Kenny Troutt

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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 used multi-level marketing to offer 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]

Troutt is a major Republican donor, and has contributed to American Crossroads, Rick Perry, Rick Santorum,[2] and "Kentuckians for Strong Leadership", a super PAC backing Mitch McConnell.[3] Troutt's son, Preston, has also donated to Republican Party candidates.[2]

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 dollars.[4]

Troutt owns Winstar Farm, a thoroughbred horse farm in Versailles, Kentucky.[1]

Sources[edit]

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

References[edit]

  1. ^ a b c "#1222 Kenny Troutt". Forbes. Retrieved 26 October 2014. 
  2. ^ a b Slater, Wayne (16 July 2012). "Romney reports more than $13 million raised in Texas". The Dallas Morning News. Retrieved 1 December 2013. 
  3. ^ Clozel, Lalita (17 October 2014). ""Grassroots" Groups Flooded with Big Donor Cash in Third Quarter". Center for Responsive Politics. Retrieved 26 October 2014. 
  4. ^ Melby, Caleb (15 July 2013). "Billionaire Kenny Troutt Founded America's Most Indulgent, Most Successful Youth Basketball Team". Forbes. Retrieved 26 October 2014. 

External links[edit]