Billionaire Diane Hendricks, one of the richest people in Wisconsin, will apparently be speaking as an “everyday American” when she takes the stage Thursday at the Republican National Convention.
Hendricks is the co-founder of ABC Supply, the largest wholesale distributor of roofing supplies and a major distributor of siding and windows in North America. She started the Beloit-based company in 1982 with her husband, Ken, and has been the chairwoman and sole owner since his death in 2007.
Wisconsin billionaire Diane Hendricks listed as ‘everyday American’ RNC speaker (archived)
By calling herself a self-made woman, Hendricks is discrediting her deceased husband! They made ABC Supply, together! She practically owns the City of Beloit. Housing is unaffordable due to the rapid pace of economic development.* When I lived in Beloit, in the late nineties, my rent was only $800 for a two-story, three-bedroom, two-bath home that I shared with two others and that was before I worked for General Motors. The minimum wage is still $7.25 in Wisconsin.
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[2022] Meet The Most Successful Female Entrepreneur In American History
[2020] Beloit billionaire Diane Hendricks’ controversial charter school
New York Times business reporter Alexandra Stevenson describes how Hendricks created space for start-ups downtown in an airy glass-and-brick building that once housed the Beloit Foundry, moved the historic library, created a new performing arts center, bought and revived the city’s dying country club and even helped found a Beloit international film festival. Hendricks “scooped up nearly every building on a downtown block and knocked each one down, making way for a sushi restaurant, a high-quality burger joint and modern apartments with marble countertops and exposed-brick walls,” Stevenson reports.
[2019] The town philanthropy rebuilt
[2016] Beloit billionaire posts string of zeros on state returns
Hendricks Commercial Properties – Residential Living:
Wright & Wagner Lofts Luxury Apartments – Rent $1,087 – $2,624
Phoenix Building Apartments – Rent $1,395 – $1,995
Hilton Apartments – Rent $1,325 – $1,500
Average Rent in Beloit, Wisconsin $1,006/month
Because the average rent in Beloit is $1,006, you’ll want to make about $3,353 per month or $40,236 per year.
Beloit Mortgage Rates for April 16, 2024 (Over $2000/mo)
Beloit, Wisconsin Housing:
*[2023] Housing options in Beloit aren’t keeping up with economic growth, leaving some in a pinch
Homeownership in Milwaukee neighborhood grows through unique partnership
As part of the program, potential homebuyers receive financial counseling through Milwaukee-based Acts Housing. The goal is to make sure that buyers are set up to be able to keep their home.
ACTS Community Development Corporation (Acts Housing) – funded by Hendricks Family Foundation
ACTS Community Development Corporation (operating as “Acts Housing”) is a nonprofit organization that encourages and facilitates the home buying process in an effort create diverse neighborhoods and homeownership. Acts Housing focuses on rehabilitating foreclosed properties and supports families in Milwaukee and Beloit, Wisconsin.
As a highly rated military and Veterans nonprofit organization, Homes For Our Troops is 100% publicly funded, with approximately 65 percent of our operational budget generated by individual donors, private and family foundations, and community fundraisers nationwide who step up to help our Veterans by coordinating everything from lemonade stands to golf tournaments. The remaining 35% comes from corporate supporters in the form of cash and donated materials.
National Philanthropic Trust, Wings of Freedom Foundation, Fidelity Charitable
Diane Hendricks on SourceWatch – connected to the Koch Network and the Bradley Foundation.
Government-connected institutions also obtain grants from Bradley. The National Endowment for Democracy received $80,000 in 2007 in part for the publication of The Journal of Democracy, and the International Republican Institute received $26,000 in 2003.
Bradley Foundation Board of Directors 2015 (Hendricks is no longer on the Board of Directors)
You won’t find this book, other than in e-book or audiobook format, at Beloit Public Library:
Condition of the Working Class in England, by Engels, 1845: The Attitude of the Bourgeoisie Towards the Proletariat
Surprisingly, they have one physical copy of Das Kapital.
Ms. Cat’s Chronicles 
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