Some people spend millions to become famous. Yet their name is erased from people’s memories in a few years after their death. There are some people whose work becomes immortal, and their names remain forever. These people are known for their philanthropic work and for a conscience that drives them to help others. Earning money is one thing, but spending it on the right cause needs courage. Some people earn billions but are afraid to spend a penny on other people. Indeed, their memories and name vanish after their death, and no one remembers them. Today we will discuss a person who is loved by millions and is still famous for his philanthropic work. His name is Robert Wayne Plaster. In this article, we will share information regarding this legend who helped millions of people and changed their lives. This article contains detailed knowledge about Robert Plaster’s Biography, Net Worth, Early Life, Career, and Personal Life. Writing an article on Robert Plaster’s Life is not a walk in the Park. Indeed, a million words are not sufficient to describe this person’s work. However, we will do our best to describe his beautiful personality in a single article. We hope you enjoy reading this article and find it useful in getting to know him.
Robert Plaster Biography
| Full Name | Robert Wayne Plaster |
| Date of Birth | September 3, 1930 |
| Place of Birth | Kansas City, Missouri, USA |
| Date of Death | October 11, 2008 |
| Place of Death | Evergreen, Missouri, USA |
| Cause of Death | Natural Cause |
| Nationality | American |
| Spouse | Mary Jean Richards |
| Children | 4 |
| Height | 180 cm |
| Weight | 225 lbs |
| Zodiac Sign | Virgo |
Robert Plaster Net Worth
| Net Worth | $200 Million |
| Profession | Businessman & Investor |
We’ve calculated Robert Plaster’s Net Worth based on his shareholdings and assets at the time of his death. Although some websites claim different numbers, our estimate is based on his assets. However, now his assets belong to his Family.
Early Life
Robert Plaster was born on September 3, 1930, in Kansas City, Missouri, USA. His parents were Robert Osborn Plaster and Elsie Plaster. He was born into a middle-class family. His father was a carpenter and died due to lung cancer. At the time of his father’s death, Robert Plaster was 10 years old. He started to work to earn bread for his family from a very young age. Robert Plaster was his parents’ only child. His mother raised him with great manners and philosophy, which he often mentioned: “Can’t Never Could”. This philosophy led to his philanthropic work, which the world remembers to this day and will remember forever. One can easily understand the feeling of losing a father at such a young age. However, he balanced his education along with his work. He worked at a grocery store and attended Neosho High School in Missouri. He dropped out of college because he couldn’t afford college fees. It was difficult for him to balance his study schedule alongside his work. He then focused on his career and started working full-time for his future.
Career
Robert Plaster’s net worth at the time of his death was $200 million. A person who lost his father at the age of 10 and sold newspapers to support his widowed mother became a millionaire and the greatest philanthropist of all time. It’s fair to have multiple questions in mind, but one thing explains this wealth, which we will discuss in his career journey. We hope that after reading his career journey, your queries will be answered. Keep reading as we will reveal detailed information about his hard work, dedication, and struggles.
Childhood Struggle
Robert Plaster started his career at a very young age. After his father’s death, there was no one to take care of his family. He was his parents’ only child. Unfortunately, at that time, the Great Depression was at its peak. Earning for the family required great courage and physical labor, which he lacked at such a young age. He started working in a grocery store and maintained a paper route at Camp Crowder. His childhood struggles helped him in many ways, including by instilling business ethics and networking skills. His hard work distributing newspapers at a very young age attracted the attention of many people. After dropping out of college, he worked in the automobile industry and as a farm equipment distributor. This full-time work helped him to understand the ways and tricks of business to its core. Unlike other students, he began struggling from a very young age. He had no idea that one day this struggle would lead him to become a millionaire and run a foundation that would help millions of needy students.
Working In Propane Industry
Robert Plaster joined the Propane Industry as a government employee in the 1950s. The propane industry is a billion-dollar sector with an estimated value of $120 billion. He worked with LP gas for almost six years. At this Company, he gained extensive experience and built strong connections within the industry. At that time, no one knew that the gas industry would become extremely profitable and that people would become billionaires in it. Today, propane gas is used by almost everyone in every field, from running a household kitchen to flying an aeroplane. It was the need of the century; without propane gas, people would have been struggling in the developing age. Indeed, people at the top of this industry became billionaires and made their names among the richest people of their time. This same industry also made Robert Plaster a millionaire. Robert Plaster, before joining the propane industry, also worked for the US Treasury as a field agent for almost four years, which meant he knew every single detail of taxation, helping him start his own Gas Company.
Founding Empire Gas Corporation (1963)
Robert Plaster founded Empire Gas Corporation in 1963 at the age of 33. He started working at a grocery store from a very young age; by 33 age he had almost 20 years of work experience and ethics. He combined his experience in the propane gas industry with extensive knowledge to build his own Gas Company. At that time, he had savings of $25000. His connections helped him secure a low-interest loan. He almost secured millions of dollars in loans to create his own gas company. In no time, Empire Gas Corporation became one of the largest gas retail companies in America. Robert Plaster’s dedication and hard work led the company to its peak and eventually resulted in a listing on the New York Stock Exchange within 8 years (1971). Over those 8 years, the Empire Gas Corporation went through many ups and downs, but Robert Plaster didn’t lose his grip on it. Rivals repeatedly accused the Empire Gas Corporation of various allegations, but Robert Plaster confronted them with an iron fist and conquered the propane industry. However, in 1996 he sold Empire Gas Corporation to Northwestern Public Service Company for approximately $120 million. He then moved his focus to other works.
Investment Phase
Robert Plaster became a millionaire after selling his shares in Empire Gas Corporation for $120 million. In the 1990s, $120 million would be almost $1.3 billion now. In Infact, at that time, few people were millionaires. Robert Plaster didn’t sit idle on his millions. He started the most crucial phase of his career, “The Investment Phase”. Usually, after retirement or selling a company, people spend their money on useless things, and in no time their Net Worth becomes zero. Robert Plaster Founded Evergreen Investments. The purpose of Evergreen Investments was to diversify his investments across different fields. This Company successfully invested 70% of its capital across various industries. Robert Plaster also founded several companies and Chaired UMB Financial, which currently has a market value of $1.3 billion. He also invested in one of the high-luxury palaces, which is now worth hundreds of millions. However, the best investment he made was in Philanthropic work, which is why people still talk about him and why we are writing this article.
This is precise information regarding his career journey. We hope you understand the real reason for his millionaire status. His journey from a grocery store worker to the founder of a billion-dollar company is truly inspiring for Youngsters. This is the authentic, well-researched information our team has gathered from reliable sources. Now we will discuss his Philanthropic Work, which is remarkable and needs special attention.
Philanthropic Work
Robert Plaster earned millions from his business and spent most of his income for the welfare of society, especially for students who cannot attend or otherwise afford College or school fees. He first founded the Robert W. Plaster Foundation in 1983. The purpose of the foundation was to help students in college and universities. This foundation continues to work after his death, helping colleges and universities build or maintain their campuses while upholding Christian values in society. He also donated $250,000 to help build the stadium, “Robert W. Plaster Stadium.” In Infact, we conclude that his foundation has given almost $100 million in donations and has supported various programs for colleges and universities. His philanthropy supported thousands of students in pursuing their dream of a degree and helped create a beautiful atmosphere for them. This is the main reason that, after 18 years of his death, people still love and respect him. His institutes are still working to support students’ welfare and donate millions to campuses.
Personal Life
Robert Plaster was a family man who worked hard for years. He married Mary Jean Richards on February 14, 1951. The couple had four children. Their names are Stephen R. Plaster, Chery Plaster Schaefer, Tammy Plaster Brown, and Dolly Plaster Cement. The couple remained married until their death. In his last years, he remained in his famous Evergreen Crystal Palace. His mansion was famous worldwide. It is located on 32000 square feet. It is a fortress with all the amenities a person needs to spend a luxurious life. Robert Plaster died of natural causes on,11 October 2008 at the age of 78. His wife also died 14 months after his death on 27 December 2009. He had multiple cars worth millions of dollars at the time of his death. He spent his life with his wife with true loyalty. Despite being a millionaire, he was never involved in a single scandal.
Conclusion
Robert Plaster is remembered as a person whom God gave millions in wealth, and he returned God’s gift in the form of Charity. In this article, we have shared detailed information on Robert Plaster’s biography, Net Worth, Early Life, Career, Philthropic Work, and Personal life. We hope you love reading this article and remember Robert Plaster in your prayers. If you like this article, kindly appreciate our efforts in the comment section, and if you have any suggestions, feel free to ask us. We are at your service. Thanks for choosing Pacino Pedia as your reliable source of information.