The daughter of one of America’s most successful businesswomen has opened up about the pressure she is facing to carry on her mother’s yearslong fight to revive their crime-ridden Wisconsin hometown—a battle that has seen the family pouring millions into transforming the area’s crumbling real estate.
Billionaire Diane Hendricks, 78, the CEO and co-founder of ABC Supply—one of the largest wholesale distributors of roofing, siding, and windows in the U.S., according to Forbes—has, for the last 10 years, invested much of her impressive fortune into reviving Beloit, WI, the town in which she and her husband began and built their business.
Now, her daughter, Konya Hendricks Schuh, has made that dream her own, focusing her efforts on the city’s residential properties, many of which have been abandoned and left to crumble—turning once-vibrant neighborhoods into rotting ghost towns…