Glen Taylor Net Worth is$1.8 Billion
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Profession: Businessperson
Date of Birth: Apr 20, 1941
Country: United States of America
Glen Taylor net worth: Glen Taylor is an American businessman with a net worth of $1.8 billion dollars which makes him one of the richest people in Minnesota. Born in Comfrey, Minnesota, Glen Taylor graduated from Minnesota State University in the early 60s, and also attended a training program at Harvard Business School. He began his professional career working for a Minnesota-based printing company. He eventually purchased the company from the previous owner and grew it into the Taylor Corporation, a multinational company that focuses on printing and electronics, and currently employs 15,000 people. He is a member of the Republicn Party, and was a State Senator for Minnesota from 1981 to 1990. In 1994, he purchased the Minnesota Timberwolves basketball team. As of 1999, he is also the majority owner of the Minnesota Lynx WNBA team. He is the current Chairman of the NBA Board of Governors. He currently resides in Mankato, Minnesota, which is also the home of the Taylor Corporation.
Glen A. Taylor (born April 20, 1941) is an American businessman who is the majority owner of the Minnesota Timberwolves basketball team, owner of the Minnesota Lynx WNBA basketball team, and a former member of the Minnesota Senate.
Taylor grew up on a farm in Comfrey, Minnesota. He graduated from Comfrey High School in 1959, and received a B.S. from Minnesota State University, Mankato in 1962. In 1982 he participated in an executive education program for business owners and presidents at Harvard Business School.
During and after college, he worked at Carlson Wedding Service (later Carlson Craft), a Mankato print shop specializing in formal invitations. When the company's owner was looking to retire, Taylor offered to pay $2 million over the course of 10 years for the company. This purchase (which he paid off early) formed the basis for the Taylor Corporation, based in North Mankato, Minnesota.
Taylor was a Republican Minnesota State Senator from 1981 to 1990, serving as assistant minority leader from 1983 to 1985 and Minority Leader from 1985 to 1988.
Taylor purchased majority ownership of the Minnesota Timberwolves basketball team in 1994. Taylor purchased the Minnesota Lynx WNBA basketball team in 1999. Taylor was in talks to buy the Minnesota Twins but nothing has come of it. In 2005, he was also rumored to be a possible buyer for the Minnesota Vikings, but was outbid by Zygi Wilf. He is currently the chairman of the Board of Governors for the NBA.
Taylor is also founder, chairman, and CEO of Taylor Corporation, a privately held multinational company in the printing and electronics businesses with more than 15,000 employees.
Taylor has been ranked No. 149 on the Forbes 400 and his company No. 254 on Forbes ranking of private United States corporations. His net worth was reported by Forbes to be $1.8 billion in 2012.

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Glen Taylor Latest News

Minnesota Timberwolves owner Glen Taylor wants to meet with Andrew Wiggins before extension

Andrew Wiggins will get his money, but there are a few strings attached. Timberwolves owner Glen Taylor is ready to pony up and give Wiggins a max deal to stay with Minnesota long term, so long as he is willing to have a one-on-one meeting with his boss ...
Posted: August 8, 2017, 3:28 pm

Glen Taylor wants meeting with Andrew Wiggins before signing him to max contract

Apr 3, 2017; Minneapolis, MN, USA; Minnesota Timberwolves forward Andrew Wiggins (22) looks to pass as Portland Trail Blazers guard Allen Crabbe (23) defends in the second half at Target Center. The Timberwolves won 110-109. Mandatory Credit: Marilyn ...
Posted: August 7, 2017, 8:16 am

Glen Taylor: Wiggins Must Continue to Earn Max Extension

Timberwolves owner Glen Taylor said Monday that he is ready to commit nearly $150 million to Andrew Wiggins with a max-level extension of his rookie contract. Before he does so, Taylor wants to sit down face-to-face with Wiggins to hear the former No. 1 ...
Posted: August 8, 2017, 9:14 pm
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