Menards founder John Menard Jr. is the wealthiest person in the state of Wisconsin, according to the Milwaukee Sentinel Journal.

The newspaper reports that Menard’s net worth is $9.9 billion according to Forbes’ list of the 400 richest people in America. Eau Claire, Wisconsin, ABC affiliate WQOW reports that Menard’s wealth increased over last year, but he dropped a spot on the list to land at #47.

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