Kenny Troutt

Kenny A. Troutt
Born 1948
Mount Vernon, IL, U.S.
Occupation Founder and former Excel Communications CEO
Spouse(s) Lisa E. Copeland
Notes
Forbes ranked #1,222th richest person in the world (2014)[1]

Kenny A. Troutt (born 1948) was the founder of Excel Communications, a Texas-based telecommunications company that used multi-level marketing to offer long distance phone service. Troutt became a billionaire in 1998 when Excel was sold to Teleglobe for $3.5 billion. As of 2014, his net worth was approx. US$1.5 billion.[1]

Troutt is a major Republican donor, and has contributed to American Crossroads, Rick Perry, Rick Santorum,[2] and "Kentuckians for Strong Leadership", a super PAC backing Mitch McConnell.[3] Troutt's son, Preston, has also donated to Republican Party candidates.[2]

In 2005 Troutt started the first of three youth basketball teams, known as the Titans, for his sons and the son of a business partner. The teams have an annual budget of $3 million.[4]

Troutt owns WinStar Farm, a thoroughbred horse farm in Versailles, Kentucky.[1]

Sources

References

  1. 1 2 3 "#1222 Kenny Troutt". Forbes. Retrieved 26 October 2014.
  2. 1 2 Slater, Wayne (16 July 2012). "Romney reports more than $13 million raised in Texas". The Dallas Morning News. Retrieved 1 December 2013.
  3. Clozel, Lalita (17 October 2014). ""Grassroots" Groups Flooded with Big Donor Cash in Third Quarter". Center for Responsive Politics. Retrieved 26 October 2014.
  4. Melby, Caleb (15 July 2013). "Billionaire Kenny Troutt Founded America's Most Indulgent, Most Successful Youth Basketball Team". Forbes. Retrieved 26 October 2014.

External links

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