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Forbes lists Stine Seed founder as Iowa’s richest resident

Ag/Outdoor, News

May 26th, 2016 by Ric Hanson

Forbes magazine is out with its list of the richest residents in each state and an agri-businessman from Adel is listed as Iowa’s richest person. Seventy-four-year-old Harry Stine is the founder of Stine Seed. He started experimenting with corn and soybean genetics in the 1960s and got patents on key soybean genetics in the 1990s. Forbes pegs Stine’s net worth at three-point-six billion dollars. The magazine’s website says Stine drives a Ford F-150 pick-up and lives in a small home near the Stine Seed headquarters.

Investment guru Warren Buffet is the richest person in Nebraska. South Dakota’s richest resident is a banker. The part-owner of Cargill is the richest person in Minnesota. Wisconsin’s richest person founded the Menard’s chain of home improvement stores. The richest person in Illinois is a hedge fund manager and Missouri’s richest person owns the St. Louis Rams, but recently struck a deal to move the team to Los Angeles.

(Radio Iowa)