Harry Stine (businessman)

Agricultural seed magnate From Wikipedia, the free encyclopedia

Harry H. Stine (born 1941/1942) is an American billionaire businessman, the founder and owner of Stine Seed.

Quick Facts Born, Nationality ...
Harry Stine
Born1941 or 1942 (age 82–83)[1]
NationalityAmerican
Alma materMcPherson College
Occupation(s)Farmer and seedsman
Known forFounder and owner of Stine Seed
Owner of International Oilseed Distributors, Inc.
SpouseMolly[2]
Children4[3]
Websitewww.stineseed.com/about/company-leadership/harry-h-stine/
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Family and early life

He is the son of Bill and Roselba Stine. In 1871, his great-grandparents, William and Sarah Stine arrived in Adel, Iowa, from Pennsylvania, and established a 160-acre farm there. In 1894, his grandfather Ira Cloyd Stine married Lydia Sheaffer and they had had four children, all sons. Everyone worked for I.C Stine and Sons until after World War II. In 1934, Bill and Roselba Stine moved to the 200-acre farm that would become Stine Seed Farm, which was founded in the 1950s.[4][5]

Career

He made his fortune licensing soybean and corn genetics to Syngenta, Monsanto, and other agribusiness giants.[6][7]

He is Iowa's richest man and as of 2020, the state's only billionaire.[8][9][10][11]

Owning nearly 15,000 acres of land in Iowa through his private ownership of Stine Seed,[12]

In 2018, he was listed as the wealthiest in Iowa with a net worth of $3.2 billion by Forbes.[13] In 2019, he increased his fortune by $1.8 billion to $5 billion ranking him the richest Iowan and #131 richest in the United States by Forbes.[7][14] In 2020, his net worth was estimated at $5.7 billion ranking him the richest Iowan and #484 richest in the world by Forbes.[14][15]

Politics

As a registered Republican, he did not support Donald Trump during 2020 elections but favored Elizabeth Warren in the 2020 Iowa Democratic caucuses.[16]

References

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