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Menard's founder remains richest Wisconsinite

UNDATED, WI (WTAQ) - John Menard is still the richest person in Wisconsin, but even with $1.5 billion more in net worth, he dropped a spot nationally. 

That's according to Forbes magazine in its annual ranking of the 400 richest Americans. 

Menard, founder of his home improvement chain Menard's based in Eau Claire, is said to be worth $7.5 billion.  That's up from $6 billion a year ago, but Forbes said Menard actually dropped one spot in the rankings.  He's now the 57th-richest in the country. 

The improved housing market is said to have helped at least some of the state's richest individuals. 

It certainly helped Herb Kohler. 

The bathroom company magnate from the Sheboygan area jumped 105 places from a year ago -- and his estimated wealth soared from two-point-six billion dollars to six-point-four billion. 

Diane Hendricks of ABC Supply in Beloit is the third richest at $4.4 billion.  She, too, gained a nice sum from a year ago.  Forbes said her fortune grew by $1.5 billion people tied to the Johnson household products' fortune -- Fisk, Imogene, Curt, and Helen Johnson-Leipold (ly-pold). 

James Cargill the Second of Birchwood is also on the Forbes' roster, along with Madison's Judy Faulkner -- the founder of Epic Systems.

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