Dennis Washington

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Dennis Washington
DennisWashington (cropped).jpg
Born (1934-07-27) July 27, 1934 (age 85)
NationalityAmerican
OccupationOwner, Washington Group Intl. and Seaspan Marine Corporation
Net worthUS$6.7 billion (January 2020)[1]
Spouse(s)Phyllis Washington
Children2 sons

Dennis R. Washington (born 1934) is an American billionaire industrialist who owns, or co-owns controlling interests in, a large consortium of privately held companies collectively known as the Washington Companies and, in Canada, another collection of companies known as the Seaspan Marine Corporation.

Early life[edit]

Born in Spokane, Dennis Washington grew up in Spokane, Bremerton, Washington, and Missoula, Montana.[2] His parents separated when he was very young, and Washington lived with his mother. He rarely saw his father, who worked in construction overseas. Washington did not grow up in a wealthy family. Additionally, he states his parents' divorce as his motivation to provide his own wife and children with a stable family environment.[3]

Career[edit]

Following graduation from high school, he worked in construction in Alaska and Montana. He began his business career at age 30 in 1964, with a $30,000 loan and a single bulldozer[citation needed]. He created Washington Construction, which worked primarily on highway contracts and by 1969 was the largest contractor in Montana.[citation needed]

In the 1970s he moved into mining and dam construction. In 1986 he acquired a copper and molybdenum mine at Butte, Montana. He successfully reopened the mine and it became a very profitable operation. This success helped him diversify into railroads, marine services, coastal shipping, aviation and real estate. In 1996 Washington Construction acquired global construction and engineering company Morrison-Knudsen Corporation of Boise, Idaho, creating Washington Group International.[citation needed]

Included in the Washington Companies' holdings are:[citation needed]

Personal life[edit]

Attessa IV in North Vancouver, Canada

Washington is married to Phyllis and lives in Missoula, Montana. His son, Kyle Washington, is co-chairman of Seaspan Marine Corporation.[1]

Washington also owns a large private estate on Stuart Island, British Columbia, including a luxury fishing lodge and golf course. The Washington–Grizzly Stadium for football at the University of Montana is named for him.[citation needed]

His private yacht Attessa IV has been featured in Forbes magazine.[4] He has a Boeing Business Jet, 737-700 registration N162WC.[5]

See also[edit]

References[edit]

  1. ^ a b "Forbes profile: Dennis Washington". Forbes. Retrieved 8 January 2020.
  2. ^ Tribune Staff. "125 Montana Newsmakers: Dennis Washington". Great Falls Tribune. Retrieved August 27, 2011.
  3. ^ Kroll, Luisa. "Billionaire Highway Man: Life Lessons Dennis Washington Learned When He Was 25". Forbes. Retrieved 2018-09-15.
  4. ^ "Attessa IV". Forbes.
  5. ^ "BBJ N162WC Flying With Advanced Technology Winglet - Airliners.net". www.airliners.net.

External links[edit]