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In the world today
Kenny Troutt

Kenny Troutt

K. Troutt
0% | + $0.00M
$1.65 B ₹ 15,036 Cr
Real Time Net Worth #2356 Ranking as of 21 Feb 2026 By Forbes

More on Kenny Troutt

Gender

Male

Age

78Y

Country

United States

Born On

January, 1948

Deceased

No

Relationship Status

Married

Children

3

Education

Southern Illinois University - Bachelor Of Arts/Science

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Telecom)

Primary Organization

WinStar Farm

Titles

Owner

Sources of Wealth

Excel Communications, WinStar Farm

Industry

Telecom, Investments, Sports

About Kenny Troutt


K enny Troutt is a classic American success story, a self-made billionaire who rose from humble beginnings to the pinnacle of the business world. He is the founder of Excel Communications, a long-distance phone service company that utilized a multi-level marketing (MLM) model to rapidly expand its salesforce. Troutt founded the company in 1988 and took it public in 1996, in what was, at the time, the youngest company to be listed on the New York Stock Exchange.

Excel's innovative business model and rapid growth culminated in its merger with Teleglobe in a multi-billion dollar deal in 1998, cementing Troutt's fortune. After his success in telecommunications, he shifted his focus to his other passions: investments and thoroughbred horse racing. He is the owner of WinStar Farm in Versailles, Kentucky, one of the most prestigious breeding and racing operations in the world. Horses bred or raced by WinStar have won numerous major stakes races, including the Kentucky Derby and the Belmont Stakes.

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Quick Reads


  • Founder of long-distance telecom company Excel Communications.
  • Used a multi-level marketing strategy to grow the company.
  • Merged Excel with Teleglobe in a multi-billion dollar deal in 1998.
  • Owner of WinStar Farm, a leading thoroughbred horse racing and breeding operation.
  • Graduated from Southern Illinois University.

Early Life and Background


Kenny A. Troutt is an American businessman, the self-made billionaire Founder of Excel Communications (telecom) and WinStar Farm (horse breeding). Born in Centralia, Illinois, in 1948, his early life was marked by extreme hardship: his father was a bartender, and his family lived in public housing projects.

Troutt received a B.A. in Economics from Southern Illinois University in 1971 (paid for by selling life insurance to fellow students). His career began with sales, working for multiple insurance companies before founding his own company. His philosophy centers on direct sales, entrepreneurial audacity, and vertical integration in the telecom and horse racing sectors.

  • Excel Communications (Founder): The former core asset, a major telecom company (sold to Teleglobe in 1998 for $3.5 billion).
  • WinStar Farm (Owner): His private asset, a globally renowned Thoroughbred horse breeding and racing farm (winner of the Triple Crown).
  • Early Struggles: He grew up in public housing projects and sold life insurance to pay for college.
  • Direct Sales Pioneer: His success is built on mastering the direct sales and multi-level marketing (MLM) model for telecom services.

Career Journey of Kenny Troutt


Kenny Troutt's strategic genius was his commitment to direct sales in the deregulated telecom market. He founded Excel Communications in 1988, using a multi-level marketing (MLM) structure to sell long-distance phone service directly to consumers. The company grew rapidly, becoming one of the largest long-distance phone companies in the U.S., and executed a successful IPO.

The pinnacle of his financial career was the $3.5 billion sale of Excel Communications to Teleglobe in 1998. Following the exit, Troutt focused on his second passion: horse racing. He founded WinStar Farm, which achieved global recognition, winning the Kentucky Derby, Belmont Stakes, and the Triple Crown (with Justify in 2018). His wealth is secured by the colossal liquid gains from his telecom exit and the appreciating value of his horse racing assets.

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Kenny Troutt's Timeline


1971:

Graduates with a B.A. in Economics from Southern Illinois University (Academic Achievement).

1984:

Co-founds the Prepaid Legal Services precursor (LegalShield) (Founding Note).

1988:

Founds Excel Communications (Founding).

1998:

Sells Excel Communications to Teleglobe for $3.5 billion (Major Exit).

2000s:

Founds WinStar Farm (Equestrian Venture).

2018:

WinStar Farm wins the Triple Crown with Justify (Sports Apex).

Ongoing:

Continues as Founder and Owner of WinStar Farm and manages his investment portfolio (Executive Oversight).

Major Business Ventures and Investments


Kenny Troutt's wealth is concentrated in the liquid capital generated from the $3.5 billion sale of Excel Communications and his private assets.

  • Excel Communications (Founder): The former core asset, a major telecom company (sold to Teleglobe in 1998 for $3.5 billion).
  • WinStar Farm (Owner): His private asset, a globally renowned Thoroughbred horse breeding and racing farm (winner of the Triple Crown).
  • Early Struggles: He grew up in public housing projects and sold life insurance to pay for college.
  • Direct Sales Pioneer: His success is built on mastering the direct sales and multi-level marketing (MLM) model for telecom services.

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Philanthropy and Social Impact


Kenny Troutt's social impact is structural, stemming from Excel Communications' role in pioneering the multi-level marketing model for telecom services. His investment in WinStar Farm provides a massive structural contribution to the U.S. Thoroughbred racing and breeding industry. His personal philanthropy supports various educational and community initiatives (including the Ken and Lisa Troutt Foundation).

His career is a testament to the profitability of disciplined direct sales management and strategic acquisition in the high-stakes telecom and sports sectors.

Fashion, Style, and Lifestyle


Kenny Troutt maintains the professional, composed style of a business executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects stability and immense corporate authority, blending his telecom background with his passion for horse racing.

Residing in Dallas, Texas, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, asset management, and Thoroughbred breeding excellence.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He sold his telecom company, Excel Communications, for $3.5 billion.
  • He is the Owner of WinStar Farm, which won the Triple Crown with Justify in 2018.
  • He grew up in public housing projects and sold life insurance to pay for college.
  • His company used a multi-level marketing (MLM) structure for sales.
  • He holds a B.A. in Economics.
  • His son, Preston Troutt, is actively involved in the family's investment firm.
  • His wealth is tied to the successful monetization of the direct sales telecom model.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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