Kenny Troutt

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Kenny A. Troutt
Born1948 (age 76–77)
Mount Vernon, Illinois, U.S.
Occupation(s)Founder and former CEO, Excel Communications
SpouseLisa E. Copeland
Children3
Notes
Forbes ranked #1,222th richest person in the world (2014) [1]

Kenny A. Troutt (born 1948) is an American businessman. He founded Excel Communications, a Texas-based telecommunications company that offered long distance phone service. Troutt became a billionaire in 1998 when Excel was sold to Teleglobe for US$3.5 billion. As of March 2025, Forbes estimated his net worth at US$1.7 billion. [2]

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Troutt is the sole owner of WinStar Farm, [3] an elite 2,600 acre thoroughbred horse farm in Versailles, Kentucky. [1] He is also the chairman of Mt. Vernon Investments in Dallas, Texas. [4] Troutt won the 13th Triple Crown [5] with Justify [6] , Kentucky Derby twice, Preakness Stakes once, and the Belmont Stakes three times. Some notable stallions from Winstar Farm include Super Saver, winner of the 2010 Kentucky Derby; Drosselmeyer, winner of the 2010 Belmont Stakes; Creator, winner of the 2016 Belmont Stakes; and Justify, winner of the 13th Triple Crown. [7] [8]

Troutt is a major Republican donor and has contributed to American Crossroads, Rick Perry, Rick Santorum, [9] and "Kentuckians for Strong Leadership", a super PAC backing Mitch McConnell. [10] Together with his spouse, Troutt contributed $1.7 million to Donald Trump's 2020 presidential campaign. [11] As of April 19, 2022, Troutt has donated $1,409,651, [12] to Texas Republican candidates Greg Abbott, Ken Paxton, and Dan Patrick. Troutt's son, Preston, has also donated to Republican Party candidates. [9]

Troutt graduated from Southern Illinois University Carbondale in 1971, where he was a member of Tau Kappa Epsilon fraternity. [13]

In 2005, Troutt started the first of three youth basketball teams, known as the Titans, for his sons and the son of a business partner. The teams have an annual budget of $3 million. [14]

Sources

References

  1. 1 2 "#1222 Kenny Troutt". Forbes. Retrieved October 26, 2014.
  2. ↑ "Forbes profile: Kenny Troutt". Forbes. Retrieved March 1, 2025.
  3. ↑ "Team - WinStar Farm - Thoroughbred Stallions - Versailles, KY". WinStar Farm. Retrieved June 5, 2018.
  4. ↑ "Kenny A Troutt: Chief Executive Officer, Mount Vernon Investments". Bloomberg News .
  5. ↑ "Justify". www.nyra.com. Retrieved February 28, 2025.
  6. ↑ www.bloodhorse.com https://www.bloodhorse.com/stallion-register/stallions/170550/justify . Retrieved February 28, 2025.{{cite web}}: Missing or empty |title= (help)
  7. ↑ "'I was hoarse down the stretch': Triple Crown winner Justify's owner, Dallas' Kenny Troutt, speaks to The News". SportsDay. June 9, 2018. Retrieved August 7, 2018.
  8. ↑ "Triple Crown winner Justify's owner is a Dallas resident". WFAA. Retrieved August 7, 2018.
  9. 1 2 Slater, Wayne (July 16, 2012). "Romney reports more than $13 million raised in Texas". The Dallas Morning News. Retrieved December 1, 2013.(registration required)
  10. ↑ Clozel, Lalita (October 17, 2014). ""Grassroots" Groups Flooded with Big Donor Cash in Third Quarter". OpenSecrets.
  11. ↑ "Here Are The Billionaires Who Donated To Donald Trump's 2020 Presidential Campaign". Forbes. Retrieved March 28, 2024.
  12. ↑ "Kenny a and Lisa Troutt - Texas Donor". TransparencyUSA . Retrieved April 19, 2022.
  13. ↑ "Distinguished Alumni". Tau Kappa Epsilon . Retrieved December 7, 2023.
  14. ↑ Melby, Caleb (July 15, 2013). "Billionaire Kenny Troutt Founded America's Most Indulgent, Most Successful Youth Basketball Team". Forbes. Retrieved October 26, 2014.
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