Bloomberg Billionaires Index

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# 381 Herbert Kohler Jr & family $6.32B

Random fact: Began running the family-owned company in 1972.


Herbert Kohler Jr is the executive chairman of Kohler, a family-held plumbing products manufacturer. The Kohler, Wisconsin-based company was founded by the Kohler family in 1873 and has annual revenue of about $7 billion. It makes kitchen and bathroom products as well as engines and power generators.

As of :
Last change No change
YTD change -$3.21B ( -33.7%)
Biggest asset Kohler Co.
Country / Region United States
Age -1
Industry Consumer
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Herbert Kohler Jr & family's net worth of $6.32B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

Kohler's fortune comes from his family's plumbing and fixtures business, Kohler Corp.

Herbert and his family are attributed a 64.3% stake in the company based on an analysis of a 2004 filing in the estate tax case of Frederic Kohler, which incorporated a 1998 corporate reorganization document listing all shareholders. This filing suggests Kohler has a 19.2% stake and the rest of the family's combined stake is held by relatives.

The stake held by family charities is about 32%, according to an analysis of the filing. These shares aren't included becuase of uncertainty about how they are allocated.

The company is valued with annual revenue of $7 billion and the average enterprise value-to-sales multiple of four peers: Fortune Brands Home & Security, Amsco, Richelieu and Reece.

Jillian Rosone, a spokesperson for Kohler, declined to comment on the net worth calculation.


Family: Married, 3 children

John Michael Kohler co-founded his family's self-named company in 1873. It initially made plows and farm equipment.

Walter J. Kohler took control in 1905. They began making electric generators in 1920 and small engines in 1948.

Herbert Kohler Jr began serving as chief executive and chairman on the family-owned company in 1972. He was appointed executive chairman in 2015.

  • 1873 The Kohler company is founded.
  • 1972 Appointed chief executive.
  • 1998 Opens the Straits golf course at Whistling Straits.
  • 2015 Becomes executive chairman.