RICHARD DUCHOSSOIS (1921-2022) • Net Worth $ 1 billion • House • Yacht • Private Jet • Duchossois Group

Name:Richard Duchossois
Net Worth:$ 1 billion
Source of Wealth:Duchossois Group
Born:October 7, 1921
Death:January 28, 2022
Wife:Mary Judith Duchossois
Children:Craig J. Duchossois, Kimberly Duchossois, Bruce Duchossois, Dayle Duchossois
Residence:Barrington, Illinois
Private Jet:Gulfstream Dassault Falcon Boeing
YachtDassault Falcon 7X (N66DD)

Who is Richard Duchossois?

Richard Duchossois was an Illinois-based investor. He founded the Duchossois Group (TDG), a privately held investment company. He was born in October 1921.  He died January 28, 2022. He was married to Mary Duchossois, they have 4 children.

Duchossois Group

The company’s investments include The Chamberlain Group, Inc. (access control products), Chamberlain Manufacturing Company (defense products), AMX LLC (command, control and communications products), HeathCo (motion-activated controls).

Milestone AV Technologies (audio-visual mounting solutions), Brivo (internet-based access control systems), Duchossois Capital Partners (private equity) and Duchossois Technology Partners (early-stage venture capital).

TDG also holds strategic interests in Churchill Downs, Incorporated (NASDAQ: CHDN). TDG has over $2 billion in assets under management. And has more than 5,000 employees.

Craig Duchossois

Richard’s son Craig Duchossois is Chairman and Chief Executive Officer of The Duchossois Group. He is in his 70’s now.

World War II veteran

Duchossois served in five European campaigns during World War II. He was awarded various citations before being released from active service as a major in 1946.

From 1952-1980 Duchossois was CEO of Thrall Car Manufacturing Company. Which was owned by his wife’s father and was one of the nation’s leading rail car manufacturers.

In 1980, he purchased Chamberlain Manufacturing Corp. And became its Chairman.

Horse Racing

Duchossois was active in horse racing. He owns the Arlington Park Race Track. And served as a director of the Thoroughbred Racing Association. He owns the Hill n Dale Farm in Barrington Hills, Ill. Where he has bred and owned horses for nearly three decades.

Included among the top horses raced by Duchossois are Explosive Darling, Secretaridge, Royal Copenhagen. And Eclair de Lune, who gave him his most cherished victory in the 2010 Beverly D Stakes race at Arlington.

Beverly D. Stakes

Duchossois founded the Beverly D. Stakes in memory of his late wife Beverly. Who died of cancer in 1980.

Duchossois Net Worth

His net worth was more than $1 billion.

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Richard Duchossois

Richard Duchossois

Duchossois House

Duchossois yacht Blue Moon

He was the owner of the Feadship yacht Blue Moon. We think the yacht is now owned by his son Craig.