Name
Glen Taylor
Glen Taylor
Mankato, Minnesota
Bachelor of Arts/Science, Minnesota State University
United States
9
printing, Self Made
$2,900,000,000
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2
The Richest Person In Every State 2019
#804 Billionaires 2019
Glen Taylor bought a wedding service business for $2 million in 1975 and turned it into Taylor Corp., a printing firm with over $2 billion in sales. Taylor, who worked at the wedding business throughout college, stepped down as CEO of Taylor Corp. in 2015; he remains chairman.A Minnesotan, Taylor owns stakes in the state's NBA team, the Timberwolves; WNBA team, the Lynx; and the United FC soccer team. In 2016, he sold 5% of his stake in both basketball teams to Lizhang Jiang, the NBA's first Chinese minority owner.Taylor also owns farmland in Minnesota and Iowa, as well as the Minneapolis Star Tribune, which he bought in 2014 for nearly $100 million.
Taylor grew up poor on a farm in southern Minnesota.Taylor has invested nearly $80 million in devices for the hearing impaired.
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