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J R Simplot
J R Simplot Net Worth is $3.7 Billion. J. R. Simplot was an Iowa-born entrepreneur with an estimated net worth of $3.7 billion dollars. J.R. Simplot founded the agricultural supply company, the J. R. Simplot Company, which focused on potato producti. John Richard ("Jack" or "J.R...

J R Simplot Net Worth is $3.7 Billion.

J R Simplot Net Worth is $3.7 Billion. J. R. Simplot was an Iowa-born entrepreneur with an estimated net worth of $3.7 billion dollars. J.R. Simplot founded the agricultural supply company, the J. R. Simplot Company, which focused on potato producti John Richard Simplot 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 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, Simp...
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J R Simplot Latest News

Simplot's CEO announces retirement

BOISE — J.R. Simplot Company’s chief executive officer announced his retirement on Friday. Bill Whitacre was the company’s sixth CEO since the founder Jack Simplot stepped down in 1973, according to a press release. His replacement will be selected ...
Posted: April 7, 2018, 4:27 am

J.R. Simplot Company's CEO to retire

The chief executive officer of the J.R. Simplot Co. has announced his retirement. The Idaho-based company announced Friday that Bill Whitacre will step down from his top post in August after serving the company for the past 18 years. He has been the ...
Posted: April 8, 2018, 10:37 pm

Frozen vegetable plant reopening 2 years after deadly outbreak

The plant was owned by CRF Frozen Foods and is set to reopen as a new joint venture between J.R. Simplot and CRF’s parent company, R.D. Offutt, according to the Tri-City Herald newspaper. The company’s new name will be Simplot RDO. The company has ...
Posted: March 23, 2018, 5:00 am

Simplot CEO to retire after 18 years at Boise company

BOISE - Bill Whitacre, who spent the past nine years as chief executive officer of the J.R. Simplot Co., announced his retirement. Whitacre, the company's sixth CEO since founder J.R. "Jack" Simplot stepped down in 1973, spent 18 years with the company and ...
Posted: May 8, 2018, 5:00 am

Simplot names Garrett Lofto President and Chief Executive Officer

BOISE – The J.R. Simplot Company has named Garrett Lofto President and CEO. Lofto has been the President of the Company’s AgriBusiness group since 2009 and has spent 26 years working for Simplot. He succeeds Bill Whitacre who announced his retirement ...
Posted: May 15, 2018, 6:18 pm
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