Ron Offutt Net Worth $500 Million
Considered the richest person in North Dakota, Ron Offutt has an estimated net worth of $500 million. Born in Moorhead, Minnesota, Mr. Offutt grew up in a fiscally-struggling farming family. Along with his father, he began to actively expand their farming business which focuses on potato production. He founded the company that is now called the RD Offutt Company and he serves as its President. For more than ten years, they purchased, rented, or partnered as a way to grow the quantity of land which they had at their disposal. Through the late 1960’s, Ron Offutt and his father opened a John Deere division that has grown into RDO Equipment, Inc. It became the largest John Deere dealership in America and is planning to reach 100 stores in four nations. They’re now the primary provider of frozen French fries for the McDonald’s corporation which also enlarged their holdings from the top mid-west to both coasts together with the south coast. By 2012, they’re already the most successful potato generation agribusiness in the whole world with more than 4,000 full-time employees and an annual revenue approaching $2.5 billion.