LeaderPortfolio
Taylor
Glen Taylor
Rank #1344
UNITED STATESServicePrinting

Glen Taylor

Net Worth
$3.165B
0% (24h)
Glen Taylor is an 84-year-old American billionaire businessman and former politician. His wealth stems from his founding and ownership of Taylor Corporation, one of North America's largest printing and graphic communication companies. Taylor's career includes service as a Minnesota State Senator and ownership of the Minnesota Timberwolves and Lynx. His current estimated net worth is $3.3 billion.

The Full Dossier

Early Life

Glen Albert Taylor was born on April 20, 1941, in Springfield, Minnesota, and grew up on a farm near Comfrey, Minnesota. He learned the value of hard work from an early age. Taylor graduated from Comfrey High School in 1959. He obtained a Bachelor of Science in mathematics, physics, and social studies from Minnesota State University, Mankato, in 1962. He later received an executive MBA from Harvard Business School in 1978.

Rise to Success

Taylor's business journey began in 1959 when he took a part-time job at Carlson Wedding Service while attending college. In 1975, he purchased the company, which he renamed Taylor Corporation. Over the years, Taylor grew the company through acquisitions and expansions, making it a global leader in print and marketing solutions.

Key Business Strategies

Taylor's success can be attributed to a strategy of acquiring businesses in the graphic arts and printing sectors. Through over 200 acquisitions since 1975, Taylor Corporation consolidated operations, achieved economies of scale, and expanded its service offerings. He also served as a Republican Minnesota State Senator from 1981 to 1990, but resigned to focus on his business. In addition to Taylor Corporation, Taylor has owned various sports franchises, including the Minnesota Timberwolves, the Minnesota Lynx, and part ownership of Minnesota United FC.

Philanthropy

Glen Taylor is recognized for his philanthropy and community involvement. He has donated millions to various organizations, including the University of Minnesota and Minnesota State University, Mankato. In 2023 and 2026, Taylor made significant donations to the Taylor Family Farms Foundation, supporting rural communities in Minnesota and Iowa. The foundation focuses on areas such as childcare, food security, and outdoor recreation.

Career Timeline

2014

Purchased the Minneapolis Star Tribune

Expanded into the media industry.

1994

Purchased Minnesota Timberwolves

Acquired the NBA team to prevent its relocation.

1981

Elected to Minnesota State Senate

Served as a Republican State Senator.

1975

Purchased Carlson Wedding Service

Acquired the printing business and renamed it Taylor Corporation.

1959

Began working part-time at Carlson Wedding Service

Started his career at a small printing business while attending college.

Philanthropic Impact

Philanthropy$100M+

Taylor Family Farms Foundation

Supports rural communities in southern Minnesota and northwestern Iowa.

Wealth Trajectory