Ronald Wanek
$6.24B
as of 12/21/24
About Ronald Wanek
Ronald Wanek is the founder of America's largest home furniture manufacturer and retailer, Ashley Furniture.
Wanek grew up poor on a dairy farm in Minnesota, where his grandfather and great uncle built furniture as a hobby.
He started his first furniture manufacturing business, Arcadia Furniture, in 1970 with a loan from his father and money he got from selling his home.
Six years later he bought retailer Ashley Furniture, which had been around since the 1940s.
He is chairman of Ashley Furniture; his son Todd, also a billionaire, has been CEO since 2002.
Personal stats
Citizenship
United States of AmericaSource of wealth
FurnitureResidence
Saint Petersburg, FloridaMarital status
MarriedBirth date
05/19/41 (age 83)Number of children
3Education
High School Graduate, High SchoolSelf-made
self-madeRonald Wanek’s fortune is worth
104K
troy ounces of gold
96K
median U.S. household
62K
median U.S. income
0.125%
U.S. credit card volume
0.025%
GDP of the United States
0.018%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Wanek's family office, Third Lake Capital, owns office buildings, shopping centers and nursing homes.
Net worth over time
Real-time ranking
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