David Humphrey: A Business and Political Powerhouse
David Humphrey is a billionaire businessman and political donor with an estimated net worth of $6.04 billion. His fortune has been amassed through a combination of shrewd investments, including a substantial stake in NortonLifeLock Inc. (NLOK), and his leadership of TAMKO Building Products LLC, a major force in the roofing industry.
David Humphrey’s Wealth Sources
NortonLifeLock Stock: Humphrey holds over 16,854,032 units of NLOK stock, currently valued at over $365 million. Over the past 12 years, he has realized $5.67 billion through the sale of NLOK shares.
TAMKO Building Products: As the CEO of TAMKO, a family-owned business founded by his grandfather, Humphrey has led the company to become a dominant player in the roofing and building materials industry.
David Humphrey’s Political Influence
Political Donations: Humphrey has emerged as a prominent political donor, primarily to candidates of the Republican Party. In the 2016 Missouri Republican elections alone, he and his family contributed over $11 million. Humphrey has also contributed to Republican candidates in other states, including New Hampshire, Wisconsin, and Florida.
Ideological Alignment: Humphrey’s political contributions align with his conservative values. He has supported right-to-work legislation and efforts to limit union power. However, he has also expressed concerns about the Republican Party’s embrace of “extremist” rhetoric.
Criticism of Josh Hawley: In 2021, Humphrey publicly criticized Sen. Josh Hawley (R-Mo.) for his role in the January 6th Capitol riot, despite Hawley having received his support in the past. This criticism suggests Humphrey’s willingness to hold Republican politicians accountable even those he has supported.
David Humphrey: A Complex and Influential Figure
David Humphrey’s wealth and political influence make him a complex and multifaceted figure. His business acumen has created a vast fortune, while his political involvement has given him a significant voice in the political arena. As Humphrey’s net worth continues to grow, it remains to be seen how his influence will evolve in the years to come.