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Glen Taylor celebrates Minnesota business achievements. Photo courtesy of local sources.
Glen Taylor is a name synonymous with business success in Minnesota. Known for his impressive empire and major sports investments, Taylor’s journey from modest beginnings to vast wealth is both fascinating and inspiring. This article explores who Glen Taylor is, how he achieved his status, and his enduring impact on Minnesota’s landscape.
Born in 1941, Glen Taylor grew up on a farm near Mankato, Minnesota. As a child, he experienced a simple, hardworking lifestyle. His family raised chickens and sold eggs in town to earn a living. These formative years taught him resilience and the value of hard work.
In 1975, Taylor made a bold move by purchasing a small wedding services business for $2 million. With a keen business sense, he transformed this firm into Taylor Corp., now a leading printing and communications company. Today, Taylor Corp. boasts annual sales exceeding $2 billion. Learn more about Glen Taylor’s rise in this detailed Forbes profile.
Glen Taylor didn’t stop at printing. Over the years, he expanded his interests into various sectors. He owns the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota Lynx. In 2014, Taylor acquired the Minnesota Star Tribune, solidifying his influence in media. His diverse portfolio illustrates his strategic vision and business acumen.
According to Yahoo Finance, Taylor is valued at $2.9 billion, making him the richest person in Minnesota. His investments in sports franchises and media have not only grown his wealth but also impacted Minnesota’s cultural and economic landscape.
Glen Taylor has played a significant role in Minnesota beyond the boardroom. He served as a Republican state senator from 1981 to 1990, including a term as minority leader. Taylor’s leadership extended to civic engagement and philanthropy, further highlighting his commitment to Minnesota’s future.
Taylor is respected by both business peers and sports fans. His ownership of iconic local teams has delivered greater exposure and resources to Minnesota athletics. For example, during the FA Trophy Final, Glen Taylor gave fans unique behind-the-scenes access to the atmosphere surrounding big sporting events. Moments like these foster strong connections with the community and local sports culture.
Glen Taylor’s story embodies the classic American dream. From his rural upbringing to building a multi-billion dollar business and shaping the sports industry, his influence in Minnesota is unrivaled. As the state’s wealthiest resident, Taylor’s legacy is defined not only by financial success but also by his dedication to community and leadership. To explore more about Glen Taylor’s journey and impact, check out his full profile and recent news.