BillionaireNet
Kelley
Brad Kelley
Rank #2555
UNITED STATESFood & BeverageTobacco

Brad Kelley

Net Worth
$1.417B
0% (24h)
Brad Kelley is an American businessman, entrepreneur, and the 9th-largest landowner in the U.S. as of 2025, with an estimated net worth of $1.4 billion, primarily from his ventures in the tobacco and real estate industries. Born in Kentucky, Kelley founded Commonwealth Brands in 1991, which produced discount cigarettes and was later sold for $1 billion in 2001. He has since invested in extensive landholdings, owning approximately 675,000 acres across the U.S., and has been involved in Thoroughbred horse racing and conservation efforts, including the breeding of endangered animals. Kelley is known for his private lifestyle and is active in conservation.

The Full Dossier

Early Life

Brad Maurice Kelley was born in Bowling Green, Kentucky, in 1956. He grew up in Simpson County, Kentucky, where his rural upbringing on a family tobacco farm instilled in him a deep respect for the land. He was involved in Future Farmers of America and was named Kentucky's high school conservationist of the year. Kelley purchased his first farm at age 17 and a warehouse at age 20, showing early interest in business and land ownership. He briefly attended Western Kentucky University before leaving to pursue his entrepreneurial ventures.

Rise to Success

Kelley's career took off in 1991 when he founded Commonwealth Brands, a tobacco company. He built Commonwealth Brands into a successful venture, producing affordable cigarette brands such as USA Gold, Malibu, and Bull Durham. In 2001, Kelley sold Commonwealth Brands to Houchens Industries for approximately $1 billion. This sale provided the capital for Kelley's subsequent investments and diversification into other industries, including real estate and publishing.

Key Business Strategies

One of Kelley's primary business strategies has been his focus on acquiring large tracts of land. He became one of the largest private landowners in the United States, with holdings across several states, including Texas, Florida, and Kentucky. He has also been involved in the acquisition and management of thoroughbred farms, notably Calumet Farm.

Philanthropy

Kelley supports many environmental and wildlife conservation interests and is passionate about conservation. He owns Rum Creek Ranch in Florida, where he breeds endangered animals. He supports the Center for Conservation of Tropical Ungulates. The Kelly Family Charitable Foundation Inc. has total assets of $57.5k in 2024.

Career Timeline

2013

Acquired Lonely Planet

Acquired Lonely Planet through his company NC2 Media.

2013

Won the Preakness Stakes

His colt Oxbow won the Preakness Stakes.

2012

Operated Calumet Farm

Became the operator of the historic Calumet Farm in Lexington, Kentucky.

2001

Sold Commonwealth Brands

Sold the company for $1 billion.

1991

Founded Commonwealth Brands

Founded a tobacco company that manufactured discount cigarettes.

Philanthropic Impact

ConservationUndisclosed

Center for Conservation of Tropical Ungulates

Supports many animal species, including rhinoceros, tapir, wild cattle, and antelope.

Charity$0.00199M

Kelly Family Charitable Foundation Inc

Tax-exempt foundation. The foundation's revenue was $1.99k in 2024.

Wealth Trajectory