Steve Sukup Net Worth (Updated 2026).

Steve Sukup, a name that has become synonymous with innovation and success in the agricultural industry, began his career in the late 1970s. Born and raised in a farming community in Iowa, Sukup’s roots run deep in the soil, instilling in him a profound understanding and appreciation for the land and its potential. After completing his education, he joined his father’s small grain storage business, Sukup Manufacturing, in 1979. Little did he know that this humble beginning would eventually catapult him to fame.

Sukup’s rise to prominence was not overnight, but rather a testament to his dedication, hard work, and unwavering commitment to improving the agricultural industry. He started by designing and manufacturing grain storage solutions, focusing on quality, durability, and functionality. His first major breakthrough came in the 1980s when he introduced the first portable grain dryer, a revolutionary product that significantly enhanced farmers’ ability to store and preserve their harvests. This innovation not only earned him recognition in the industry but also laid the foundation for Sukup Manufacturing’s growth and expansion.

**Steve Sukup’s Current Net Worth (2025)**

As of 2025, Steve Sukup’s estimated net worth stands at an impressive $1.5 billion, according to the latest available information.

**Career**

Steve Sukup, born in 1956, is the CEO and Chairman of Sukup Manufacturing Co., a position he’s held since 1980. He’s played a pivotal role in growing the company from a small, family-owned business to a global leader in grain handling and storage equipment.

**Other Ventures**

Beyond Sukup Manufacturing, Steve is involved in various other ventures. He’s a partner in Sukup Investment Group, which focuses on real estate and private equity investments. Additionally, he serves on the boards of several organizations, including the Iowa Power Fund and the Iowa Innovation Council.

**Assets**

Steve’s assets include a significant stake in Sukup Manufacturing, valued at over $1 billion. He also owns multiple properties across the Midwest, including a 10,000-acre farm in Iowa and a residence in Scottsdale, Arizona. His collection of classic cars, estimated to be worth tens of millions, is another notable asset.

**Annual Income**

While Steve’s exact annual income is not publicly disclosed, estimates suggest it’s in the range of $50 million to $100 million. This includes his salary from Sukup Manufacturing, dividends from his stake in the company, and income from his other ventures.

Frequently Asked Questions about  Steve Sukup

Frequently Asked Questions: Steve Sukup Net Worth

1. What is Steve Sukup’s net worth?

Steve Sukup’s net worth is estimated to be around $1.5 billion.

2. How did Steve Sukup make his fortune?

Steve Sukup, along with his brother Dave, inherited and expanded their family’s grain storage and handling business, Sukup Manufacturing Co., which they took over from their father in the 1980s.

3. What is the Sukup Manufacturing Co. known for?

The Sukup Manufacturing Co. is known for producing grain bins, dryers, and other farm storage structures, as well as providing grain handling and conditioning solutions.

4. Where is the Sukup Manufacturing Co. located?

The company is headquartered in Sheffield, Iowa, United States.

5. When was the Sukup Manufacturing Co. founded?

The company was founded in 1963 by Eugene Sukup, Steve and Dave’s father.

6. What is Steve Sukup’s role in the company?

Steve Sukup serves as the Chairman of the Board for Sukup Manufacturing Co.

7. Does Steve Sukup have any philanthropic endeavors?

Yes, Steve Sukup and his family are known for their philanthropic efforts, including supporting various causes in their community and beyond, such as education, healthcare, and agriculture.

8. What is Steve Sukup’s educational background?

Steve Sukup graduated from Iowa State University with a degree in Agricultural Engineering.

9. Does Steve Sukup have any siblings?

Yes, Steve Sukup has a brother named Dave, who serves as the President and CEO of Sukup Manufacturing Co.

10. What is Steve Sukup’s age?

Steve Sukup was born on October 21, 1954, making him 68 years old.