Gary Tharaldson Net Worth is$900 Million
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Profession: Entrepreneur | Businessperson

Date of Birth: 1945

Country: United States of America

Gary Tharaldson net worth: Gary Tharaldson is an American entrepreneur who has a net worth of $900 million dollars. Born in Dazey, North Dakota, Gary Tharaldson graduated from Valley City University with dual degrees in Business Administration and Physical Education. After graduating from college, he began graduate school at North Dakota State University, while also teaching. In the early 80s, he launched the Tharaldson Companies. The Tharaldson Companies is a hospitality business that operates and maintains multiple hotels around the United States. Mr. Tharaldson started with the purchase of one Super 8 Motel, and has grown the Tharaldson Companies into one of the most successful developers of new hotels in the US. In 2006, Tharaldson Companies sold 130 hotels to Goldman Sach's real estate arm, the Whitehall Real Estate Fund. The bill was $1.2 billion in cash. Mr. Tharaldson invested the majority of the profits in a range of important properties in multiple states.
Gary Tharaldson (born 1945) is an American entrepreneur and founder of the Tharaldson Companies.
Gary Tharaldson was born in and grew up in Dazey, North Dakota. He graduated from Valley City State University with degrees in Business Administration and Physical Education. He did graduate work at North Dakota State University in Fargo and taught school in Leonard, North Dakota for two years.
Tharaldson Hospitality builds and operates hotels across the United States. Tharaldson Companies was established in 1982 by Gary Tharaldson, with the purchase of a Super 8 Motel in Valley City, North Dakota. Gary Tharaldson is listed among the 1998 Forbes 400 Richest Americans, and his organization, since its establishment, has grown to be one of America's largest developers of new hotels.
In March 2006, the Tharaldson Family sold 130 hotels to the Whitehall Real Estate Fund (Division of Goldman Sachs) for $1.2 billion in cash. The proceeds from the transaction have mostly been invested in key land properties around the nation. The assets are being managed by Diversified Asset Management based in Las Vegas, Nevada.

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Gary Tharaldson Latest News

Tharaldson hits billionth gallon of ethanol, announces expansion

The investment is expected to cost $2.5 million to $3 million. Gary Tharaldson is owner of Tharaldson Motels II, Inc., of Fargo, which built the plant nine years ago. The plant grinds roughly 60 million bushels of corn a year, about 90 percent of which ...
Posted: April 10, 2017, 4:30 am

Demo looms for Midtown Staybridge hotel project

Of note, billionaire Gary Tharaldson, DLG co-founder, established Tharaldson Companies in 1982 with the purchase of a Super 8 Motel in Valley City, North Dakota. The hotel will offer 163 rooms, with four floors of hotel space sitting atop a one-story ...
Posted: August 11, 2017, 12:11 pm

Central Cass receives million dollar donation for athletic upgrades

CASSELTON, N.D.—Central Cass received a gift from Gary Tharaldson of Tharaldson Ethanol on Thursday, Oct. 27. It was a little bit more than some Halloween candy. It was $1 million. "It fits with our mission statement of expanding opportunities for school ...
Posted: October 26, 2016, 11:50 pm

Here is the richest person in each U.S. state

34. North Dakota: Gary Tharaldson Tharaldson, worth $900 million, is the founder of Tharaldson Hospitality management LLC. 35. Ohio: Les Wexner Wexner is the chairman and chief executive officer of fashion retailer L Brands, which owns Bath & Body Works.
Posted: June 24, 2017, 12:04 am

Tharaldson Ethanol receives federal funding for expansion

It produces over 150 million gallons of ethanol and about 450,000 tons of dried distiller’s grain each year. The plant was built in 2008 by hotel magnate and North Dakota native Gary Tharaldson.
Posted: August 24, 2017, 1:00 am
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