John Menard Jr

Net worth over time

Biography

• John Menard's home improvement retailer Menards brings in an estimated $13 billion in sales from more than 340 stores.
• His stores, which compete with Home Depot and Lowe's, are concentrated in the middle of the U.S., from Wyoming to West Virginia.
• Menard first started a construction business in 1958, 20 years before Home Depot launched.
• Menard has developed a reputation for keeping a tight grip on his business, requiring even top executives to punch a time clock every morning.
• Menard sponsored the winning car at the 2019 Indy 500, his first win in nearly 40 years of involvement in racing.
• Menard grew up on a farm in Wisconsin as the oldest of eight children.
• Menard, who already had his own business making agricultural buildings, turned down a job at IBM when he graduated college in 1963.

Financial assets