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 | |
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Forbes ranked #1,222th richest person in the world (2014)[1]
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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
- The Excel Phenomenon by James Robinson, Bantam Doubleday. Inc
References
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