Archie Aldis Emmerson
Redding, California
Diploma, High School
United States
9
timberland, lumber mills, Self Made
$3,800,000,000
546
1
#546 Billionaires 2019
#179 Forbes 400 2018
The country's third largest landowner, Archie Aldis "Red" Emmerson and his family own nearly 2 million acres.His Sierra Pacific Industries is the largest private lumber production firm in the nation with 15 sawmills across California and Washington.Red and his father Curly started SPI in 1949. It went public in 1969 but 4 years later Curly and Red bought out their partner and took it private. Today, Red's sons George and Mark run the firm as president and chairman, respectively, though Red is still at the office nearly every day.
Red was kicked out of boarding school in 1946 for telling a friend that he should pin a condom on the bulletin board, which he did.SPI has given scholarships to the children of its employees for nearly four decades.
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