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Who Is Diane Hendricks? How ABC Supply Made Her America’s Richest Self-Made Woman

Diane Hendricks cofounded ABC Supply with her late husband and continued leading the building-materials distributor after his death. Forbes’s $23.6 billion estimate is dated September 10, 2026.
From TheFinanceBase Team3 min to read
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Diane Hendricks cofounded ABC Supply, a building-materials distributor, with her late husband, Kenneth Hendricks, in 1982. Forbes estimated her net worth at $23.6 billion on September 10, 2026, and identifies her as America’s richest self-made woman. That is a dated ranking based on estimated wealth—not a fixed or directly observable measure of her fortune.

Who is Diane Hendricks?

Hendricks is an American businesswoman best known as cofounder, chairman and sole owner of ABC Supply. The company says she has been its chairman and sole owner since 2007, the year Kenneth Hendricks died. ABC Supply’s company-issued biography, hosted on its Canadian site, also identifies her as chairman of Hendricks Holding and NorthStar Medical Technologies. ABC Supply’s biography of Diane Hendricks

How did Diane Hendricks make her money?

Building ABC Supply

Hendricks and Ken Hendricks founded ABC Supply in 1982. The business distributes roofing materials as well as siding, windows, gutters, wallboard, metal framing, ceiling tiles and grid. Its scale and growth are central to the fortune Forbes attributes to her.

After Ken died in 2007, Hendricks continued leading the company rather than selling it. In a 2016 Forbes account, she recalled rejecting buyout offers with the words, “I ain’t selling, just like that.” ABC Supply says she has been chairman and sole owner since that year. Forbes’s 2016 profile of Hendricks

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Growing through acquisitions

ABC Supply completed its acquisition of Bradco in 2010; Forbes described it at the time as the largest acquisition in the company’s history. In 2016, ABC acquired L&W Supply, another large building-materials distributor. Forbes’s current profile reports ABC Supply had $20.2 billion in 2025 revenue. That figure is Forbes’s report of company revenue, not an independently verified audited result in the cited sources. Forbes’s Diane Hendricks profile

What is ABC Supply, and who owns it?

ABC Supply is a distributor serving the building-construction market, including roofing and other exterior and interior materials. The company says Hendricks is its sole owner. ABC Supply’s company biography lists over 15,000 associates and 811 locations; Forbes’s profile reports over 900 branch locations. Those figures come from different sources and may reflect different definitions or update schedules; the available information does not reconcile them.

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What does Forbes mean by “America’s richest self-made woman”?

Forbes’s profile listed Hendricks with an estimated real-time net worth of $23.6 billion as of September 10, 2026. The estimate is not the same as cash on hand, and it can change as asset values and assumptions change. It should be read with its source and date rather than as a permanent ranking.

ABC News’s summary of Forbes’s 2026 list methodology says Forbes used stock prices from June 1, 2026, to value public holdings. For private businesses, it relied on outside expertise and conservative comparisons with public companies. Because ABC Supply is privately held, its valuation involves estimation rather than a continuously quoted market price. ABC News on Forbes’s 2026 list

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Hendricks’s other business roles

ABC Supply’s biography says Hendricks chairs Hendricks Holding, whose portfolio spans manufacturing, distribution, real estate development, construction, recycling and life sciences. The same company biography says she chairs NorthStar Medical Technologies, which makes and distributes radioisotopes used in medical imaging. ABC Supply’s biography of Diane Hendricks

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What her career shows about the source of her wealth

Hendricks’s fortune is tied to ownership of a large private operating business, not simply to a salary or a single public-company stock holding. ABC Supply’s expansion—including major acquisitions—and its reported scale help explain why Forbes places such a high estimated value on her stake. In a 2010 Forbes interview, when asked which personality trait was key to her success, she answered: “Perseverance. I’ve always been very driven and knew that to get where I wanted to go I could never give up.” Forbes’s 2010 interview with Hendricks

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