| Name: | Richard Duchossois |
| Net Worth: | $ 1 billion |
| Source of Wealth: | Duchossois Group |
| Born: | October 7, 1921 |
| Age: | |
| Death: | January 28, 2022 |
| Country: | USA |
| Wife: | Mary Judith Duchossois |
| Children: | Craig J. Duchossois, Kimberly Duchossois, Bruce Duchossois, Dayle Duchossois |
| Residence: | Barrington, Illinois |
| Private Jet: | Gulfstream Dassault Falcon Boeing |
| Yacht | Dassault Falcon 7X (N66DD) |
Richard Duchossois, born in October 1921 and passed away on January 28, 2022, was a prominent Illinois-based investor. He was the visionary founder of the Duchossois Group (TDG), a privately held and successful investment company. He shared his life with his wife, Mary Duchossois, and their four children.
The Duchossois Group’s investments span across a variety of industries, including The Chamberlain Group, Inc. known for its access control products, Chamberlain Manufacturing Company for its defense products, and AMX LLC for command, control, and communications products.
The group’s portfolio also includes HeathCo known for its motion-activated controls, Milestone AV Technologies, Brivo, Duchossois Capital Partners, and Duchossois Technology Partners.
Furthermore, TDG holds strategic interests in Churchill Downs, Incorporated. The Group oversees over $2 billion in assets under management and employs more than 5,000 people.
Richard’s son, Craig Duchossois, is now leading the charge as the Chairman and Chief Executive Officer of The Duchossois Group, maintaining the legacy of his father’s business acumen into his 70s.
Richard Duchossois was not only a successful businessman but also a decorated war veteran. During World War II, he served in five European campaigns, earning multiple citations before retiring from active service as a Major in 1946.
Between 1952 and 1980, Duchossois helmed the Thrall Car Manufacturing Company, one of the nation’s leading rail car manufacturers. This company, initially owned by his wife’s father, flourished under Duchossois’ leadership. Later, in 1980, he acquired and became the Chairman of the Chamberlain Manufacturing Corp.
In addition to his business endeavors, Duchossois held a deep passion for horse racing. He was the proud owner of the Arlington Park Race Track, served as a director of the Thoroughbred Racing Association, and owns the Hill n Dale Farm in Barrington Hills, Illinois. For nearly three decades, he has bred and owned a variety of top-tier horses, including Explosive Darling, Secretaridge, Royal Copenhagen, and Eclair de Lune. The latter provided him with a cherished victory in the 2010 Beverly D Stakes race at Arlington.
In memory of his late wife, Beverly, who lost her life to cancer in 1980, Duchossois established the Beverly D. Stakes. This prestigious event is a testament to the enduring love he held for his beloved wife.
Duchossois’ accomplishments in various industries, along with his investment prowess, culminated in a net worth exceeding $1 billion, leaving a legacy of financial success in addition to his remarkable contributions to business and horse racing.
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Richard lived with his wife in a large house on his Hill n Dale Farm, in Barrington, Illinois. See a Google Earth picture hereunder.
Barrington, Illinois, is a charming and affluent suburb nestled in the heart of the Chicago metropolitan area. Renowned for its verdant parks, pristine nature preserves, and a historic downtown area, it offers a serene retreat from the bustle of city life.
Known for its excellent schools, the town is a popular choice for families looking for high-quality education in a community-oriented setting. Barrington features an array of beautiful residences, from historic homes to modern masterpieces, many set on spacious, tree-lined lots. The village is steeped in culture, hosting several annual festivals, art shows, and farmer’s markets that foster a strong sense of community.
Active residents enjoy numerous hiking and biking trails, while the local equestrian culture is prominent, reflecting the village’s historical roots. The local economy thrives on small businesses, boutique shops, and upscale dining establishments. Barrington’s Metra station offers convenient transport, making Chicago’s downtown easily accessible for commuters.
The area is recognized for its commitment to conservation, with an abundance of green spaces and efforts towards sustainable living. Overall, Barrington, Illinois, epitomizes the best of suburban living, blending small-town charm with big-city convenience.
He was the owner of the Feadship yacht Blue Moon. We think the yacht is now owned by his son Craig.
The Blue Moon Yacht is a stunning seafaring masterpiece crafted by the esteemed yacht builder, Feadship, and graced with interiors by Donald Starkey.
With a robust Caterpillar-powered engine system, the Blue Moon boasts a top speed of 16 knots and a substantial cruising range of 4,700 nautical miles.
This luxury vessel is a proud emblem of the Duchossois family’s yachting tradition, marking their third and largest yacht, all constructed by Feadship.
Notable features of the Blue Moon include an impressive tubular elevator lit by a sundeck skylight, a fully equipped gym, multiple Jacuzzis, and a vintage 1972 Riva Aquarama.
Richard was the owner of a Dassault Falcon 7X private jet. With registration N66DD. The aircraft was delivered in 2011. It has a list price of US$ 35 million. The jet can accommodate 14 passengers.
The Dassault Falcon 7X is a tri-jet business aircraft manufactured by Dassault Aviation. It is designed to accommodate up to 19 passengers in a spacious and luxurious cabin and has a range of approximately 5,700 nautical miles. The Falcon 7X features advanced technology and avionics, including fly-by-wire controls, a spacious and well-appointed cabin, and a smooth and quiet ride. The aircraft is known for its exceptional range, speed, and comfort, making it a popular choice for VIP and corporate customers. The price of a Dassault Falcon 7X can range from $40 million to $60 million or more, depending on the age of the aircraft, its configuration, and other factors. It’s important to note that the cost of owning and operating a Falcon 7X also includes ongoing expenses such as maintenance, fuel, and crew salaries.
Super Yacht Owners Database 2025
