#2717
Brad Kelley
Overview
- Source of Wealth
- Tobacco
- Industry
- Real Estate
- Residence
- Franklin, Tennessee
- Education
- High School (Diploma)Western Kentucky University (Drop Out)
- Marital Status
- Married
- Children
- 3
Assets
- Agenus Inc. - Common Stock (Health Services)79,551 shares @ --AGEN-US
- Agenus Inc. - Common Stock (Health Services)16,667 shares @ --AGEN-US
Biography
Brad Kelley, a Kentucky native and a farmer's son, built a fortune from discount cigarettes.
He built Commonwealth Brands, maker of USA Gold and Malibu cigarettes, and sold it for $1 billion in 2001.
Kelley has since used that cash to become one of the largest landowners in the U.S., with over 500,000 acres from Hawaii to Florida.
Kelley owns historic stud farm Calumet in Kentucky, which had three starters in the 2017 Kentucky Derby.
About
In 2020, Kelley sold travel guide Lonely Planet, which he had bought seven years earlier from the BBC for $75 million.
His horse English Channel has sired offspring that have nabbed over $57 million in prize money.