Net Worth: $1.5 Billion
- Source of Wealth Albaugh, Inc.
- Birth Place Ankeny, Iowa
- Marital Status Married (Susan Albaugh)
- Full Name Dennis Albaugh
- Nationality United States
- Date of Birth 1949
- Ethnicity Caucasian
- Occupation Businessman
- Education Des Moines Area Community College, Ankeny High School
- Children 2
About Dennis Albaugh
Considered as the wealthiest man in Iowa, Dennis Albaugh is an American businessman with an estimated net worth of $1.5 billion in 2012. Today, Dennis Albaugh is the sole owner of Albaugh Inc., which he founded in the late 70’s.
Originating from Ankeny, Iowa, Dennis Albaugh refused to join the family business. Instead, he focused on agricultural business in Des Moines Area Community College. After his graduation, he traveled for seven years focusing on the sales of seeds and fertilizers. In 1979, he founded and established Albaugh Inc. His business even prospered in the 80’s when he started selling glyphosate which is considered as the primary ingredient in manufacturing the herbicide Roundup. When the chemical’s patent ended, Dennis Albaugh was able to purchase factories in Brazil and Argentina.