Diane Hendricks Biography
Diane Hendricks is a prominent businesswoman, philanthropist, and entrepreneur. She is the co-founder of ABC Supply Co., one of the largest roofing and siding distributors in the country. As one of America’s wealthiest self-made women, Diane has made her mark on the business world through her tireless dedication and entrepreneurial spirit. She has also made a name for herself as an active philanthropist, supporting numerous charitable organizations across the nation.
Also, Hendricks is a film producer and billionaire businesswoman from Wisconsin in the United States. She is the businessman Ken Hendricks’s widow.
Diane Hendricks is an inspirational story of success that can serve as a blueprint for anyone wanting to achieve their entrepreneurial dreams. Her dedication and work ethic have resulted in her rise to the top of the business world and her eventual induction into the Forbes 400 list, cementing her place as one of America’s most successful leaders. Despite a humble beginning, she has been able to use her tenacity and drive to become a self-made billionaire, something many thought would be impossible.
READ: Deborah Berke: Reinventing Architecture
Diane Hendricks Age
She is 76 years old as of 2023. She was born Diane Marie Hendricks in 1947 in Wisconsin, United States.
Diane Hendricks Family
Hendricks was born to dairy farmers’ daughters. When she was seventeen, she had her first child and worked as a Playboy Bunny to pay her bills.
Diane Hendricks Husband
Hendricks was married to businessman Ken Hendricks. She lives in Afton, Wisconsin, with seven children, includingKara Stecker, Brent Fox, and Konya Schuh. When she met Ken Hendricks, she had been divorced from her first husband for ten years and had graduated from Osseo-Fairchild High School in 1965.
Diane Hendricks Net Worth
She has an estimated net worth of 12.8 billion USD. Forbes estimated her net worth at US$2.8 billion in March 2012, rising to $11.1 billion in August 2021. Hendricks was named the US’s richest self-made woman by Forbes in 2018.
Diane Hendricks House
The enormous mansion that Hendricks owned was undervalued as a 1,663-square-foot residence, and the assessor was not permitted to visit the property. But the Journal Sentinel was able to get Accurate Appraisal, a private company that does assessments for the town but didn’t respond to Urban Milwaukee’s questions, to say that they didn’t know Hendricks had built a newer, 8,500-square-foot house and hadn’t seen the building permits taken out when the house was built. The home’s assessment nearly tripled this year, from $445,700 last year to $1,205,500 this year, according to the newspaper.
The reassessment, according to Reporter Michael, will result in a $12,204 increase in Hendricks’ annual property tax bill. She may have underpaid by as much as $55,000 or more when the new home was finished in 2011 or 2012.
Diane Hendricks ABC
She sold custom-built homes in 1975, and Ken was a roofing contractor. They got married and started a business together. They secured a loan in 1982 using their credit lines to establish ABC Supply, the largest wholesale distributor of roofing, windows, gutters, and siding for residential and commercial buildings in the nation. Hendricks owns the Hendricks Holding Company as well as ABC Supply, where he also serves as chairperson.
Diane Hendricks Donations
She was Wisconsin Governor Scott Walker’s biggest donor in 2012, contributing $500,000 to his campaign to avoid recall. Additionally, she backed Paul Ryan. She gave $1 million to the Freedom Partners Action Fund, a Koch Brothers-founded pro-Republican Super PAC, in 2014. She gave Freedom Partners Action Fund $2 million in both 2015 and 2016. She gave a political action committee (PAC) associated with Scott Walker $5 million in 2015, of which $4 million was later refunded.
She donated more than $5 million to the Reform America Fund, a super PAC that supported Republican U.S. Senator from Wisconsin Ron Johnson while opposing Democratic candidate Hillary Clinton in the 2016 election. Hendricks advised Donald Trump’s presidential campaign on economic issues. She gave $50,000 to the Scott Pruitt Legal Expenses Trust prior to the resignation of Scott Pruitt in July 2018. Hendricks supported the Georgia representative Marjorie Taylor Greene’s campaign.
Diane Hendricks Tax
From 2010 to 2014, in four of the five years, Hendricks did not pay any state income tax. Hendricks’ multi-story 8,500-square-foot home in Rock County, Wisconsin, had been assessed as a 1,663-square-foot ranch, according to Urban Milwaukee’s investigation. Hendricks denied the tax assessor access to the property, citing “security reasons,” following the Urban Milwaukee investigation. The property’s value was reduced from $445,700 to $1,205,500 after she agreed to provide the assessor with information about the property.