T odd Wanek is an American billionaire who is the CEO of Ashley Furniture Industries, the largest furniture manufacturer in the world. He is the son of the company's self-made founder, Ronald Wanek. His father started the company in the 1970s and built it into a massive, vertically integrated powerhouse. Ashley Furniture is not only the largest furniture manufacturer in the world, but it is also one of the largest furniture retailers in the United States through its network of Ashley HomeStore retail locations.
Todd has been deeply involved in the family's business for his entire career, working his way through various roles before taking over as CEO from his father. He has been responsible for leading the company's continued global expansion and its push into e-commerce. The company remains privately held by the Wanek family, and their vast fortune is derived from their ownership of this massive and highly successful furniture empire. He has continued his father's legacy of being a major political donor to the Republican party.
Advertisement