John Menard Jr.
John Robert Menard Jr. is an American entrepreneur, philanthropist, and billionaire who is the founder and owner of Menards, a Midwestern chain of home improvement stores. He is also a former INDYCAR racing team owner. He is also the father of Monster Energy NASCAR Cup Series driver Paul Menard.
- John Menard’s home improvement retailer brings in an estimated $10 billion in sales from over 300 stores.
- His stores, which compete with Home Depot and Lowe’s, are concentrated in the middle of the U.S., spanning from Wyoming to Ohio.
- Menard first started a construction business in 1958, 20 years before Home Depot launched.
- Menard has developed a reputation for keeping a tight grip on his business, requiring even top executives to punch a time clock every morning.
- Menard sponsored the winning car at the 2019 Indy 500, his first win in nearly 40 years of involvement in racing.
