{"id":68345,"date":"2024-03-03T14:11:54","date_gmt":"2024-03-03T14:11:54","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=68345"},"modified":"2024-03-03T14:11:54","modified_gmt":"2024-03-03T14:11:54","slug":"kevin-plank-net-worth","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/","title":{"rendered":"Kevin Plank Net Worth"},"content":{"rendered":"<div itemprop=\"articleBody\">\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/#Kevin_Plank_Net_Worth_and_Key_Information\" title=\"Kevin Plank Net Worth and Key Information\">Kevin Plank Net Worth and Key Information<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/#What_is_Kevin_Planks_Net_Worth\" title=\"What is Kevin Plank&#8217;s Net Worth?\">What is Kevin Plank&#8217;s Net Worth?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/#Highlights\" title=\"Highlights\">Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/#Early_Life\" title=\"Early Life\">Early Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/#Career\" title=\"Career\">Career<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/#Personal_Life\" title=\"Personal Life\">Personal Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/#Net_Worth_Over_Time\" title=\"Net Worth Over Time\">Net Worth Over Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/#Components_of_Net_Worth\" title=\"Components of Net Worth\">Components of Net Worth<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Kevin_Plank_Net_Worth_and_Key_Information\"><\/span>Kevin Plank Net Worth and Key Information<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td><strong>Net Worth<\/strong><\/td>\n<td>$2 billion<\/td>\n<\/tr>\n<tr>\n<td><strong>Salary<\/strong><\/td>\n<td>N\/A<\/td>\n<\/tr>\n<tr>\n<td><strong>Birthdate<\/strong><\/td>\n<td>August 13, 1972<\/td>\n<\/tr>\n<tr>\n<td><strong>Birthplace<\/strong><\/td>\n<td>Kensington, Maryland<\/td>\n<\/tr>\n<tr>\n<td><strong>Gender<\/strong><\/td>\n<td>Male<\/td>\n<\/tr>\n<tr>\n<td><strong>Height<\/strong><\/td>\n<td>N\/A<\/td>\n<\/tr>\n<tr>\n<td><strong>Profession<\/strong><\/td>\n<td>Entrepreneur and Philanthropist<\/td>\n<\/tr>\n<tr>\n<td><strong>Nationality<\/strong><\/td>\n<td>American<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Kevin_Planks_Net_Worth\"><\/span>What is Kevin Plank&#8217;s Net Worth?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Kevin Plank is an American businessman and philanthropist with a net worth of $2 billion. He is the founder, former CEO, and current chairman of Under Armour Inc., a company that manufactures apparel, footwear, and accessories for sports.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Highlights\"><\/span>Highlights<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&#8211; Kevin Plank has a net worth of $2 billion.<\/p>\n<p>&#8211; He is the founder and former CEO of Under Armour Inc.<\/p>\n<p>&#8211; Plank is involved in various other business ventures, including real estate and whiskey distillation.<\/p>\n<p>&#8211; He is known for his philanthropic contributions to organizations in Baltimore and Washington, DC.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Early_Life\"><\/span>Early Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Kevin Plank was born on August 13, 1972, in Kensington, Maryland. He grew up as the youngest of five boys in a family involved in land development. Plank attended Georgetown Preparatory School and later graduated from St. John&#8217;s College High School. He struggled with behavioral issues and poor academic performance during his early years, eventually graduating from the University of Maryland, College Park with a bachelor&#8217;s degree in business administration, in 1996.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Career\"><\/span>Career<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>During his college years, Plank founded a seasonal business called Cupid&#8217;s Valentine, selling roses on Valentine&#8217;s Day. He used the earnings from this venture as seed money to start his sports equipment company, Under Armour, in 1996.<\/p>\n<p>Under Armour was born out of Plank&#8217;s frustration with the inability of cotton T-shirts to wick away sweat. He searched for synthetic materials that would keep athletes dry and comfortable, developing a moisture-wicking synthetic fabric that became the cornerstone of Under Armour products.<\/p>\n<p>Plank initially ran the company from his grandma&#8217;s townhouse in Georgetown, selling his first shirt directly from his car. He gained early recognition when professional athletes started wearing his products and generated word-of-mouth referrals. In 1999, Under Armour placed an ad in ESPN Magazine that led to over $1 million in orders.<\/p>\n<p>Over time, Under Armour experienced significant growth and became a major player in the sportswear industry. In 2005, the company went public, and Plank&#8217;s net worth soared. At its peak, his net worth reached $6 billion. However, between 2016 and 2018, the company&#8217;s stock dropped significantly, impacting Plank&#8217;s net worth.<\/p>\n<p>In October 2019, Plank stepped down as CEO of Under Armour, with a net worth of $1.8 billion. By mid-2020, his net worth had further declined to $1.1 billion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Personal_Life\"><\/span>Personal Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Kevin Plank is married to Desiree Guerzon, and they have two children together. The family resides in Lutherville, Maryland.<\/p>\n<p>In terms of political affiliations, Plank drew controversy for expressing support for Donald Trump in 2017. He served on Trump&#8217;s American Manufacturing Council but later stepped down in response to the president&#8217;s controversial remarks following the white supremacist violence in Charlottesville, Virginia.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Net_Worth_Over_Time\"><\/span>Net Worth Over Time<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Kevin Plank&#8217;s net worth has fluctuated over time, largely influenced by the performance of Under Armour stock. At its peak in 2005, Plank&#8217;s net worth reached $6 billion. However, the company faced challenges in recent years, leading to a decline in stock value and a subsequent decrease in Plank&#8217;s net worth. As of now, his net worth stands at $2 billion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Components_of_Net_Worth\"><\/span>Components of Net Worth<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Kevin Plank&#8217;s net worth primarily stems from his ownership stake in Under Armour. As the founder and former CEO, Plank has been a significant shareholder in the company. However, a portion of his net worth also comes from his involvement in other business ventures, including real estate through Sagamore Development, and the whiskey distillery Sagamore Spirit.<\/p>\n<\/div>\n<p>**Note: This article has been written based on the given content and may not reflect the most up-to-date information about Kevin Plank&#8217;s net worth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin Plank Net Worth and Key Information Net Worth $2 billion Salary N\/A Birthdate August 13, 1972 Birthplace Kensington, Maryland Gender Male Height N\/A Profession Entrepreneur and Philanthropist Nationality American What is Kevin Plank&#8217;s Net Worth? Kevin Plank is an American businessman and philanthropist with a net worth of $2 billion. He is the founder, &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Kevin Plank Net Worth\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/#more-68345\">Read more<span class=\"screen-reader-text\">Kevin Plank Net Worth<\/span><\/a><\/p>\n","protected":false},"author":10,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86278],"tags":[],"class_list":["post-68345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-worth","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kevin Plank Net Worth<\/title>\n<meta name=\"description\" content=\"Kevin Plank Net Worth and Key Information Net Worth $2 billion Salary N\/A Birthdate August 13, 1972 Birthplace Kensington, Maryland Gender Male Height N\/A\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kevin Plank Net Worth\" \/>\n<meta property=\"og:description\" content=\"Kevin Plank Net Worth and Key Information Net Worth $2 billion Salary N\/A Birthdate August 13, 1972 Birthplace Kensington, Maryland Gender Male Height N\/A\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/kevin-plank-net-worth\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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