner award
Diane Marie Hendricks (born 1947) is an American businesswoman and film producer from Wisconsin. She is the widow of businessman Ken Hendricks.
Contents
- Diane hendricks headliner award
- SecretsSelfmadeBillionaires 0039 Diane Hendricks 12 Lessons Richest US Woman Billionaires
- Early life
- Career
- Philanthropy
- Hollywood producer
- Political donations
- Tax Controversies
- Personal life
- References
#SecretsSelfmadeBillionaires 0039 Diane Hendricks 12 Lessons Richest US Woman Billionaires
Early life
Hendricks was born and raised in Wisconsin, the daughter of dairy farmers. She graduated from Osseo-Fairchild High School in 1965, and had been divorced from her first husband for ten years when she met Ken Hendricks.
Career
In 1975, she was selling custom-built homes and Ken was a roofing contractor. They married and became business partners. In 1982, they used their lines of credit to secure a loan that enabled them to establish ABC Supply. ABC Supply is privately held, and sells roofing, windows, gutters, and siding for residential and commercial buildings.
Diane Hendricks owns the Hendricks Holding Company, and is the owner and chairperson of ABC Supply. In March 2012, Forbes estimated her net worth at US$2.8 billion; Forbes estimated it at $4.3 billion as of January 2017.
Philanthropy
She is a donor to WisconsinEye, and co-chair of Rock County 5.0, a five-year public/private initiative to advance Rock County’s economic development vision. She has served on the boards of the Stateline Boys & Girls Club, Beloit Memorial Hospital, the Beloit Foundation, Forward Janesville, Kandu Industries, Blackhawk Bank, and the Hendricks Family Foundation. Hendricks serves on the Board of Trustees of Beloit College.
Hollywood producer
She has produced movies, including The Stoning of Soraya M. (2008), about an execution in an Iranian village, An American Carol, (2008), and Snowmen, (2010).
Political donations
She donated $500,000 to Governor Scott Walker's 2012 campaign to avoid recall, and was his biggest donor that year. She also supports Paul Ryan. In 2014, she donated $1 million to the Freedom Partners Action Fund, a pro-Republican Super PAC created by the Koch Brothers. In both 2015 and 2016, she donated $2 million to Freedom Partners Action Fund. In 2015, she gave $5 million to a PAC associated with presidential candidate Scott Walker, but has had $4 million refunded.
In the 2016 U.S. presidential election, she gave over $5 million to the Reform America Fund, a super PAC which has opposed Hillary Clinton and supported Republican U.S. Senator from Wisconsin Ron Johnson. Hendricks served as an economic advisor to Donald Trump's presidential campaign.
Tax Controversies
A recent investigation by UrbanMilwaukee.com noted that while a Forbes article in 2010 stated she had a luxurious 10,000 SF mansion in the Town of Rock as well as being verified via a google maps search. The property tax listing has it has a 1663 SF frame residence. It was discovered that access to the property was denied to the appraiser. The standard response, when unable to view a home, especially one on such a large lot of land would be to automatically increase the value. But the increase in value assumes only small improvements to a 1663 SF home, and not an all new construction of a 10,000 SF mansion.
Personal life
She has seven children and 17 grandchildren, and lives in Afton, Wisconsin.