Herbert Kohler, Jr.

About Herbert Kohler, Jr.

Who is it?: Chairman and CEO, Kohler Co.
Birth Day: February 20, 1939
Birth Place: Kohler, Wisconsin, United States
Birth Sign: Pisces
Residence: Kohler, Wisconsin, U.S.
Education: The Choate School
Alma mater: Yale University
Occupation: Chairman, Kohler Company
Children: 3

Herbert Kohler, Jr. Net Worth

Herbert Kohler, Jr. was bornon February 20, 1939 in Kohler, Wisconsin, United States, is Chairman and CEO, Kohler Co.. Herbert Kohler Jr. is the executive chairman of Kohler, the Wisconsin-based plumbing fixture manufacturer that bears his family's name. He stepped down as CEO in 2015 after running the company for 43 years but remains chairman. His son David is the CEO. Herb Kohler's grandfather founded the company in 1873 to manufacture hitching posts and farm tools. The company pulls in $6 billion in revenues from selling furniture, tile, engines and generators and the toilets and faucets that it's best known for. The Kohler company owns two golf resorts in Kohler, Wisc., plus the Old Course Hotel in St. Andrews, Scotland.
Herbert Kohler, Jr. is a member of Manufacturing

💰 Net worth: $9.3 Billion (Updated at 22 June 2018)

2009 $3 Billion
2010 $2 Billion
2011 $1.8 Billion
2012 $2.6 Billion
2013 $6.4 Billion
2014 $5.6 Billion
2015 $7.4 Billion
2016 $8.6 Billion
2017 $8 Billion
2018 $9.3 Billion

Some Herbert Kohler, Jr. images

Biography/Timeline

1939

Kohler was born February 20, 1939 to Ruth Miriam DeYoung Kohler (1906–1953) and Herbert Vollrath Kohler Sr. (1891–1968), who ran the Kohler Company from 1937 until his death. He is related to other former company Presidents, including Walter J. Kohler Sr. and Walter J. Kohler Jr. He was educated at The Choate School (now Choate Rosemary Hall, Wallingford, Connecticut), of which he was Chairman of the Board of Trustees from 2005-10. He graduated in 1965 from Yale University with a degree in Industrial Administration and went to work for the company. In June 1972, he was elected chairman of the board and chief executive officer at the age of 33.

1961

In 1961, Kohler married Linda Karger, but the couple divorced in the early 1980s. Kohler appeared in the film Open Range (2003), which starred Kevin Costner, and received the role because he was a friend of Costner. Kohler appeared in the news documentary film 60 Minutes Sports as himself playing a golf course owner.

1965

After graduating in 1965 from Yale University, Kohler went to work for the Kohler Company which long has been a manufacturer of bathtubs, toilets and other plumbing fixtures. He worked as a laborer or technician in every division of the company. In June 1972, he was elected chairman of the board and chief executive officer at the age of 33. Under his leadership, the company more than doubled the size of its engine and generator Business and it launched an interiors group that now encompasses five furnishings lines.

1985

Kohler owns a successful Morgan breeding facility where he has bred many well known Morgan horses such as HVK Bell Flaire, HVK Courageous Flaire, and HVK Vibrance. He was the owner of the Morgan horse Noble Flaire from 1985 until its death in 2006.

1989

The National Kitchen and Bath Hall of Fame inducted Kohler in its founding year of 1989, followed by the National Housing Hall of Fame in 1993. Junior Achievement inducted him into its U.S. Business Hall of Fame in April 2006. Kohler received the "Legend in Leadership Award" from the Chief Executive Leadership Institute of the Yale School of Management later that year.

1998

Kohler is an avid fan of professional golf and the Kohler Company owns and operates two courses designed by Pete Dye. The first course built was Blackwolf Run which is west of the village of Kohler along the Sheboygan River. It hosted the U.S. Women's Open in 1998 and 2012. The second built by Dye was Whistling Straits north of Sheboygan, along Lake Michigan. Whistling Straits hosted the PGA Championship in 2004, 2010 and 2015 and the U.S. Senior Open in 2007.

2007

In 2007, Kohler's net worth was estimated at $4.0 billion. In 2009, his net worth was estimated at $1.3 billion and as of June 2016, Forbes has estimated Kohler's net worth at $9.1 billion.

2009

In 2009, Kohler purchased "one of the sport's most famous buildings", Hamilton Hall, now the Hamilton Grand, a collection of 26 luxury apartments. Kohler owns the Old Course Hotel in St Andrews, Scotland.

2015

In April 2015, the company announced Kohler was stepping down as CEO and relinquishing the title to his son, David Kohler.