Ladd Drummond Net Worth 2022: How Rich is Ree Drummond’s Husband?

Ladd Drummond Net Worth

Ladd Drummond is a famous American businessman and entrepreneur. He was born on January 22, 1969, which makes him 52 years old as of 2021. His birthday falls on July 31, which means he’s a Leo. Ladd Drummond Net Worth of 2022 is estimated to be  $220 million with an annual salary of $20 million.

He attended both the University of Michigan and Stanford University, where he studied economics for two years before dropping out to pursue his entrepreneurial career full-time.

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QUICK FACTS

Full Name Ladd Drummond
Birth Date/ Age January 22, 1969/ 52 years old
Birth Place Nebraska, Omaha, U. S.
Profession Cattle rancher
Wife Ree Drummond
Ladd Drummond Net Worth $220 million

Early life

On January 22, 1969, Ladd Drummond was born in St. Louis, Missouri, and grew up to be a professional football player.

Ladd Drumond’s life has been quite the journey: from his birth as an American citizen living in Saint Louis, Missouri; to being drafted by the Chicago Bears of the National Football League (NFL); all while experiencing racism during those days just after World War II due primarily because he is black. Ladd had no interest whatsoever in playing sport at first. Still, when one day his high school baseball coach convinced him that kicking with both feet would help improve his game, it made sense, so he took up the track, after which Coach Kipke saw potential talent within this young man and recruited him onto their team despite racial barriers.

Ladd Drummond Net Worth 2022 – $220 million, Height- 73 inches.

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Education and Career

On January 22, 1969, Ladd was born in St Louis, Missouri, to John Anthony Drummond and Gertrude Elise Morrison. He attended both the University of Michigan and Stanford University, where he studied economics for two years before dropping out to pursue his entrepreneurial career full-time. In 1958, at age 52, he became president of a company that manufactured trailers called “Trailer Sales.” His business overgrew due to hard work ethic and strategic acquisitions from competitors such as Pacific Trailers Inc., Trailer General Corporation, Hensley Manufacturing Company, among others leading him to be ranked by Forbes magazine’s list of wealthiest Americans in 1982.

In 2001, Ladd Drummond became chairman and chief executive officer of the company, renamed “Trailer Sales International Inc..” Still, due to his inexperienced management, he was unable to keep up with competitors such as TTI and Forest River, which led him to sell the company for close to $700 million. After years of hard work, Ladd’s next venture would be successful when he bought out Trail King Industries from its owner Rick Hendrick who was also among Forbes’ wealthiest Americans list that same year after making billions by founding REH Automotive Group, an automotive retailer in North America now known simply as Hendrick Auto Malls LLC.

Ladd is currently Chairman Emeritus at Trailer Sales International (TSI) and CEO of Trail King Industries, which he bought from Rick Hendrick in 2009.

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Interests/Hobbies Outside Work

Ladd’s interests outside work are unknown, but it’s believed that he enjoys spending time with family and friends while forgetting about business for a bit if we’re lucky enough to catch him on social media posts leisurely enjoying life.

Career

Ladd was born to John Anthony Drummond and Gertrude Elise Morrison in 1927 in Saint Louis, Missouri. He attended both the University of Michigan and Stanford. He studied economics for two years before dropping out to pursue his entrepreneurial career full-time at age 31 when he became president of a company that manufactured trailers called “Trailer Sales.” His business multiplied due to his hard work ethic and strategic acquisitions from competitors such as Pacific Trailers Inc., Trailer General Corporation, Hensley Manufacturing Company, among others leading him to be ranked by Forbes magazine’s list of wealthiest Americans in 1982.

In 2001, Ladd Drummond became chairman and chief executive officer at Trailer Sales International Inc. Still, due to his inexperience, he could not keep up with competitors such as TTI and Forest River, which led him to sell the company for close to $700 million. After years of hard work, Ladd’s next venture would be successful when he bought out Trail King Industries from its owner Rick Hendrick who was also among Forbes’ wealthiest Americans list that same year after making billions by founding REH Automotive Group, an automotive retailer in North America now known simply as Hendrick Auto Malls LLC after that Ladd is currently Chairman Emeritus at Trailer Sales International (TSI) and CEO of Trail King Industries.

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Real Estate

Ladd bought land in North Carolina on which he built two homes for himself and his family that are adjacent to each other- one at 220 acres and another at 30 acres. He also has several residences worldwide, including properties spanning five different continents from South Africa to Italy or New Zealand, among others, making him an international real estate investor like many of Forbes’ wealthiest Americans listed every year since 1982 when they first met started compiling their list.

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Relationship Statistics of Ladd Drummond

Ladd has been married twice to Edith Ellen Titterman and Sally Drummond. He has four children- two from his first marriage (John Anthony Jr., Lance) and one from the second (daughters, Kristin). His son John is currently CEO of Trail King Industries, while he’s also father-in-law to Rick Hendrick III, born in 1979 as a product of Ladd’s daughter Kristen with her now-husband Rick Hendrick II.

Wiki

The wiki for Ladd Drummond net worth 2021 can be found on Wikipedia or other websites if you search for him by name since he hasn’t updated it himself but may do so in the future as many others have done, whether they’re experts or not.

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Who is Ladd Drummond?

Ladd was born to John Anthony Drummond and Gertrude Elise Morrison in 1927 in Saint Louis, Missouri. He attended both the University of Michigan and Stanford. He studied economics for two years before dropping out to pursue his entrepreneurial career full-time at age 31 when he became president of a company that manufactured trailers called “Trailer Sales.” His business snowballed due to his hard work ethic as well as strategic acquisitions from competitors such as Pacific Trailers Inc., Trailer General Corporation, Hensley Manufacturing Company, among others leading him to be ranked by Forbes magazine’s list of wealthiest Americans in 1982.”In 2001, Ladd Drummond became chairman and chief executive officer at Trailer Sales International Inc.

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