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Gary Rollins – Billionaire

Gary W. Rollins (born August 30, 1944) is an American billionaire businessman. He serves as the Chief Executive Officer of Rollins Inc., the US’s largest pest control conglomerate.

Early life

Gary W. Rollins was born on August 30, 1944.[citation needed] His father was O. Wayne Rollins and his mother, Grace Crum Rollins.

Rollins graduated with a bachelor of business administration degree from the University of Tennessee in 1967.

Career

Rollins served as the Chief Executive Officer of Orkin until July 2009. He has served as its Chairman since February 2004. Additionally, he has served as the Chief Executive Officer of Rollins Inc. since July 24, 2001.

He serves on the Board of Director of RPC, Inc.

On the Forbes 2016 list of the world’s billionaires, he was ranked #688 with a net worth of US$2.5 billion.

Personal life

He and his wife Ruth Magness own an 1,800-acre ranch near Cartersville, Georgia. They have four children.

  • Glen Rollins
  • Ruth Ellen Rollins
  • Nancy Louise Rollins
  • O. Wayne Rollins II

Their son, Glen Rollins, married to Danielle, is suing his father and his uncle Randall Rollins, chairman of Rollins Inc, over “rightful cash allocations”. Glen’s three siblings have all joined him in the lawsuit, as has his mother Ruthie, who filed for divorce from Gary at about the same time. Randall Rollins’ five children are taking their father and Gary’s side. Glen and Danielle have also begun divorce proceedings. The family’s “pest control empire” is worth about $8 billion.

Gary Rollins Net Worth: Gary Rollins is an American businessman and entrepreneur who has a net worth of $2.5 billion. Gary Rollins is the CEO of the global pest control giant Rollins Inc. The Rollins family is worth an estimated $7.8 billion and is the 33rd richest family in the United States. The family has been called dysfunctional with Gary’s four grandchildren suing him and his brother and board member Randall Rollins. They have been suing for access to family trusts and holding companies worth nearly $3 billion. Rollins Inc. started as Rollins Broadcasting in 1948 by John W. Rollins and his brother O. Wayne Rollins. The company grew to include a television station, radio stations, Western Pest Services, and Orkin, Inc. The third generation of the Rollins family includes Glen who was once the president of Orkin who was fired after filing a lawsuit against his family members. Gary’s wife Ruth sided with her children and filed for divorce after 45 years of marriage. Gary and Randall Rollins are the sole family members who hold shares in the company. They are also the majority shareholders in the oil and gas company RPC Inc. The Rollins family resides in the Atlanta, Georgia area. Gary was assigned 14.3 million shares of common stock worth about $243 million. He was also the owner of 15.6 million shares of RPC Inc.

Source:

  1. wikipedia
  2. celebritynetworth

 

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