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Diane Hendricks: “My son is my CEO at my holding company and he oversees the…”

Featuring: Diane Hendricks, Conservative | Owner and Chairperson of ABC Supply | Wisconsin

Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes

Published January 15, 2023 | Video Starts at 20:22

I'm. I've had blessed life, a blessed life. And I wanted to be in business. I'm in business. And I know my children will pick up when I. They. My son is my CEO at my holding company and he oversees the 16 companies that we oversee. So he's learning that. And I'm comfortable in saying I can, you know, pass the wand to my kids. And they love the city too. (20:22–20:30)

CLAIM

Asserts that Diane Hendricks' son is the CEO of her holding company, managing 16 companies.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Diane Hendricks

“They made all of the paper making machinery in the world was here, the largest.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 08:19-08:27
“We only get about two thirds of what public schools get [in funding], and we educate the same children.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 16:13-16:19
“We started doing government work for the military.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 03:40-03:44
“There was no distribution chain across the nation [for roofing products].”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 04:15-04:20
“We realized that there needed to be a distribution chain to be able to offer to the customer, us, the contractor, the selection of various…”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 04:44-04:59
“Beloit Savings bank at the time, and they gave us a start.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 05:41-05:48
“We opened up store one for ABC Supply with products that we brought in shingles from different manufacturers.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 06:09-06:19
“We were in business for about three years just buying up lumber yards.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 06:20-06:26
“We negotiated to buy 13 of their [GAF's] stores.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 06:28-07:02
“These businesses wouldn't be here if I hadn't invested in the buildings.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 07:42-07:46
“It really became evident that we were in a recession in late of 2008, 2009.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 09:48-09:55
“We had about 250 locations at that time that we'd acquired over the course of my husband.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 09:55-10:03
“I had to give up 40 some percent of my shares.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 10:57-11:01
“Charter schools aren't welcome in Wisconsin.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 16:09-16:13
“Our public school system across the nation has major problems, especially in Beloit.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 16:41-16:48
“We're one year old in math. We doubled what they had learned 200% in one year.”
Becoming America's Richest Self-Made Woman: How Diane Hendricks Built Her ABC Supply Empire | Forbes | Uploaded January 15, 2023 | 17:24-17:32