Rank #1357
Glen Taylor
Net worth $3.2B
Printing · United States
- Born
- Apr 20, 1941
- Age
- 85
- Source
- Printing
- Residence
- Mankato, Minnesota
- Citizenship
- United States
- Marital status
- Married
- Children
- 5
- Education
- Bachelor of Arts/Science, Minnesota State University
Net worth over time
Biography
- 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.
- As a kid he worked on his neighbors' farms for $1 an hour.