2023 Forbes Media LLC. Read More. Jimmy Rane, the 76-year-old founder and CEO of Great Southern Wood Preserving, a lumber treating outfit, asks with a chuckle, picking up an axe in his Abbeville, Alabama, office and pointing at. Jimmy Rane may be listed by Forbes as Alabama's wealthiest person but, like his advertising persona Yella Fella, he's just a regular guy. He is a board member of Vizient, Inc. His previous post, prior to joining UAB was as the Chief Executive Officer of the University of Mississippi Med Center. To satisfy your curiosity about who they are. Read More. John O Neil is one of the highest-earning people in Alabama. Read More. decided to find out the best deli in every state. Today L Brands has over 3,000 stores worldwide. This article "Jimmy Rane" is from Wikipedia. He also serves as a board member for the John S. Davis company. The son of a hardscrabble farmer, Stine is founder and CEO of Stine Seed Co, which licenses corn and soybean genetics to multinationals like Monsanto and Syngenta. Read More. The net worth of the individuals on the list varies. By the late 1990s, downtown Abbeville looked "burned out and caved in," Rane said. Yellowhammer News is Alabamas preeminent outlet for news, analysis and much more. Alabama is a historic place and continues to be a center of political activity, but it is not the political class that makes up the richest people in Alabama. Her great-grandfather, W.W. Cargill, founded the business as a single grain warehouse on the end of an Iowa railroad line in 1865. I can do all things through Christ who strengthens me. The glory goes to God, and the heartfelt thanks goes to the Jimmy Rane Foundation.. They hope that these students then 'pay it forward' and offer to help others in need in the future. As of 2019, he was the richest man in Alabama with a net worth of $950 million. Now comes news that another retailer is set to close all its stores in the state. Lots 81-82 Street C Trump's Net Worth Plunges $700 Million As Truth Social Flops. Back in 1970, Rane was an attorney in Birmingham when tragically, his wife's parents died in a car accident. However, big tech is the source of the most massive fortunes: Its four billionaires together are worth $251 billion, accounting more than one fourth of the total combined wealth. James Stephens has since inherited a significant part of the company and has served as the Chairman since the death of his father in 2005. Money Group, LLC He has since grown the business into a huge company with more than 15 plants, making him one of the richest men in Alabama. He retired in June 2016 but, with his family, remains the biggest shareholder in the $36.4 billion (revenue) business. Garrett by trade is a personal finance freelance writer and journalist. It's time to stop beating around the bush and accepting Jimmy Butler as the superstar that he is - albeit an alternative one. The California born driver, now at 43 years of age, ranks amongst the greatest NASCAR racers of all time. Business partners Hyde and Rubini own some of Anchorages biggest buildings, including JL Tower and the ConocoPhillips Towers. He is also known for being the richest Alabamian. Elton Stephens, Jane Comer, and Dell S Brooke are all siblings. Discount retailer Tuesday Morning is set to close all four stores in Kansas. Offers may be subject to change without notice. She took over from her father, Edward Johnson III, in 2014 and has worked full-time for the company since 1988. 2. Abbeville is the oldest remaining colonial settlement in east Alabama, located in one of the five original counties in the state. Read More. The headquarters of Rane's business, Great Southern Wood Preserving, makers of YellaWood, is located on the outskirts of town in a beautiful building constructed, of course, of his company's wood. Rane also bought up vintage Abbeville signs of the town's and America's historic businesses Buster Brown Shoes, Rexall Drugs, Philco, Mother Penn Motor Oil, Ford, among many others according to AL.com and attached them to the buildings. Rane also preserved a historic Standard Oil gas station in town as additional office space for his employees. Knight, who was a track star during his time at Oregon, has poured $300 million. Clark Christianson is one of the most respected medical professionals in Alabama and the whole country in general. The new facility, which will be called the Tony and Libba Rane Culinary Science Center, was approved by the Auburn University Board of Trustees on April 7. Hes promised to give away over 99% of his fortune and has already donated $3.5 billion in his lifetime. Is Jimmy Butler The Most Underrated Playoff Star In The NBA? Net worth: $900 million Jimmy Rane is the founder and CEO of Great Southern Wood Preserving. The company, headquartered in his hometown of Abbeville, is the largest of its kind in the world. Tharaldson is North Dakotas first billionaire. May 26, 2016. (J. Rane/Contributed) Jimmy Rane ABBEVILLE, Ala. According to Forbes.com, Jimmy Rane is still Alabama's richest resident, with a net worth of $700 million. Read More. Several of the members of this group also appear on the Forbes Worlds Billionaires List, which is published in March, and The Forbes 400 list of the richest Americans, which comes out in October. Creative Commons Attribution-ShareAlike. The centerpiece of downtown, the Henry County Courthouse, is a contemporary building because the original was demolished. Miller and husband Larry (d. 2009) turned a single Toyota dealership into a $5.1 billion (estimated revenue) operation with 64 dealerships. He is a well-versed professional with an impressive resume; he was formerly Chief Executive Officer of the University of Mississippi Med Center. Hotelier Gary Tharaldson, who has been North Dakotas richest person since 2015, finally reached the three-comma club, making him the first (and only) billionaire from his home state. But that's changing. Discount retailer Tuesday Morning is set to close all six of its stores in Alabama. this link is to an external site that may or may not meet accessibility guidelines. Van Emst/AP Net worth: $900 million. In all, 53 billionaires and centimillionaires made the ranks (three states had ties). He is one of the famous young American YouTubers. One of the richest men in sports, Anschutz owns the L.A. Kings, the L.A. Galaxy, over a quarter of the Lakers, and the Staples Center (home to both the Lakers and the Kings). He has a net worth of $900 million. This proved to be true yet again as he led the Heat to an upset series win over the Bucks. Providence has invested in more than 180 companiesmany in the media, communications, education and information industriesincluding Hulu and the Ironman triathlon. He has also established a foundation to grant college scholarships. Today it is time to turn our attention to Alabama and look at the richest person in Alabama. Located in a far southeastern corner of the state, within spittin' distance of the Georgia line, it's a little town mostly known to those who live there or who happen upon it. The Charleston, South Carolina-based company also owns an aerospace engineering firm and extensive commercial real estate. In fact, Rane, a lifelong resident of Abbeville, spends a lot of his time saving historic buildings and helping revitalize the tiny town. Alabama is one of the most populated states in the US and it is located in the south-eastern part of the country. Photo by Bob Levey/Getty Images. . Learn how your comment data is processed. Reflects change since 5 pm ET of prior trading day. Rane, a self-made. Dr. Swanner attended Samford University, graduating in 1994. As a result, over two thousand employees will lose their jobs, and all stores will be closed over the coming weeks. 2023 Advance Local Media LLC. It was a down year for many billionaires, but these 150 new faces beat the odds. "It's a very important place. The San Francisco 49ers will have to make a decision about whether to compete with other teams for the services of internal free agents Mike McGlinchey and Jimmie Ward. Read More. 9. Rane started the Jimmy Rane Foundation in 2000, which has since awarded more than 560 college scholarships. I'm a deputy wealth editor covering billionaires and their businesses. Today the company is the largest of its kind not just in Alabama, not even just in the United States, but in the entire world. Read More. Read More. Will we see Jimmie Johnson in the broadcast booth, maybe owning a race team, in the future? Many companies featured on Money advertise with us. For many years, Raneportrayed a cowboy dressed in sunshine yellow for television commercials to promote his YellaWood product. Shaw, then spent two years working for Amazon before starting his own firm with fellow billionaire David Siegel in 2001. On Thursday, Judge Edward L. Morris of the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of the retailer known as Tuesday Morning to a liquidation company. Visitors can see more vintage advertising signs, as well as movie memorabilia and antique mercantile displays inside Rane's restaurant, Huggin' Molly's. Lumber magnate Jimmy Rane, who advertises his company Great Southern Wood Preserving by posing as his alter ego Yella Fella, recently took over as Alabama's wealthiest person. Griffin founded and runs Citadel, a Chicago-based hedge fund that manages $32 billion in assets. All stores in San Antonio are now set to close. Jason Swanner is the Director of Clinical Operations for the University of Alabama Opthalmology Services. He is a self-made businessman; and one of the richest people in Alabama. Rane is one of the few people to make the. Mr. ONeil is estimated to make about $1.95 million per year, with a basic salary of about $420,615, while the balance is made up of bonuses and other perks. German heiress, and now U.S. citizen, Reimann-Ciardelli sold her stake in the familys Luxembourg-based investment firm, JAB, to other family members in 2003. Jimmy Rane stars as Yella Fella in Great Souther Woods Yellawood commercials (Photo: Screenshot). Rane is better known as "the Yella Fella," his cowboy alter-ego who appeared in his company's TV commercials. Alabama Jimmy Rane Net worth: $700 million Alaska Leornard Hyde and Jonathan Rubini Net worth: $340 million each Arizona Bruce Halle Net worth: $6 billion Arkansas Jim Walton Net. In addition to leading the efforts to preserve and sustain his hometown and improve his home state, Rane has also proven his commitment to giving the next generation of leaders the opportunity to succeed. 3. Tuesday Morning Corp, a retail business based in Texas, is officially going out of business. Chief Executive Officer of the University of Mississippi Med Center. He made his fortune in coal and owns the Greenbrier resort. Knight, who later bought out his partner, ran the sports giant for 52 years. While some states are home to multiple high-profile billionairesthe worlds richest and second richest men, Jeff Bezos and Bill Gates, both live in Washingtonyou only need a nine-figure net worth to take the top spot in Alabama, Alaska, Delaware, New Hampshire, New Mexico and Vermont. For more information or questions on how to make your gift, please contact us at info@jimmyranefoundation.org or call 334-585-9505. Here's how Forbes describes his ascent: The founder of Abbeville-based building materials company Great. Industry: Lumber. Ive lived here all my life. When Rane went off to law school in 1971, the town was thriving. Read More. Former lists used to put their fortune together with their elder brother James Stephens, but we understand that the Chairman is currently moving to secure his personal fortune outside the family empire, which leaves these three with their combined net worth of about 3 Billion dollars which amounts to roughly 1 billion for each person. Jimmy Rane Net worth: $900 million Age: 72 Source of wealth: lumber Residence: Abbeville, Alabama Rane is the founder and CEO of Great Southern Wood Preserving, which makes decks, fences and. Jimmy Rane: Founder, president and CEO of Great Northern Wood: $700M: Lumber: Self-Made: Alaska: 50: . He started playing the markets at age 12, getting tips from golfers while he worked as a caddie, then launched Bridgewater from his two-bedroom New York City apartment in 1975. But wanting it is not enough. She worked for the company for nearly 20 years and served on the board until 2016. He has a net worth of $900 million. We are committed to delivering the news in a manner that reflects the state of Alabama, its people and their values. Read More. Peterffy arrived in America in 1965 at age 21, the penniless descendant of Hungarian aristocrats who lost nearly everything to the Soviets. He ran the company as a small side business for years while working as a lawyer, before eventually turning to it full-time. Yesterday Judge Edward L. Morris of the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of the retailer known as Tuesday Morning to a liquidation company. His father Elton B. Stephens started the company with an investment of $5,000. Rane came up with the idea to advertise via short western films after reading about how Frank Perdue branded his chicken. Nevada, for instance, is certainly less famous than the son of the founder of Wall-Mart, Jim Walton, even though their net worth is roughly the same amount at 35.6 billion and 38.5 billion respectively. Copyright Yellowhammer NewsWebsite by Sharp Guys Web Design. His parents started the business in their Bloomington, Indiana, apartment in 1963; Cook took over after his fathers death in 2011. Isaac Willian Ferniany is the CEO of the University of Alabama at Birmingham Health System. "It's a very important place. My friends and family are here. Among its businesses are a copper mine and a regional railroad, plus stakes in two diamond mines. Another retailer is set to farewell Mississippi. Learn more about how we make money. As a result, over two thousand employees will lose their jobs, and all stores will be closed over the coming weeks. "We are just stewards while we are here. His base pay is $649,247 annually with additional benefits and perks that bring his total compensation to $1.48 million. Interestingly, he studied to become a lawyer, and only entered the lumber business when he was called upon to settle a family dispute involving his familys fence post-making business. The second richest person(s) in Alabama is the Harbert children. Yesterday Judge Edward L. Morris of the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of the retailer known as Tuesday Morning to a liquidation company. Yesterday Judge Edward L. Morris of the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of the retailer known as Tuesday Morning to a liquidation company. But one's family is subject to . Despite being at the bottom of the list of states with the wealthiest people in America, there is evidence that Alabama has a lot of potentials. The building will be a multi-use facility that will include a restaurant, practice kitchens, a beverage appreciation center, a spa, meeting and boardrooms, hotel rooms, and luxury apartments. Recently I have been researching and writing a series articles featuring the richest people in cities and states across the United States. Yet when most hedge funds lost money in 2018, the biggest hedge fund of Ken Griffins Citadel returned 9.1%, boosting Griffin's net worth 30% to $11.7 billionmaking him the biggest gainer. The Abbeville lumber manufacturer is valued at $700 million. He has also become famous for his cowboy alter ego, the Yella Fella, who appears in his companys commercials warding off bandits. He also owns the NBAs Cleveland Cavaliers. We are committed to delivering the news in a manner that reflects the state of Alabama, its people and their values. Discount retailer Tuesday Morning is set to close all six of its stores in Georgia. With over 10 years experience he's covered businesses, CEOs, and investments. Read More. 84 Chevrolet Camaro for this weekends NASCAR Cup Series race at Circuit of The Americas. He first cofounded Marbob Energy, which offered pumping services to well owners, then struck out on his own with Mack Energy Corp. in 1988. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace. He liberated airlines and trucking and enabled the 1980s-1990s boom, Bachelor of Arts/Science, Auburn University. "Nobody really owns anything," Rane said. The companys first big hit was the Milky Way candy bar, introduced in 1923. A contemporary example is Tanner Fox. [1], In 1970, Jimmy Rane founded Great Southern Wood Preserving Inc. in Abbeville, Alabama, Rane's hometown. Buffett, the CEO and chairman of conglomerate Berkshire Hathaway, is one of the most successful investors of all time. Read More. Mars is a great-granddaughter of Frank Mars, who in 1911 founded the candy company known for M&Ms and Milky Way bars. He also reconstructed the facade of the Archie Theater, the mid-century auditorium where he used to watch western movies on Saturday afternoons. Alabama is a state that has a remarkably high number of rich people who have a net worth over a million or more, but there are very few billionaires. This is our fifth year compiling a list of the richest person in every state. Margurite accused Raymond of mishandling the family fortune, but Raymond who is an astute businessman to an exception to the accusation, and so the family divided their fortunes, while Raymond continues with his business. In 1970, as a law student, Rane stepped in to mediate a family dispute over his father-in-laws estate and ended up taking control of a small fence post manufacturer. "If you came to town on a Saturday, the sidewalks would be so crowded you could hardly walk.". Gustavson owns Spendthrift Farm, the racehorse breeding farm. Now it's one of the largest lumber production houses of the Southeastern US. Alabama: Jimmy Rane 2020 estimated worth: $900 million. Interestingly, he is not a financial expert or a hedge fund manager, but a medical professional. 10. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Organizers hoped to move the Parks home from a rural part of the county to downtown Abbeville where people could visit it. Wexner founded and runs L Brands, the $12.6 billion (revenue) global retail empire that includes Victorias Secret and Bath & Body Works. James Stephens is the Chairman of EBSCO Industries. Follow me for the latest updates. Rane, who also serves on the board of trustees for Auburn University, said he believes in aquote about the importance of the dash between the birth and death dates on a tombstone. He began selling magazine subscriptions to the US military in 1944. Like many legends, Jimmie Johnson, as he ages, can't leave racing behind, preferring to take on new challenges, like partnering in a Nascar team (Legacy Motor Club) and racing at Le Mans. Discount retailer Tuesday Morning is set to close all seven of its stores in North Carolina. "As they aged, my parents grew melancholy that all the work to build the community was lost," he said. The continued his education at the University of South Alabama College of Medicine and graduated in 1998. Sign up for free Patch newsletters and alerts. [2]. He joined the company in 1987 and has served as the President and CEO since 2009. Read More How Tanner Fox Achieved a Net Worth of $6 MillionContinue, Kim Basinger has made her fortune as a model, singer and award winning actress. Read More. They also oversee an Alaskan military housing development and hotels in both Alaska and the continental United States. He got his start in 1963, when he used a $5,000 loan from his aunt to open The Limited, which sold fast-moving items like shirts and pants. Yesterday Judge Edward L. Morris of the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of the retailer known as Tuesday Morning to a liquidation company. Marguerite sued her brother Raymond over allegations of mishandling of the estate, so its hard to tell how the situation will shake out. Some of its people have made significant contributions to the country and to the world.". Read More. Rane started the Jimmy Rane Foundation in 2000, dedicated to providing college scholarships to deserving students and strengthening our communities through education projects and grants. With the money he has gotten from Great Southern Wood Preserving Inc., Jimmy Rane is now trying to revitalize his hometown of Abbeville, Alabama. Yesterday Judge Edward L. Morris of the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of the retailer known as Tuesday Morning to a liquidation company. Great Southern Wood, which Rane promoted via his wacky Yella-Fella alter ego, now pulls in $700 million a year in revenue. Tuesday Morning Corp, based in Dallas, is going out of business. This conservative U.S State, which is ranked 45th in America with few known billionaires if any, might not be a commercial hub, or a significant contributor to the countrys economy- but with the wealthiest people in Alabama, it shows the state certainly has a few people who understand wealth, and what it takes to build it. I agree to Money's Terms of Use and Privacy Notice and consent to the processing of my personal information. His base pay is $1.2 million with total annual compensation of $1.36 million. "I thought, 'I don't know what we can do but we're going to do something.'". I want to do all I can to help make Alabama as great as it can be.. So how does he spend all that money? Collectively, the wealthy on the Forbes list had a net worth of $875 billion, which the magazine says set a new record. However,, Read More How Kim Basinger Achieved a Net Worth of $20 MillionContinue, Pro football players have more opportunities than ever to keep raking in the big bucks even after retirement, and Brett Favre knows this. The retail apocalypse continues, and this time it is a Texan retailer closing down. According to the Forbes report of 2019, James W Rane was the richest person in Alabama. Read More. He attended the University of Alabama. James Stephens has since inherited a portion of the company since the death of his father in 2005. The size of Ranes wealth is only rivaled by the size of his generosity. Discount retailer Tuesday Morning is set to close all seven of its stores in Arizona. These days hes busy with a second career of philanthropy and early venture investing; he and AOL cofounder Steve Case recently invested alongside one another in edtech startup Knowledgehook. Hes better known as the Yella Fella, his cowboy alter-ego who appears in the companys TV commercials. Read More. The top 10 richest people on the Forbes list are: Jeff Bezos & family: $157 billion (Washington)Warren Buffett: $85 billion (Nebraska) Mark Zuckerberg: $71 billion (California)Michael Bloomberg: $53.8 billion (New York)Jim Walton: $51.1 billion (Arkansas)Alice Walton: $50.1 billion (Texas)Charles Koch: $42 billion (Kansas)Sheldon Adelson: $35.7 billion (Nevada) Phil Knight & family: $35 billion (Oregon) Jacqueline Mars: $28.1 billion (Virginia)John Mars: $28.1 billion (Wyoming). James W Rane James W Rane is the face of Alabama when people talk about success stories. Melaleuca sells them directly from the factory to over 1.5 million consumers every month through its online store. He was born in Birmingham, Alabama and is a graduate of Yale University and the Harvard Business School. So he purchased the company they had founded, Great Southern Wood Preserving, which makes decks and fences. Read More. Jimmy Rane Reviewing real-time net worth estimates from Forbes, 24/7 Wall St. reviewed the wealthiest person in every state. Mark Nix is not just one of the richest men in Alabama; he is also one of the most respected medical consultants in the state. Your dash is how you find your stewardship. Its a subsidiary of DriveTime Automotive, the nations fourth-biggest used car retailer, which the older Garcia founded and runs. Rane founded Great Southern Wood Preserving, a treated lumber company, and today the company is the largest of its kind in the world, according to Birmingham, Ala.'s Yellowhammer News, with $700 million in annual revenue. He also owns more than 500,000 acres of timberland in his home state. Dalio is the founder of the worlds largest hedge fund firm, Bridgewater Associates, which manages $160 billion in assets. The fracking pioneer runs Continental Resources, one of the nations biggest independent oil companies. Yesterday Judge Edward L. Morris of the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of the retailer known as Tuesday Morning to a liquidation company. He is the founder of Great Southern Wood Preserving Inc. . Although he often lives in the shadow of his superstar celebrity wife, the man is no slouch. Chase made his fortune in the Permian Basin oil fields in Texas and New Mexico. The article stated. Their money is still dependent on the family company EBSCO Industries, and they are still the richest family in Alabama. According to multiple profiles, Rane has mostly concentrated on revitalizing his hometown of Abbeville, population 2,700. In addition to leading the efforts to preserve and sustain his hometown and improve his home state, Rane has also proven his commitment to giving the next generation of leaders the opportunity to succeed. John and Margurite are estimated to be worth about 2 billion dollars each, and although much still has to be worked out legally, they remain some of the richest people in Alabama. A one-time heavy crane operator, Washington parlayed an early love of machinery into a diversified business group called Washington Companies. An active philanthropist, Sanford has so far given away more than $1.6 billion to charity. Its products are now used by more than 83,000 organizations around the world, and it generates over $3.2 billion in annual revenue. Alabama: Jimmy Rane. Formula One World Champion Jenson Button will also be making his NASCAR Cup Series debut as both drivers prepare for this year's 24 Hours of Le Mans. people are surprised at the kind of money they see when they look at the list of the richest people in Alabama. Jun 22, 2017 Forbes magazine named James W. "Jimmy" Rane Alabama 's wealthiest person. He and his wife, MacKenzie, are divorcing after 25 years of marriage. There has recently been an increase in the number of rich Alabama residents to the tune of 7.9 percent according to Wealth X, but sources show that the numbers are still low in comparison to other states. Forbes of the richest people in every state. Though Frist Jr. no longer holds an executive position at the public company, which owns and operates 179 hospitals and 119 surgical centers, his two sons are board members. Lumber magnate Jimmy Rane used a series of bizarre but effective timber commercials to brand his product. Back in 1970, Rane was an attorney in Birmingham when tragically, his wife's parents died in a car accident. Cook is the CEO of Cook Group, a $2.4 billion (revenue) medical device manufacturer. Real Time Net Worth as of 4/30/23 #2343 in the world today Photo by Mary Beth Koeth for Forbes About Jimmy Rane Jimmy Rane is founder and CEO of Great Southern Wood Preserving, which. Rane recognized 50 scholarship recipients Thursday night at the beginning of his 22nd annual golf event, which. Not just because it's home but because of the history of the town. Alabamas richest resident is Jimmy Rane, the founder and CEO of Great Southern Wood Preserving, who is worth $900 million, according to Forbes. ", Henry County history and the Rosa Parks home. He is at the center of the advertising for his . The "dash" is how we live our lives, he said. Yesterday Judge Edward L. Morris of the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of the retailer known as Tuesday Morning to a liquidation company. Garcia is the biggest shareholder of Carvana, an online platform for selling used cars and making auto loans that his son Ernest Garcia III founded. She succeeded him as owner of both teams after a multiyear dispute with Toms daughter and grandchildren that ended in a confidential settlement. Read More. Source: Courtesy of Auburn University Alabama: Jimmy Rane > 2020 estimated worth: $900 million Lumber magnate Jimmy Rane, who advertises his company Great Southern Wood Preserving by posing as his . In 2011 she opened the Crystal Bridges Museum of American Art in her hometown, Bentonville, Arkansas. Alabama is one of the most populated states in the US and it is located in the south-eastern part of the country. On Thursday, Judge Edward L. Morris of the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of the retailer known as Tuesday Morning to a liquidation company. Rane's father would give him 15 cents for a movie - 10 cents for the ticket and 5 for snacks - and little Jimmy would have to step from the sidewalks into the streets to make his way to the Archie Theatre. Find Out: 10 Ways to Realistically Make Your First $1M. No More Debate: Jimmy Butler Is A Superstar, Jimmy Lai: Freedom Of Speech Is A Dangerous Job. James W Rane is now the founder and Chairman of Great Southern Wood Preserving Inc. which is the biggest lumber processing company in the region. Some of Wikitia's pages are sourced from Wikipedia.org's Mainspace and Draftspace. Read More. Alabama's richest resident is Jimmy Rane, the founder and CEO of Great Southern Wood Preserving, who is worth $900 million, according to Forbes. Bloomberg also served as mayor of New York City for three terms.
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