Ronald G. Wanek Explained

Ronald G. Wanek
Nationality:American
Occupation:Founder and chairman, Ashley Furniture Industries
Spouse:Joyce A. Wanek
Children:3 including Todd R. Wanek

Ronald G. Wanek (born 1941) is an American billionaire businessman, and the founder and chairman of Ashley Furniture Industries.

Early life

Wanek grew up on a dairy farm in Minnesota, where his grandfather and great uncle built furniture as a hobby.[1]

Career

Wanek started his first manufacturing business, Arcadia Furniture, in 1970 with a loan from his father and money he got from selling his home.

In 1976, Wanek purchased Ashley Furniture, a company that had been operating since the 1940s. After taking control of the company, Wanek established overseas manufacturing and distribution capabilities to make the business more competitive.[2]

Political activity

In 2012, Wanek, "a prominent Republican donor", gave $1 million towards hosting Tampa's Republican National Convention.

Together with his spouse, Wanek contributed $839,400 to Donald Trump's 2020 presidential campaign.[3]

Personal life

He is married to Joyce; they have three children and live in St. Petersburg, Florida.[4] [5] His son Todd R. Wanek is the CEO of Ashley Furniture.[4]

In 1998, Wanek and his wife Joyce started the Ronald & Joyce Wanek Foundation. The foundation donates to causes including children and families charities, medical research, education, arts and U.S. armed forces.

External links

Notes and References

  1. Web site: Ronald Wanek. 2021-09-03. Forbes. en.
  2. Web site: 2020-12-23. Ron Wanek: Pursuing excellence. 2021-09-03. Furniture Today. en-US.
  3. Web site: Here Are The Billionaires Who Donated To Donald Trump’s 2020 Presidential Campaign . Forbes . 28 March 2024.
  4. Web site: Ronald Wanek. Forbes. 28 February 2019.
  5. Web site: Snell Isle mansion sells for $8.4 million, highest price since 2011. 15 July 2013. tampabay.com. 28 February 2018.