Where do the Duff brothers live?
Together with his brother James Duff, he is the founder and co-owner Duff Capital Investors, a holding company with annual turnover in excess of $2.6 billion. The brothers inherited Southern Tire Mart from their father, Ernest Duff. He is divorced, with two children, and lives in Hattiesburg, Mississippi.
Who is the richest family in Mississippi?
David Rich is the richest person in Mississippi. Born in Jackson, Mississippi, David Rich grew up in a family that was already quite successful in the packaged food business.
What all do the Duff brothers own?
#2141 Thomas Duff Duff and his brother James bought it back in 2003. In 2007, the Duffs started Duff Capital, through which they have made multiple acquisitions. Over the years, Duff Capital has acquired trucking company KLLM, construction firm T.L. Wallace Construction and energy firm DeepWell Energy Services.
How many businesses do the Duff brothers own?
Tommy and Jim Duff operate Duff Capital Investors, which owns nine companies including T.L. Wallace Construction, truck-tire dealer Southern Tire Mart and wood chip hauler Forest Products Transports, all based in Columbia.
Where are the Duff brothers from?
James and Thomas Duff are native Mississippians who were born and reared in Columbia. Thomas earned his Bachelor of Science in Business Administration in 1979 from the University of Southern Mississippi. James attended Utah Valley State.
Who is the richest person in Hattiesburg Mississippi?
In Mississippi, Hattiesburg is the only city home to any billionaires. A total of two billionaires live in Hattiesburg with a combined net worth of $2.8 billion. Both billionaires in the city, James and Thomas Duff, are worth an estimated $1.4 billion.
What billionaire lives in Mississippi?
Both billionaires in the city, James and Thomas Duff, are worth an estimated $1.4 billion….This is the City in Mississippi With the Most Billionaires.
|City with the most billionaires:||Mississippi: Hattiesburg|
|Number of billionaires:||2|
|Total billionaire net worth:||$2.8 billion|
|Top billionaire:||James and Thomas Duff|
Do any billionaires live in Mississippi?
Brothers James and Thomas Duff (pictured in the middle) inherited their father’s business, Southern Tire Mart, in 1983. They have since turned the business into the largest truck tire distributor in the nation, becoming billionaires in the process and the richest people in Mississippi.
How much are the Duff brothers worth?
It’s enough to make each of them worth an estimated $1.2 billion apiece. (Neither brother would comment on their net worth). The family heirloom, and most valuable business, is unquestionably $1 billion (sales) Southern Tire Mart.
Who is James Duff in Mississippi?
In 1983, the brothers inherited Southern Tire Mart from their father, Ernest Duff. He is married, with two children, and lives in Hattiesburg, Mississippi….James Duff (businessman)
|Born||1960/1961 (age 59–60)|
|Known for||Co-owner, Southern Tire Mart and Duff Capital Investors|
How many millionaires are in Hattiesburg MS?
This is the City in Mississippi With the Most Billionaires
|City with the most billionaires:||Number of billionaires:||Total billionaire net worth:|
|Mississippi: Hattiesburg||2||$2.8 billion|
|Missouri: St. Louis||5||$18.5 billion|
|Montana: Missoula||2||$8.3 billion|
|Nebraska: Omaha||3||$101 billion|
Who is the richest billionaire in Mississippi?
What kind of business does the Duff brothers have?
The Duff brothers turned a struggling company making tires for trucks into the country’s largest truck tire dealer and retread manufacturer. The Duff brothers own a tidy little business empire in the South full of unglamorous businesses like Frozen Food Express, a trucking service with a fleet of temperature-controlled tractor-trailers.
When did the Duff brothers take over Southern Tire?
When the Duff brothers took over running Southern Tire in 1983, it was struggling to pay suppliers, so Tom worked without a paycheck for a while. They hit it big after figuring out how to speed up the retreading process, and by the mid 1990s, Southern Tire had revenues of $140 million.
What kind of businesses does Duff Capital Invest in?
Duff Capital Investors is comprised of over 20 businesses from trucking, tires and automotive to construction, energy and insurance. Many of the companies have distinguished themselves by achieving #1 ranking in their industries.