LeaderPortfolio
Kendrick
Ken Kendrick
Rank #3018
UNITED STATESFinance InvestmentsBanking, sports team

Ken Kendrick

Net Worth
$1.202B
0% (24h)
Earl G. "Ken" Kendrick Jr. (born September 2, 1943) is an American billionaire businessman and sports executive. His estimated net worth is $1.2 billion, primarily derived from his ownership stake in the Arizona Diamondbacks. Kendrick's wealth also comes from his background in banking and other investments. His career began at IBM, and he later founded Datatel, Inc. He has been the managing general partner and principal owner of the Diamondbacks since 2004, and has been a part of the team's ownership since its inception in 1995. His achievements include leading the Diamondbacks to a World Series title in 2001, and the 2023 NLCS. Kendrick's philanthropic work includes chairing the Arizona Diamondbacks Foundation, which has donated over $100 million to charitable causes. He is married and has two children.

How to read Ken Kendrick's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Ken Kendrick, we anchor the narrative to Banking and Banking, sports team, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.202B alongside global rank #3018, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Ken Kendrick was born in Princeton, West Virginia, in 1943. His father owned a gas station, instilling in him a strong work ethic from a young age. Kendrick graduated from West Virginia University in 1965 with a degree in business administration.

Rise to Success

Kendrick began his career at IBM. In 1968, he founded Datatel, Inc., a software company specializing in higher education and financial services. He later became a principal investor in Woodforest National Bank. In 1995, Kendrick became a part-owner of the Arizona Diamondbacks and became the managing general partner in 2004.

Key Business Strategies

Kendrick's business strategies have involved strategic investments, as seen with Woodforest National Bank. He has restructured the Diamondbacks' finances, eliminating significant debt through equity and debt restructuring. His leadership has also focused on creating a positive work environment and contributing to community initiatives.

Philanthropy

Kendrick is the chairman of the Arizona Diamondbacks Foundation, which has donated over $100 million to charitable causes. He also supports education, healthcare, and youth sports. In 2022, he pledged $20 million to West Virginia University for economics education.

Career Timeline

2025

Horatio Alger Award

Received for his distinguished career and commitment to philanthropy.

2004

Managing General Partner of Arizona Diamondbacks

Assumed the role overseeing team operations.

1995

Part-owner of Arizona Diamondbacks

Became part of the ownership group when the team was founded.

1989

Principal Investor in Woodforest National Bank

Helped grow the bank into one of the largest employee-owned banks.

1968

Founded Datatel, Inc.

A software development company for higher education.

1965

Graduated from West Virginia University

Earned a Bachelor of Science in Business Administration.

Philanthropic Impact

Community Support$100M+

Arizona Diamondbacks Foundation

Donated to community causes since its inception

Youth SportsN/A

Kendrick Family Fields

Enhances youth sports infrastructure in the Valley

EducationN/A

Freedom Center at the University of Arizona

Provides research, teaching, and programming on individual freedom.

HealthcareN/A

Kendrick Family Chair for Prostate Cancer Research

Established at the Cleveland Clinic.

Education$20M

Pledged to WVU for Economics Education

To advance economics education through the Kendrick Center at the Chambers College of Business.

Key Business Ventures & Holdings

CompanyStakeValue
Arizona Diamondbacks

Net Worth History

In-Depth Analysis

Early Life

Ken Kendrick was born in Princeton, West Virginia, in 1943. His father owned a gas station, instilling in him a strong work ethic from a young age. Kendrick graduated from West Virginia University in 1965 with a degree in business administration.

Rise to Success

Kendrick began his career at IBM. In 1968, he founded Datatel, Inc., a software company specializing in higher education and financial services. He later became a principal investor in Woodforest National Bank. In 1995, Kendrick became a part-owner of the Arizona Diamondbacks and became the managing general partner in 2004.

Key Business Strategies

Kendrick's business strategies have involved strategic investments, as seen with Woodforest National Bank. He has restructured the Diamondbacks' finances, eliminating significant debt through equity and debt restructuring. His leadership has also focused on creating a positive work environment and contributing to community initiatives.

Philanthropy

Kendrick is the chairman of the Arizona Diamondbacks Foundation, which has donated over $100 million to charitable causes. He also supports education, healthcare, and youth sports. In 2022, he pledged $20 million to West Virginia University for economics education.

Data Sources & Methodology

Figures for Ken Kendrick are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.