Diane Hendricks: Building a fortune

The episode of Good, Bad, Billionaire introduces Diane Hendricks, who became the richest self-made woman in America, with a net worth of $22 billion. It begins in 2009, when she faces the reality of her husband's death and contemplates selling their business, ABC Supply, which she'd co-founded. Hendricks came from modest beginnings on a dairy farm in Wisconsin, becoming a teenage mother before pursuing a career in real estate. After marrying Ken Hendricks, they worked together in real estate, eventually co-founding ABC Supply in 1982 during a recession.

They aimed to improve the roofing supply industry, providing contractors with better service and organization. As the business grew rapidly, their family dynamic was also complex, featuring multiple children from previous marriages. After her husband's tragic death in 2007, Diane faced immense challenges but chose to take control of the business during the 2008 financial crisis, instead of selling. This bold move led to further expansion of ABC Supply, and her resilience was crucial in navigating the economic downturn.

As the years went on, Diane not only expanded the business significantly but also became a prominent political donor, especially to Republican campaigns. ABC Supply transformed into a major player in the roofing supply industry, with over 1,000 locations and a workforce of over 20,000. The episode wraps up by discussing Diane's philanthropic efforts and her role in shaping local communities, particularly in Beloit, all while exploring her legacy and contributions to U.S. business and politics.