|Who is it?||president and CEO, Menards|
|Birth Day||January 22, 1940|
|Birth Place||Eau Claire, Wisconsin, United States|
|Age||83 YEARS OLD|
|Education||University of Wisconsin-Eau Claire|
|Known for||Founding Menards|
|Children||Paul Menard John Menard III|
John Menard, Jr.'s net worth is projected to reach an astonishing $17.4 billion by 2023. Widely recognized as the president and CEO of Menards, a prominent home improvement retail chain in the United States, Menard has established himself as a highly successful businessman. With his keen entrepreneurial skills and astute business sense, he has contributed significantly to the growth and success of the company. The immense wealth reflects Menard's exceptional leadership and the enduring popularity of Menards among American consumers.
In 1997, Menard was caught using his own pickup truck to haul plastic bags filled with chromium and arsenic-laden wood ash to his home for disposal with his household trash. Menard pleaded no contest to felony and misdemeanor charges involving records violations, unlawful transportation, and improper disposal of Hazardous waste. Menard and his company were fined $1.7 million for 21 violations.
In January 2008, Menard gave $15 million to support Eau Claire's Luther Midelfort Hospital. The donation will be used for a new emergency services department and to help Mayo Clinic educate and train health professionals. In 2015, Menard donated $10 million dollars to support the Eau Claire Area YMCA. The gift will replace the current five-court LE Phillips Tennis Center that opened in 1972 to become an eight-court indoor tennis center known as the Menard Family YMCA Tennis Center.
In 2013, Menard ousted a former investment partner, Stephen Hilbert, a 20% shareholder in MH Equity, for mismanaging assets and resources.