BELOIT, Wisc. – A remarkable journey of determination and perseverance led Diane Hendricks to become the richest self-made woman in America. At the age of 10, Hendricks set her sights on a career in the business world, a dream that would ultimately materialize after decades of hard work.
Hendricks, now 77, co-founded ABC Supply, a roofing materials company, in 1982 with her late husband Ken. The couple identified a gap in the market for one-stop shops offering materials from various manufacturers, a move that would pave the way for their success. With a $900,000 loan from Beloit Savings Bank and a commitment to their vision, they launched ABC Supply.
The company quickly expanded, reaching 50 stores within five years. By 1998, ABC Supply achieved $1 billion in annual sales, a testament to Hendricks’ business acumen and dedication. She attributes their success to raising the standard of respect and professionalism in the contracting industry, a cornerstone of their business philosophy.
Before the company’s growth to over 900 locations, Hendricks reflected on her humble beginnings on a dairy farm in Osseo, Wisconsin. Despite early challenges, including becoming a mother at 17, Hendricks pursued her dream of a career in business. From waitressing as a Playboy Bunny to venturing into real estate, she never wavered in her pursuit of success.
As the sole owner of ABC Supply since 2007, Hendricks remains actively involved in the company’s operations. She expressed her intention to pass down the business to her children, underscoring her commitment to its legacy. Amidst her immense wealth, Hendricks’s dedication to her employees and the community remains unwavering.
Hendricks’ remarkable story serves as a testament to the power of perseverance and the value of hard work. Through foresight, innovation, and unwavering dedication to her vision, she has solidified her place as a trailblazer in the business world. As she continues to lead ABC Supply to new heights, Hendricks inspires aspiring entrepreneurs and business leaders worldwide.