Kenny Troutt

Kenny A. Troutt
Born 1948
Mount Vernon, IL, U.S.
Occupation Founder and former Excel Communications CEO
Spouse(s) Lisa E. Copeland
Notes
Forbes ranked #1,222th richest person in the world (2014)[1]

Kenny A. Troutt (born 1948) was the founder of Excel Communications, a Texas-based telecommunications company that offered long distance phone service. Troutt became a billionaire in 1998 when Excel was sold to Teleglobe for $3.5 billion. As of 2014, his net worth was approx. US$1.5 billion.[1]

Today, Troutt is the sole owner of WinStar Farm[2], an elite 2,400 acre thoroughbred horse farm in Versailles, Kentucky.[1] He is also the Chairman of Mt. Vernon Investments.[3] Troutt has won the Kentucky Derby twice, Preakness Stakes once, and the Belmont Stakes three times including the 13th Triple Crown. He is the owner of Justify, the winner of the 13th Triple Crown. Some notable stallions from Winstar Farm include Super Saver, winner of the 2010 Kentucky Derby; Drosselmeyer, winner of the 2010 Belmont Stakes; Creator, winner of the 2016 Belmont Stakes; and Justify, winner of the 13th Triple Crown.[4][5]

Troutt is a major Republican donor, and has contributed to American Crossroads, Rick Perry, Rick Santorum,[6] and "Kentuckians for Strong Leadership", a super PAC backing Mitch McConnell.[7] Troutt's son, Preston, has also donated to Republican Party candidates.[6]

In 2005 Troutt started the first of three youth basketball teams, known as the Titans, for his sons and the son of a business partner. The teams have an annual budget of $3 million.[8]

Sources

  • The Excel Phenomenon by James Robinson, Bantam Doubleday. Inc

References

  1. 1 2 3 "#1222 Kenny Troutt". Forbes. Retrieved 26 October 2014.
  2. ↑ "Team - WinStar Farm - Thoroughbred Stallions - Versailles, KY". WinStar Farm. Retrieved 2018-06-05.
  3. ↑ "Company Overview of Mt. Vernon Investments".
  4. ↑ "'I was hoarse down the stretch': Triple Crown winner Justify's owner, Dallas' Kenny Troutt, speaks to The News". SportsDay. 2018-06-09. Retrieved 2018-08-07.
  5. ↑ "Triple Crown winner Justify's owner is a Dallas resident". WFAA. Retrieved 2018-08-07.
  6. 1 2 Slater, Wayne (16 July 2012). "Romney reports more than $13 million raised in Texas". The Dallas Morning News. Retrieved 1 December 2013.
  7. ↑ Clozel, Lalita (17 October 2014). ""Grassroots" Groups Flooded with Big Donor Cash in Third Quarter". Center for Responsive Politics. Retrieved 26 October 2014.
  8. ↑ Melby, Caleb (15 July 2013). "Billionaire Kenny Troutt Founded America's Most Indulgent, Most Successful Youth Basketball Team". Forbes. Retrieved 26 October 2014.
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