Kevin Plank
$1.0B
Born
Aug 13, 1972
Age
53
Source of Wealth
Under Armour
Residence
Lutherville-Timonium, Maryland
Citizenship
United States
Marital Status
Married
Children
2
Education
Master of Business Administration, Robert H. Smith School of Business; Bachelor of Arts/Science, University of Maryland
- Under Armour founder Kevin Plank built a popular sportswear brand as the underdog competitor to Nike.
- Noticing his football teammates' sweat-soaked shirts, Plank came up with a lightweight, sweat-wicking shirt using fabrics from women's undergarments.
- In the mid-1990s he sold his first shirts from his grandmother's basement, exaggerating to early customers to make the company sound bigger.
- Plank, who stepped down as Under Armour's CEO in 2019 and is now chairman, took the company public 2005; he owns a nearly 16% stake.
- He is building a 4 million-square-foot headquarters for Under Armour in Baltimore as part of a larger development called Port Covington.
- Plank got kicked out of his high school after an alcohol-fueled brawl with Georgetown U football players; he later walked onto the U. of Maryland's football team.
- Plank served on Trump's manufacturing council but resigned in August 2017 after the president did not criticize neo-Nazi protestors in Charlottesville, Virginia.
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