Archie Aldis Emmerson & family
$5.6B
Born
Apr 10, 1929
Age
96
Source of Wealth
Timberland, lumber mills
Residence
Redding, California
Citizenship
United States
Marital Status
Married
Children
3
Education
Diploma, High School
- The country's third largest landowner, Archie Aldis "Red" Emmerson and his family own some 2.5 million acres across the nation.
- His Sierra Pacific Industries is the largest private lumber production firm in the nation, with 14 sawmills across California, Oregon and Washington.
- Emmerson and his father Curly started SPI in 1949. It went public in 1969 but four years later they 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.
- Emmerson was kicked out of boarding school in 1946 for convincing a friend to 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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