America’s Wealthiest Self-Made Woman
Diane Hendricks, the chairwoman of roofing supplies giant ABC Supply, has secured her position at the top of Forbes’ “America’s Richest Self-Made Women” list for the seventh consecutive year, boasting a net worth of $20.9 billion.
Her journey from humble beginnings on a dairy farm in Osseo, Wisconsin, to becoming one of the wealthiest individuals in the country is a testament to her perseverance and entrepreneurial spirit.
Growing up in rural Wisconsin, Hendricks learned the value of hard work and determination from her parents, who ran the family dairy farm.
Despite facing early challenges, including becoming a mother at a young age and navigating a divorce, she remained focused on her aspirations for a successful career.
At the age of 10, Hendricks developed a passion for business inspired by her desire to work in the city and her parents’ strong work ethic.
She juggled the responsibilities of motherhood while completing her senior year of high school and later ventured into the real estate industry, taking on odd jobs to support her family.
In the 1970s, Hendricks joined forces with her late husband, Ken Hendricks, to establish ABC Supply in Beloit, Wisconsin.
Their company experienced significant growth and success, reaching $1 billion in annual sales by 1998. Today, ABC Supply boasts over 900 branch locations and generates billions in revenue annually.
Despite her immense wealth, Hendricks remains deeply rooted in her hometown of Beloit, where she has invested millions of dollars in revitalizing historic buildings and supporting local initiatives.
She has also demonstrated a commitment to education and workforce development by establishing a career center for middle and high school students, providing them with valuable skills and opportunities for success.
Hendricks’ story serves as an inspiration to aspiring entrepreneurs, highlighting the transformative power of hard work, resilience, and a relentless pursuit of one’s dreams.
Her dedication to her community and passion for empowering the next generation underscore her status as not only a business titan but also a philanthropic leader.
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