Pete Kadens Net Worth: Founder Hope Chicago Donates How Much Money?
Pete Kadens Net Worth: Pete Kadens is a serial entrepreneur and philanthropist. He is currently the Chairman of The Kadens Family Foundation, a charity that works to close the gap between the rich and the poor in the U.S.
After he was on the popular American TV show 60 Minutes, Kadens became well-known on the internet. He is a well-known person in Chicago who has won many awards and praise for his work.
Pete Kadens Biography
Nobody knows the exact date that Pete Kadens was born in 1979. He was born in Chicago, Illinois, in the United States.
Pete has done a lot of different things with his friends since he was a child. Pete spent his last two years of high school at Ottawa Hills High School in Ottawa, Ontario.
He got his diploma in 1996. No information has been made public yet about his middle school. He went to Bucknell University in 1996 to take a class toward his degree. No one knows the names of his parents and siblings yet.
|Height||5 feet 10 inch|
|Age||43 years (as of 2022)|
|Date of Birth||1978|
|Birth Place||Chicago, United States|
|Net Worth||$10 million|
Pete Kadens’s Career
Pete was a co-founder and CEO of Green Thumb Industries, which is now the world's second-largest cannabis company and has a market capitalization of more than $6 billion.
He left the company in September 2018 after taking it public. Pete started one of the largest commercial solar companies in the United States, SoCore Energy, in 2008. This was before he started Green Thumb Industries.
Under his direction, SoCore expanded to 17 states and was named by the Chicago Innovation Awards as one of the city's most creative businesses. SoCore Energy was sold to Edison International in 2013. Edison International is a Fortune 500 energy holding company.
During Pete's 16 years as CEO, he hired close to 5,000 people. Kadens is a 2019 Aspen Institute Henry Crown Fellow. Each year, only 20 people from all over the world are chosen for this fellowship because they have the potential to start businesses that solve one of society's hardest problems.
Pete Kaden’s Net Worth
As of 2022, it is thought that Pete Kadens has a net worth of $10 million. Kadens is a successful businessman who runs five different businesses. He also gave $20 million to the first plan for Hope Chicago, which will be built in 2021.
Pete has a lot of money, but instead of spending it on a lavish lifestyle, he wants to use it to help other people have a better life. Pete's job at Green Thumb Industries is his main source of income (GTI).
Pete Kadens as a Philanthropist
Pete is a strong believer in and active leader of organisations that try to change lives and make communities stronger. From 2009 to 2018, he was chairman of StreetWise, one of the most important organisations in Chicago that helps homeless people. Kadens is the chairman emeritus of StreetWise and sits on the boards of a number of other nonprofit and for-profit organizations.
Pete and his family are now the majority owners of Headbands of Hope, a fashion company that gives hair accessories to sick and poor children using the “one for one” model.
Pete and his family foundation also set up and paid for a campaign to make sure that all kids from Toledo's most neglected and poor high schools, as well as one of their parents, can go to college or trade school for free.
The nonprofit, HOPE Toledo, helps more than 300 families right now. Kadens also started and is the Chairman of HOPE Chicago, a non-profit organization that works to educate the poor people of Chicago.
Pete Kadens Awards and Achievements
Pete got the Trailblazer Chicago Award from The Cara Program in 2019, the Catalyst Man of the Year award from Streetwise in 2015, and the Distinguished Alumnus for Citizenship award from Bucknell University in 2010, where he got his bachelor's degree in political science.
Ottawa Hills High School, where he went to high school, has put him in their Hall of Fame. Pete was also named one of Crain's Chicago Business' 40 Under 40 in 2012 and one of Marijuana Business Daily's 20 People to Watch in the Cannabis Industry in 2018.
Frequently Asked Questions
Who is Pete Kadens’s Wife?
Pete is married to Amy Robbins Kadens. When they were both teenagers, they met in Toledo.
They have three wonderful children who are being raised to have a strong sense of empathy and a strong desire to help those who are less fortunate.
Who is Pete Kadens?
Pete Kadens has started many businesses and is a dedicated philanthropist. He is currently the Chairman of The Kadens Family Foundation, a charity that works to close the wealth and education gaps that exist in the U.S.
Who Is the Founder of Hope Chicago?
Pete Kadens is the founder and co-chairman of the organization Hope Chicago.