Kevin Plank Net Worth (Updated 2026).

Kevin Plank, the founder and executive chairman of Under Armour, didn’t always wear the title of a successful entrepreneur. His journey began in the late 1990s when he was a special teams captain for the University of Maryland’s football team. It was during this time that he noticed the discomfort of traditional cotton T-shirts during intense workouts, sparking an idea that would eventually revolutionize the athletic apparel industry.

Kevin Plank’s Current Net Worth (2025)

As of 2025, Kevin Plank’s net worth is estimated to be around $4.1 billion, according to Forbes. This significant wealth is primarily attributed to his stake in Under Armour, the sports apparel company he founded in 1996.

Kevin Plank’s Career

Kevin Plank, born in 1972, is an American entrepreneur and the founder, executive chairman, and brand chief of Under Armour. He started the company in his grandmother’s basement, initially selling T-shirts out of his car. Plank’s innovative approach to athletic apparel, focusing on performance and moisture-wicking fabrics, revolutionized the industry.

Other Ventures

In addition to Under Armour, Plank has invested in various other ventures. He is a co-owner of the Sagamore Spirit distillery in Baltimore, Maryland, and has also invested in the Baltimore Ravens football team. Furthermore, Plank has been involved in real estate development, including the construction of the Under Armour global headquarters in Baltimore.

Assets

Kevin Plank’s primary asset is his 15% stake in Under Armour, which is valued at over $3 billion. He also owns several properties, including a 16,000-square-foot mansion in Baltimore County, valued at around $20 million. Additionally, Plank’s art collection, featuring works by artists like Andy Warhol and Roy Lichtenstein, is estimated to be worth tens of millions of dollars.

Annual Income

As of 2020, Kevin Plank’s annual income was estimated to be around $5 million, primarily from his salary and dividends from Under Armour. However, it’s important to note that his income can fluctuate significantly from year to year due to changes in Under Armour’s stock price and performance.

Frequently Asked Questions about  Kevin Plank

Frequently Asked Questions: Kevin Plank Net Worth

1. What is Kevin Plank’s net worth?

Kevin Plank’s net worth is estimated to be around $4.5 billion.

2. How did Kevin Plank make his fortune?

Kevin Plank made his fortune by founding Under Armour, a sports apparel company, in 1996. He started the company with just $20,000 and turned it into a global brand.

3. What is Kevin Plank’s role at Under Armour?

Kevin Plank is the founder and executive chairman of Under Armour. He served as the company’s CEO from 1996 until 2010, and then again from 2017 to 2020. He stepped down as CEO in 2020 but remains on the board of directors.

4. What inspired Kevin Plank to start Under Armour?

Kevin Plank was inspired to start Under Armour after becoming frustrated with the sweat-soaked T-shirts he wore during football practice at the University of Maryland. He wanted to create a shirt that wicked moisture away from the body, and thus, Under Armour was born.

5. What is Kevin Plank’s educational background?

Kevin Plank graduated from the University of Maryland in 1994 with a degree in business administration.

6. Where was Kevin Plank born and raised?

Kevin Plank was born and raised in Kensington, Maryland. He grew up in a middle-class family and played football at the University of Maryland.

7. What is Kevin Plank’s philanthropic work like?

Kevin Plank is known for his philanthropic efforts, particularly in the areas of education and youth development. He has donated millions of dollars to various causes, including the University of Maryland and the Plank Foundation, which he founded in 2003.

8. What is Kevin Plank’s investment portfolio like?

In addition to his stake in Under Armour, Kevin Plank has invested in various other companies and ventures. He is a co-owner of the NBA’s Baltimore Ravens and has invested in startups such as Roc Nation and Athletic Greens.

9. How does Kevin Plank spend his time outside of business?

Kevin Plank is an avid sports fan and enjoys spending time with his family. He is also known for his love of hunting and fishing, and he has a farm in Maryland where he raises cattle and grows crops.

10. What is Kevin Plank’s leadership style like?

Kevin Plank is known for his hands-on, aggressive, and competitive leadership style. He is a strong believer in the power of hard work and has instilled this ethos in the culture of Under Armour.