Robert Plaster was a prominent businessman and civic leader from Lebanon, Missouri, whose entrepreneurial ventures and philanthropic endeavors have left an enduring impact. As a founder of Empire Gas and various other successful enterprises, he built an impressive financial legacy. His contributions to business, education, and community development are still celebrated today. In this article, we will explore Robert Plaster net worth, his life journey, his achievements, and his influence, both in business and philanthropy.
Early Life and Background
Robert Plaster, born on September 3, 1930, in Lebanon, Missouri, had humble beginnings. Growing up in the Ozarks, he learned the values of hard work and determination from an early age. Plaster often credited his modest upbringing as the driving force behind his success. These early experiences instilled in him the persistence and dedication that would later define his entrepreneurial career.
Plaster pursued his education at Southwest Missouri State University (now Missouri State University), where he developed the foundation for his future business ventures. His ambition was not only to achieve financial success but also to create opportunities for others, particularly in education and community development.
Business Ventures and Entrepreneurial Success
Founding Empire Gas Corporation
One of Robert Plaster most significant achievements was the founding of Empire Gas Corporation in 1963. Based in Missouri, Empire Gas quickly grew into one of the largest propane distribution companies in the United States. Under Plaster’s leadership, the company expanded rapidly, acquiring smaller competitors and establishing a vast customer base. Empire Gas provided propane services to residential, commercial, and agricultural clients across the nation.
Robert Plaster ability to identify opportunities in the energy sector and his strategic vision were instrumental in Empire Gas’s success. The company became a leader in propane distribution, propelling Plaster to wealth and influence in the energy industry.
Diversification and Real Estate Investments
Beyond Empire Gas, Robert Plaster was a savvy investor who diversified his portfolio by venturing into various industries, including real estate, financial services, and telecommunications. His real estate investments, in particular, contributed significantly to his financial success. Plaster invested in both residential and commercial properties, as well as expansive lands across the Midwest.
His ability to spot undervalued properties and make profitable investments ensured that his wealth continued to grow over time. Robert Plaster was a firm believer in reinvesting profits, which enabled him to expand his business empire across different sectors.
Robert Plaster Net Worth
As of 2024, Robert Plaster net worth is estimated to be $9 million. His fortune was primarily built through his successful propane distribution business, Empire Gas, as well as through strategic real estate investments and other business ventures. While his net worth reflects his financial success, it also highlights his contributions to his community and philanthropic causes.
Plaster’s wealth allowed him to support numerous charitable and educational initiatives, particularly through the Robert W. Plaster Foundation, which continues to impact lives long after his passing.
Robert Plaster Height, Weight, and Physical Appearance
Robert Plaster was a man of notable stature, standing at 6 feet 4 inches tall and weighing around 200 pounds. His commanding presence was reflective not only in his physical appearance but also in his leadership and influence within the business world.
Family Life
Robert Plaster Wife and Children
Robert Plaster married Mary Jean Plaster, and the couple had a son named Stephen Plaster. While Robert business ventures brought him wealth and success, he was also a family man who valued the importance of maintaining strong family relationships.
His son, Stephen Plaster, followed in his father’s footsteps, becoming involved in the business world and managing many of the family’s investments. The Plaster family’s legacy is deeply tied to their contributions to both business and philanthropy, which have spanned generations.
Philanthropy and Community Contributions
Establishing the Robert W. Plaster Foundation
One of the most defining aspects of Robert Plaster’s life was his commitment to giving back to the community. In 1983, he established the Robert W. Plaster Foundation, which was dedicated to improving educational opportunities and supporting charitable causes. The foundation has donated millions of dollars to educational institutions, healthcare facilities, and community development projects.
Plaster’s deep belief in the power of education drove his philanthropy. He sought to provide opportunities for individuals to better their lives through education, just as he had done. As a result, many universities and colleges have benefited from his generosity, including Southwest Baptist University, Missouri State University, and College of the Ozarks. These institutions have received substantial donations from the Plaster Foundation, funding scholarships, building expansions, and academic programs.
Significant Contributions to Education and Community
One of Robert Plaster most notable contributions was his focus on supporting education. His philanthropic efforts helped build state-of-the-art facilities, expand campuses, and fund scholarships for students who may not have otherwise had the opportunity to attend college. Several buildings bear his name, such as the Robert W. Plaster Free Enterprise Center, highlighting his commitment to education and his desire to foster the next generation of entrepreneurs.
Plaster also invested in healthcare and community development, helping fund the construction of hospitals, community centers, and recreational spaces. His contributions to healthcare improved access to medical services in rural areas, reflecting his commitment to bettering the lives of those in his community.
Robert Plaster Death and Legacy
Robert Plaster passed away on October 11, 2008, at the age of 78, leaving behind a remarkable legacy of business success and philanthropy. His death marked the end of an era, but his influence and contributions continue to resonate today. His foundation remains active, ensuring that his values of education, community support, and free enterprise are upheld.
Plaster’s legacy is particularly evident in the various institutions and projects he supported. Buildings, scholarships, and charitable programs immortalize his name as they continue to impact lives and provide opportunities for future generations. People remember him not only for his financial success but also for his unwavering commitment to giving back to the community.
Conclusion
Robert Plaster journey from a humble upbringing in the Ozarks to becoming a wealthy businessman and civic leader serves as an inspiration to many. His estimated $9 million net worth in 2024 is a testament to his successful business ventures, particularly in the propane industry, as well as his investments in real estate and other sectors. However, his legacy is defined not just by his wealth, but by his philanthropic efforts and dedication to improving education and communities.
The Robert W. Plaster Foundation continues to carry on his vision, ensuring that his name and impact live on. Through his contributions to education, healthcare, and community development, Robert Plaster influence remains a lasting beacon of generosity, innovation, and success. Read More Famebeauty.org.