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Glen Taylor: Business Mogul, Sports Owner, and Minnesota’s Wealthiest Resident

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Glen Taylor at a major event, showcasing his business leadership and community presence

Minnesota has produced its fair share of success stories, but few are as compelling as Glen Taylor’s remarkable journey. As a self-made billionaire, Taylor is known for his business acumen, community involvement, and substantial influence in the sports world. This article will explore Glen Taylor’s rise from humble beginnings to becoming Minnesota’s wealthiest resident and a respected figure in American business.

Early Life and Entrepreneurial Beginnings

Glen Taylor was born in 1941 on a farm near Mankato, Minnesota. Growing up, times were often tough for the Taylor family. As reported by the St. Cloud Times, the Taylors “could afford to eat only the chickens they raised, not the pigs, because times were lean.” These early experiences of hard work and thrift proved foundational for Glen Taylor’s future success.

Taylor’s enterprising spirit emerged early. In 1975, he purchased a small wedding services business for $2 million. This bold move would lay the groundwork for Taylor Corp., which would expand into one of the nation’s leading printing conglomerates with over $2 billion in annual sales. His story proves that even the most modest of beginnings can lead to extraordinary achievements.

Building a Business Empire

Through decades of vision and dedication, Glen Taylor grew Taylor Corp. into a powerhouse in the printing industry. Today, the company employs thousands and serves clients nationwide. His sharp business instincts have been matched by a willingness to adapt to changing technologies and market demands.

Taylor’s influence extends far beyond printing. According to Forbes’ rankings, Glen Taylor’s current net worth stands at $2.9 billion, placing him at the top of Minnesota’s rich list. His business interests also include major investments in media, real estate, and, notably, professional sports franchises.

Sports Ownership and Community Impact

Glen Taylor’s name is widely recognized in sports circles. He is the majority owner of the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota Lynx. Additionally, he holds a stake in Minnesota United FC, the state’s Major League Soccer team. In 2014, Taylor acquired the Minnesota Star Tribune for about $100 million, reaffirming his dedication to regional journalism and community development.

Beyond the boardroom and the basketball court, Taylor has supported many local initiatives, always emphasizing the importance of giving back. His leadership has inspired countless Minnesotans by blending business success with a commitment to civic engagement.

Glen Taylor’s Many Facets

Not only a businessman, Glen Taylor also served as a Republican state senator from 1981 to 1990. During this time, he took on the role of minority leader before stepping down to concentrate on his business empire. His public service and entrepreneurship have made him a well-rounded leader whose influence is felt across multiple sectors.

Taylor is also celebrated by fans of Spennymoor Town FC. In a unique event, he captured behind the scenes moments during the team's FA Trophy Final appearance, adding yet another dimension to his community involvement and love for sports.

Conclusion

Glen Taylor’s life is a powerful reminder that determination, vision, and integrity can lead to incredible achievements. From his roots on a small farm to his status as Minnesota’s wealthiest individual and a prominent sports owner, Taylor’s story resonates far beyond state lines. To learn even more about his journey and wealth, read the full coverage on the St. Cloud Times and Forbes’ Minnesota rich list.

Glen Taylor’s enduring impact on business, sports, and the community stands as an inspiration for future generations dreaming of making their mark.

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