Robert Plaster Net Worth is a testament to a life built on entrepreneurship, perseverance, and strategic investments. Known for founding Empire Gas, Robert became a leading figure in the propane business, ultimately amassing a fortune worth over $1 billion at the time of his passing. His wealth also stemmed from diverse real estate holdings, which contributed significantly to his business empire.
Beyond his financial success, Robert Plaster left a lasting philanthropic impact. His legacy includes significant contributions to education and the community, particularly in Southwest Missouri, where his charitable donations continue to make a difference today.
Robert Plaster Bio-Data
| Fact | Details |
|---|---|
| Full Name | Robert W. Plaster |
| Date of Birth | September 3, 1930 |
| Date of Death | 2008 |
| Profession | Businessman, Philanthropist |
| Known For | Empire Gas, Philanthropy, Real Estate Investments |
| Spouse | Mary Jean Plaster |
| Children | Stephen Plaster |
| Net Worth (At Death) | $1.3 billion (estimated growth to $5 billion in 2025) |
| Business Ventures | Empire Gas, Evergreen Investments LLC, Real Estate |
| Major Contributions | Robert W. Plaster Foundation, College Contributions |
| Philanthropic Impact | Educational donations, Sports Complexes |
Who Is Robert Plaster?
Born in 1930 in Neosho, Missouri, Robert Plaster was a Missouri entrepreneur who started from modest beginnings. His early life was shaped by the challenges of the Great Depression, but these hardships only motivated him to succeed. He began his career in the gas industry and eventually founded Empire Gas Corporation, a company that would become a leader in propane distribution across the Midwest.
Over the years, Plaster diversified his investments, expanding into real estate holdings and venture capital. Despite the wealth he accumulated, Robert never lost sight of his roots. He remained committed to supporting his community and helping others achieve success. His story is one of entrepreneurial spirit, resilience, and an unwavering commitment to making a difference.
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Robert Plaster Personal Life
Robert Plaster’s personal life was just as rich as his business career. He was married to Mary Jean Plaster, who supported him throughout his entrepreneurial journey. The couple had one child, Stephen Plaster, who continues to manage the family business empire today. Plaster’s personal and family values played a significant role in shaping his business philosophy, emphasizing the importance of community and philanthropic contributions.
His devotion to his family was mirrored in his professional endeavors, where he made decisions not just for profit, but to ensure the long-term impact on his loved ones and the community. Despite his wealth and status, Robert maintained a humble approach to his personal life, prioritizing family and his local community.
Robert Plaster Parents
Robert Plaster’s upbringing was marked by hardship, as his family struggled during the Great Depression. His father’s early death forced him to contribute to the family finances at a young age, developing a strong work ethic that would later define his career. His mother, who instilled in him the “Can’t Never Could” philosophy, taught him the importance of perseverance and positive thinking. This mindset helped him overcome many challenges in both his personal and professional life.
While Robert Plaster’s parents were not wealthy, their guidance and values laid the foundation for his future success. Their support helped him develop a sense of responsibility and self-reliance—traits that would be instrumental in his rise as a high-net-worth individual.
Robert Plaster Wife
Mary Jean Plaster, Robert’s wife, played an essential role in his success. Their partnership was built on mutual support, and Mary Jean’s unwavering belief in Robert’s vision allowed him to focus on his business ventures without distraction. She was not just a supportive spouse but a significant influence in his philanthropic endeavors. Together, they worked to create a lasting impact on Southwest Missouri, contributing to educational initiatives and community development projects.
Their relationship was marked by a strong foundation of trust, and their shared commitment to community engagement was key to the success of the Plaster family’s ongoing legacy.
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Robert Plaster Education
Robert Plaster’s educational journey was not without challenges. Growing up in a financially strained environment, he worked hard to fund his studies. He attended Missouri Southern State University (formerly Joplin Junior College), where he earned a degree in business administration. During his time in college, Plaster demonstrated an aptitude for understanding market forces and economic theory, skills that would later serve him well in his business ventures.
His academic background provided a strong foundation for his future entrepreneurial pursuits, helping him approach business with a mix of intellectual curiosity and practical know-how. The Robert W. Plaster Free Enterprise Center, named in his honor, stands as a testament to the impact his education and business leadership had on future generations of students.
Robert Plaster Age
At the time of his death in 2008, Robert Plaster was 78 years old. His age reflects a full life spent building a legacy that continues to influence business leaders and philanthropists. His success in building his business empire over several decades serves as a powerful reminder of the value of long-term vision, hard work, and strategic business investments.
Plaster’s age also underscores the time and dedication he put into growing his wealth, ensuring his business ventures were successful while making a significant impact in his community. His family-managed business continues to thrive, and his story remains an inspiration for aspiring entrepreneurs around the world.
Robert Plaster (2004-2008) Earnings
During the final years of his life, Robert Plaster’s business ventures continued to generate substantial earnings. Empire Gas, the propane business he founded, remained a significant contributor to his wealth. In addition to his business earnings, Plaster also focused on diversifying his income streams through real estate investments and venture capital. His strategic decisions during this period helped secure the continued success of his estate holdings after his passing.
Despite the challenges he faced later in life, Plaster’s earnings during these years proved to be both stable and lucrative, solidifying his place as one of Southwest Missouri’s most prominent businessmen. His financial legacy has continued to grow, with projections suggesting a net worth of $5 billion by 2025.
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What Happened to Robert Plaster’s Son?
After Robert Plaster’s death, his son, Stephen Plaster, stepped into a leadership role within the family business. Stephen has worked to continue his father’s work in both business and philanthropy. He oversees the Plaster family’s business empire and plays an active role in maintaining the family’s charitable impact. Under his leadership, the Plaster Foundation has continued its mission of supporting educational initiatives and community development.
Stephen’s leadership ensures that Robert Plaster’s vision for business impact on the community and educational contributions remains intact. His efforts to expand the family’s business empire demonstrate a commitment to the legacy of entrepreneurship that Robert built throughout his life.
Robert Plaster Net Worth at Death, Assets, Bio & More
At the time of Robert Plaster’s death, his net worth was estimated at approximately $1.3 billion. His wealth was derived from a combination of business ventures, including his Empire Gas business, real estate holdings, and venture capital investments. Notable assets included several luxury mansions like the Evergreen Crystal Palace, a testament to his success and financial independence.
The Robert W. Plaster Foundation, which he established, continues to manage many of his charitable donations and educational contributions. These assets and charitable entities ensure that his legacy lives on, benefiting generations to come.
Robert Plaster Net Worth & Biography
Looking ahead to 2025, Robert Plaster’s projected net worth is expected to reach $5 billion, a testament to his successful business strategies and investment portfolio. His wealth has continued to grow through the ongoing operations of his various business ventures, including his leadership role in Evergreen Investments LLC.
His philanthropic impact is felt through contributions to colleges and universities, and his legacy of generosity has solidified his status as a key figure in both business and philanthropy. The Robert W. Plaster Sports Complex and the Free Enterprise Center are just two examples of the lasting impact his charitable efforts have had on the community.
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Robert Plaster Notable Contributions
Robert Plaster’s contributions extend far beyond his business empire. He was a key figure in educational donations, supporting a wide range of programs at colleges and universities across the region. His philanthropic work includes substantial contributions to the Robert W. Plaster Foundation, which continues to support various initiatives in education, community development, and youth sports.
Plaster’s involvement in the gas industry, particularly through Empire Gas, and his real estate investments were integral to his wealth. However, it is his philanthropic contributions that have left an indelible mark on the community, ensuring his legacy of generosity will continue for generations.
Robert Plaster Source of Income
Robert Plaster’s wealth came from a variety of sources. His primary source of income was from Empire Gas, a leading company in the propane business. As the founder and owner, Plaster had a significant stake in the company, which provided consistent revenue throughout his life. In addition to his work in the gas industry, Robert invested heavily in real estate, with several luxury mansions and investment properties that added to his financial success.
Furthermore, his involvement in venture capital through Evergreen Investments LLC helped him diversify his income streams, adding to his business earnings from various sectors.
Robert Plaster Mansion – Evergreen Crystal Palace
One of Robert Plaster’s most notable assets was the Evergreen Crystal Palace, a luxury mansion that stood as a symbol of his success. Located in Southwest Missouri, the mansion was not only a private residence but also a testament to his wealth and taste. The mansion, known for its grand architecture and historical structures, remains a significant part of his estate holdings.
The Evergreen Crystal Palace is a luxurious residence that showcases Robert’s commitment to quality and elegance. It is a key part of his legacy, representing his achievements in both business and personal life.
Robert Plaster Net Worth vs Other Net Worth
When compared to other notable figures in the business world, Robert Plaster’s net worth stands out for its diversity. While individuals like Jim Adler and Scott Woodruff have made their fortunes through legal and technology ventures, Plaster’s wealth was built on a combination of gas industry dominance, real estate investments, and a commitment to philanthropy. This unique blend of business and charitable contributions sets him apart from other entrepreneurs, making his legacy of entrepreneurship even more impactful.
FAQs
How did Robert Plaster start his career?
Robert Plaster began his career by founding Empire Gas, which grew into one of the leading propane distribution companies in the Midwest.
Did Robert Plaster have any other business ventures besides Empire Gas?
Yes, Robert Plaster also invested in various real estate ventures and was involved in venture capital through Evergreen Investments LLC.
What was Robert Plaster’s most notable philanthropic contribution?
One of his most notable contributions was the establishment of the Robert W. Plaster Sports Complex and the Robert W. Plaster Free Enterprise Center.
What happened to Robert Plaster’s businesses after his death?
After his death, Robert Plaster’s businesses and investments were continued and managed by his family, particularly his son Stephen Plaster.
Where is Robert Plaster’s mansion located?
Robert Plaster’s mansion, known as the Evergreen Crystal Palace, is located in Missouri and remains a significant part of his legacy.
Conclusion
Robert Plaster Net Worth serves as a reminder of the potential that comes with hard work, smart investments, and giving back. His success in the gas industry and real estate created a lasting impact on both business and the community.
Robert Plaster’s legacy of generosity and entrepreneurial spirit continues to inspire countless others. His contributions to education and the Plaster Foundation remain an integral part of his enduring influence in Southwest Missouri and beyond.
