Mr. Menard has been the President and a director of Menard, Inc., a building materials and home improvement retailing business, since February 1960. Menard, an Eau Claire resident, founded the Menards home improvement store chain in Eau Claire in 1960. It's now a competitor to Home Depot and Lowe's and has over 300 stores across the United States, from Wyoming to Ohio. These include nearly four dozen Wisconsin locations. Menards brings in an estimated $13 billion in sales. Menard has also been involved in IndyCar racing since the 1980s. He sponsored the winning car at the 2019 Indy 500, his first win in nearly 40 years of involvement in racing. His net worth is estimated at $25.2 billion, up from an estimated $22.5 billion in 2023. His wealth has increased steadily every year since 2019, according to Forbes estimates.