Robert Plaster Net Worth, Bio, Family, Personal And Professional Life, Career And Success Story

Robert W Plaster was an American self-made billionaire from Lebanon, Missouri. He was a successful entrepreneur and philanthropist who made significant contributions to business and community. He is a prime example of determination with a net worth of $5 billion.

In this article, I will discuss Robert Plaster biography, family background, wife, age, height, weight, personal and professional life, career, success story, and more. Join me for a comprehensive look at what makes Plaster’s career inspiring and relevant today.

Who Is Robert Plaster?

Robert W. Plaster was a notable businessman from Missouri who made significant contributions to his community and beyond. He is best known for founding Empire Gas Corporation, which played a vital role in the natural gas industry. His entrepreneurial spirit created jobs and opportunities for many people in Southwest Missouri.

Plaster was deeply committed to philanthropy. He believed in the power of education and contributed to various educational institutions. His donations improve schools, provide scholarships for students and make a lasting impact on future generations. 

Plaster’s legacy of his business achievements and dedication helps others to succeed in life. Through his work and generosity, he left an indelible mark on his community that continues to inspire many.

Robert Plaster Biography/Profile Summary

Full Name	Robert W. Plaster
Profession	Entrepreneur, Philanthropist, Investor
Age	78 Years
Date Of Birth	September 3, 1930
Place Of Birth	Neosho, Missouri, USA
Date Of Death	2008
Spouse	Mary Jean Plaster
Famous For	Founding Empire Gas Corporation
Kids	4
Robert Plaster Son	Stephen Plaster
Nationality	American
Known For	Founding Empire Gas Corporation
Primary Source of Income	Empire Gas Corporation, Evergreen Investments LLC, Venture Capital
Key Contributions	Philanthropy, Education, Business Growth in Southwest Missouri
Notable Investments	Empire Gas Corporation, Plaster Sports Complex, Plaster Student Union
Major Property	Evergreen Crystal Palace (28,000 square feet mansion)
Net Worth	$5 Billion

Robert Plaster Early Life And Education

Plaster’s early life was shaped by the challenges of the Great Depression. He was born in Neosho, Missouri, and faced hardship from a young age, after losing his father. His mother instilled a strong work ethic in him with her “Can’t Never Could” philosophy and encouraged him to persevere despite obstacles. At ten years old, he began working to support his family.

He attended a local high school in Missouri, where he laid the foundation for his future. Robert pursued higher education at Missouri Southern State University, which was then known as Joplin Junior College. He also gained practical experience by joining a propane company in Lebanon, Missouri, and working for an automobile and farm equipment distributor in Neosho. These early experiences equipped him with valuable skills and fueled his ambition to succeed in business.

Robert Plaster Age

Plaster was born on September 3, 1930, in Neosho, Missouri. He was 78 years old when he died. Throughout his life, he has made significant contributions to various fields. His journey began in a small town, where he learned the value of hard work and determination.

Robert Plaster Personal Life And Family

Plaster’s personal life was as grand as his achievements. He owned the Evergreen Crystal Palace, a stunning 28,000-square-foot mansion that became a symbol of his success. This remarkable home was where he hosted friends and family and created unforgettable memories. Plaster loved to spend time there and enjoy the beauty of his surroundings and the company of loved ones. 

In 2003, he attempted to incorporate a village on his 400-acre property near Missouri DD in Stone County. This dream was met with resistance from the Stone County Commission, which denied his request. His famous quote, “Can’t Never Could,” reflects his positive attitude and unwavering spirit. He believed in possibilities and pushed through challenges. He left a legacy that continues to resonate with many.

Robert Plaster Wife And Children

Robert shared a deep bond with his wife, Mary Jean Richards. They married on February 14, 1951, a date that symbolizes love and commitment. Their life was filled with shared dreams and family moments. Mary passed away on December 27, 2009, at their home. Her warmth and support were essential to Robert’s success and the family’s happiness.

They raised four children and created a loving environment where values were instilled. Their son, Stephen Plaster, has taken it upon himself to carry on the family legacy. He actively works in the community and honors his parents’ memory through various initiatives. The Plaster family continues to inspire others with their dedication to service and commitment to each other. 

Robert Plaster Height And Weight

Robert W Plaster height was 5 feet 10 inches, which is about average for many men. This height gave him a balanced and approachable appearance. His weight was approximately 80 kg (176 lbs). This combination of height and weight suggests he likely has a strong build that made him appear confident and capable.

Philanthropy

Plaster’s philanthropy has made a significant impact on education and community development. Through the Robert W. Plaster Foundation, he donated millions to support various causes. One notable contribution was $350,000 to Crowder College in Neosho in 1990. This funding enhances educational opportunities for local students and strengthens the college’s programs.

In 1991, Plaster made a $1.5 million donation to Southwest Missouri State University. This gift was aimed at expanding the stadium, which was renamed the Robert W. Plaster Sports Complex. Such investments in educational institutions improve facilities and inspire future generations to pursue their dreams. 

Robert W Plaster Foundation

The “Robert W. Plaster Foundation” is a beacon of hope for many educational and entrepreneurial projects. The foundation helps schools and community organizations thrive. Notable beneficiaries include Missouri State University and the Robert W. Plaster School of Business, which are now better equipped to support their students. This foundation invests heavily in institutions that nurture young minds.

The foundation also supports community development and health initiatives. Hospitals and local organizations have received vital donations that improve services and facilities for everyone. By focusing on education and community well-being, the Robert W. Plaster Foundation creates lasting change. 

 Robert Plaster Death

Robert W Plaster passed away on October 11, 2008, at his home in Evergreen, near Lebanon, Missouri. He was 78 years old and died of natural causes. Plaster was well-known in his community for his generous spirit and significant contributions. His impact on local businesses and charities made him a beloved figure.

Robert Plaster Career And Success Story

Plaster’s career is a remarkable journey of determination and vision. After serving as an IRS field agent for four years, he joined the U.S. Treasury Department in the early 1950s. This experience gave him a strong foundation in finance and business. 

In 1963, he took a bold step by founding Empire Gas Corporation, which would become a significant player in the gas distribution industry. With $25,000 of his own money and $2.5 million in loans from notable institutions, he demonstrated his commitment to success.

Under Plaster’s leadership, Empire Gas Corporation expanded and became one of the largest retail LP gas distributors in the United States. His strategic decisions boosted the company’s growth and earned it a spot on the New York Stock Exchange. 

Plaster’s foresight led him to establish Evergreen Investments, LLC, diversifying his business interests. In 1996, he sold Empire Gas to his son Steve. This sale turned out to be a significant success, as Northwestern Public Service Co acquired Empire Gas for $120 million. This deal led to the formation of Cornerstone Propane Partners.

Plaster’s impact on education and philanthropy is also notable. In March 1997, he took on a leadership role as president of the Southwest Missouri State University’s Foundation Board of Directors. His dedication to the university was evident when he donated over $1 million in 1998 to enhance the student experience. This contribution expanded the student union, which now bears his name: the Robert W. Plaster Student Union. 

Plaster was also dedicated to education. He made significant donations to local institutions, including a generous gift of $250,000 to Southwest Baptist University in 1984 for a sports complex. This led to the university naming its football field Robert W. Plaster Stadium in his honor. 

Plaster’s $2.5 million donation to the College of the Ozarks helped establish the Robert W. Plaster School of Business Building. Plaster’s legacy continues to inspire future generations through these lasting contributions.

Evergreen

In 1991, Plaster partnered with Evergreen National Corporation to build the Evergreen Crystal Palace, a stunning 28,000-square-foot building made of green glass and marble. This structure sits on a bluff overlooking Table Rock Lake and cost $6 million to construct. It serves as a symbol of his commitment to creating beautiful spaces that enrich the community.

Robert W Plaster Key Achievements

Robert W. Plaster made a significant impact on business and education. 

• As the founder of Empire Gas Corporation, he transformed the liquefied petroleum (LP) gas industry and paved the way for advancements that benefited many consumers. His innovative spirit created jobs and boosted the economy in Southwest Missouri.
• Plaster was a dedicated philanthropist. He supported institutions like Missouri Southern State University and the College of the Ozarks and left a lasting legacy in education. 
• He established the Robert W. Plaster Foundation to help students achieve their dreams. 
• Plaster brought Students In Free Enterprise (SIFE) to Southwest Baptist University in the 1980s to foster entrepreneurship among young minds. His commitment to education and community development continues to inspire many.

Robert Plaster Net Worth And Income Sources

Plaster has a net worth of $5 billion, due to his strategic investments and business ventures. The following are his income sources: 

Empire Gas Corporation

Plaster has built net worth primarily due to his substantial holdings in the gas industry. His Empire Gas Corporation stands as the Midwest’s leading gas distributor. This company has provided him with significant profits and established his reputation in the energy sector. The consistent demand for gas ensures that Empire Gas remains a steady source of income for Plaster and allows him to expand his investments.

Real Estate and Technology Investments

Plaster’s investment portfolio includes lucrative real estate ventures and technology investments. He had acquired properties in high-growth areas, generating substantial rental income. His technology investments are focused on innovative startups, which promise high returns as they grow. This diversification enhances his wealth and positions him as a forward-thinking investor in emerging markets.

Leadership Role at Evergreen Investments LLC

As chairperson of Evergreen Investments LLC, Plaster played a pivotal role in guiding the company’s direction and strategy. This leadership position allowed him to leverage his extensive experience to make informed investment decisions. Through Evergreen, he also explored venture capital opportunities, investing in promising new companies that yield significant returns. 

Conclusion

Robert Plaster was a remarkable entrepreneur and philanthropist with a net worth of $5 billion. His journey in life was filled with hard work and dedication. He made a significant impact on his family and community through his successful career. Even after his passing, his legacy continues to inspire many. 

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