$1 Billion | Rank #2190
Who is Forrest Preston
The private firm raked in $2.7 billion in sales in 2020 from nursing homes, assisted living facilities and retirement living communities in 28 states.
Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee.
In 2016, the company agreed to pay $145 million to settle a government lawsuit alleging that the firm had over-billed federal healthcare programs.
In February 2020, an LCCA facility in Seattle became the epicenter of Washington’s Covid-19 outbreak as nursing homes across the country struggled. Coming from an average or middle class family, Forrest Preston is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 2190 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 89.0 years old. As of today, Forrest Preston’s net worth is approximately 1 Billion.
Facts about Forrest Preston
| Net Worth: | 1 Billion |
| Billionaire Rank: | 2190 |
| Age: | 89.0 |
| Date of Birth: | 22-03-33 |
| Gender: | Male |
| Currently Living in: | Cleveland, Tennessee, United States |
| Birth Place: | United States |
| Source of Wealth: | health care |
To find out what is Forrest Preston Net Worth, how he got there and what is Forrest Preston Salary Per Day, Career, Biography and Childhood details, continue reading below.
Background of Forrest Preston
Forrest Preston was born on 22-03-33 in United States. His first facility, formerly called Garden Terrace Convalescent Center, is still open today in Cleveland, Tennessee. Before founding the company, Preston sold vacuum cleaners, worked as an X-ray technician and ran a printing business with his brother. Being raised in the same country, Forrest Preston spent most of his time in Tennessee in the city of Cleveland.
Forrest Preston net worth is estimated at 1 Billion Billion to date.
Professional Journey
You will see him often in social media. Forrest Preston founded Life Care Centers of America in 1970 and has since made a fortune with facilities that house and care for the elderly. There was a time when he would have embraced the change that was coming. He is one of the persons who are always trending in news. His first facility, formerly called Garden Terrace Convalescent Center, is still open today in Cleveland, Tennessee. In his youth, he was adventurous but unknown, but that was years ago. The private firm raked in $2.7 billion in sales in 2020 from nursing homes, assisted living facilities and retirement living communities in 28 states.
Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee.
In 2016, the company agreed to pay $145 million to settle a government lawsuit alleging that the firm had over-billed federal healthcare programs.
In February 2020, an LCCA facility in Seattle became the epicenter of Washington’s Covid-19 outbreak as nursing homes across the country struggled. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Forrest Preston founded Life Care Centers of America in 1970 and has since made a fortune with facilities that house and care for the elderly.
It is to be noted that Forrest Preston is one of the selfmade billionaires in the world and stands at 2190 in most wealthy persons in the world.
FAQs
Here are a few most frequently asked questions about Forrest Preston:
How much is Forrest Preston worth?
Forrest Preston’s net worth is estimated to be 1 Billion.
How old is Forrest Preston?
Forrest Preston was born on 22-03-33, and is currently 89.0 years old.
What is Forrest Preston source of income?
Forrest Preston acquires most part of his wealth from health care.
Concluding Forrest Preston Net Worth
Currently with a net worth of 1 Billion, Forrest Preston stands at 2190 in the world billionaires list. And draws most of his wealth from health care. Hope you like this information about Forrest Preston. If you like this, then please share it with your friends. This above post is all about the estimated worth of Forrest Preston. Do you have any queries? Feel free to ask via comment section.
Disclaimer: Please keep in mind that this is an estimated net worth of Forrest Preston. Actual worth may vary a little. You can always get information by checking out Leaktown.com.
