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.
Advertisement
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.
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.
Advertisement
Graduates with a B.A. in Economics from Southern Illinois University (Academic Achievement).
Co-founds the Prepaid Legal Services precursor (LegalShield) (Founding Note).
Founds Excel Communications (Founding).
Sells Excel Communications to Teleglobe for $3.5 billion (Major Exit).
Founds WinStar Farm (Equestrian Venture).
WinStar Farm wins the Triple Crown with Justify (Sports Apex).
Continues as Founder and Owner of WinStar Farm and manages his investment portfolio (Executive Oversight).
Kenny Troutt's wealth is concentrated in the liquid capital generated from the $3.5 billion sale of Excel Communications and his private assets.
Advertisement
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.
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.
Advertisement
No publicly available quotes.
Advertisement
+0.2% | +$7.76M
-0.02% | -$0.47M
This profile is compiled from verified biographical and financial records:
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
Sponsored Content