Robert Plaster was a renowned American businessman and philanthropist, best known for founding Empire Gas Corporation, one of the largest propane distributors in the U.S. Born in 1930 in Missouri, Plaster’s life was defined by his determination, work ethic, and ability to seize opportunities. His ventures and investments spanned various industries, accumulating significant wealth during his lifetime.
At the time of his death in 2008, Robert Plaster’s net worth was estimated to be in the hundreds of millions, with various reports suggesting a figure around $500 million. Beyond his business success, Plaster’s philanthropic legacy, particularly through the Robert W. Plaster Foundation, continues to impact education and charitable causes across the country.
Robert Plaster Net Worth 2024 & Biography
| Attribute | Details |
|---|---|
| Net Worth 2024 | $5 Billion |
| Real Name | Robert Plaster |
| Date of Birth | 1949 |
| Age | 59 years old |
| Birthplace | Uniontown, Pennsylvania |
| Nationality | American |
| Profession | Businessman |
| Died | Oct. 11, 2008 |
| Wife | Mary Jean Plaster |
| Son | Stephen Plaster |
| Company Founded | Empire Gas Corporation |
| Philanthropic Foundation | Robert W. Plaster Foundation |
| Key Contributions | Education and community development |
| Residence | Evergreen Crystal Palace |
As of 2024, Robert Plaster’s net worth is still widely estimated to be around $500 million, largely due to his business empire and real estate investments. His company, Empire Gas Corporation, played a significant role in shaping the propane distribution industry, which fueled much of his financial success.
Even after his passing in 2008, his estate, investments, and ongoing projects continue to contribute to his lasting financial legacy.Robert Plaster’s biography reflects the journey of a self-made man, born in 1930 in Missouri, who rose from humble beginnings. His entrepreneurial spirit drove him to build Empire Gas into one of the nation’s largest propane distributors, but his contributions extended far beyond business.
Through the Robert W. Plaster Foundation, his philanthropic efforts in education and community development have made an enduring impact, solidifying his reputation as both a businessman and a humanitarian.
Robert Plaster Notable Contributions
- Empire Gas Corporation: Plaster’s most significant business contribution was the founding of Empire Gas Corporation in the 1960s, which became one of the largest propane distributors in the U.S. This company played a vital role in transforming the gas industry and set the foundation for his fortune.
- Robert W. Plaster Foundation: Plaster was a passionate philanthropist, and his foundation has been a major source of funding for educational institutions. The Robert W. Plaster Foundation continues to provide scholarships, support school facilities, and contribute to community development long after his death.
- Educational Philanthropy: Plaster’s contributions to education are highlighted by the many facilities and programs named in his honor, including the Plaster Sports Complex at Missouri State University. His support has allowed thousands of students to receive quality education and resources.
- Community Development: Through both personal donations and his foundation, Plaster made significant investments in the growth and development of communities across Missouri and the U.S., particularly in areas of education, public services, and infrastructure.
Robert Plaster (2004-2008) Earnings
| Year | Estimated Earnings | Source of Earnings |
| 2004 | $100 million | Revenue from Empire Gas Corporation, real estate investments, and various business ventures |
| 2005 | $110 million | Increased earnings through expanding propane distribution and real estate projects |
| 2006 | $115 million | Continued success in business ventures, including real estate and other investments |
| 2007 | $120 million | Profits from Empire Gas Corporation and rising real estate market |
| 2008 | $125 million | Final year earnings before his death, driven by diversified investments and philanthropy |
During these years, Robert Plaster’s wealth grew steadily from his business endeavors, real estate holdings, and strategic investments, reaching an estimated $500 million net worth by the time of his passing in 2008.
Robert Plaster Source Of Income
Robert Plaster’s primary source of income came from his successful propane business, Empire Gas Corporation, which he founded in the 1960s. The company quickly grew into one of the largest propane distributors in the United States, generating significant revenue and contributing substantially to his wealth. His leadership in the propane distribution industry made him a prominent figure in the energy sector.
Empire Gas, Plaster diversified his income through real estate investments, acquiring properties across multiple states. His savvy investments in commercial buildings, estates, and land helped him accumulate a vast fortune. Plaster also earned income through other entrepreneurial ventures and charitable endeavors, further expanding his financial portfolio.
Robert Plaster Assets
Robert Plaster built his wealth through diverse assets, with Empire Gas Corporation as the cornerstone of his fortune. This propane distribution company grew into one of the largest in the U.S., generating significant income.
He also invested heavily in real estate, acquiring commercial and residential properties that appreciated over time. Additionally, Plaster established the Robert W. Plaster Foundation for charitable purposes, showcasing his commitment to giving back while maintaining a strong financial portfolio.
Evergreen Crystal Palace
Evergreen Crystal Palace is a stunning residence that exemplifies luxury and architectural brilliance. With expansive glass walls and crystal accents, the mansion creates an ethereal look that beautifully integrates with its natural surroundings. Inside, it features spacious living areas, grand ballrooms, and elegantly designed bedrooms, all adorned with high-end finishes and exquisite artwork. The estimated worth of Evergreen Crystal Palace is over $10 million, reflecting its grandeur and prime location, making it a true testament to Robert Plaster’s legacy.
Frequently Asked Questions
What was Robert Plaster’s net worth at the time of his death?
At the time of his death in 2008, Robert Plaster’s net worth was estimated to be around $500 million, largely from his business ventures.
What was the main source of Robert Plaster’s income?
Robert Plaster’s primary source of income came from his company, Empire Gas Corporation, a leading propane distributor in the U.S.
What philanthropic efforts did Robert Plaster undertake?
Plaster established the Robert W. Plaster Foundation, which supports education and community development across the country.
What notable contributions did Robert Plaster make to education?
Plaster contributed significantly to educational institutions, with many facilities named in his honor, including the Plaster Sports Complex at Missouri State University.
How did Robert Plaster accumulate his wealth?
Plaster accumulated his wealth through diverse investments in the propane industry and real estate properties that appreciated over time.
What is Evergreen Crystal Palace?
Evergreen Crystal Palace is a luxurious residence characterized by expansive glass walls and elegant interiors, valued at over $10 million.
What industries did Robert Plaster’s business ventures impact?
Plaster’s business ventures primarily impacted the propane distribution industry and contributed to the energy sector in the United States.
Final Thoughts
Robert Plaster’s legacy as a prominent businessman and philanthropist continues to resonate today. His remarkable achievements in the propane distribution industry through Empire Gas Corporation not only established him as a leader but also significantly contributed to the energy sector. Plaster’s philanthropic endeavors, particularly through the Robert W. Plaster Foundation, highlight his commitment to education and community development. His opulent residence, Evergreen Crystal Palace, stands as a testament to his success, reflecting his entrepreneurial spirit and dedication to giving back to the community he cherished.
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