JR Simplot Net Worth is5.80 $Billion
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Birth Date: 1909/1/9
Birth Place: Dubuque, Iowa, Iowa
Death Date: 2008/5/25/1909/1/4
Death Place: Boise, Idaho, Idaho
Residence: Boise, Idaho
Nationality: other names
Known For: Founder and chairman emeritus of J. R. Simplot Company,, of the Forbes 400.
Education: Eighth grade dropout Networth: {{profit}}United States dollar3.6 billion Spouse: Esther Becker - (m. 1972–2008), Ruby Rosevear - (m. 1931–60)
Children: Richard R. Simplot - (1934–93), Scott R. Simplot - (b. 1947)
Parents: Charles R. and Dorothy Simplot
John Richard ("Jack" or "J.R.") Simplot (January 9, 1909 a?? May 25, 2008) was the founder of the J. R. Simplot Company, an agricultural supplier specializing in potato products, based in Boise, Idaho. In 2007 he was estimated to be the 89th-richest person in America, at $3.6 billion. At the time of his death at age 99 in May 2008, he was the oldest billionaire on the Forbes 400.
Born in Dubuque, Iowa, in 1909, he was the third of six children of Charles R. and Dorothy Simplot. A year later, the family relocated a thousand miles (1600 km) west to homestead in the newly irrigated Magic Valley of south central Idaho. After differences with his authoritarian father, Simplot quit school in the eighth grade and left home to strike out on his own at age 14 in 1923. He then worked on a farm near Declo, before getting into the potato and vegetable processing business.
By World War II, the J. R. Simplot Company had become the largest shipper of fresh potatoes in the nation.
In 1945, Simplot's Soilbuilder/Grower Solutions organization was formed, and Simplot established a canning and dehydrating quick-freeze plant in which employees tested frozen potato products. The Simplot Company is credited with pioneering the first commercial frozen French fry in the late 1940s. In 1953, Simplot patented the frozen French-fried potato, an invention of his scientists that would later make him billions.
In 1967, Simplot and McDonald's founder Ray Kroc agreed by handshake that the Simplot Company would provide frozen French fries to the restaurant chain. Previously, restaurants had cut potatoes at each location for fresh French fries, but the favored Russet potato was not available for three months in the summer, leading to a quality control problem. Simplot was able to supply frozen Russet potatoes all year long. By 1972, all fries were frozen. The frozen fry deal led to expansion of Simplot potato processing plants and construction in 1977 of a new plant at Hermiston, Oregon.

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JR Simplot Latest News

Simplot Games Right on Track with Preparations

J.R Simplot officials say they are thrilled that this is year 41 of the ‘Simplot Games,’ and the Gate City will not only be hosting thousands of athletes, but five Olympians that include Dan O’Brian, ...
Posted: February 8, 2019, 4:27 pm

How an executive’s hair dryer saved the memory chips — tales of Micron’s 40 years

Gov. Butch Otter, who once worked for the late J.R. Simplot and was married to his daughter, tells Micron employees at the Capitol about the first time he and Simplot visited Micron's first office in ...
Posted: December 10, 2018, 3:33 am

Simplot AgriBusiness Group Tabs Reinhardt to Lead Business Development and Optimization

Boise, ID – The J.R. Simplot Company has named G. Rey Reinhardt the Vice President, Business Development and Optimization within its AgriBusiness division effective April 8, 2019. Reinhardt will ...
Posted: April 17, 2019, 2:56 pm
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