Entrepreneur and philanthropist, Kevin Plank became a self-made billionaire after starting Under Armour, a sportswear manufacturing company headquartered in Baltimore, Maryland. While attending the University of Maryland, he launched a seasonal floral business selling roses on Valentine’s Day. With his earnings from sales and a small business loan, he started Under Armour selling shirts from his automobile, based on his Wikipedia’s profile. After a huge success in 2010 and transforming into a billion dollar company, Kevin became a devoted philanthropist with the mission of supporting academics and athletics.
Between 2014 through 2016, Kevin Plank donated $43 million to Baltimore CollegeBound, University of Maryland, St. John’s College High School, and a children’s Catholic school. He pledged $25 million to the University of Maryland and $1 million to CollegeBound. The funds helped send students to college and to build an athletics and academic complex. St. John’s in Washington, DC received $16 million to fund its athletics, academia, and entrepreneurship programs. Plank helped 100 children in the local community receive a quality education from a Catholic educational institution.
Kevin Plank earned a bachelor’s degree from the University of Maryland while running his business. In 1996, he sold $17,000 in merchandise and four years later, ran an advisement in ESPN’s The Magazine which was a great success with revenue reaching $1 million. Earnings continuously increased over the years and by the end of 2017, Under Armour had over 15,000 working employees and revenue reached $5 billion.
Award recipient, Kevin Plank serves as Chairman and Chief Executive Officer of Under Armour. Organizations including Sport’s Illustrated, Footwear News, and US Small Business Administration recognize him for his achievements as an entrepreneur. He founded Sagamore Farm and owns 100 horses with 40 in active training. He’s founder of Sagamore Spirit, a whiskey distillery and Sagamore Development, a real estate company managing over $5 billion in properties for residential, office, retail, and office space developments.