John Menard Jr
Overview
- Source of Wealth
- Home improvement stores
- Industry
- Fashion & Retail
- Residence
- Eau Claire, Wisconsin
- Organization
- Founder at Menard, Inc.
- Education
- University of Wisconsin, Eau Claire (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 6
Assets
- Polaris Industries Inc.23,000 shares @ --PII-US
Biography
John Menard's home improvement retailer Menards brings in an estimated $13 billion in sales from more than 340 stores.
His stores, which compete with Home Depot and Lowe's, are concentrated in the middle of the U.S., from Wyoming to West Virginia.
Menard first started a construction business in 1958, 20 years before Home Depot launched.
Menard has developed a reputation for keeping a tight grip on his business, requiring even top executives to punch a time clock every morning.
Menard sponsored the winning car at the 2019 Indy 500, his first win in nearly 40 years of involvement in racing.
About
Menard grew up on a farm in Wisconsin as the oldest of eight children.
Menard, who already had his own business making agricultural buildings, turned down a job at IBM when he graduated college in 1963.