Archie Aldis Emmerson Net Worth $3 Billion
The Mystery of Archie Aldis Emmerson No One Is Talking About
Archie Aldis Emmerson is the owner of Sierra Pacific Industries (SPI) and he has an estimated net worth of $3 billion as of March 2013. He was ranked 132nd on the “Forbes 400” list of the richest Americans and was listed #458 in the listing of World Billionaires. Also known as Red, he was the third biggest landowner in the usa in 2011 with 1.722 million acres. He is the biggest private landowner in California.
Produced in Grand Ronde, Oregon, Emmerson moved to Arcata, California in 1948 at the age of 19. Emmerson went as a partner to his dad who ventured to the lumber company and later, they made manufacturing facilities in the northwest. Under his direction, their company became SPI and eventually turned out to be the second largest lumber manufacturer in the usa.
Archie Aldis Emmerson additionally runs the Sierra Pacific Foundation which was created by his dad in 1979. He has given millions of dollars in community contributions. Emmerson still continues to finance the foundation in order to facilitate its philanthropic commitments to worthy organizations, community projects, youth activities, and student scholarships for the communities where the company has operating facilities.