Rank #2458
Kenny Troutt
Net worth $1.7B
Telecom · United States
- Born
- Jan 08, 1948
- Age
- 78
- Source
- Telecom
- Residence
- Dallas, Texas
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Southern Illinois University
Net worth over time
Biography
- Kenny Troutt founded long-distance phone company Excel Communications in 1988 and took the company public in 1996.
- In 1998, Troutt sold Excel Communications to Teleglobe in a $3.5 billion deal and reinvested the profits in stocks, bonds and horses.
- An avid horse racing fan, Troutt owns WinStar Farm in Versailles, Kentucky, breeder of Thoroughbreds including a Kentucky Derby winner.
- The son of a single mother who worked as a bartender, Troutt grew up in public housing in Mount Vernon, IL.
- For years, Troutt sponsored his sons' nationally competitive basketball teams, providing jerseys, equipment and even rides on his private jet to tournaments.