Kevin Plank Net Worth is$1 Billion
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Profession: Entrepreneur, Businessperson, Chief Executive Officer
Date of Birth: Aug 10, 1971
Country: United States of America
Kevin Plank is the founder, CEO and chairman of Under Armour Inc., with a net worth of $1 billion. Kevin Plank earned his net worth through his apparel, footwear and accessories for sportswear. He was born in Keningston, Maryland.
Kevin A. Plank (born August 13, 1972) is an American CEO and founder of Under Armour, Inc., a leading manufacturer of sports performance apparel, footwear and accessories based in Baltimore, Maryland.
Plank is the youngest of five brothers, born into a competitive, tight-knit Roman Catholic family. His father, William Plank (died 1993), was a real estate investor and his mother, Jayne Harper Plank, is a former mayor of Kensington, Maryland. Kevin left Georgetown Preparatory School because of poor academic performance, but went on to play football at Fork Union Military Academy. Plank graduated from St. John's College High School, in Washington, D.C., where he remains an active alumnus. He attended the University of Maryland.
At the University of Maryland, he launched various businesses of his own. Plank developed Cupid's Valentine, an annual business that sold roses for Valentine's Day. He put away $17,000 from the rose business, which eventually became seed money for Under Armour. The original concept for Under Armour was born out of necessity, as Plank was the self-proclaimed "sweatiest guy on the football field". Frustrated by his sweat-soaked cotton t-shirts' inability to keep him dry and comfortable, he started the hunt for a material that would wick the sweat from his body to make him lighter and faster.
From local tailor shops in College Park, Maryland to the garment district of New York City, Plank, upon graduating from Maryland in 1996 with a bachelor's degree in business administration, searched for synthetic materials to test his hypothesis. Plank ran through seven prototypes before deciding on the one he wanted to use. He then asked his former teammates to try on the shirts, explaining that his alternative to a basic cotton T-shirt would enhance their performance on the field. As Plank's friends moved on to play professionally, he would send them T-shirts, requesting that they pass them out to other players in their locker rooms. A turning point

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Kevin Plank Latest News

The case for — and against — Under Armour selling itself

Under Armour lost money in 2017 and will lose money again in 2018. On that note, some bearish onlookers think it’s time for founder and CEO Kevin Plank to give in and sell the company. And at an event ...
Posted: November 30, 2018, 5:13 am

Kevin Plank Warns Competitors: Under Armour Will Soon Be 'Something to Deal With' Again (BBJ Story)

Under Armour Inc. CEO Kevin Plank was not ready to declare victory on Tuesday as shares of the sportswear maker surged more than 25 percent in trading. But he did say competitors will have to deal wit...
Posted: October 30, 2018, 2:26 pm

Kevin Durant details what a future statue of him would look like

23, 2017. In February of 2017, Curry criticized Trump after Under Armour CEO Kevin Plank called Trump a "real asset to the country." Just another chapter in the Curry-Trump beef. The Warriors will dis...
Posted: January 15, 2019, 3:57 pm
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