Latest news with #DianeHendricks
Yahoo
30-07-2025
- Business
- Yahoo
The Dawson Company Announces Strategic Partnership with Corporate Contractors, Inc. for Phase One of Maritime Park Redevelopment
PENSACOLA, Fla., July 30, 2025--(BUSINESS WIRE)--The Dawson Company (dba Inspired Communities of Florida)—is proud to announce its newly formed partnership with Corporate Contractors, Inc. (CCI). The collaboration establishes CCI as co-developer, co-owner, and investment partner in Phase One of the $200 million redevelopment of Pensacola's Maritime Park. CCI is owned by acclaimed business leader Diane Hendricks. Anchored by the Reverb by Hard Rock Hotel and Rhythm Lofts, this bold, mixed-use development aims to activate the city's waterfront and catalyze long-term economic growth. "This partnership represents the alignment of vision, values, and execution," said Tamara Bowens, President & COO of The Dawson Company. "By joining forces with CCI, we're ensuring that the future of Maritime Park is not only architecturally and culturally significant—but also economically transformative for Pensacola." The collaboration was initiated through the insight and leadership of Pensacola community champion Quint Studer, who recognized the natural synergy between Dawson's long-term development philosophy and the Hendricks organization's commitment to revitalization through community-led investments. "20 years ago, the concept of the Community Maritime Park was presented to the Pensacola community as a game changer. Which it has been," commented Quint Studer, Author, Community Investor, and Philanthropist. "Having CCI, Dawson Company, and Pensacola native and NFL Hall of Famer, Emmitt Smith partnering on this project is another game changer. Like the ongoing revitalization of Beloit, this project continues making Pensacola a great place to live or visit." CCI will join the ICF-Smith partnership. A Nationally Recognized Partner in Community TransformationBased in Beloit, Wisconsin, CCI brings decades of expertise in delivering large-scale, and community-focused developments across the country. Its diverse portfolio features nationally and internationally recognized projects such as the Beloit College Powerhouse and The Grain Mass Timber Development. Another notable project currently under construction is the $500 million Ho-Chunk Nation Casino and Convention Center—Beloit's largest construction endeavor to date—where CCI serves as the Owner's Representative. In Pensacola, CCI will take on a multifaceted role as vertical construction lead, co-developer, and co-owner of the project. They will also be a long-term investment partner, strategically aligning capital and execution to ensure shared success. "Our partnership model is rooted in collaboration, integrity, and community alignment," said Homer Auge, President of CCI. "We're honored to bring our expertise to Pensacola and contribute to a project that will further define the city's future." Track Record of High-Impact, Inclusive DevelopmentThe Dawson Company brings a deep portfolio of mission-driven real estate developments across the Southeast, Northeast, and Gulf Coast. Notable among them is The Banks, an 18-acre mixed-use district situated between Cincinnati's Bengals and Reds stadiums. In Pensacola, Dawson has already played an integral role with past developments such as the Maritime Park Office Building, Southtowne Apartments, the Urban Core Office Building, and The 52 World, a 52-acre, mixed-use community designed around wellness, culture, and connectivity. The Hendricks partnership brings more than capital and construction strength, but also a proven ability to reimagine properties and support communities. As the lead general contractor behind the decades long rebuilding of Beloit, CCI played a pivotal role in transforming the city's downtown, cultivating a strong and growing entrepreneurial environment, and expanding housing options in the city. The revitalization efforts, and Diane Hendricks' commitment to the city, is currently featured in the new A&E docuseries Betting on Beloit. "The similarities between Beloit and Pensacola are striking," noted Bowens. "Both are mid-sized cities with rich heritage, strong civic spirit, and untapped potential. Hendricks' proven ability to deliver impactful transformation makes CCI the ideal partner for this next chapter of Maritime Park." Further reinforcing the connection between the two cities: CCI constructed the home stadium for the Beloit Sky Carp—sister team to Pensacola's Blue Wahoos, with shared ownership and management. "This partnership works because our teams share the same principles: executional excellence, cultural relevance, and long-term investment in place," said Bowens. "Every decision is rooted in community uplift—we're building something enduring." A Vision for the Future of PensacolaAnchored by the Reverb by Hard Rock Hotel and Rhythm Lofts, Phase One of Maritime Park will be a walkable, waterfront destination integrating lodging, inclusive housing, entertainment, public greenspace, and authentic architectural storytelling. The development is designed to reflect Pensacola's natural beauty and layered cultural heritage while further igniting growth in the tourism, healthcare, and STEM sectors. United by a design-forward vision and a commitment to adaptive reuse, Dawson and CCI have a passion for creating vibrant mixed-use developments like Maritime Park. Whether building new or revitalizing aging structures, the team is focused on creating dynamic, mixed-use destinations that honor the local heritage while meeting modern needs. "This redevelopment is about creating a destination that truly strengthens and serves the Pensacola community, now and for generations to come," said Diane Hendricks, Founder of Hendricks Holding Co. "We're honored to be part of a team united by that purpose. I'm especially grateful to Quint Studer for his thoughtful insight and leadership in bringing our teams together, and to The Dawson Company for their trusted partnership. Together, we're committed to building a place that reflects the vibrant spirit of Pensacola." About the Dawson Company The Dawson Company dba Inspired Communities of Florida is a second-generation managed, Pensacola Florida-based real estate company founded in 1969 in Atlanta, GA by Harold Dawson, Sr. With a history rooted in "doing well by doing good," The Dawson Company has developed, renovated, and/or managed 5 million square feet of office, 1.5 million square feet of retail and 15,000 + units of attached and multifamily housing. Drawing on its in-house expertise, The Dawson Company has evolved into a boutique development firm that immerses itself into niche tertiary markets to create impactful, enduring, catalytic mixed-use developments that grow, strengthen and enhance cities, towns and communities. For more information visit: About Corporate Contractors, Inc. (CCI) CCI is a respected general contracting firm based in southern Wisconsin and a member of the Hendricks Holding Co. family of companies. For more than four decades, CCI's team of dedicated professionals and skilled craftspeople has successfully delivered innovative construction solutions and valuable insights across a wide range of projects—including mixed-use, multi-family, industrial, commercial, educational, hospitality, healthcare, and more. Whether building new or transforming an existing structure, CCI is driven by a passion for excellence and a commitment to providing collaborative, client-focused services. Learn more by visiting: View source version on Contacts MEDIA CONTACT Prana Marketing & Media RelationsAngela Thomasangela@ (917) 841-5644 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Indian Express
17-07-2025
- Business
- Indian Express
Top 10 richest self-made women in the world 2025: Falguni Nayar, Kiran Mazumdar-Shaw make global list at #31 and #32
Top 10 richest self made women in the world 2025 Forbes list: In the modern world, women are leading the charge in entrepreneurship like never before. According to the Global Entrepreneurship Monitor, there are over 658 million female founders and business owners worldwide. Forbes reports that self-made women now make up 3.5 per cent of the global billionaire population, up nearly 50 per cent from 2017. Their combined net worth stands at $276 billion, with an average of $5.5 billion per individual, an increase of $158 billion since 2017. Topping Forbes' 2025 list is Rafaela Aponte-Diamant, co-founder of the Mediterranean Shipping Company (MSC), with a net worth of $38.8 billion. The company is now the world's largest shipping line. In second place is Diane Hendricks of the United States of America, who co-founded ABC Supply, a major distributor of roofing and building materials, with an estimated net worth of $22.3 billion. China, including Hong Kong, leads with 18 women in the top 50. Zhong Huijuan, a former chemistry teacher, is the richest among them, having founded Hansoh Pharmaceuticals in 1995. She gained global recognition in 1999 for developing a breakthrough lung cancer drug. Australia's Melanie Perkins stands out as the youngest at 38 years old, renowned for co-founding Canva, a popular design software company, in 2013. Source: Forbes' 50 Richest Self-Made Women on Earth 2025 Former investment banker, Falguni Nayar, with an estimated net worth of $3.4B, founded Nykaa, a retailer of beauty products, in 2012, and ranks #31 among the richest self-made women in the world in 2025. Nayar took Nykaa public in 2021, which made her India's richest self-made female entrepreneur in the process. Following her at #32 is Kiran Mazumdar-Shaw, one of India's richest self-made women, who founded biopharmaceutical firm Biocon in 1978, with a net worth of $3.3B. Cherry Gupta is an Assistant Manager - Content at The Indian Express. She is responsible for crafting compelling narratives, uncovering the latest news and developments, and driving engaging content based on data and trends to boost website traffic and audience engagement. One can connect with her on LinkedIn or by mail at ... Read More
Yahoo
02-07-2025
- Business
- Yahoo
3 of the Richest Self-Made Women's Advice on Building Wealth
Forbes recently ranked America's 100 richest self-made women. Those who made the cut consisted of successful entrepreneurs, executives and entertainers 'with fortunes originating in everything from cars to cosmetics to Chardonnay.' Read More: Check Out: As any accomplished individual knows, becoming rich and successful without financial assistance or professional connections is tough in and of itself; doing so while female adds additional hurdles. GOBankingRates wanted to know: what advice would the richest three women on the list give other women looking to follow in their footsteps? Owner and chair of ABC Supply, 'one of the largest wholesale distributors of roofing, siding and windows in the U.S.,' 78-year-old Diane Hendricks topped Forbes' list with an impressive $22.3 billion net worth. Having larger dreams than working on the dairy farm where she grew up, Hendricks thought about an entrepreneurial future from a young age and never took her eye off the prize. While getting pregnant at seventeen may have side-tracked others, Hendricks took a job working as a Playboy Bunny at Lake Geneva Playboy Club in the 1960's — a fact from which she never hides or apologizes because it gave her enough money to raise her child and pursue her dreams. It's this foundational perseverance, pragmatism and unabashed nature that helped play a key role in her eventual success. 'I don't believe in quitting,' Hendricks previously told Forbes. 'You quit, you're done.' Hendrick's second husband was a roofer. After the two tried unsuccessfully to develop a series of other businesses, Hendricks keenly observed that manufacturers of building supplies doubled as distributors and effectively ran the industry. There was no intermediary distribution chain to help provide lower, more competitive prices for customers. Hendricks and her husband acquired a $900,000 loan and pledged their entire savings to fill this gap. ABC Supply currently has over 900 branch locations — and a 2024 revenue of $20.7 billion. Along the way, Hendricks has stated she always surrounded herself with people of integrity. Per CNBC, 'the secret to their success […] was filling a gap in the market — and raising the standard of respect and professionalism in contracting.' Be Aware: Founder and CEO of Epic Systems, a medical-record software provider, 81-year-old Judy Faulkner holds the No. 2 ranking with a $7.8 billion net worth. A humble computer programmer, Faulkner never desired wealth or a lavish lifestyle; entrepreneurship was nowhere on her bingo card. Instead, she was driven solely by her passion to help people and solve problems — and this commitment to a larger purpose has accidentally proven lucrative. The daughter of a pharmacist and a physician, Faulkner saw the inefficiency and fragmentation of medical records-keeping in the late 1970's and developed software to centralize all patient data. Others recognized the profitability of her innovation and convinced her to start a company after she initially resisted. Today, her system of electronic health records is used by almost 2400 hospitals worldwide. Faulkner never even charged customers for infection-control software during the Covid pandemic. Staying true to her values and never selling out, Faulkner has unwaveringly rejected outside investors, instead choosing to grow the company slowly in order to maintain control over it and do quality work. In the end, it was the right choice. Faulkner explained to Forbes, it's 'perseverance, speaking out and speaking your mind and taking a stand on things' that helped her maintain her vision–and consequently build an empire. As a result, Epic still makes all of its own software in-house. When asked how she felt about being one of the only women leaders in software, Faulkner characteristically responded selflessly: she doesn't really think about it much, she's just a person who wants to do good work. Co-founder of Little Caesars Pizza and chair of Ilitch Holdings, 92-year-old Marian Ilitch holds the third spot with a net worth of $6.9 billion. The daughter of immigrants, Ilitch got her start in hospitality filling napkin dispensers in her father's restaurant. After marrying her husband, the two opened up a restaurant of their own. However, after having seven children, Ilitch was faced with wanting to both stay home with her kids and go to work — an all-too common conundrum many women face. Ultimately, Ilitch made the tough yet pivotal decision to work outside the home. When it came to building her success, Ilitch found it crucial to be honest with herself even if it was unpopular, stating she's an achiever first and a woman second. A risk-taker by nature, Ilitch and her husband invested their family savings to open the very first Little Caesars location in Garden City, Michigan. And with big risk came big reward — there are currently thousands of locations worldwide, 80% of which are franchise-owned (according to the company's official website). But Ilitch hasn't always gotten it perfectly out the gate. In fact, she attributes much of her success to her willingness to make mistakes. Back in 2012, she told Crain's Detroit Business, 'If you think you won't make mistakes, you're in a dream world. And you're never going to be a risk-taker if you don't [make them].' Another key ingredient in amassing her fortune has been her thirst for knowledge and her real-world commitment to learning from those around her — to which she attributes her strong understanding of finance and business. Fittingly, much of her wealth has come from her own sound investments and acquisitions. Per CNBC, Ilitch Holdings currently owns Detroit's MotorCity Casino hotel, the Detroit Red Wings, the Detroit Tigers and Olympia Entertainment. 'Not a day has gone by when I didn't learn something from someone,' said Ilitch. 'If they can do it better than me, I can learn something from them. That's how I've always done it, and I started from the ground up.' More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard I'm a Retired Boomer: 6 Bills I Canceled This Year That Were a Waste of Money 4 Affordable Car Brands You Won't Regret Buying in 2025 This article originally appeared on 3 of the Richest Self-Made Women's Advice on Building Wealth
Time of India
14-06-2025
- Business
- Time of India
Meet ‘America's richest self-made woman' who turned a small-town struggle into a $22.3 billion legacy
Source: Forbes Diane Hendricks is not only a businesswoman; she's a force of nature in the American business world. From humble beginnings on a rural Wisconsin dairy farm to being the wealthiest self-made woman in America, her story is one of grit, strategic mind, and stubborn persistence. Hendricks is now widely known as the founder and chairwoman of ABC Supply, a behemoth building materials distributor with more than 900 locations across the United States. But behind that name is a story of surviving personal adversity, living through tragedy, and creating one of America's most prosperous privately held businesses. America's richest self-made women Diane Hendricks's early life Born on March 2, 1947, in Mondovi, Wisconsin, and raised in the rural town of Osseo, Diane Hendricks was exposed to the rigidity of farm life. Her parents operated a dairy farm, where there was work every day. But her entry into adulthood was sooner than anticipated at only 17 years old, Diane became a single mother. This was the start of her resilience. To support herself, she worked in a factory in Janesville while finishing her schooling. Even with these financial struggles, she did graduate from Osseo-Fairchild High School in 1965. Her discipline and drive led her to get a real estate broker's license at age 21. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Brass Idols - Handmade Brass Statues for Home & Gifting Luxeartisanship Buy Now Undo With that, she began dealing in custom homes; a major stepping stone that would set the stage for future business pursuits. Diane Hendricks net worth 2025 and global ranking As of June 13, 2025, Diane Hendricks has a net worth of $22.3 billion , making her America's Richest Self-Made Woman and ranking #95 on the list of global billionaires, according to Forbes report. Her remarkable journey from rural Wisconsin to the top echelons of wealth worldwide is an example of her boundless energy and visionary vision. As chairwoman of ABC Supply, the largest privately owned wholesale distributor of building materials in the country, Hendricks built a local business into a national leader. Unlike much of the billionaire class, which amassed their wealth through inheritance, her money is all self-made and gained through aggressive business moves, large acquisitions, and a focus on expansion and innovation. America's richest self-made woman's real estate beginnings In the early 1970s, Diane met Ken Hendricks, a roofer turned entrepreneur and fellow go-getter. The pair married in 1975 and went on to start investing in real estate soon afterward. Their initial ventures were purchasing, rehabbing, and selling homes and industrial properties in Beloit, Wisconsin. The two weren't merely constructing buildings but building momentum. In 1982, they founded ABC Supply, a wholesale distributor of roofing, siding, and windows. From the beginning, the company specialized in offering higher-quality service to contractors, an underserved niche at the time. Diane performed much of the back-end management, strategy, and planning for expansion, while Ken contributed field experience and operations acumen. Together, they developed a business model that shook up the conventional supply chain of the building materials industry. How Diane transformed ABC supply after Ken's death It all changed in 2007 when Ken Hendricks was killed in a tragic accident. It was a personal loss and company turning point. Most assumed the business would fail but Diane had other plans. She assumed full responsibility at ABC Supply and guided it through with steady leadership. During the following decade and a half, Diane aggressively grew the company, making large acquisitions and technology improvements. In her single leadership, ABC Supply not only recovered but it soared. As of 2024, the firm had more than 900 branches throughout the U.S. with revenues in excess of $20 billion, ranking as one of the largest privately-held wholesale distributors in the country. America's richest women as political activist Aside from her business empire, Diane Hendricks is perhaps best recognized for her political activism. A dedicated conservative and staunch Republican ally, she has donated millions to political campaigns and causes. She has supported some of the most notable figures in politics, including Scott Walker, Paul Ryan, and Donald Trump. In 2024, Hendricks spoke at the Republican National Convention in Milwaukee, advocating for conservative principles and economic policies like Right to Work laws. Her political power reflects her business approach—brusque, forthright, and deeply embedded in her faith in individual enterprise. How Diane Hendricks became America's richest self-made woman 2025 Forbes labeled Diane Hendricks America's Richest Self-Made Woman in March 2025, focusing her spotlight as one of the greatest icons of self-made wealth. She also ranked in their Richest Person in Every State list, a title not frequently bestowed upon women, particularly in traditionally male fields such as construction and building materials. What makes Hendricks's wealth so impressive is that it wasn't inherited. Forbes assigned her a Self-Made Score of 9 out of 10, indicating that her financial empire was constructed nearly solely through individual effort, informed decision-making, and business risk-taking. Her background is the opposite of many billionaires who inherited their families' wealth or controlling stakes in large businesses. Also Read | Meet the London doctor who's 41 but biologically 24; here's his life longevity secrets revealed with 3 core supplements
Forbes
06-06-2025
- Business
- Forbes
Small Business Toolkit: Advice On Taxes, Business Structure, Funding And More
New and threatened tariffs. Expiring tax breaks. Tighter lending rules at the Small Business Administration (SBA). Small business owners face lots of challenges and uncertainty these days. But then, starting and running a small business has always been tough. And yet, small businesses remain the mainstay of the U.S. economy, creating jobs, millionaires, and in some cases, big companies and billionaires. Diane Hendricks, #1 on Forbes' new list of America's Richest Self-Made Women, with a net worth of $22.5 billion, started a roofing supply business with her late husband, Ken, in Wisconsin in 1982. Under her watch, ABC Supply, which she owns and has chaired since Ken's death in 2007, has grown to more than 900 branch locations and $20 billion in sales. Peter Cancro started making sandwiches at a Jersey Shore sandwich shop in 1971 at the age of 14, bought out the owner before his high school graduation, and built Jersey Mike's into a chain with more than 3,000 locations, before finally selling a majority stake this year to private equity firm Blackstone. He's now worth $4.9 billion. Today, the U.S. has more than 33 million small businesses, employing nearly 62 million Americans, some 46% of private sector employees. According to the SBA, from 1995 to 2021, small businesses created 17.3 million net new jobs, accounting for 63% of the net jobs created during this period. Underlying that impressive net job growth number, however, are millions of small business births and closures. About one in five of all small businesses fail in their first year and one in two succumb in the first five years. This new Forbes Small Business Toolkit aims to help you beat the odds, with information on choosing the right entity, assembling your professional team, filing and paying taxes on time, managing small business loans, and more. Despite the drama in Washington, some of these business basics won't change. But some will change–so we intend to keep the Toolkit updated, with developments business owners are likely too busy to track on their own. Small businesses have faced greater-than-normal challenges in recent months as they struggle to navigate President Trump's tariffs and tax proposals. The threat of tariffs (and tariffs already imposed) have already resulted in higher expenses and supply chain disruptions for some small businesses. And more are likely coming. Since tariffs are paid for by U.S. companies that import goods and materials, many small businesses will have to pay more for what they buy, yet may not be able to pass along the full cost increases to customers. The most recent National Federation of Independent Business Small Business Optimism Index shows retailers, in particular, have had their enthusiasm curbed by tariffs. The Republican tax bill, as passed last month by the House, included some wins for small businesses. It restored expensing and made the existing Section 199A deduction for small businesses that pass through their profits to the owner's tax return (S corps, partnerships and the self-employed) permanent and more generous. But those hoping that a business-friendly Senate might push even further by lowering corporate tax rates, too, likely won't get their wish. The cost of the bill (and how it increases the federal deficit and debt) may mean we'll see less, not more, tax relief for businesses, as it makes its way through the Senate and the reconciliation process. Adding to the uncertainty, interest rates and other costs remain high, making borrowing tricky at a time when assistance from federal agencies like the SBA has been reduced (the agency has announced plans to reduce its workforce by 43%) and loan guarantee rules tightened. Reduced staffing at the IRS (the agency expects to lose at least 20,000 employees) means there are fewer representatives available to answer the phones and help resolve tax disputes—some of those tax issues, like liens, can paralyze a small business if not resolved in a timely manner. There are some bright spots. Earlier this year, the Treasury Department walked back most of the Corporate Transparency Act (CTA), limiting its scope to foreign companies. Before the revision, an estimated 32.6 million companies were potentially subject to reporting requirements, with significant penalties for noncompliance. The administration has also signaled that more regulatory rollback is coming, though businesses aren't yet sure what that might look like. With so much uncertainty—and more changes on the way—we suggest bookmarking this Toolkit and checking back for our updates.
