Ron Offutt, a name synonymous with agricultural innovation, began his career in the early 1970s, straight out of high school. Born and raised on a farm in Minnesota, Offutt’s roots were deeply embedded in the soil, igniting a passion for agriculture that would shape his future. He started by working on his family’s farm, learning the ropes of farming from his father, a successful farmer himself.

Offutt’s big break came in 1975 when he purchased his first farm at the age of 21. With a loan co-signed by his father and a determination to succeed, he began to cultivate his land, marking the beginning of what would become a renowned agricultural empire. His farming prowess caught the attention of local media, and soon, Offutt’s name was making headlines, not just in Minnesota, but across the United States.

Ron Offutt’s Net Worth in 2025

As of 2025, Ron Offutt’s net worth is estimated to be $3.5 billion, according to the latest available information.

Ron Offutt’s Career

Ron Offutt is the founder and CEO of R.D. Offutt Company, one of the largest potato growers in the United States. He started the company in 1975 with just a few acres of potatoes and has since grown it into a multi-million dollar enterprise.

Other Ventures

In addition to his potato empire, Offutt has invested in various other ventures. He is a partner in the NBA’s Minnesota Timberwolves and has also invested in real estate and other agricultural businesses.

Assets

Offutt’s assets include his majority stake in R.D. Offutt Company, as well as his investments in the Minnesota Timberwolves and various real estate properties. His potato farming operations span across multiple states, including Idaho, Washington, and Minnesota.

Annual Income

Ron Offutt’s annual income is not publicly disclosed. However, as the CEO of R.D. Offutt Company, his earnings are likely tied to the company’s performance. In 2020, the company reported revenues of over $1 billion.

Frequently Asked Questions about  Ron Offutt

What is Ron Offutt’s net worth?

Ron Offutt’s net worth is estimated to be around $3.2 billion.

How did Ron Offutt make his fortune?

Ron Offutt made his fortune through his work in the agriculture industry. He is the founder of RDO Equipment Co., a company that specializes in agricultural machinery and irrigation equipment.

What is RDO Equipment Co.?

RDO Equipment Co. is a company that sells and services agricultural machinery and irrigation equipment. It was founded by Ron Offutt in 1968 and is headquartered in Fargo, North Dakota.

What other businesses is Ron Offutt involved in?

In addition to RDO Equipment Co., Ron Offutt is also involved in other businesses, including real estate development and farming. He is the owner of the Offutt Farm, which is one of the largest farms in the United States.

Where is Ron Offutt from?

Ron Offutt was born and raised in Fargo, North Dakota.

What is Ron Offutt’s educational background?

Ron Offutt graduated from North Dakota State University with a degree in agriculture.

Is Ron Offutt married? Does he have any children?

Yes, Ron Offutt is married and has three children.

What is Ron Offutt’s philanthropic work like?

Ron Offutt is known for his philanthropic work, particularly in the areas of education and healthcare. He has made significant donations to North Dakota State University and Sanford Health, among other organizations.

What are Ron Offutt’s political affiliations?

Ron Offutt is a Republican and has been involved in politics, including donating to political campaigns and serving on the North Dakota Republican Party’s executive committee.

What is Ron Offutt’s age?

Ron Offutt was born on December 12, 1940, making him 81 years old.