The Simplot family is one of the wealthiest families in the United States of America. Most of the family fortune was built by J.R. Simplot who died in 2008 at the age of 99 as the oldest billionaire in Forbes ranking. The net worth of the family is estimated at over $7.5 billion.
|Most notable family members:||J.R. Simplot (late), Scott Simplot|
|Net worth:||$7.7 Billion|
Simplot Family History
While the modern Simplot family was spearheaded by the late J.R. Simplot, not much has been said about the family history. His paternal great-grandfather was french. The family relocated in 1910 to south-central Idaho.
Simplot family Business and Wealth
J.R. Simplot built most of the family wealth. In 1923, after some differences with his father, J.R. Simplot left school. He was just 14 years at the time and in eighth grade.
He worked server odd jobs mostly on farms. Then he finally bought his own farm where the focus was potato.
His company J. R. Simplot Company by World War II became the largest shipper of potatoes in the United States.
In the 1940s, J.R. Simplot Company became an exclusive supplier of frozen French fries to McDonald’s.
Simplot family Net worth
The Simplot family remains of the richest families in the United States of America with a net worth of $7.7 Billion according to Forbes‘s 2020 ranking.
Simplot family origin
The family is a mixture of French and English.
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