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Ron Wanek makes Forbes 400 list

Ashley chairman said to be worth $1.5 billion

Furniture Today Staff -- Furniture Today, September 29, 2008

ARCADIA, Wis. — Ashley Furniture Chairman Ron Wanek has made the Forbes 400 ranking of the richest people in America this year with an estimated net worth of $1.5 billion.

Wanek, who leads the industry's largest furniture manufacturing operation and is behind its largest retail network - Ashley Furniture HomeStores - was No. 321 on the Forbes list, which had a cutoff this year of $1.3 billion.

Click here to read the Forbes 400 story, and here for a quick link to Wanek's listing.

Separately, Ashley was honored recently by the Wisconsin Assembly for passing Wal-Mart to become the nation's largest retailer of furniture and bedding. The legislators based the honor on Ashley Furniture HomeStores' estimated $2.38 billion in furniture and bedding sales in 2007, citing Furniture/Today's Aug. 25 report on the Top 25 U.S. Furniture and Bedding Retailers.

Click here to read about the recognition in the La Crosse Tribune.

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