Richard Farmer aka Richard T. Farmer was an American businessman, philanthropist and the chairman and founder of Cintas Corp has died at the age of 86, the cause for the death is not known. Cintas officials said in a statement “Everyone at Cintas is deeply saddened by the passing of Dick Farmer, our founder, and chairman emeritus,” added “The story of Dick’s life is very much intertwined with the history of our company. His legacy and the culture of honesty, integrity, and professionalism that he instilled at Cintas continue today and into the future. Our sympathy goes out to the entire Farmer family, including Joyce, his beloved wife, and Scott Farmer, Dick’s son and Cintas’ executive chairman.” Farmer is survived by his wife Joyce of 64 years and his three children and their spouses, Brynne and Bob Coletti, Scott and Mary Farmer, and Amy and George Joseph; 10 grandchildren; and five great-grandchildren. The farmer once said “I worked seven days a week until I dropped,” added “Corporate culture is the single most important distinguishing factor between greatness and mediocrity. It is the major reason Cintas is different from competitors and other companies. It is our ultimate competitive advantage.”
What was Richard Farmer Net Worth?
Richard Farmer Net Worth
1.5 Billion USD
Richard Farmer was born in 1935 in the USA, he was 86 years old at the time of his demise. He was the American businessman, philanthropist, and chairman and founder of Cintas Corp. The farmer had previously made Forbes list of 400 richest people and was worth more than a billion dollars. He and his wife have donated $40 million to build the home of the Farmer School of Business. He founded the company in 1968 which became the country’s largest uniform company. The company, Cintas, is a $17 billion public company with more than 40,000 employees. Farmer served as CEO in 1995 and as board chairman through 2010. He served on the board until 2018. He was twice named CEO of the Year by Financial World magazine. He was also honored by the Cincinnati USA Regional Chamber as one of the “Great Living Cincinnatians”. The companies stock is worth over $70,478,560 and owns over 102,870 units.
The estimated Net Worth of Richard Farmer is 1.5 Billion USD.
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