Forrest Preston
Forrest Preston | |
|---|---|
| Born | Forrest Lee Preston Massachusetts |
| Nationality | American |
| Alma mater | Walla Walla College Oregon State University |
| Spouse | Kathleen |
Forrest Lee Preston is an American billionaire businessman. He is the founder, owner, Chairman and Chief Executive Officer of Life Care Centers of America, a long-term elderly care company he founded in 1970.
Early life
Forrest Preston was born and grew up in Massachusetts, the son of a Seventh Day Adventist pastor father,[2] Benjamin M. Preston and his wife Ethel Preston.[3] His father died in 1994, and Preston endowed the Benjamin M. Preston scholarship at Atlantic Union College, of which his father was an alumnus.[4]
He was educated at Walla Walla College and Oregon State University.[1]
Career
Together with his brother Winton Russell Preston (who had already founded Preston Printing in Cleveland in 1955), he co-founded a company called Hospital Publications to create patient booklets and public relations materials for hospitals, and the company operated until 1972.[3]
In 1970, Preston founded Life Care Centers of America, and is the sole owner, chairman and CEO.[5]
As of September 2015, he had a net worth of US$2.1 billion.[1]
Personal life
He is married to Kathleen Preston[6] and lives in Cleveland, Tennessee.[1]
References
- ^ a b c d "Forrest Preston". Forbes. Retrieved 13 September 2015.
- ^ Green, Alex (27 April 2015). "How Forrest Preston built Life Care Centers into the biggest privately held company in the industry". timesfreepress. Retrieved 13 September 2015.
- ^ a b "Preston, Winton Russell". chattanoogan. Retrieved 13 September 2015.
- ^ http://docs.adventistarchives.org/docs/ALUG/ALUG19951201-V94-12__C.pdf
- ^ "Executive Profile Forrest L. Preston". bloomberg. Retrieved 13 September 2015.
- ^ http://www.hendersonvillelightning.com/news/4133-business-briefs-lake-pointe-exec-ecusta-trail-endorsed-bar-president.html