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re: Name each SEC program's top collection of super wealthy boosters

Posted on 3/31/22 at 3:56 pm to
Posted by CoachDon
Louisville
Member since Sep 2014
12409 posts
Posted on 3/31/22 at 3:56 pm to
Bill Gatton- $60 Million

While a student at the University of Kentucky, Gatton began his career in the automobile industry as a sales associate at L.R. Cooke Chevrolet in Lexington. After receiving his MBA, he opened one of the first Volkswagen dealerships in Kentucky. Eventually, he owned a total of nine automobile dealerships in Tennessee, Alabama and Texas.

Gatton has also made investments in banking. In 1981, he formed Area Bancshares of Owensboro, which grew to become the largest bank holding company headquartered in Kentucky, owning 17 banks with 65 branch offices across the state. Area Bancshares had $3 billion in assets when he sold it to BB&T in 2002.

Gatton has likewise been involved in major real estate ventures in multiple states including the Beaumont development in Lexington.
Posted by Hawgleg
Member since Jan 2022
131 posts
Posted on 3/31/22 at 4:00 pm to
One might be surprised at the number of people scattered in Arkansas that went to work for WalMart in the early 80s that have nice retirements now. A little stock back then grew nicely. Couldn't tell it by the way they live.
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