Friday, December 21, 2007

Really, What Are The Odds??


BELOIT, Wisconsin (AP) -- The 91st-richest man in the United States, a roofing company billionaire, has died after falling through his home garage's roof, local authorities said Friday.


Ken Hendricks, 66, reportedly was checking the roof on his garage when he fell.

Ken Hendricks, 66, was checking on construction Thursday night on the roof at his home in the town of Rock when he fell through, Rock County Sheriff's Department Cmdr. Troy Knudson said.

Hendricks suffered massive head injuries, according to his company, ABC Supply Co.

Hendricks' wife called authorities and attempted CPR on her husband, Knudson said. Hendricks was taken first to a Beloit hospital and then transferred to Rockford Memorial Hospital in Winnebago County, Illinois.

He was pronounced dead there early Friday morning, Winnebago County Coroner Sue Fiduccia said. An autopsy was planned for Friday.

Hendricks was the founder, chairman and chief executive officer of ABC Supply, which describes itself as the nation's largest wholesale distributor of roofing. The Beloit-based company does about $3 billion in business a year.

Hendricks had a net worth of $3.5 billion in September, according to Forbes magazine. That made him the country's 91st-richest person, according to the magazine's ranking of American billionaires.

But he seemed unfazed by his wealth.

"It doesn't make any difference to me; I can't spend it," Hendricks said in an interview with in September 2006. "I'd have to sell the company, and I'll sell the company over my dead body."

Hendricks, the son of a Janesville roofer, worked side-by-side with his father growing up. A high school dropout, he started his own roofing business at age 21, according to his biography on ABC Supply's Web site.

Tired of having to deal with multiple suppliers scattered around the country, he and his wife, Diane, started a national supply distribution chain in 1982.

The company celebrated its 25th anniversary this year, with 6,000 employees in 390 locations nationwide.

"This is an enormous tragedy and a great loss to the family, associates and the community," ABC Supply said in a statement.

Hendricks and his wife also owned a variety of companies through the Hendricks Holding Co. and a property development group with more than 25 million square feet of industrial and commercial real estate.

The couple had seven children, according to their biographies.
Thoughts and Prayers are with the Hendricks fam in their time of mourning.

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