Sports-apparel maker, Under Armour, is the subject of federal investigations by the Department of Justice and the Securities and Exchange Commission over its accounting practices, according to the Wall Street Journal. He was born on August 13, 1972, in Kensington, Maryland, USA. Topline: Uber is laying off 400 employees on its marketing team; We take a look at Sila Technologies, the battery startup founded by one of Tesla's first employees; Under Armour CEO Kevin Plank has stepped up to defend Baltimore amid attacks by the president on the city. Noticing his football teammates' sweat-soaked shirts, Plank came up with a lightweight, sweat-wicking shirt using fabrics from women's undergarments. He has been included on Forbes’ annual 40 Under 40 list and had a net worth estimated at … He is an American by nationality. © 2021 Forbes Media LLC. He is the biggest shareholder of the company. He owns a nearly 16% stake of Under Armour. First, Under Armour CEO Kevin Plank Resigns—Now, The Company Is Under Investigation By The Justice Department And SEC, Bachelor of Arts/Science, University of Maryland; Master of Business Administration, Robert H. Smith School of Business. The Under Armour founder discusses early lessons and pivotal decisions. He has a sibling sister. Plank is designated as a young business leader. Let’s find out! As of May 2020, It is estimated that he has a net worth of $2.5 billion. Maybe you know about Kevin Plank very well But do you know how old and tall is he, and what is his net worth in 2021? However, there are several factors that affect a celebrity’s net worth, such as taxes, management fees, investment gains or … His father, William Plank, was a land developer and mother, Jayne Plank was a mayor of Kensington, who later took charge of the Office of Legislative and Intergovernmental Affairs at the United States Department of State. 2. He is the owner of the Georgetown Mansion in Washington, DC, the USA worth $7.8 Million. Kevin Plank net worth and salary: Kevin Plank is an American businessman who has a net worth of $1.1 billion. Kevin Plank Net Worth (2021) | wallmine AU Biography. Shares of Under ArmourUAA fell before Monday’s open after the company said it received a ‘Wells notice’ from the SEC over its accounting practices. According to Forbes, Kevin Plank has a net worth of $1.7 billion. The above mentioned company is the main source of Kevin Plank’s net worth. All Rights Reserved. He has many luxury cars in his garage, including Jeep, Land Rover Defender, Mercedes, and Hummer, etc. As Under Armour founder and chairmen Kevin Plank unveiled a new brand message – “The Only Way is Through” – SEC filings revealed that in the last quarter a hedge fund made a significant bet on Under Armour’s future performance. “We must protect this house” is the business tagline for Under Armour. After starting from zero, Kevin’s business ideas helped him elevate to his current position as an accomplished, hardworking businessman and entrepreneur. Afterward, he attended the University of Maryland for higher studies in business administration. In 1996, Plank founded Under Armour; on October 22, he announced that he would be stepping down from his role as the company's CEO. He continued to use the "Cupid" name when he later launched his Cupid's Cup competition. Noticing his football teammates’ sweat-soaked shirts, he planned to make sportswear. Under Armour founder Kevin Plank built a popular sportswear brand as the underdog competitor to Nike. Kevin Plank Net Worth The estimated Net Worth of Kevin A Plank is at … Plank got kicked out of his high school after an alcohol-fueled brawl with Georgetown U football players; he later walked onto the U. of Maryland's football team. He was placed 3rd on the Forbes’ list of America’s 20 Most Powerful CEOs under 40. While at University of Maryland, Plank launched Cupid's Valentine, a seasonal business selling roses on Valentine's Day. He is a celebrity Entrepreneur, Businessperson. He founded Under Armour, Inc. in 1996; now a leading manufacturer of sports performance apparel, footwear, and accessories based in Baltimore, Maryland. The move follows more than three years of the sports apparel company’s financial and cultural struggles. (adsbygoogle=window.adsbygoogle||[]).push({}); You have entered an incorrect email address! In the mid 1990s he sold his first shirts from his grandmother's basement, exaggerating to early customers to make the company sound bigger. 1997: Plank sells $100,000 worth of product to twelve NFL football teams. American entrepreneur best known as the founder and CEO of the sportswear company Under Armour. 1996: Plank uses $20k of his personal savings and $40k of credit card debt to launch the company. Afterward, he came up with lightweight, sweat-wicking cotton shirts under the brand name of Under Armour. He started selling from the basement of his grandmother’s house. 2 (Kevin James and Katherine) About Kevin A. Plank American CEO and founder of Under Armour, Inc., Kevin Plank has an estimated net worth of $2.1 billion. Kevin Plank Net Worth is $15.0 Billion(as of 2020) As for the day, Kevin Plank net worth amounts to $4 billion dollars and this makes him one of the richest men in the world. American CEO and founder of Under Armour, Inc., Kevin Plank has an estimated net worth of $2.1 billion. For more, visit Forbes.com/400. He owns a nearly 16% stake of Under Armour. Being the CEO of the second-largest sportswear marketer in America, he is one of the ambitious and successful businessmen in the world. He earned $17,000 from the rose business. While it’s relatively simple to predict his income, it’s harder to know how much Kevin has spent over the years. Furthermore, he is the youngest brother of the family and he has four … Kevin Plank Wiki Biography. Kevin has made over 83 trades of the Under Armour Inc stock since 2006, according to the Form 4 filled with the SEC. Kevin has made over 83 trades of the Under Armour Inc stock since 2006, according to the Form 4 filled with the SEC. Kevin Plank Net Worth. Kevin Plank Net Worth How rich is Kevin Plank? Moreover, in 2018, he received a salary of $26 Thousand from Armour Inc. Six months after finding himself in hot water over comments about President Trump, Kevin Plank has disentangled himself from White House politics. But when it comes to his father, he is an American businessperson, who has a total net worth of $2.1 billion. Lone Pine Capital LLC purchased a nearly 7% stake in the company. Plank is one of the young businessmen in the earth who has the vision to give something new to athletes and sportspersons. Kevin has made over 83 trades of the Under Armour stock since 2006, according to the Form 4 filled with the SEC. Kevin James Plank father has a net worth around $1.8 billion. Kevin Plank is American Entrepreneur with an estimated net worth of $100,000 - $1M.But how did he get his wealth? Under Armour’s Billionaire Founder Kevin Plank Steps Down After Over Two Decades At The Helm, Tesla Alum's $1 Billion Business; Uber Laying Off 400 Employees; Airbnb Host Evicted And Ordered To Pay $123,000, Kevin Plank, Wilbur Ross & More: The 26 People Who Dropped Off The Forbes 400, Under Armour's Kevin Plank And Intel's Brian Krzanich Follow Ken Frazier And Quit President Trump's Manufacturing Council, Kevin Plank's Trump Praise Leads To A Downgrade For Under Armour Stock, How Under Armour CEO Kevin Plank Went From College Fullback To Billion Dollar Boss, Under Armour Follows Google Playbook To Keep Billionaire Kevin Plank In Control, Under Armour Billionaire Kevin Plank Has Had A Very Good Year, Under Armour's Kevin Plank Is The Billionaire Underdog. For Under Armour, Is The Only Way Through? Four million-square-foot headquarters for Under Armour is situated in Baltimore. As a matter of fact, Kevin Plank has put forth much labor and dedication to acquire a huge net profit for the company, respectively. Plank is one of the young businessmen in the earth who has the vision to give something new to athletes and sport… As of April 2020, the total estimated net worth of Under Armour is estimated to be about $3 billion. Kevin Plank’s net worth. He founded Under Armour, Inc. in 1996; now a leading manufacturer of sports performance apparel, footwear, and accessories based in Baltimore, Maryland. During his University days in Maryland, he launched various business ventures. Being born on 13 August 1972, Kevin Plank is 48 years old as of today’s date 20th January 2021. Kevin has made over 83 trades of the Under Armour Inc stock since 2006, according to the Form 4 filled with the SEC. Youtube Meet the 26 who dropped off this year. Kevin Plank built Under Armour from scratch from his grandmother's basement in Washington. Trailing both Bisciotti and Davis is Under Armour founder Kevin Plank with a net worth of $1.1 billion, down from $1.9 billion in 2019. At the end of the year, he has sales totaling $17,000. Under Armour founder and CEO Kevin Plank has stopped work on the nearly 35,000-square-foot, eight-bedroom mansion he was building on the ridge of a historic estate in a rural part of Baltimore County. Kevin Plank net worth is. The 45 years old business person is one of the influential personalities in today’s business world. Kevin Plank is 47 years old as per 2019. In 2012, Plank was ranked number 3 on Forbes’ annual 40 Under 40 list. Regardless of being hitched Kevin was accounted for having a sentimental contribution with MSNBC host Stephanie Ruhle. He is a businessman, the founder and current CEO of the sports clothing and accessories company Under Armour. His birth name is Kevin A. Plank. He rose in Kensington, with his other four brothers. Most recently he sold 398 units of UA stock worth $10,631 on 3 August 2016. The main source of income: CEOs Total Net Worth at the moment 2020 year – is about $3 Billion. Kevin A. Plank was born on the 13 th August 1972 in Kensington, Maryland, USA. Kevin Plank was born on August 13, 1972, in Kensington, Maryland, the U.S. Both Nike And Under Armour’s CEOs Are Stepping Down: Is This The End Of The Imperial And Untouchable CEO? Plank is now worth … He has been included on Forbes’ annual 40 Under 40 list and had a net worth estimated at $3.5 billion as of 2015. The businessman, Kevin is a married man. A large portion of the wealth is from Under Armor. Online estimates of Kevin Plank’s net worth vary. Most recently he sold 398 units of UAA stock worth $10,631 on 3 August 2016. All Rights Reserved, Reflects change since 5 PM ET of prior trading day. Continue to the next page to see Kevin Plank net worth, estimated salary and earnings. © 2021 Forbes Media LLC. The net worth of this company has been made from his business that he runs. Kevin Plank, best known for being a Entrepreneur, was born in Maryland, United States on Sunday, August 13, 1972. Most recently he sold 398 units of UA stock worth $10,631 on 3 August 2016. Well, if you’re ready, let’s start. Kevin James Plank is a celebrity kid of parents' Kevin Plank and Desiree Jacqueline Guerzon (Born on August 2003, Age 16). He is the owner of the Georgetown Mansion in Washington, DC, the USA worth $7.8 Million. Just this week, three CEOs of top U. S. corporations—Mark Parker from Nike, Under Armour’s Kevin Plank and Kevin McAllister from Boeing’s commercial airplanes business unit—all announced that they are stepping down. After 23 years, the founder of Under Armour is stepping down as CEO. As of January 2021, It is estimated that he has a net worth of $2.5 billion. Plank served on Trump's manufacturing council but resigned in August 2017 after the president did not criticize neo-Nazi protestors in Charlottesville, Virginia. We were always smart enough to be naive enough to not know what we could accomplish. He started an annual business project in 2006 named Cupid’s Cup Business and Innovation Competition, which sold roses on Valentine’s Day. On July 22, 2020, Under Armour and two top executives - Kevin Plank and David Bergman. Last updated: 1 January 2021 at 11:00am EST. She is an executive and businesswoman. It’s a good bet he’s there [...], Related by education: University of Maryland, Did Under Armour Fudge Its Numbers? Today, Kevin Plank net worth is pegged at $2.5 billion. Besides his business, he also works for students, youths, and young entrepreneurs. Kevin Plank Net Worth, Age, Height, Weight, Early Life, Career, Bio, Dating, Facts November 10, 2020 Kevin A. Plank is an eminent American entrepreneur and businessperson who is the founder, CEO, and Chairman of famous sports gear brand Under Armour. His Baltimore based company manufacturers sport performance clothes, footwear, and accessories. Facebook. He has been included on Forbes' annual 40 Under 40 list and had a net worth estimated at $3.5 billion as of 2015. Kevin Plank started the sportswear company in 1996 while playing football at the University of Maryland. His height is 1.85 m tall, and his weight is 77 kg. 1995: Plank comes up with the idea for Under Armour while playing football at the University of Maryland. In his childhood, he joined Georgetown Preparatory School but was forced to leave the school because of his poor performance in academic and some behavioral problems. He has another house in Rehoboth Beach, Delaware. Kevin Plank Net Worth (2020) | wallmine The Kevin Plank net worth and salary figures above have been reported from a number of credible sources and websites. All of this has helped push the sports apparel company’s stock down 60% in the last year and knocked $1.3 billion off its founder’s net worth. On Tuesday, Under Armour founder Plank said he would vacate the CEO role after over two decades. Most recently he sold 398 units of UA stock worth $10,631 on 3 August 2016. View recent updates on Kevin Plank’s earnings, income, bio, and facts below ⤵ Under Armour CEO Kevin Plank is stepping back from the position in 2020. see photosPhoto Credit: Helen Norman, Style Director: Joseph De Acetis, Grooming: Kristan SerafinoClick for full photo gallery: Under Armour's CEO: Kevin Plank's Triple Crown Winning Style Under Armour founder and CEO, Kevin Plank, likes to think of himself as the underdog, the man who is taking on the sports apparel industry’s [...], see photosPhoto Credit: Helen Norman, Style Director: Joseph De Acetis, Grooming: Kristan SerafinoClick for full photo gallery: Under Armour's CEO: Kevin Plank's Triple Crown Winning Style For the second straight year, Under Armour founder and chief executive, Kevin Plank, is on the Forbes Billionaire list. Kevin Plank is best known as a Entrepreneur. 3.9 Billion Kevin Plank Wiki: Salary, Married, Wedding, Spouse, Family Kevin A. Plank (born August 13, 1972) is an American CEO and founder of Under Armour, Inc., a leading manufacturer of sports performance apparel, footwear and accessories based in … With a minimum net worth of $2 billion, it is tougher than ever to stay on the Forbes 400. Plank started a real estate business in 2017 named Sagamore Development, which is one of the prime multi-billion-dollar development projects in Baltimore’s Port Covington locality. As the CEO of Under Armour, he brought the company public in 2005. In his childhood, he played football for the Maplewood Maple Leafs, and later, he went to play football at Fork Union Military Academy. Email. Under Armour is the subject of a stock downgrade in the wake of commentary from CEO Kevin Plank that praised President Trump. Kevin Plank Net Worth (2020) | wallmine Kevin Plank, Wilbur Ross & More: The 26 People Who Dropped Off The Forbes 400 With a minimum net worth of $2 billion, it is tougher than ever to stay on the Forbes 400. With de facto stock split, Under Armour ensures founder Kevin Plank will keep his grip on the apparel company. He has donated $16 million to the University of Maryland for development and $5 million to East Baltimore youth center. The downgraded cited "reputational risk" to the business from Plank's remarks. He is a founder and chief executive manager of Under Armour, an American sports clothing and accessories company with its headquarters in Baltimore, Maryland. Save my name, email, and website in this browser for the next time I comment. He started from zero, but with his dedication, focus, and passion, he has built a billion-dollar empire in the business world. They flew around in … They are blessed with two children. He wedded Desiree Jacqueline Guerzonhitched. Forbes ranked Plank at No. This video is part of a series of behind-the-scenes content and interviews from Daymond John of ABC’s Shark Tank’s new book, The Power of Broke. He completed his graduation from St. John’s College High School. Kevin James Plank Net Worth Kevin James is yet to start his career. America's Top Givers: The 25 Most Philanthropic Billionaires, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, The Under Armour Troubles That Preceded Kevin Plank Stepping Down. He has another house in Rehoboth Beach, Delaware. PHOTO: DON EMMERT/AFP via Getty Images Plank, 47, is also the most recognizable face of the company, for better or worse. American entrepreneur best known as the founder and CEO of the sportswear company Under Armour. They are Kevin James Plank and Katherine Plank. He believes in innovation, teamwork, and thought to exchange. The Under Armour CEO announced Monday evening that he will no longer serve on the president's council on manufacturing and jobs. Cupid's Valentine earned $3,000, which Plank used as seed money for Under Armour. Under his leadership in 2010, the company’s revenues rose to $1 billion. In the list of things that he owns is a … If you do not know, We have prepared this article about details of Kevin Plank’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. He owns a home in Rehoboth Beach, Delaware, and another house in Georgetown, Washington DC worth almost $8 million. His father’s name is William Plank who was a prominent Maryland land developer. Kevin Plank net worth: $100,000 - $1M. Plank married to Desiree Guerzon in 2003, and the couple has two children, son James, and daughter Catherine. Kevin A. Plank is an eminent American entrepreneur and businessperson who is the founder, CEO, and Chairman of famous sports gear brand Under Armour. His mother’s name is Jayne Harper Plank is a former mayor of Kensington. Kevin Plank Net Worth (2021) | wallmine The couple weddedin 2003. For this question we spent 25 hours on research (Wikipedia, Youtube, we read books in libraries, etc) to review the post. According to Bloomberg’s Billionaires Index and Forbes billionaires' list, the richest people in the world we know of are the people such as Jeff... Kevin Plank Net Worth 2021: Age, Height, Weight, Wife, Kids, Bio-Wiki, Top 10 Richest People in the World 2021 – Latest Update, Top 13 Richest Women in the World 2021 – Latest Update. He has many luxury cars in his garage, including Jeep, Land Rover Defender, Mercedes, and Hummer, etc. An exclusive interview with Kevin Plank, Founder and CEO of Under Armour. This esteemed American company has been established successfully with its global presence in providing varied kind of manufacturing products such as clothing, sporting equipment, accessories, and footwear. Its first full year in business, in 1996, Under … He is building a 4 million-square-foot headquarters for Under Armour in Baltimore as part of a larger development called Port Covington. 1. He launched his business with the money earned from the rose business. The most ambitious and hardworking CEO wishes to see his company as the world’s number one performance athletic brand. Plank, who is Under Armour's CEO, took the company public 2005; he owns a nearly 16% stake. As of 2021, The net worth of Kevin Plank is estimated to be over $2.3 billion. SEC Is Investigating And Sends Kevin Plank A “Wells Notice”. Kevin Plank was born on August 13, 1972 (age 48) in Maryland, United States. Reserved, Reflects change since 5 PM ET of prior trading Day estimated that has. In business administration facto stock split, Under Armour, is the Only Way Through risk '' to Form. 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