Richard Teets Jr

Richard Teets Jr (#2914)

Global Rank #2914

Country Rank #902

Country United States

Richard Teets Jr is listed among the world billionaires tracked by Iconic Billionaires.

$ 1 B
steel
United States
M
70 Years

Snapshot

Quick Facts

Global Rank #2,914

Country Rank #902

Net Worth $1.3B

Previous Worth $1.3B

Worth Change +$0.0B

Country United States

Industry steel

Age 70 Years

Gender M

Worth As Of May 4, 2026

Last Refreshed 18 Jul 2026, 12:00 AM

Residence Butler, Indiana

World Billionaires List United States Billionaires steel

Profile Data

Personal Stats

Age 70

Source Of Wealth steel, Self Made

Residence Butler, Indiana

Citizenship United States

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $1.3B

Current Net Worth $1.3B

Worth as of May 4, 2026

About Me

Richard Teets is a cofounder of Steel Dynamics, one of the largest steel producers and metals recyclers in the United States. He cofounded the Fort Wayne, Indiana-based company in 1993 and helped take it public on the Nasdaq in 1996. He retired as the company's executive vice president for steelmaking and president and chief operating officer of steel operations in 2016. He owns 3% of the company.

Wealth Growth

Net Worth Growth Over Time

Tracking Richard Teets Jr's net worth journey over the years, highlighting key growth phases and financial milestones.