Ron Pratte Net Worth is$350 Million
Ron Pratte Net Worth,
Ron Pratte is an American businessman / entrepreneur, with a net worth of $350 million. Ron Pratte has earned his wealth as the founder and former CEO of Pratte Development Company, Inc., one of the biggest wood framing and concrete foundation companies in the United States. He is famous for his elaborate car collection. Pratte Development Co. is located in Phoenix, AZ. They are a privately held company that manufacturers structural wood products. Pratte sold the development company to Pulte homes at the peak of the housing boom in Arizona. Due to the great timing of this deal, Pratte was able to cash out before the housing market crashed. This Arizona multi-millionaire is a big car buff. In his vast collection of fine automobiles is the Shelby GT500, he purchased, in 2008, for nearly $650,000 and last year's $4.1 million purchase of the Futurliner bus. Pratte has also given to charity almost as much as his spends on cars. He has even donated the Tony Stewart race car to the Gwynn Foundation, after winning it at an auction. The Gwynn Foundation than sold the race car a second time and raised $165,000 to buy electric wheelchairs for kids. Due to the bids received in the first auction for Stewarts car and the proceeds from the second auction, a total of 1/2 million dollars was raised to help support those afflicted for Muscular Dystrophy. He also purchased the 2006 Jeff Gordon Monte Carlo for $500,000, where the proceeds went to the National Marrow Donor Program. Pratte started building his vast car collection at the B-J auction in 2003, by buying 52 cars. More of his awesome cars include; the last Sting Ray, the first T-bird off the assembly line, the Oldsmobile F-88 show car and The Beverly Hillbillies Woody.