Owners of America’s third-largest home improvement chain, Menards, Inc. The Wisconsin-headquartered company was founded by John Menard Jr. in 1962 and currently operates over 300 locations.
John Menard Jr. established the construction business in 1958 and launched his retail operations in 1972. By 2007, Forbes considered John Menard Jr. to be the richest man in Wisconsin, with an estimated net worth of over $12 billion. Menard has established a reputation of being a stickler for details, requiring even his top executives to keep a precise accounting of their work hours. Menard’s annual revenue is estimated at over $10 billion.
An avid motorsports fan, John Menard Jr. is involved with the NASCAR series and owns a company in the United Kingdom that builds engines for racing teams. He sponsored the winning car at the 2019 Indy 500. Paul Menard, John Menard’s son, is a former NASCAR driver who retired from the circuit in 2019.
