Diane Hendricks

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Diane Hendricks
Born Diane Marie Smith
1947
Wisconsin, United States
Residence Afton, Wisconsin, United States
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 M. Hendricks (1947-) is an American businesswoman, film producer, and philanthropist from Wisconsin.[2] She is the widow of businessman Ken Hendricks.[2][1]

Early life

Hendricks was born and raised in Wisconsin,[1] the daughter of dairy farmers. She graduated from Osseo-Fairchild High School in 1965, and was already divorced from her first husband when she met Ken Hendricks ten years later.[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] [6] [7]

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][8]

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][9][10][11][12]

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.[13] In 2015, she gave $5 million to a PAC associated with presidential candidate Scott Walker, but has had $4 million refunded.[14]

Personal life

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

See also

References

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  6. Ten Questions For Diane Hendricks, Forbes, 11.04.10
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External links