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Duane Hagadone Net Worth, Biography & Wiki 2017
Duane B. Hagadone was born on the 3rd September 1932, in Coeur d’Alene, Idaho USA, and is a newspaper publisher, businessman and real estate developer, best recognized for being the owner of the Hagadone Corporation, as well as the owner of the Coeur d’Alene Resort and Golf Course, one of the best golf courses in North America. His career has been active since the mid-1950s.
So, have you ever wondered how rich Duane Hagadone is, as of mid-2017? According to authoritative sources, it has been estimated that Duane counts the total size of his net worth at the impressive amount of $800 million, accumulated through his successful involvement in the business industry.
Duane Hagadone Net Worth $800 Million
Duane Hagadone was raised with two younger sisters by his parents, Beverly and Burl Hagadone. When he was a boy, he started working for the Coeur d’Alene Press, a local newspaper owned by the E. W. Scripps Company. Upon matriculation from Coeur d’Alene High School in 1950, he enrolled at the University of Idaho in Moscow; however, he quit education in order to join his father’s publishing company.
At the beginning of his career, Duane worked as an advertising salesman at the company, and after the death of his father he was hired as a publisher by the Scripps. Thanks to him, the Coeur d’Alene Press quickly became one of the most successful newspapers, and his company, called the Hagadone Newspaper Company, as a division of the Scripps, grew to an ownership of 17 newspapers. In 1976, he bought the Coeur d’Alene Press and founded the Hagadone Corporation, adding a considerable amount to his net worth. Currently, his publishing company owns 21 newspapers, not only in Idaho, but also in Montana, Wisconsin and Washington.
To speak further about Duane’s career, the Hagadone Corporation is also dedicated to real estate and land developing, as he owns one of the largest estates in Palm Desert, California, an area of 5,900 m2 (64,000 square foot), which consists of the Coeur d’Alene Resort and Golf Course, Coeur d’Alene Airport, Hagadone Hospitality, Silver Beach Marina, Coeur d’Alene Plaza shopping center, Lake Coeur d’Alene Cruises, and Quicksilver Photography among other parts. All of these have a huge influence on his net worth. Beside that, he is also the owner of a 164-foot yacht named after his wife “Lady Lola”.
Thanks to his accomplishments, Duane has won several prestigious awards, including the Horatio Alger Award which he received in 2004 from the Horatio Alger Association of Distinguished Americans, and he was named the 2006 Idaho Business Leader of the Year by the Alpha Kappa Psi fraternity of Idaho State University. Moreover, his property was named one of the best travel destinations in the world.
When it comes to speak about his personal life, Duane Hagadone is married to Lola Hagadone. Previously, he was in marriage with Nancy Jane Collier Hagadone (1953-1969), with whom he has two sons.