Richard Teets Jr

Richard Teets Jr

Richard Teets Jr (#2950)

Global Rank #2950
Country Rank #903
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 #2,950
Country Rank #903
Net Worth $1.3B
Previous Worth $1.4B
Worth Change -$0.1B
Country United States
Industry steel
Age 70 Years
Gender M
Worth As Of May 4, 2026
Residence Butler, Indiana
Citizenship United States
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 -$0.1B -7.1% from previous worth
Previous Net Worth $1.4B
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.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Richard Teets Jr.

#3332
Billionaires (2026)

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.

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