Kelvin A plank is an entrepreneur, philanthropist and a businessman who is the founder, CEO and the chairman of the Under Armour, a company that manufactures sports apparel, accessories, and footwear, with its headquarters in Baltimore, Maryland. He is the CEO of one of the largest firms in businesses in the United States. His success has been as a result of hard work and determination. Keep on reading to learn more about the net worth of Kevin Plank in 2019.
Early Life & Biography
Plank was born in 1972 on August 13th in Kensington, Maryland to William and Jayne Plank. His father worked as a land developer while his mother was the mayor of Kensington who went on to direct Office of Legislative and the Intergovernmental Affairs at the Department of State of the US during the reign of President Ronald Reagan.
Plank grew up playing football with Maplewood Sports Association. His relationship with the Maplewood team saw them appear in a commercial sponsored by his company. He studied at Georgetown Preparatory School, which was a Catholic school that he would leave as a result of very poor performances. After leaving the school, he joined St. John’s College High School in 1990.
He played football at the Fork Union Military Academy for a year. He joined University of Maryland, College Park. He graduated from the University in 1996 with a degree in Business Administration.
Plank got married in 2003 to Desiree Guerzon. The couple was blessed with two children, with whom they live in Lutherville Maryland. Plank has made various donations to the political parties and various individuals in politics. He has opposed some of the decisions that have been made by President Trump.
Career, Awards & Nominations
Kevin Plank entrepreneur skills began back in high school where he was selling various items. In 2006, he started an annual business project, and it was known as ‘Cupid Cup Business’ and ‘The Innovation Competition.’ Among the businesses that he was involved in included the sale of rose flowers that were valued at $17,000.
The idea of starting a company that deals with sportswear came from some of his friends who were wearing sweat-soaked shirts. After he came up with plans to start a clothing firm which was titled Under Armour. Kevin started the business from the sales of flowers. He began the operation in the basement of a house that was owned by his grandmother.
Net Worth & Earnings
The net worth of Kevin Plank is estimated to be over $2.3 billion. The net worth of this company has been made from his business that he runs. A large portion of the wealth is from Under Armor. In the list of things that he owns is a house which is valued at $8 million. Also, he has many houses and luxury.
Plank has been ranked among the most successful businessmen in the world. He has run very many companies that have enjoyed massive success, and it remains clear that he is just starting as he expands his horizon.