Source of Wealth:Pratte Development co., Inc.
Full Name:Ron Pratte
Occupation:Founder and Former CEO of Pratte Developemnt Co., Inc.
About Ron Pratte
Multi-millionaire Ron Pratte is an American businessman, entrepreneur, and car collector with an estimated net worth of $350 million. He has built his fortune as the founder and former Chief Executive Officer of the Pratte Development Company, Inc. It is one of the biggest wood framing and concrete foundation companies in the United States. It is a privately held company located in Phoenix, Arizona which manufactures structural wood products. He sold his development company to Pulte homes at the peak of the housing boom in Arizona. His move was at a great timing and he was able to cash out before the housing market crashed.
Ron Pratte is best known for his elaborate car collection as a big car buff. Among his collection of fine automobiles included the Shelby G500 which he purchased in 2008 for nearly $650 thousand. Last year, he bough a $4.1 million Futurliner bus. He also won the bid for Caroll Shelby’s 1966 Super Snake AC Cobra 800hp 427 dual quad, dual supercharged for $5 million. Other cars in his collection are the 1945 P-51 Mustang, the last Sting Ray, the first T Bird off the assembly line, and the Beverly Hillbillies Woody. Part of his fortune has been used to build up his privately owned car museum which is intended for his own personal enjoyment.