Chris Coborn Net Worth: How Much Does the Former CEO of Hy-Vee Make?

Chris Coborn Net Worth: A Closer Look

Chris Coborn is a businessman and philanthropist who has amassed a net worth of $1.5 billion. He is the chairman and CEO of Coborn’s, a family-owned grocery chain with over 300 stores in Minnesota, North Dakota, South Dakota, and Wisconsin.

Coborn was born in 1953 in Albert Lea, Minnesota. He grew up working in his family’s grocery store, and he eventually took over the business after his father retired. Under Coborn’s leadership, Coborn’s has grown from a small local chain to a regional powerhouse.

In addition to his business interests, Coborn is also a major philanthropist. He has donated millions of dollars to charities in Minnesota and North Dakota. He is also a member of the board of directors of the University of Minnesota and the Mayo Clinic.

Coborn is a successful businessman and philanthropist who has made a significant impact on the state of Minnesota. His net worth is a testament to his hard work and dedication.

| Name | Net Worth | Source |
|—|—|—|
| Chris Coborn | $1.7 billion | Forbes |

Chris Coborn’s Career

Chris Coborn was born in 1950 in St. Cloud, Minnesota. He is the son of Jack Coborn, who founded Coborn’s Inc., a grocery store chain, in 1919. Coborn graduated from the University of Minnesota with a degree in business administration in 1972.

After college, Coborn worked for Coborn’s Inc. in various management positions. In 1988, he was named president of the company. He served as president until 2004, when he was named CEO. Coborn remained CEO of Coborn’s Inc. until his retirement in 2015.

Under Coborn’s leadership, Coborn’s Inc. grew from a small chain of grocery stores to a regional powerhouse. The company now operates over 100 stores in Minnesota, North Dakota, South Dakota, and Wisconsin.

Coborn is also active in civic affairs. He served on the board of directors of the Minnesota Chamber of Commerce and the University of Minnesota Foundation. He is also a member of the Minnesota Business Hall of Fame.

Chris Coborn’s Net Worth

Chris Coborn’s net worth is estimated to be $1.5 billion. Coborn’s wealth is derived from his ownership of Coborn’s Inc., as well as from investments in other businesses.

Coborn’s net worth has grown significantly over the years. In 2015, his net worth was estimated to be $800 million. By 2023, his net worth had grown to $1.5 billion.

Coborn’s net worth is expected to continue to grow in the years to come. Coborn’s Inc. is a profitable company, and Coborn is likely to continue to invest his wealth in other businesses.

Sources of Coborn’s Wealth

Coborn’s wealth is derived from a number of sources. The largest source of Coborn’s wealth is his ownership of Coborn’s Inc. Coborn owns approximately 20% of the company’s stock.

Other sources of Coborn’s wealth include investments in other businesses, real estate, and personal assets. Coborn also has a number of business interests outside of Coborn’s Inc., including a stake in the Minnesota Wild hockey team.

Coborn’s Net Worth Over Time

Coborn’s net worth has grown significantly over the years. In 2015, his net worth was estimated to be $800 million. By 2023, his net worth had grown to $1.5 billion.

The following chart shows Coborn’s net worth over time:

Coborn’s Net Worth Compared to Other CEOs

Coborn’s net worth is comparable to other CEOs of major corporations. For example, the following CEOs have similar net worths to Coborn:

• John Legere, CEO of T-Mobile: $1.9 billion
• Doug McMillon, CEO of Walmart: $2.1 billion
• Satya Nadella, CEO of Microsoft: $2.3 billion

Coborn’s net worth is also comparable to other CEOs of grocery store chains. For example, the following CEOs have similar net worths to Coborn:

• Rosalind Brewer, CEO of Walgreens Boots Alliance: $1.4 billion
• Doug McMillon, CEO of Walmart: $2.1 billion
• Randall L. Stephenson, CEO of AT&T: $2.3 billion

Chris Coborn is a successful businessman and philanthropist. He has built a successful business empire and has given back to his community through his philanthropy. Coborn’s net worth is estimated to be $1.5 billion. His wealth is derived from his ownership of Coborn’s Inc., as well as from investments in other businesses. Coborn’s net worth has grown significantly over the years and is comparable to other CEOs of major corporations.

3. Chris Coborn’s Philanthropy

Chris Coborn has a long history of philanthropy. He has donated millions of dollars to charitable organizations, and he has also been involved in a number of nonprofit organizations.

Coborn’s Charitable Contributions

Coborn has donated millions of dollars to charitable organizations, including the University of Minnesota, the Minneapolis Institute of Art, and the Minnesota Zoo. He has also donated to a number of smaller organizations, such as the Boys and Girls Clubs of America and the American Cancer Society.

Coborn’s Involvement with Nonprofit Organizations

In addition to his financial contributions, Coborn has also been involved in a number of nonprofit organizations. He is a member of the board of directors of the University of Minnesota Foundation and the Minneapolis Institute of Art. He is also a former chairman of the board of directors of the Minnesota Zoo.

Coborn’s Legacy of Philanthropy

Coborn’s philanthropy has had a significant impact on the Minnesota community. His donations have helped to support a number of important organizations, and his involvement with nonprofit organizations has helped to raise awareness of important issues.

4. Chris Coborn’s Personal Life

Chris Coborn was born in Minneapolis, Minnesota, in 1954. He graduated from the University of Minnesota with a degree in business administration. He married his wife, Mary, in 1977, and they have two children.

Coborn’s Family

Coborn’s family is very important to him. He and his wife have been married for over 40 years, and they have two children. He is also close to his extended family, including his siblings and parents.

Coborn’s Hobbies and Interests

Coborn enjoys spending time with his family, reading, and golfing. He is also a fan of the Minnesota Vikings and the Minnesota Twins.

Coborn’s Awards and Recognition

Coborn has received a number of awards and recognition for his philanthropy and business achievements. He was named the Ernst & Young Entrepreneur of the Year in 2005, and he was inducted into the Minnesota Business Hall of Fame in 2013.

Chris Coborn is a successful businessman and philanthropist. He has made a significant impact on the Minnesota community through his donations and his involvement with nonprofit organizations. He is a role model for others, and he is an inspiration to all who know him.

Q: What is Chris Coborn’s net worth?

A: Chris Coborn’s net worth is estimated to be $1.2 billion.

**Q: How did Chris Coborn make his money?

A: Chris Coborn made his money through his career in the grocery business. He started working for his family’s grocery store chain, Coborn’s, in 1975. He eventually became the CEO of the company and oversaw its growth into one of the largest grocery chains in the Midwest.

**Q: What is Chris Coborn’s current role?

A: Chris Coborn is currently the chairman of the board of Coborn’s. He also serves on the boards of several other companies, including the Minnesota Timberwolves and the University of Minnesota.

**Q: What are Chris Coborn’s philanthropic activities?

A: Chris Coborn is a generous philanthropist. He has donated millions of dollars to charities, including the University of Minnesota, the Minnesota Timberwolves, and the Children’s Cancer Research Fund.

**Q: What is Chris Coborn’s legacy?

A: Chris Coborn is a successful businessman and philanthropist. He has made a significant impact on the grocery business and the community. He is an inspiration to others and a role model for young entrepreneurs.

Chris Coborn is a successful businessman who has amassed a net worth of $1.2 billion. He is the chairman and CEO of Coborn’s, a family-owned grocery chain with over 100 stores in Minnesota and Iowa. Coborn has also served as the chairman of the Minnesota Chamber of Commerce and the Minnesota Retail Association. He is a strong advocate for small businesses and has been involved in numerous charitable organizations.