Kenny Troutt
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Kenny Troutt was the founder of Excel Communications, a Texas based telecommunications company that used MLM (Multi-Level Marketing) to offer its main product, a long distance phone service. Troutt became an instant billionaire in 1998 when he sold the Excel business to Teleglobe for $3.5 billion, his share netting him a cool $1.4 billion.[citation needed]
Troutt was the son of a bartender and was raised in Illinois projects. He paid his way through college (Southern Illinois University) where he studied for a Bachelor of Arts in Science by working construction jobs and selling life insurance.
Troutt, who is 58 years old, has three children and has been married twice. He lives in Dallas, Texas. He co-owns the WinStar Farms operation in Kentucky, a 1400+ acre state-of-the-art thoroughbred breeding and training centre.
[edit] Trivia
- In a March 2007 edition of Sports Illustrated, Rick Rieley did a story on his sixth-grade basketball team he coaches who lives in luxury, compared to an inner city basketball team.
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