Richard L. Monfort, a successful businessman, is the owner, chairman, and Chief Executive Officer (CEO) of the Colorado Rockies, a Major League Baseball team. Moreover, he is also well-known for his philanthropic works.
Furthermore, Richard, also known as Dick Monfort, is chairman of the University of Northern Colorado Board of Trustees, chairman, Board of Directors of the University of Colorado Health, chairman of the Colorado Economic Development Commission, and the Denver Zoo Board.
Let's get to know more about Dick Monfort, aka Richard L. Monfort, through his biography.
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Grew Up With Three Siblings
Richard was born on April 27, 1954, in Colorado. He is the son of well-known businessmen Kenneth Monfort and Patricia A. Miller. Additionally, Dick Monfort's parents were divorced. However, both of them got married again and lived a happy life with their new partner. Sadly, his dad and mom have already passed away.
Talking about Dick Monfort's siblings, he has two sisters Kaye Monfort and Kyle Monfort. Moreover, Monfort also has a brother, Charles K. Monfort aka Charlie Monfort, the Colorado Rockies Baseball Club owner. Moreover, being the son of a successful businessman, Dick must have had a comfortable and luxurious childhood.
Just like Dick Monfort, his brother Charlie is also involved in the family business. Image Source: Social Media.
Furthermore, Richard completed his Bachelor's degree in Business Management from the University of Northern Colorado in 1976. Additionally, the famous entrepreneur was awarded an honorary degree of Doctor of Humane Letters to Monfort by the president of Colorado State University, Tony Frank, in May 2012.
Moreover, Johnson & Wales University awarded Dick Monfort an honorary Doctor of Business Administration in Entrepreneurship in May 2014. Looking at his achievements, one can assume that Richard has made a remarkable place in the business industry.
Dick Monfort Net Worth And Career
Initially, Dick Monfort aka Richard Monfront was involved in the family business for about twenty-five years. However, he became a well-known businessman after he was named the owner of the Colorado Rockies of the MLB. Thanks to his business ideas and experience, Dick has taken the club to the next level of success in sports and business.
Moreover, as per Los Angeles Times, Richard L. Monfort's net worth is around $700 million. This makes him one of the richest Major League Baseball team owners.
Coming from a business family, it is no surprise that Monfort has become such a well-reputed and famous businessman. He must have learned a lot from his father as he started his career in the field from his family business.
Furthermore, according to Forbes, Dick's baseball team, Colorado Rockies, is ranked at 21 by MLB Team Valuations. Looking at the club's net worth, $1.3 billion, there is no doubt that Dick must have generated a handsome sum from being the baseball team's owner.
Moreover, Richard became president of Monfort of Colorado, Inc., a subsidiary of ConAgra, in 1987. He also became president and CEO of ConAgra Red Meats in 1991. Then, in 1995, he retired from ConAgra, and the following year, he helped launch Montera Cattle Company.
Looking at his accomplishments in the cattle business, it is clear that Dick must have made a good fortune from this business. Dick Monfort's net worth elevated more after becoming chairman and CEO of the Major League Baseball club named Colorado Rockies.
Is A Well-known Philanthropist
Furthermore, Richard has also done various charity works through his family foundation. Dick and his family have been doing philanthropic works for a very long time. For example, the Monfort Family Foundation gifted $10 million to Children's Hospital Colorado to construct a new medical facility in Aurora, Colo, in September 2004.
In addition to being a successful businessman Dick Monfort is also known for his philanthropic works. Image Source: Social Media.
Furthermore, the foundation has funded and endorsed the Boys & Girls Clubs in Metro Denver and Weld County. In addition, the Monfort family has been providing scholarships for exceptional students and the support of outstanding faculty to the Monfort School of Business at the University of Northern Colorado and the Monfort Excellence Fund at Colorado State University.
Moreover, some other organizations that the Monfort family has helped are U Cancer Center, United Way, Craig Hospital, the Denver Art Museum, and Habitat for Humanity. Dick has also received the United Way of Weld County Humanitarian of the Year Award in 2008. In addition, this award was also received by his father many years ago.
Who is Dick Monfort's Wife?
Being one of the famous businessmen, many people are interested in knowing about Richard's personal life. As a result, the public is curious to know about Dick Monfort's wife. However, she seems to prefer staying away from the spotlight as much as possible.
Therefore, all that is known Dick, aka Richard L. Monfort, is married to Karen Monfort. Moreover, both Dick and Karen seem to prefer living a private life as they are not active on social media. Nevertheless, this lovely couple must be living a happy married life in Denver.
A Loving Father To Three Children
Along with being a reputed businessman, Richard is also a proud father of two sons: Walker Monfort, Sterling Monfort. He also has a daughter, Lyndsey Monfort, who is an anesthesiologist now goes by Lyndsey Grae. Few sites suggest that Lyndsey is married to Aaron Graber.
Furthermore, Dick Monfort's children are successful in their careers. Moreover, they have been working in their family business. His eldest son Walker and daughter-in-law, Lauren Monfort, work in Rockies corporate partnerships, and his other son, Sterling, works in Rockies scouting operations.
All of Dick Monfort's children have followed their father's footsteps as they have chosen careers in business. Image Source: Social Media.
Moreover, Richard's kids are likely to run his business after his retirement. Who knows, maybe they will make his business more successful like Richard did to his father, Kenny's business.
Furthermore, one of Richard's current ventures, McGregor Square, which is predicted to be completed in the spring of 2021, has been the talk of the town. The venture is located adjacent to Coors Field in historic lower downtown Denver (LoDo).
Moreover, it is believed that the spot will become a destination that will host pregame and postgame activities and neighborhood festivals, concerts, and other entertainment for visitors and the LoDo community. We hope his venture, McGregor Square, be as successful as his other business.
Thus, we wish all the best to Richard L. Monfort for the future. In addition, with upcoming projects, Richard is likely to earn a handsome sum. Who knows, maybe soon, he will become a billionaire.
Trivia And Facts
- Richard L. Monfort was named after his uncle.
- The year 2021 will be Dick's 24th season with the Rockies franchise.
- His brother, Charles, is a married man with four children.
