He attended North Dakota State University, and then went on to found R.D. Offutt Company, a potato farming business. The company has since grown to become one of the largest potato farming businesses in the world, and has made Ron Offutt a billionaire.
Ron Offutt is an American businessman who has a net worth of $500 million dollars, making him the richest person in North Dakota. He grew up in a farming family in Moorhead, Minnesota and attended North Dakota State University. He then founded R.D. Offutt Company, a potato farming business, which has since grown to become one of the largest potato farming businesses in the world and has made Ron Offutt a billionaire.
Ron Offut is a member of Executives
💰Ron Offut Net worth: $500 Million
He worked his way through Concordia College and graduated in 1964. He joined the family farming business that same year, and he and his father, now known as R.D. Offutt & Son, began to actively expand their farming business with a focus on potato production. Over the next ten years, they began purchasing, renting, or partnering to increase the amount of land that they had at their disposal. In the late 60s, they opened a John Deere branch. This dealership grew into RDO Equipment, Inc., the largest John Deere dealership in the United States. In the late 70s, the family business branched out into French-fry production, and they are now the primary supplier of frozen French-fries for the McDonald's corporation. The company has since expanded their holdings from the upper mid-west, to both coasts, and the south. As of 2012, they are the most successful potato production agribusiness in the world.