Bill Pulte

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Bill Pulte
Born William John Pulte
(1932-05-16)May 16, 1932
Detroit, Michigan, U.S.
Died March 7, 2018(2018-03-07) (aged 85)
Naples, Florida, U.S.
Known for Founder of PulteGroup
Spouse(s)
Karen Koppal (m. 1993)
Children 9

William John Pulte (May 16, 1932 – March 7, 2018) was a billionaire and the founder and chairman of PulteGroup, one of the largest home construction and real estate development companies in the United States.

Biography[edit]

Early life and education[edit]

Pulte attended De La Salle Collegiate High School in Detroit. He was a three sport varsity athlete in football, track and basketball.[1]

Career[edit]

In 1950, just after graduating high school, Pulte and 5 friends built a 5-room bungalow near Detroit City Airport, which they sold for $10,000.[2]

In 1956, he founded William J. Pulte Inc.[3]

In 1959, he built his first subdivision.[2][3]

In 2016, after Richard Dugas Jr., the former chief executive officer of the company, moved the headquarters of the company from Bloomfield Hills, Michigan to Atlanta and initiated a change in direction for the company, Bill Pulte, who owned 9% of the company, pressured Dugas to resign.[4]

Death[edit]

Pulte died at his home in Naples, Florida, on March 7, 2018, at the age of 85.[5][3][2]

References[edit]

  1. ^ Schuler, Joe (2006). Building a Legacy (The Bill Pulte Story). SangFroid Press. ISBN 978-0917939129.
  2. ^ a b c "The Pulte Family Shares Passing of William J. Pulte, Founder of PulteGroup (PHM), and Transition Plans" (Press release). PR Newswire. March 7, 2018.
  3. ^ a b c PINHO, KIRK (March 7, 2018). "PulteGroup founder William Pulte dies at age 85". Crain Communications.
  4. ^ PINHO, KIRK (April 4, 2016). "PulteGroup chairman, CEO Dugas to retire under pressure". Crain Communications.
  5. ^ Kirkham, Chris (March 7, 2018). "Bill Pulte, Who Made Home-Building a Big Business, Dies at 85". The Wall Street Journal.