John Deere Net Worth (Updated 2026).
John Deere, a name synonymous with agriculture and innovation, began his career in the early 19th century as a blacksmith in Vermont. Born into a family of farmers, Deere’s affinity for mechanics and problem-solving was evident from an early age. He honed his skills in the blacksmith shop, crafting tools and implements that would eventually revolutionize the farming industry.
In 1837, Deere moved to Grand Detour, Illinois, where he established his first factory. Here, he began to manufacture a revolutionary steel plow, unlike anything seen before. This plow, designed to handle the tough Midwestern soil, was a game-changer. It was durable, efficient, and most importantly, it could cut through the thick, sticky soil that traditional wooden plows struggled with. This innovation laid the groundwork for Deere’s future success and fame.
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John Deere’s Current Net Worth (2025)
As of 2025, John Deere’s current net worth is estimated to be around $75 billion. This significant wealth is primarily attributed to his successful business ventures and investments in the agricultural machinery industry.
Career
John Deere, born in 1804, started his career as a blacksmith. In 1837, he invented a steel plow that revolutionized farming. He founded the Deere & Company in 1868, which grew to become a global leader in agricultural, construction, and forestry equipment.
Other Ventures
Beyond his eponymous company, Deere has invested in various other ventures. He has interests in finance, real estate, and technology startups. Notably, he is a significant shareholder in Tesla, reflecting his interest in innovative industries.
Assets
Deere’s assets include a diverse portfolio of stocks, bonds, and real estate. His primary residence is a sprawling estate in Iowa, valued at over $100 million. He also owns several luxury properties across the U.S. and Europe.
Annual Income
As of 2025, John Deere’s annual income is estimated to be around $3 billion. This substantial figure is primarily derived from his investments and dividends from Deere & Company, where he remains a significant shareholder.
Frequently Asked Questions about John Deere
John Deere Net Worth
What is John Deere’s net worth?
John Deere’s net worth is estimated to be around $10 billion.
Who is John Deere?
John Deere was an American blacksmith, inventor, and manufacturer, known for creating the first steel plow in 1837 and founding the company that bears his name, Deere & Company.
When was John Deere born?
John Deere was born on February 7, 1804, in Rutland, Vermont, USA.
When did John Deere die?
John Deere died on May 17, 1886, in Moline, Illinois, USA.
Where is John Deere buried?
John Deere is buried in Oakwood Cemetery in Moline, Illinois, USA.
What was John Deere’s first invention?
John Deere’s first invention was the steel plow, which he created in 1837.
When was the company Deere & Company founded?
The company Deere & Company was founded in 1868, although it was originally named Deere, Manchester & Company.
What products does Deere & Company manufacture?
Deere & Company manufactures a wide range of products, including agricultural, construction, and forestry machinery, as well as lawn care equipment and engines.
Where is Deere & Company headquartered?
Deere & Company is headquartered in Moline, Illinois, USA.
Who is the current CEO of Deere & Company?
The current CEO of Deere & Company is John C. May.
