Diane Hendricks

Diane Hendricks
Born 1947
Wisconsin, US
Residence Afton, Wisconsin, US
Nationality American
Occupation Co-founder and chairperson, ABC Supply
Net worth $5.3 billion (February 2016)[1]
Spouse(s) Ken Hendricks (deceased)
Children 7

Diane Hendricks is an American businesswoman, film producer, and philanthropist from Wisconsin.[2] She is the widow of businessman Ken Hendricks.[2][1]

Early life

She was born in 1947,[1] the daughter of Wisconsin dairy farmers, and was already divorced from her first husband when she met Ken Hendricks in 1975.[3]

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.[3]

Diane Hendricks owns the Hendricks Holding Company, and owns—and serves as chairperson of—ABC Supply Co., Inc.[2][4][5] In March 2012, Forbes estimated her net worth at US$2.8 billion;[4] Bloomberg estimated it at $5.3 billion as of February 2016.[1]


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 through a single voice."[2][5][6]

She has served on the boards of the Stateline Boys & Girls Club and Beloit Memorial Hospital, and is currently serving on the boards of the Beloit Foundation, Forward Janesville, Kandu Industries, Blackhawk Bank, and the Hendricks Family Foundation. In addition, Diane was recently appointed to the Board of Trustees of Beloit College."[2]

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).[5][7][8][9][10]

Political donations

She donated $500,000 to Governor Scott Walker's recall campaign, and was his biggest donor in 2012.[4] She also supports Paul Ryan.[5] In 2014, she donated $1 million to the Freedom Partners Action Fund, a pro-Republican Super PAC created by the Koch Brothers.[11] In 2015, she gave $5 million to a PAC associated with presidential candidate Scott Walker, but has had $4 million refunded.[12]

Personal life

She has seven children and 17 grandchildren, and lives in Afton, Wisconsin.[2][1]

See also

References

  1. 1 2 3 4 5 "Diane Hendricks Net Worth". The Richest. Retrieved April 1, 2016.
  2. 1 2 3 4 5 6 "Our Team: Diane Hendricks". Hendricks Holding Co., Inc. Retrieved April 1, 2016.
  3. 1 2 Zipkin (as told to), Amy (November 21, 2009). "The Business Must Go On". The New York Times. Retrieved April 1, 2016.
  4. 1 2 3 Spivak, Cary (May 30, 2012). "Beloit billionaire pays zero in 2010 state income tax bill". Milwaukee-Wisconsin Journal Sentinel. Retrieved April 1, 2016.
  5. 1 2 3 4 Romell, Rick (December 25, 2010). "Widow a power in Beloit, beyond". Milwaukee-Wisconsin Journal Sentinel. Retrieved April 1, 2016.
  6. ↑ "Rock County 5.0 on Facebook". Facebook. Retrieved April 1, 2016.
  7. ↑ "Diane Hendricks Producer". Internet Movie Database. Retrieved April 1, 2016.
  8. ↑ Dickinson, Hilary (May 24, 2010). "Hollywood comes to Beloit". Beloit Daily News. Retrieved April 1, 2016.
  9. ↑ Holden, Stephen (June 25, 2009). "An Iranian Village Mob and a Wife’s Execution". The New York Times. Retrieved April 1, 2016.
  10. ↑ McCarthy, Todd (October 4, 2008). "An Iranian Village Mob and a Wife’s Execution". Variety. Retrieved April 1, 2016.
  11. ↑ Vogel, Kenneth; Allen, Mike (October 14, 2014). "Koch donors uncloaked". Politico. Retrieved April 1, 2016.
  12. ↑ "Million-Dollar Donors in the 2016 Presidential Race". The New York Times. February 9, 2016. Retrieved April 1, 2016.

External links

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