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In the realm of telecommunications and horse racing, American businessman Kenny A. Troutt stands as a notable figure. As the founder of Texas-based Excel Communications, he ascended to billionaire status in 1998 following the company's $3.5 billion sale to Teleglobe, bringing his current net worth to an estimated USD$1.5 billion. Beyond telecommunications, Troutt owns WinStar Farm in Versailles, Kentucky, a prestigious thoroughbred horse farm sprawling over 2,400 acres, and chairs Mt. Vernon Investments. His ventures in horse racing have yielded significant triumphs, including two Kentucky Derby victories, a Preakness Stakes win, and three Belmont Stakes wins, notably with Justify, the 13th Triple Crown winner. Among the stars from WinStar Farm are Super Saver, Drosselmeyer, Creator, and Justify. A major Republican donor, Troutt has significantly supported American Crossroads and candidates such as Rick Perry and Mitch McConnell, contributing over $1.4 million to Texas Republican campaigns by 2022. A Southern Illinois University Carbondale alum and a member of Tau Kappa Epsilon Fraternity, Troutt is also known for founding youth basketball teams, showcasing an annual commitment of $3 million towards nurturing young talent.
January 08, 1948
78 years
Telecom
Telecom
United States
Dallas, Texas
Bachelor of Arts/Science, Southern Illinois University
Lisa E. Copeland
3
Kenny Troutt was born on November 20, 1946, in Herrin, Illinois. His father, Kenneth Troutt, was a coal miner, and his mother, Mary Troutt, was a homemaker. Kenny was the eldest of four children.
Kenny Troutt: Family
Kenny Troutt is married to Lisa Troutt, and they have two sons, Preston and Tyler. Preston is also involved in politics and has donated to Republican Party candidates.
Kenny Troutt: Career Highlights
Kenny Troutt began his career in the telecommunications industry in the 1970s. He founded Excel Communications in 1985, and the company quickly became one of the largest telecommunications companies in Texas. In 1998, Excel was sold to Teleglobe for $3.5 billion, making Troutt a billionaire.
Kenny Troutt: Companies
Kenny Troutt is the sole owner of WinStar Farm, an elite 2,400-acre thoroughbred horse farm in Versailles, Kentucky. He is also the chairman of Mt. Vernon Investments.
Kenny Troutt: Major Achievements
Kenny Troutt has achieved significant success in the horse racing industry. His horses have won the Kentucky Derby twice, the Preakness Stakes once, and the Belmont Stakes three times, including the 13th Triple Crown. He is the owner of Justify, the winner of the 13th Triple Crown.
Kenny Troutt: Awards & Achievements
Kenny Troutt has received numerous awards and accolades for his contributions to the business and horse racing industries. He was inducted into the Texas Business Hall of Fame in 2001 and the Kentucky Horse Racing Hall of Fame in 2013.
Kenny Troutt: Personal Life & Legacy
Kenny Troutt is a major Republican donor and has contributed to various Republican candidates and causes. He is also involved in philanthropic activities and has donated to various charities and organizations.
Kenny Troutt: Trivia
Kenny Troutt graduated from Southern Illinois University Carbondale in 1971 with a degree in business administration. He is a member of the Tau Kappa Epsilon Fraternity.
In 2005, Kenny Troutt started three youth basketball teams called the Titans for his sons and a business partner's son.
The teams have an annual budget of $3 million.
Kenny A. Troutt graduated from Southern Illinois University Carbondale.
Kenny A. Troutt became a billionaire when Excel Communications was sold to Teleglobe for $3.5 billion.
Kenny A. Troutt started three youth basketball teams called the Titans for his sons and a business partner's son.
WinStar Farm's Super Saver won the Kentucky Derby.
WinStar Farm's Drosselmeyer won the Belmont Stakes.
WinStar Farm's Creator won the Belmont Stakes.
WinStar Farm's Justify won the 13th Triple Crown.
Kenny A. Troutt donated $1,409,651 to Texas Republican candidates Greg Abbott, Ken Paxton, and Dan Patrick.
What is Kenny Troutt's current net worth?
What is Kenny Troutt's current global rank among billionaires?
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What was the change in Kenny Troutt's net worth compared to the previous year?
What are Kenny Troutt's main sources of wealth?
In which industry does Kenny Troutt primarily operate?
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Who is Kenny A. Troutt and what is he known for?
What are Kenny A. Troutt's notable achievements in horse racing?
Can you name some notable stallions from WinStar Farm?
How has Kenny A. Troutt contributed to the Republican Party?