⬅ # 504 Daniel Tsai|# 506 Sumet Jiaravanon ➡

# 505 Archie Aldis Emmerson 

$6.36B

Real Time Net Worth
as of 11/18/2024

# 505 Archie Aldis Emmerson 

$6.36B

Real Time Net Worth
as of 11/18/2024
OccupationFounder, Sierra Pacific Industries
Source of WealthTimberland, Lumber Mills
Age95
ResidenceRedding, California
Marital StatusMarried
Children3
EducationDiploma, High School
Age-Adjusted Net Worth$595.79M
Archie Aldis Emmerson
Archie Aldis Emmerson
United States
Net worth: $6.36B

Self-Made Score 

Omega Men's Seamaster150 Analog Display Swiss Automatic Blue Watch

Wealth History

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Biography

Overview

Archie Aldis "Red" Emmerson was born in Grand Ronde, Oregon in 1929.
He grew up in modest circumstances while his father, R.H. "Curly" Emmerson, established sawmills in Oregon and California.
Emmerson began working in mills in Arcata, California in 1948, at the age of 19, where he learned various jobs in the plant.
In 1949, Emmerson and his father formed a partnership and entered the lumber business together, eventually expanding to manufacturing facilities in the Northwest.
Under Emmerson's leadership, the company evolved into Sierra Pacific Industries (SPI), now the second-largest lumber producer in the United States.
As of March 2024, Emmerson and his family, with 2.33 million acres, are America's largest private landowners, according to the Land Report 100.

Career Milestones

Emmerson's management saw Sierra Pacific Industries (SPI) become the largest private lumber production firm in the nation, with 14 sawmills across California and Washington.
SPI was founded in 1949 by Emmerson and his father Curly, later going public in 1969 before the duo bought out their partner and returned it to private ownership four years later.

Philanthropy

Through the Sierra Pacific Foundation, established by Red's father in 1979, the Emmerson family has contributed millions of dollars to community projects, youth activities, student scholarships, and other worthy causes in areas where SPI operates.
Red Emmerson has continued to support the foundation to fulfill its philanthropic mission over the years.

Political Engagement

Emmerson donated $45,000 to Donald Trump's 2020 presidential campaign.

Personal Life

Red Emmerson resides in Redding, California and has three children.
His sons George and Mark are actively involved in SPI, serving as president and chairman respectively, while his daughter Carolyn is the president of the Sierra Pacific Foundation.
Tragically, Emmerson's wife Ida passed away from breast cancer in 1996.

Recognition and Awards

Archie Aldis "Red" Emmerson has received several accolades including the 1998 Golden Plate Award from the American Academy of Achievement, induction into the New California Hall of Fame in 2008, being named Timber Processing magazine's Person of the Year in 2019, and receiving the West Coast Lumber & Building Material Association (WCLBMA) Lifetime Achievement Award in the same year.

Archie Aldis Emmerson's Wealth is Equivalent to:

4,896,844 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,203,595 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

65,011 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Archie Aldis Emmerson?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Archie Aldis Emmerson's net worth of $6.36B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Archie Aldis Emmerson is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Archie Aldis Emmerson, Timberland and Lumber Mills are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey