Dennis Albaugh Net Worth, Relationships, Age/Birthdate & Birthday Facts
Discover Dennis Albaugh net worth, explore his relationships, learn about his age/birthdate and celebrate his birthday with insights into his personal life.
Dennis Albaugh Net Worth, Relationships, Age/Birthdate & Birthday
Dennis Albaugh is an American agribusiness magnate recognized for founding the global crop-protection company Albaugh LLC and building an impressive legacy in agriculture and philanthropy.
Introduction
When you hear the name Dennis Ray Albaugh, you’re encountering someone whose roots grew in Iowa farmland and whose ambition sprouted into a global agricultural-chemicals empire. Born on November 3, 1949, Albaugh parlayed a deep understanding of farming into founding Albaugh LLC, now a worldwide supplier of crop-protection products. According to industry estimates, his wealth stands at around US$1.5 billion, reflecting the strength of his enterprise and investments.
In his personal life, Albaugh is married to Susan (“Sue”) Albaugh, with whom he shares two daughters—his relationship status has remained consistently rooted in his Iowa hometown.
Quick Facts
| Category | Details |
|---|---|
| Full Name | Dennis Ray Albaugh |
| Age/Birthdate | November 3, 1949 |
| Birthday | November 3 |
| Nationality | American |
| Profession | Agribusiness entrepreneur, founder & chairman of Albaugh LLC |
| Estimated Net Worth | ~US$1.5 billion |
| Relationship Status | Married to Susan (“Sue”) Albaugh |
| Known For | Founding and growing Albaugh LLC; massive classic-car collection; philanthropic activity in Iowa |
From Midwestern Roots to Global Agribusiness
Raised in rural Iowa, Dennis Albaugh’s journey began on a farm outside Ankeny, where his parents Dean and Lorna Lee instilled a work ethic and familiarity with the land. After attending Ankeny High School, he earned an agribusiness operations degree at Des Moines Area Community College in Ankeny.
In 1979, Albaugh launched his business by selling fertilizers and seeds locally—he once recalled dumping an entire $8,000 chemical load due to a truck-seal failure. The defining moment came in the early 2000s when the patent for glyphosate (the key ingredient in a major herbicide) expired. Albaugh seized the opportunity, built facilities in Argentina and elsewhere, and turned his company into one of the largest independent crop-protection producers in the world.
Defining moments in Dennis Albaugh’s journey include:
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Launching his company in 1979, backed by a second mortgage and a $10,000 SBA loan.
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Acquiring manufacturing capability in Latin America after glyphosate patent expiry.
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Growing Albaugh LLC into a global business selling in dozens of countries from Iowa.
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Establishing his personal brand beyond agribusiness with extensive philanthropy and a remarkable car collection.
Main Sources of Wealth
The core pillars of Dennis Albaugh’s wealth include:
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Albaugh LLC (Agricultural Chemicals): The foundation of his fortune, this company manufactures and distributes herbicides, fungicides, and insecticides globally.
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Real Estate & Development: Albaugh has invested in significant land, housing developments (such as Prairie Trail near Ankeny), and other property holdings in Iowa.
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Collectibles & Leisure Assets: His renowned classic-car collection (especially Chevrolet convertibles) and private golf course reflect both passion and asset-diversification.
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Other Investments & Ventures: Including stockholdings, private equity, and philanthropic initiatives that feed back into real-estate, education/endowment vehicles.
Relationships & Family Life
Dennis Albaugh’s personal life is anchored in a longstanding marriage to Susan (“Sue”) Albaugh, with whom he has two daughters. The family continues to reside in Ankeny, Iowa—a locale deeply tied to his origins and business base.
Key insights into Dennis Albaugh’s relationships and personal life:
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Albaugh’s wife Sue has played a supportive role in business and philanthropy, including co-giving to his alma mater.
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The Albaugh daughters remain involved in family-led ventures, such as the family’s golf-course and event business at Talons.
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Despite immense wealth, Albaugh’s family remains centered in Iowa—not relocating to a major coastal city but investing in their hometown.
Lifestyle, Assets & Interests
Beyond career success, Dennis Albaugh leads a lifestyle that reflects both passion and purpose, including:
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A world-class collection of over 150 classic Chevrolet convertibles, housed in a 28,000 sq ft garage in Ankeny.
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Ownership and operation of the private Talons Golf course and event venue in Ankeny, tied into his development and philanthropy.
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Real-estate holdings: in one documented case, he sold a 10,000 sq ft home and built a nearby 8,773 sq ft residence in Ankeny.
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Philanthropic commitments: Supporting education at his alma mater, community development, and scholarships through his company and family foundation.
Net Worth Breakdown & Analysis
Estimating wealth for private individuals requires approximation based on public-company benchmarks, transaction history, and asset disclosures. For Dennis Albaugh, various sources place his net worth at roughly US$1.5 billion.
| Category | Estimated Value | Source |
|---|---|---|
| Business Ventures (Albaugh LLC) | ~$1.0 billion | Celebrity Net Worth |
| Brand/Collectibles & Partnerships | ~$250 million | Multiple lifestyle coverage |
| Investments & Assets (real estate, cars, land) | ~$250 million | Aggregate disclosure and reporting |
| Total Estimated Net Worth | ~US$1.5 billion | Public-source estimate |
It’s worth noting that valuations may vary: for example, some local reports list Albaugh as once the richest person in Iowa with prior values ~US$1.4 billion. Such figures reflect the privately held structure of Albaugh LLC and the difficulty of precise public disclosure.
Public Image, Legacy & Influence
Dennis Albaugh is widely regarded in the agribusiness world as a self-made entrepreneur who leveraged insider industry understanding to generate global scale. Articles such as “Pesticide Prince” in Forbes highlight his capacity to spot and exploit generics-market opportunities.
His philanthropic efforts—especially in Iowa education and community development—have helped craft a legacy beyond business: giving back to the region that gave him his roots. Locally, he is seen as an exemplar of Midwestern entrepreneurship grounded in family, integrity, and long-termism.
In automobile-enthusiast circles, his car-collection curation has earned national recognition, adding a cultural dimension to his business identity.
Conclusion
From walking beans on a family farm to steering a billion-dollar enterprise, Dennis Albaugh’s journey holds both entrepreneurial grit and strategic foresight. Born on November 3, 1949—with his birthday marking a day each year of celebration—he has grown a company, a family legacy, and a philanthropic footprint, all rooted in Ankeny, Iowa. With an estimated net worth of around US$1.5 billion and a stable married life with Susan Albaugh, his story remains one of transforming local ambition into global achievement. For aspirants and observers alike, his path offers a clear insight: deep industry knowledge, calculated risk-taking, and steady values can yield scale, wealth, and impact.
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