Entrepreneurs
Diane Hendricks Net Worth

Net Worth: | $19.3 Billion |
---|---|
Age: | 78 |
Born: | 1947 |
Gender: | Female |
Height: | Unknown |
Country of Origin: | United States of America |
Source of Wealth: | Entrepreneur |
Last Updated: | Jul 11, 2025 |
Introduction
Diane Hendricks is an American heiress and co-founder of ABC Supply with an estimated net worth of $19.3 Billion.
Hendricks is the richest self-made woman in the United States. She took over the business following her late husband’s death and, thanks to her exceptional entrepreneurship, ranks as one of the world’s wealthiest women.
Hendricks’ astute leadership and strategic vision have ensured that the company continues to prosper, securing her vast wealth and legacy.
Quick Facts
- Hendricks and her late husband, Ken, co-founded their business in Beloit, Wisconsin, in 1982
- Following his death in 2007, Diane chaired the company
- The company has over 900 branch locations and had $18.5 billion in 2022 revenues
- She led ABC’s acquisition of rival Bradco, in 2010
- In 2016, Hendricks bought the building materials’ distributor, L&W Supply
Early Life
Diane Hendricks was born on 30 November, 1946 in Mondovi, Wisconsin in the United States of America.
She grew up in Osseo, Wisconsin, a small town of 1500 people that is known for its rolling farmlands and world-famous pies.
Her parents were dairy farmers and despite a strict upbringing, she had her first child when she was only 17 years old.
She graduated from Osseo-Fairchild High School in 1965 and then struggled to find work to support herself and her young family.
Times were tough for her and like Pamela Anderson and Jenna Jameson, she worked for Hugh Hefner’s Playboy empire, to pay her bills.
She divorced her first husband, and it was ten years before she met and fell in love with Ken Hendricks, who changed her life.
Career
After her stint at Playboy, Diane took a job selling custom-built homes, and in 1975, she was to meet the man who changed her life.
Her future husband, Ken Hendricks, was a roofer’s son who dropped out of school to start his own business in the building industry.
It wasn’t long before Diane and Ken Hendricks married, and the couple decided that it was best to become business partners as well.
In 1982, they used lines of credit to establish ABC Supply, the nation’s largest wholesale distributor of roofing, windows, gutters, and siding.
Ken died unexpectedly in 2007, and Diane inherited his share of Hendricks Holding Company, becoming the sole owner and chairperson of ABC Supply.
Career Earnings
Here’s an estimated overview of Diane Hendricks’ career earnings:
- 2014 – $4.6 Billion
- 2015 – $4.6 Billion
- 2016 – $4.6 Billion
- 2017 – $4.6 Billion
- 2018 – $4.6 Billion
- 2019 – $4.6 Billion
- 2020 – $4.6 Billion
- 2021 – $4.6 Billion
- 2022 – $4.6 Billion
- 2023 – $4.6 Billion
Net Worth Annually
The 2008 financial crisis provided Diane with an opportunity to acquire Bradco, helping to make her the US’s richest self-made woman in 2018.
Here’s a breakdown of Diane Hendricks’ annual net worth:
- 2014 – $4.6 Billion
- 2015 – $3.6 Billion
- 2016 – $5.1 Billion
- 2017 – $3.9 Billion
- 2018 – $5.5 Billion
- 2019 – $6.3 Billion
- 2020 – $6.9 Billion
- 2021 – $8 Billion
- 2022 – $10.7 Billion
- 2023 – $19.3 Billion
Diane Hendricks joins Rihanna, Danielle Steel, and Kim Kardashian on the list of the richest self-made women in corporate America.
While many of the richest self-made women on the Forbes list have leveraged the power of the internet, Diane made her money the old-fashioned way.
Personal Life
Diane Hendricks comes from a family of nine siblings and has seven children of her own with seventeen grandchildren.
She resides in Afton, Wisconsin and her focus nowadays is on giving back to her community, especially when it comes to the children of Beloit.
With the business in good shape, Hendricks now spends a lot of time and effort supporting Wisconsin Eye, contributing to public awareness and engagement.
She co-chairs the Rock County 5.0, a five-year initiative to help build and advance economic development and opportunities in Rock County.
Diane had more time to spend on politics and supported Donald Trump in his presidential campaign, countering Hilary Clinton and her campaign in 2016.
Awards & Achievements
Diane Hendricks has been consistently featured on Forbes’ list of the world’s wealthiest people alongside Kylie Jenner and Warren Buffet among others.
Here are some of the most memorable moments from Diane Hendricks’ career:
- Diane was the winner of the Beloit Daily Headline Award, in 2014
- In 1968, she filed for divorce when she was only 20 years old
- The following year she applied for her real estate license in 1969
- While building her real estate business, she waitressed as a Playboy Bunny in 1970
- After 5 years, in 1983, Diane and Ken started doing government contracts for the military
Ken and Diane realized that there was a need for a company that could supply a range of roofing products across the nation.
This realization formed the basis of their next move, which was to form a company, ABC Supply, providing a wholesale option for roofing contractors.
How Does Diane Hendricks Spend Her Money?
Hendricks serves on the Board of Trustees at Beloit College in Wisconsin, making substantial contributions to the college to help young adults get an education.
She also has a substantial art collection and is known for her support of the arts, having some of the most expensive paintings in the world in her collection.
Diane is very active in politics and has made political contributions to various candidates and causes, especially those related to education.
Summary
After building ABC Supply, the largest distributor of roofing and siding materials companies in the United States, Diane has earned her spot at the top.
She’s used her position as the richest self-made woman in the USA to better the lives of many people in her hometown.
Her career trajectory over the years is an incredible achievement leaving her legacy as one of the wealthiest and most powerful women in corporate America.
Diane Hendricks’ net worth is estimated to be $19.3 Billion.
What do you think about Diane Hendricks’ net worth? Leave a comment below.
Entrepreneurs
Patrick Bet-David Net Worth

Net Worth: | $200 Million |
---|---|
Age: | 46 |
Born: | October 18, 1978 |
Gender: | Male |
Height: | 1.70 m (5 ft 7 in) |
Country of Origin: | Iran |
Source of Wealth: | Entrepreneur |
Last Updated: | Jul 11, 2025 |
Introduction
Patrick Bet-David is an Iranian-American entrepreneur with an estimated net worth of $200 Million.
PHP Agency
Bet-David built his financial empire on two main ventures, PHP Agency and Valuetainment. He launched PHP Agency (People Helping People) in 2009 as a life insurance and annuity marketing company. The business employed a controversial multi-level marketing (MLM) structure, where agents earned commissions not only on their sales but also on sales made by people they recruited. The more individuals that each salesperson recruits, the more they earn.
PHP’s MLM model has been criticized for relying too heavily on recruitment, with only a few agents earning significant income. YouTuber Coffeezilla investigated PHP Agency and concluded that many recruits lose money. Despite this, PHP Agency received an A+ rating from the Better Business Bureau and has not faced any industry penalties.
Growth
By 2017, his PHP business had grown to over 5,000 licensed agents and now served 49 states across the US. In the same year, it raised $10 million in private equity to enable its continuing growth. One of the investors was the former boxer-turned-entrepreneur Oscar De la Hoya. He was particularly impressed by the work PHP had done with the Hispanic market. Recognizing that the Hispanic community often faces challenges in accessing insurance, PHP aimed to support this underrepresented group. At its peak in 2024, PHP claimed to have over 45,000 agents, with Bet-David crediting PHP’s rapid expansion to investments in technology and a focus on diverse, often underserved, communities.
Acquisition
In July 2022, PHP Agency was acquired by Integrity Marketing Group, one of the largest distributors of life and health insurance in the United States. As part of the deal, Bet-David became a Managing Partner at Integrity, but there is no official public disclosure of the exact value of Bet-David’s earnings from the sale. He remained actively involved during the sale and reportedly completed his earn-out by 2024.
Valuetainment
On November 9, 2012, Bet-David stepped out into content creation when he launched his YouTube channel Valuetainment. Typically, for Bet-David, the channel’s prime focus was on business strategy and entrepreneurship. It very rapidly grew a loyal following, and by 2024, it had more than 475 million views and over 6.4 million subscribers.
His YouTube channel was so successful that Valuetainment expanded into podcasting, public speaking, live events, online education, and merchandise. Bet-David began to interview high-profile guests, including Kobe Bryant and Mark Cuban. Under the umbrella of the Valutainment brand, Bet-David launched The PBD Podcast, which became one of the top-ranked business podcasts on Spotify, further increasing his reach.
Vault Conference
With the success of PHP, Bet-David had proved that he knew what he was doing in business. To help other entrepreneurs, he launched the Vault Conference in 2020. It has since evolved into an annual high-ticket event featuring keynote speakers, workshops, and networking sessions.
Ticket prices started at $495, reaching $5,000 plus for a VIP experience. Typically, 1,000 to 2,000 people attend the conference, which generates approximately $2 million to $5 million in gross revenue per event. It is a significant source of revenue for Valuetainment and serves as a sales funnel for Bet-David’s coaching programs and products.
Real Estate
In June 2021, Patrick Bet-David paid $20.4 million for a 10,436-square-foot, six-bedroom, 7.5-bathroom home in Fort Lauderdale, Florida. The property was initially listed for $25 million before Bet-David bagged himself a $4.6 million discount. The entrepreneur has provided a personal video tour of the home on his YouTube channel, which you can view below. Recent estimates place the home’s value at approximately $22.4 million, costing Bet-David up to $360,000 per year in property taxes.
Continuing with his investments in Florida, Bet-David made the move into commercial real estate in September 2024. He paid $25 million for an office and hangar complex in a bankruptcy sale. Located near Fort Lauderdale Executive Airport, the complex has 20,150 sq ft of office space, an 18,048 sq ft private aircraft hangar, and a two-bedroom apartment.
Although he hasn’t explicitly stated what the complex will be used for, it is likely to support Valuetainment’s media, logistics, and event production needs as the company continues to grow.
Entrepreneurs
Leonard Lauder Net Worth

Net Worth: | $21 Billion |
---|---|
Died: | June 14, 2025 |
Born: | March 19, 1933 |
Gender: | Male |
Height: | 1.74 m (5 ft 9 in) |
Country of Origin: | United States of America |
Source of Wealth: | Entrepreneur |
Last Updated: | Jul 10, 2025 |
Introduction
Leonard Lauder was an American billionaire businessman and art collector with an estimated net worth of $21 Billion.
Net Worth History
Year | Net Worth |
---|---|
2016 | $9 Billion |
2017 | $8.9 Billion |
2018 | $12.9 Billion |
2019 | $14.6 Billion |
2020 | $14.6 Billion |
2021 | $25.5 Billion |
2022 | $23.1 Billion |
2023 | $21 Billion |
2024 | $15.1 Billion |
2025 | $10.1 Billion |
Leonard Lauder’s net worth was primarily linked to his stake in Estee Lauder, which was reportedly close to 20%. What’s interesting about Lauder’s net worth is that in the last ten years of his life, his fortune experienced an impressive increase, followed by a sharp decline back to its starting position. This mirrors the market capitalization timeline of Estee Lauder almost perfectly.
In 2016, Lauder was worth an estimated $9 billion, and the company’s market cap hovered between $30 billion and $35 billion, which resulted in his 20% stake contributing roughly $7 billion to his net worth.
From 2017 through to the end of 2021, Estee Lauder’s market valuation almost quadrupled, reaching a peak of $133 billion. Leonard experienced an initial increase in his wealth to $12.9 billion in 2018, $14.6 billion in 2019, and by 2021, he was worth approximately $25.5 billion.
This would be the peak of his net worth, as Estee Lauder’s market stock began to crash, and has not since recovered. Thus, Lauder’s wealth declined every year until his death, at which point he was estimated to be worth $10.1 billion.
Financial Issues & Lawsuits
In 2022, Lauder was sued by Jennifer Weiss, a New York socialite and co-owner of Sherry-Lehman, a renowned luxury wine and spirits retailer. The lawsuit alleged financial misconduct during their relationship, with claims suggesting disputes over shared expenses and financial arrangements. Weiss’s connection to Sherry-Lehman, a prestigious New York City establishment, added further public interest to the case. While details of the legal proceedings remain private, the lawsuit highlighted personal and financial complexities that can arise in high-profile relationships.
In another incident, Lauder was mentioned in “Lucifer’s Banker Uncensored,” a book by Bradley Birkenfeld, which alleged questionable financial dealings involving offshore UBS accounts. While no legal actions were initiated against Lauder, these allegations demonstrated the rigorous examination some high-net-worth public figures frequently experience regarding their financial affairs.
Art Collection
Lauder’s art collection highlights his position as one of the world’s most influential cultural patrons and philanthropists. In 2013, he donated 81 Cubist masterpieces, valued at $1.1 billion, to the Metropolitan Museum of Art in New York, making it one of the most significant gifts in the museum’s history. The collection included works by Pablo Picasso, Georges Braque, Juan Gris, and Fernand Léger, demonstrating his dedication to preserving modern art’s legacy.
In 2015, the Met launched the Leonard A. Lauder Research Center for Modern Art, focusing on Cubism and its influence on modern artistic movements. This initiative reflects Lauder’s dedication to advancing the study of art history and promoting global scholarship through focused research and collaboration. Lauder’s generosity also extends to the Whitney Museum of American Art, where he donated $131 million in 2008. This record-breaking gift, the largest in the museum’s history, strengthened its commitment to modern and contemporary American art for future generations.
Philanthropy
Lauder’s philanthropy spans various sectors, reflecting his dedication to addressing critical societal needs through considerable financial contributions. Inspired by their mother’s struggle with Alzheimer’s disease, he co-founded the Alzheimer’s Drug Discovery Foundation (ADDF) in 1988 with his brother Ronald. Since then, Lauder has contributed over $200 million to help the foundation advance research on treatments and prevention for the disease.
In 2019, Lauder donated $10 million to Hunter College’s School of Nursing to support education and improve access to healthcare services. His earlier contributions to the Whitney Museum reflect his long-standing interest in cultural enrichment and the promotion of modern and contemporary art.
In his most recent philanthropic endeavor, in 2023, Lauder donated $125 million to the University of Pennsylvania to establish a tuition-free program that would enable nurse practitioners to receive adequate training to support underprivileged communities.
Highlights
Here are some of the best highlights of Leonard Lauder’s career:
- Lauder is the chairman of The Estée Lauder Companies Inc.
- Co-founder and chairman of the Alzheimer’s Drug Discovery Foundation
- Chairman of the Whitney Museum of American Art
Entrepreneurs
Tom Bilyeu Net Worth

Net Worth: | $400 Million |
---|---|
Age: | 49 |
Born: | March 30, 1976 |
Gender: | Male |
Height: | 1.80 m (5 ft 11 in) |
Country of Origin: | United States of America |
Source of Wealth: | Entrepreneur |
Last Updated: | Jul 11, 2025 |
Introduction
Tom Bilyeu is an American entrepreneur and businessman with an estimated net worth of $400 Million.
Quest Nutrition
One of Bilyeu’s first business ventures was Quest Nutrition, which he started in 2010 alongside Ron Penna and Mike Osborn. The business focused on protein-rich snack foods with minimal sugar. Their flagship product, the Quest Bar, has become extremely popular among fitness enthusiasts, bodybuilders, and health-conscious individuals.
As a result, Quest Nutrition experienced rapid growth and, within a few years, transitioned from a startup to a company generating over $400 million in annual revenue. Bilyeu left the company in 2016, and Quest Nutrition was eventually sold in 2019. The Simply Good Foods Company bought Quest for $1 billion, making it one of the decade’s most successful health food startups.
Impact Theory
Shortly after leaving Quest Nutrition, Bilyeu founded Impact Theory in October 2016. He started Impact Theory as a self-funded venture, giving him complete control over his business. Impact Theory was created to inspire individuals through content that promotes personal development, a growth mindset, and self-transformation.
Bilyeu has been the company’s CEO from the start, building a brand that focuses on thought-provoking interviews, education, and motivation. His hugely popular YouTube channel features in-depth conversations with entrepreneurs, authors, scientists, and thought leaders. Guests have included Simon Sinek, Dr. Joe Dispenza, and David Goggins. Through Impact Theory, he continues to blend storytelling and psychology to help people overcome limiting beliefs and unlock their potential.
U.S. Securities & Exchange Commission Lawsuit
In 2023, Bilyeu became the subject of a landmark legal case. The U.S. Securities and Exchange Commission (SEC) took its first-ever action against an NFT project. Bilyeu’s company was charged with offering “Founder’s Keys,” which were unregistered securities in the form of non-fungible tokens (NFTs). An unregistered security is a stock, bond, or note that has not been registered with the SEC through a formal registration statement. Registration with the SEC is a legal requirement for most securities before they can be offered or sold to the general public.
The SEC alleged that Impact Theory, Bilyeu’s company, raised approximately $30 million from investors by marketing the NFTs as investment opportunities. Bilyeu settled the case without admitting or denying the SEC’s findings. The settlement required his company to pay over $6.1 million in penalties. They also had to destroy all unsold Founder’s Keys NFTs and forfeit future royalties from the resale of these NFTs. Bilyeu also had to agree to establish a fund to compensate affected investors. The SEC’s action set a precedent for how NFTs might be regulated as securities in the U.S going forward.
Real Estate
Beverly Hills Mansion
Bilyeu and his wife purchased a Beverly Hills mansion in 2015 for $8.25 million. The home featured six bedrooms, nine bathrooms, a media room, a wine cellar, a pool, a sports court, and outdoor living areas. The couple put the property on the market in late 2020, initially asking for just under $10 million. The listing went on and off the market over the next two years and was eventually sold for the full asking price of $10 million in early 2023.
Hollywood Hills Mansion
While selling their Beverly Hills mansion, Bilyeu and his wife bought a three-story Hollywood Hills mega-mansion. The couple made headlines as it was one of L.A.’s most expensive residential transactions that year. They purchased the property for a reported $35.5 million. The home, situated in one of Los Angeles’s most exclusive enclaves, spans 20,058 square feet.
The mansion includes five bedrooms and eight bathrooms, a glass elevator, a rooftop deck, a state-of-the-art wine cellar, and a private movie theater. It also features a 175-foot infinity pool with a waterfall, and has panoramic views across Los Angeles, from downtown to the Pacific Ocean. Bilyeu also uses the mansion as a base for Impact Theory, recording interviews and filming production shoots.
Highlights
Here are some of the best highlights of Tom Bilyeu’s career:
- X-Prize Foundation (1995)
- Quest Nutrition (Co-founder, 2010)
- Inc 5000 (Magazine, 2014)
- The Tony Robbins Podcast (2014)
- Impact Theory (2016)
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