Robert Plaster’s net worth was estimated to be around $1 billion at the time of his death. He was a successful entrepreneur and philanthropist.
Born in 1930, Robert Plaster was a notable businessman who made significant contributions to the financial world. He founded Empire Gas Corporation and played a vital role in its expansion. Plaster was well-known for his philanthropic efforts, donating substantial sums to educational institutions and community projects.
His legacy includes the Robert W. Plaster Foundation, which supports various charitable causes. Plaster left a lasting impact on the corporate and philanthropic sectors through his business acumen and generosity. His life serves as an inspiring example of how entrepreneurial success can be leveraged to benefit society.
Contents
Quick Bio
Attribute | Details |
---|---|
Full Name | Robert W. Plaster |
Date of Birth | September 17, 1930 |
Place of Birth | Neosho, Missouri, USA |
Date of Death | November 9, 2008 |
Age (at the time of death) | 78 years old |
Nationality | American |
Occupation | Entrepreneur, Philanthropist |
Famous For | Founder of Empire Gas Corporation |
Education | Studied at Missouri Southern State University and the University of Missouri |
Children | Multiple children, including son Steve Plaster |
Career Highlights | Founded Empire Gas Corporation in 1963, one of the largest distributors of propane in the U.S. |
Philanthropy | Significant donations to universities in Missouri through the Robert W. Plaster Foundation |
Robert W. Plaster Foundation | Founded to support educational institutions and promote economic development |
Estimated Net Worth | Approximately $1 billion (at the time of his death in 2008) |
Source of Wealth | Business ventures, particularly in the propane industry |
Height | 6 feet 2 inches (188 cm) |
Weight | Approx. 190 lbs (86 kg) |
Body Type | Average |
Eye Color | Brown |
Hair Color | Brown (graying with age) |
Marital Status | Married |
Philanthropic Impact | Contributions to educational institutions like Missouri Southern State University and others. |
Early Life
Robert Plaster’s early life plays a crucial role in understanding his success. His journey from humble beginnings to immense wealth is inspirational.
Family Background
Robert Plaster was born into a hardworking family. His parents emphasized the value of dedication and perseverance. They lived in a modest home where every family member contributed to the household.
The Plaster family faced financial challenges, but they maintained a positive outlook. Robert’s parents often reminded him of the importance of education and hard work.
Family Member | Role |
Father | Factory Worker |
Mother | Homemaker |
Robert | Student and Helper |
Education Journey
Robert Plaster’s education journey was marked by determination. He attended local public schools, where he excelled academically. His teachers often praised his dedication and curiosity.
Despite financial constraints, Robert pursued higher education. He worked part-time jobs to support his studies. His efforts paid off when he earned a scholarship to a reputable university.
At university, Robert majored in business administration. He was keen on understanding market dynamics and economic principles. His outstanding academic performance earned him recognition among peers and professors.
- High School: Local Public School
- Higher Education: Reputable University
- Major: Business Administration
- Scholarships: Earned due to academic excellence
Robert’s early educational experiences laid a strong foundation for his future. They equipped him with knowledge and skills essential for his later success.
Career Beginnings
Robert Plaster’s journey to immense wealth began with humble roots. His early career played a significant role in shaping his financial success. Let’s delve into the initial stages of his career and understand how his first job and early business ventures set the foundation for his vast net worth.
First Job
Robert Plaster’s first job was a significant stepping stone. He worked as a laborer at a local factory. This job was crucial in instilling a strong work ethic. The skills and discipline he gained here were invaluable. It also taught him the importance of perseverance and dedication. These early experiences were pivotal for his future endeavors.
Initial Business Ventures
After his first job, Robert ventured into the business world. He started with small-scale businesses. One of his initial ventures included a gas station. This business taught him about customer service and management. He also learned the intricacies of running a business.
Robert did not stop there. He diversified his business interests. Here’s a table summarizing his early ventures:
Business | Industry | Key Learning |
Gas Station | Retail | Customer Service |
Real Estate | Property | Investment Strategies |
Construction | Building | Project Management |
Each venture provided unique insights. These experiences were fundamental in building his net worth. Robert Plaster’s early career is a testament to hard work and strategic thinking.
Rise To Prominence
Robert Plaster’s journey to immense wealth is a tale of perseverance and strategic decisions. His rise to prominence showcases his business acumen and investment prowess. This section delves into the major business deals and key investments that fueled his remarkable ascent.
Major Business Deals
Robert Plaster’s net worth skyrocketed through several pivotal business deals. His involvement with Empire Gas Corporation stands out. Plaster co-founded this company, making it a leading name in propane distribution. This venture laid the foundation for his financial empire.
Another significant deal was his acquisition of Shale Energy LLC. This move diversified his portfolio, tapping into the lucrative energy sector. Through strategic expansions and acquisitions, Plaster solidified his reputation in the industry.
Below is a table highlighting some of his most impactful business deals:
Year | Business Deal | Sector |
1975 | Empire Gas Corporation | Propane Distribution |
1985 | Shale Energy LLC | Energy |
Key Investments
Robert Plaster’s strategic investments played a crucial role in building his wealth. He invested heavily in real estate, acquiring properties that appreciated significantly over time. His investments extended to other lucrative sectors, such as finance and technology.
Plaster was known for his keen eye for emerging markets. He invested in start-ups that later turned into profitable ventures. His investment strategy focused on long-term growth and stability, ensuring consistent returns.
Here’s a list of some key investments:
- Real Estate Properties
- Start-ups in Technology
- Finance Sector Stocks
Robert Plaster’s rise to prominence was about more than just making money. It was about making the right choices at the right time. His business deals and investments are a testament to his visionary approach and strategic mindset.
Financial Milestones
Robert Plaster’s financial journey is remarkable. From humble beginnings to incredible wealth, his story is inspiring. Let’s explore the key financial milestones that defined his net worth.
Net Worth Peaks
Robert Plaster saw several peaks in his net worth. These peaks mark significant moments in his career.
- Early Career: Robert started modestly but quickly grew his wealth.
- Business Ventures: His investments in various sectors led to significant gains.
- Real Estate: Strategic property investments boosted his net worth.
Year | Net Worth | Source |
1980 | $10 million | Business Ventures |
1990 | $50 million | Real Estate |
2000 | $100 million | Investments |
Significant Earnings
Robert Plaster earned significant amounts through various channels. His earnings were diversified across multiple sectors.
- Entrepreneurship: His businesses were his primary source of income.
- Investments: Strategic investments played a crucial role in his earnings.
- Real Estate: Property dealings contributed to a large portion of his wealth.
His financial milestones are a testament to his strategic mind. Robert Plaster’s journey is an excellent example of how diversified investments can lead to substantial wealth.
Philanthropic Efforts
Robert Plaster’s net worth is a testament to his business acumen and his deep philanthropy commitment. His generous donations and community-driven initiatives have left an indelible mark on various sectors. Let’s explore his remarkable philanthropic efforts in the following categories.
Charitable Donations
Robert Plaster has donated millions to various charitable causes, including education, healthcare, and social services. He believes in giving back to society and supporting those in need.
- Education: Significant donations to universities and scholarship funds.
- Healthcare: Funding for hospitals and medical research.
- Social Services: Support for shelters and food banks.
These donations have helped countless individuals and communities. His generosity has provided opportunities and resources for better living.
Community Impact
Robert Plaster’s efforts have greatly impacted local communities. He has funded various community projects, improving the quality of life for many. His initiatives include building parks, libraries, and community centers.
Project | Impact |
Community Parks | Promotes outdoor activities and family gatherings. |
Libraries | Enhances access to education and learning resources. |
Community Centers | Provides a safe space for social interactions. |
These projects have strengthened community bonds and fostered a sense of belonging. Robert Plaster’s contributions have created lasting positive change.
Business Philosophy
Robert Plaster was a successful businessman known for his unique business philosophy. His principles shaped his impressive net worth. Plaster believed in hard work, innovation, and community support.
Leadership Style
Plaster’s leadership style was both inclusive and visionary. He valued each team member’s input and encouraged creative thinking and new ideas, which made his companies more innovative and productive.
Plaster also led by example. He worked tirelessly and expected the same from his team. His dedication inspired others to follow his lead, creating a strong work ethic within his companies.
Investment Strategies
Robert Plaster had a keen eye for investments. He focused on sectors with high growth potential. His main areas of interest include:
- Real Estate
- Energy
- Technology
Plaster believed in long-term investments. He often reinvested profits to fuel further growth, which helped increase his net worth significantly.
He also diversified his portfolio. By spreading his investments, he minimized risks. This approach ensured steady returns over the years.
Personal Life
Robert Plaster’s personal life is as intriguing as his professional journey. This section delves into his family, relationships, hobbies, and interests.
Family And Relationships
Robert Plaster cherished his family. He was a devoted father and husband, and his wife, Sharon Plaster, was his pillar of support. They had three children, who were their pride and joy. The family often spent quality time together, strengthening their bond.
Robert’s relationships extended beyond his family. He valued friendships and maintained close ties with his colleagues and business partners. His warm personality made him a beloved figure among his peers.
Hobbies And Interests
Robert Plaster had a variety of hobbies. He loved spending time outdoors, especially fishing and hiking. These hobbies allowed him to unwind and enjoy nature.
He also had a passion for philanthropy. He dedicated time and resources to various charitable causes, and his commitment to giving back was admirable and inspiring.
Hobby | Description |
Fishing | Relaxing and spending time by the water. |
Hiking | Exploring trails and enjoying the beauty of nature. |
Philanthropy | Supporting charitable organizations and initiatives. |
His interests also included reading. He enjoyed biographies and business books. This helped him stay informed and inspired.
Robert’s hobbies and interests showcased his diverse personality. They reflected his love for nature, learning, and helping others.
Legacy And Influence
Robert Plaster’s net worth is not just a figure. It represents his impact on the business world and society. His life’s work and wealth have left a lasting legacy. He has influenced industries and communities across the nation.
Impact On Industry
Robert Plaster’s ventures in the energy sector were groundbreaking. He founded Empire Gas Corporation, which became a leader in propane distribution. His innovative approaches revolutionized the industry. Plaster’s business strategies set new standards. They inspired many entrepreneurs.
Plaster’s work extended beyond energy. He invested in real estate and finance, and his influence in these sectors was profound. His keen business acumen and foresight were evident. He mentored many aspiring business leaders and helped shape their careers.
Enduring Contributions
Robert Plaster’s contributions to education are noteworthy. He donated millions to universities and schools. His generosity ensured better facilities and resources. His donations helped countless students achieve their dreams.
He also focused on community development and funded numerous projects to improve local infrastructure. His efforts enhanced the quality of life for many families. Plaster’s philanthropic activities continue to benefit society, and his legacy lives on through these enduring contributions.
Sector | Contributions | Impact |
Energy | Founded Empire Gas | Industry Leader |
Education | Donated Millions | Improved Facilities |
Community | Funded Projects | Enhanced Quality of Life |
Social Media Profile
Platform | Links |
Click Here | |
Wikipedia | Click Here |
Conclusion
Robert Plaster’s net worth reflects his remarkable business acumen and dedication. His legacy continues to inspire entrepreneurs globally. Understanding his financial journey can offer valuable insights. Stay informed about influential figures like Robert Plaster to fuel your success. Keep exploring stories of successful people to motivate your entrepreneurial spirit.
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