Tuesday, October 17, 2017

Kevin Planks drops off Forbes 400 ranking of richest Americans

Under Armour Inc. CEO Kevin Plank dropped off this year’s Forbes 400 list of the richest Americans, following a nearly 60 percent decline in the company’s stock price over the last year. Plank, who has been on the list since 2012, was among 26 people to fall off the ranking. Plank’s estimated net worth is now $1.3 billion, short of the minimum net worth of $2 billion of this year Forbes 400, up 18 percent over last year. Plank’s peak net worth was $3.9 billion in 2015, according to Forbes. Overall,…



from https://www.bizjournals.com/baltimore/news/2017/10/17/kevin-planks-drops-off-forbes-400-ranking-of.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/166502797712

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