John Menard Jr. Biography
John Menard Jr. is an American billionaire businessman as well as the founder and owner of Menards, a Midwestern chain of home improvement stores. He is a former INDYCAR racing team owner, and the father of former NASCAR Cup Series driver Paul Menard. He is the son of John Robert Menard Sr (1917–1988). As of 2024, Bloomberg Billionaires Index ranked him the 103rd-richest person in the world with a net worth of US$23.2 billion.
10 Quick Facts About John Menard Jr
Here is a list of 10 facts about Menard Jr
- Name: John Robert Menard Jr.
- Age: 85 Years Old.
- Birthday: January 22
- Zodiac Sign: Aquarius
- Height: 5 feet 2 inches
- Nationality: American
- Occupation: Billionaire Businessman
- Marital Status: Married
- Salary: Under Review
- Net worth: $23.2 Billion
John Menard Jr. Age
Menard is 85 years old, he was born on 22 January 1940, in Eau Claire, Wisconsin. He celebrates his birthday on January 22 every year and his birth sign is Aquarius.
John Menard Jr. Height
John Menard Jr. stands at a height of 5 feet 2 inches.
John Menard Jr. Weight
Menard weighs 150 lbs.
Early Life and Education
Menard Jr was born on 22 January 1940, in Eau Claire, Wisconsin. He attended Eau Claire Regis High School where he graduated and joined the University of Wisconsin- Eau Claire where he achieved a degree in business and a minor in psychology, In college, John began constructing pole buildings together with his friends. He made, Eau Claire4, Wisconsin his home.
Rise To Fame
Menard opened his first hardware store in 1964. As of the year 2014, his company owned 287 Menards stores. As of the year 2005, Menards grossed an estimated $5.5 billion in sales. Menard had a net worth of $8.6 billion in the year 2013, according to Forbes 400, and is the richest person in Wisconsin.
In the year 2013, Menard ousted a former investment partner, Stephen Hilbert, a 20% shareholder in MH Equity, for mismanaging assets as well as resources.
Menard has a pronounced hostility towards organized labor. He imposed an absolute ban on hiring anyone who had ever belonged to a union. One employee described having to fire two promising management prospects because they had served in high school as baggers for a unionized supermarket.
Managers at Menards are subject to 60 percent pay cuts if their store becomes unionized. Managers also have to agree to pay fines of $100 per minute for infractions such as opening late and to submit any disputes to arbitration rather than legal courts.
John Menard Jr. Family, Parents
Menard was born and raised by his parents in Wisconsin. John is the oldest child in his catholic family. Our efforts to find out more about his family came to no avail as no such information is publicly available. Thus, the identity of John’s parents is still unclear. It is also not known if he has any siblings. We will update this section once this information is available.
John Menard Jr. Wife
Menard is married to Fay Obaid. The couple married in 2008. The two have two children. He has previously married Paula Christine. The pair divorced in 1993. He has kids from his previous two marriages which totals six. Some of the known children are; Paul Menard, John Menard III, and, Molly Menard.
John Menard Jr. Net Worth
John Menard Jr. net worth is estimated at $23.2 billion dollars. This includes his assets, money, and income. His primary source of income is his career as a billionaire businessman. Through his various sources of income, John has been able to accumulate good fortune but prefers to lead a modest lifestyle.
Facts: Everything You Need to Know About John Menard Jr.
Here are some interesting facts you should know about John
John Menard Jr. Bio.
- Full Names: John Robert Menard Jr.
- Popular As: Founder and owner of Menards
- Gender: Male
- Occupation / Profession: Billionaire Businessman
- Nationality: America
- Race / Ethnicity: White
- Religion: To be updated
- Sexual Orientation: Straight
Birthday
- Age: 85 Years Old
- Zodiac Sign: Aquarius
- Date of Birth: 22 January 1940
- Place of Birth: Eau Claire, Wisconsin, USA
- Birthday: January 22
Body Measurements
- Height / How Tall?: 5 feet 2 inches
- Weight: 68 kg
- Eye Color: Brown
- Hair Color: Brown
- Shoe Size: Not Available
Family and Relationship
- Father (Dad): Not Known
- Mother: Not Known
- Siblings (Brothers and Sisters): Larry Menard
- Marital Status: Married
- Wife/Spouse: Married to Fay Obaid
- Children: Paul Menard, John Menard III, and Molly Menard
Net Worth and Salary
- Net Worth: $23.2 Billion
- Salary: Under Review
- Source of Income: Billionaire Businessman
Donations
Menard supported Eau Claire’s Luthyer Midelfort Hospital with $15 million in January 2008. This sum of money would be used to educate and train health professions at Mayo Clinic. He also donated $10 million to Eau Claire Area YMCA aw well as to the Koch Brothers political group.
Motorsports Involvement
John’s son, Paul Menard is the driver of the #21 Menards Ford. Johns owns an engine shop that produces engines for Robby Gordin Motorsports as well as Team Menard in the United Kingdom.
John sponsors Team Penske #12 with Ryan Blaney who is a driver. He also sponsors Wood Brothers Racing #21 Ford Mustangs and Monster Energy NASCAR Cup Series.
House
John resides in Eau Claire, Wisconsin with six children. We shall upload pictures of his house as soon as we have them.
Contacts
- X (Twitter)
- Youtube
- Tiktok
- Website
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