Kenny Troutt
Dallas, Texas
Bachelor of Arts/Science, Southern Illinois University
United States
telecom, Self Made
$1,400,000,000
1605
#1605 Billionaires 2019
#360 Forbes 400 2012
Kenny Troutt founded long-distance phone company Excel Communications in 1988 and took the company public in 1996. In 1998, Troutt sold Excel Communications to Teleglobe in a $3.5 billion deal and reinvested the profits in stocks, bonds and horses. Avid horse racing fan, Troutt owns WinStar Farm in Versailles, Kentucky, breeder of Thoroughbreds including a Kentucky Derby winner.
The son of a single mother who worked as a bartender, Troutt grew up in public housing in Mount Vernon, IL.For years, Troutt sponsored his sons' nationally competitive basketball teams, providing jerseys, equipment and even rides on his private jet to tournaments.
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