News | Forbes


Menards owner is one of America’s richest men

John Menard, owner of the home improvement chain Menards, is one of America's richest men. In a recent issue of Forbes, listing the 400 richest people in America, the magazine estimates his wealth at USD 11.8 bn. It points out that while he was still in college he began building agricultural structures near his Eau Claire, Wisconsin, home. Forbes estimates the chain's sales at USD 10.7 bn, which, if accurate, would put average sales-per-store at USD 35 mio. Menards ranks fourth in America's home improvement retail industry.

Incidentally, that issue of Forbes listed the wealth of Bernie Marcus, one of Home Depot's founders, at USD 6.4 bn, and that of Arthur Blank, its other key founder, at USD 5.5 bn.

| 4 November 2019

More about the company

Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

Double-digit growth rates in Malaysia

The Malaysian home improvement sector is likely to grow by 10.9 per cent annually between 2018 and 2023, even as buyers gravitate towards cheap but View news...

L’entrepôt du bricolage sales up by 6.1 per cent

A sales increase of 6.1 per cent to EUR 313.7 mio has been posted by the 32 L'entrepôt du bricolage stores, the DIY distribution channel of French View news...

International Hardware Show in Cologne postponed to 2021

The Eisenwarenmesse - International Hardware Show in Cologne has been postponed to a new date in February 2021. This is how Koelnmesse is responding View news...

Light + Building postponed to September 2020

The Light + Building trade fair in Frankfurt am Main (Germany) has been postponed. The reason is the increasing spread of the coronavirus in Europe. View news...