Carl Pohlad Net Worth is$2.6 Billion
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Profession: Financier
Date of Birth: Aug 23, 1915
Nicknames: Carl R. Pohlad
Country: United States of America
Carl Pohlad was a businessman and owner of Baseballs Minnesota Twins, with a net worth of $2.6 billion. Carl Pohlad earned his net worth through his business ventures in transportation, banking and sports. He was born in Des Moines, Iowa and passed away in 2009.
Carl R. Pohlad (August 23, 1915 - January 5, 2009) was a successful financier and the owner of the Minnesota Twins baseball franchise from 1984 (succeeding Calvin Griffith) until his death in 2009.
Carl Pohlad was born on August 23, 1915, to a poor Slovak family in Des Moines, Iowa. He grew up in West Des Moines, Iowa and graduated from Valley High School in West Des Moines in 1934. He attended and played football for Compton Junior College in Southern California for a short time. Bing Crosby saw him play football and recruited him to play for his alma mater Gonzaga University in Washington. Pohlad attended Gonzaga but dropped out after the football season of his senior year.
He was drafted to serve in WWII serving from 1943 to 1946. During his time in the service, he fought in Europe, spending some time in France, Germany, and Austria. Pohlad was scheduled to participate in the Normandy Invasion (D-Day), but a case of Poison Oak kept him out of the invasion's early stages. He was wounded in battle, and was awarded the Purple Heart and a Bronze Star Medal.
After the war he returned to Iowa, married Eloise O'Rourke Pohlad and later moved to Edina, Minnesota.
Pohlad's wife, Eloise, died in 2003. They had three sons during their 56-year marriage: James, Robert, and William, who all serve as Executive Board Members of the Minnesota Twins
Pohlad got his start in the banking business by foreclosing farms during the Great Depression. After the Depression, he began investing in community banks. Over several decades, he built a banking empire. He bought deposits from The Midwest Federal Savings & Loan after its collapse in 1989. Eventually he sold his bank Marquette Bank to Wells Fargo in 2002. In 2006 Forbes ranked him tied for the 107th richest person in the United States, with a net worth of 2.6 billion dollars.
Pohlad became president of the Twin City Rapid Transit (the Minneapolis St. Paul bus and streetcar company) saving it from Fred A. Ossanna (who

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Carl Pohlad Latest News

Pohlad tax case resolved at a fraction of original IRS claim

A $255.8 million government claim on the estate of the late billionaire banker Carl Pohlad has been quietly settled for a fraction of the initial amount the Internal Revenue Service demanded. The Pohlad family resolved the IRS case for $36 million ...
Posted: August 20, 2015, 5:30 am

Schafer: Pohlads' dispute with IRS over team's value was just estate planning

You can confirm this with many people who did a deal with Carl Pohlad, because he certainly was one guy who really liked to negotiate. Lee Schafer came to the Star Tribune after 15 years as a corporate officer, consultant and investment banker in the Twin ...
Posted: July 21, 2013, 3:35 am

Andy MacPhail, Michael Cuddyer elected to Minnesota Twins hall of fame

As MacPhail noted, he'd never even run a department when the late Carl Pohlad handed the reins to him at age 32. Club president Howard Fox, who had served as acting GM in the first year of Pohlad's ownership, gladly stepped aside for a budding baseball man ...
Posted: January 27, 2017, 8:23 pm
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