What is Bill Pulte’s net worth?
Bill Pulte, a Michigan-based businessman and Twitter philanthropist, has a net worth of $100 million, largely earned through his private equity firm, Pulte Capital. Despite being the grandson of the founder and chairman of PulteGroup, a home construction and real estate development company with a market cap of $12 billion, Bill claims that the bulk of his wealth has nothing to do with his family’s company. Instead, he cites the 2016 sales of Southern Air & Heat Holdings and Astar Heating & Air as major sources of his wealth.
Bill has gained attention for his social media stunts, including giving away free cars, handing out cash to strangers, and giving away money on Twitter. He has over 2.8 million followers on Twitter and gained further attention when President Donald Trump retweeted him with the message “Thank you Bill” after Bill promised to give $30 thousand to a military veteran if Trump retweeted him. Bill made good on his promise a week later.
Bill’s grandfather, William Pulte, founded Pulte Homes in 1956, which later became PulteGroup. The company posted revenue of nearly $10 billion in 2018 with a net income of just over $1 billion, making it the third largest home construction company in the United States.