Robert Plaster Net Worth 2025: How He Built His Fortune

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Robert Plaster’s net worth is estimated to be around $1 billion as of 2025. Known for founding Empire Gas Corporation, he revolutionized the propane industry. His wealth came not only from Empire Gas but also from a variety of investments in commercial real estate, the energy sector, and even the technology industry

Plaster also made significant philanthropic contributions through the Robert W. Plaster Foundation, funding scholarships and educational initiatives. His net worth has remained steady over the years due to smart investments, even after his passing in 2008. Today, his legacy lives on through his vast business interests and ongoing charitable work.

BIO/WIKI: Robert Plaster Profile Summary

AttributeDetails
Full NameRobert W. Plaster
Born1933, Neosho, Missouri, USA
Died2008, USA
Net Worth (2025)Estimated at $1 billion
ProfessionBusinessman, Entrepreneur, Philanthropist
Known ForFounder of Empire Gas, philanthropist, investor
Notable BusinessEmpire Gas Corporation, Evergreen Investments, Real Estate
Key AchievementsFounder of one of the largest propane gas companies, major philanthropist, contributor to education
PhilanthropyRobert W. Plaster Foundation, education-focused donations
FamilyMarried, 2 children (details not widely publicized)
LegacyHis impact on education and business continues through the foundation and his investments

This profile summary gives a concise overview of Robert Plaster’s life, career, net worth, and legacy, highlighting his accomplishments, personal details, and philanthropic work.

Early Life and Career Beginnings

Born in Neosho, Missouri, during the Great Depression, Robert Plaster learned the value of hard work early. His family struggled financially, so he took on various jobs as a child, including working at a grocery store and delivering newspapers at Camp Crowder. His mother instilled in him the belief that “Can’t Never Could,” a motto that stayed with him throughout his life.

After high school, he attended Joplin Junior College but had to leave due to financial difficulties. Instead of giving up, he entered the workforce, gaining valuable experience at the U.S. Treasury Department before moving into the propane gas industry. These early struggles shaped his future business strategies and financial mindset.

Building Empire Gas and His Rise to Wealth

In 1963, Robert Plaster founded Empire Gas Corporation, which would become one of the largest liquid propane (LP) gas distributors in the country. Through strategic acquisitions and aggressive expansion, the company grew rapidly and eventually earned a listing on the New York Stock Exchange. His ability to identify market gaps and capitalize on opportunities played a crucial role in his financial success.

At its peak, Empire Gas had over 6,000 retail locations and controlled a significant portion of the U.S. propane market. His leadership and innovative approach to business helped him accumulate substantial wealth. By the time he sold the company in 1996, his net worth had already reached impressive heights, securing his financial legacy.

Major Sources of Income and Investments

Beyond Empire Gas, Robert Plaster diversified his income streams through strategic investments and business ventures. Some of his most notable sources of income included:

Income SourceDescription
Empire GasOne of the largest propane distributors in the U.S.
Evergreen InvestmentsInvestment firm focusing on various business opportunities.
Commercial Real EstateOwnership of valuable properties across the U.S.
Energy SectorInvestments in oil, gas, and renewable energy projects.
Technology IndustryEarly involvement in IT consulting and hospital computer systems.

His financial acumen allowed him to make smart decisions that increased his net worth significantly. His investments in commercial real estate and the energy sector were particularly lucrative, generating millions in revenue.

Robert Plaster Net Worth 2025: How Much Was He Worth?

As of 2025, estimates suggest that Robert Plaster’s net worth remains around $1 billion. Though he passed away in 2008, his wealth continues to grow through investment returns, business interests, and the ongoing impact of the Robert W. Plaster Foundation.

YearEstimated Net Worth
1996$500 million
2008$1 billion
2025$1 billion+

While some sources claim his wealth was once as high as $5 billion, most verified reports place it closer to $1 billion. His financial empire remains strong due to smart asset management and long-term investments.

Philanthropy and Lasting Legacy

Robert Plaster believed in giving back, which is why he established the Robert W. Plaster Foundation in 1983. The foundation supports education by funding projects for colleges and universities, ensuring students have access to better opportunities. Some of the institutions benefiting from his philanthropy include Southwest Baptist University, Missouri Southern State University, and College of the Ozarks.

His belief in the free enterprise system motivated him to help young entrepreneurs and students succeed. Many university buildings, business schools, and scholarship programs still bear his name, a testament to his commitment to education.

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Bio Social Media Profiles Table:

PlatformProfile Link
LinkedInRobert W. Plaster Foundation LinkedIn
Twitter@PlasterFoundation Twitter
FacebookRobert Plaster Foundation Facebook
Instagram@RobertPlasterLegacy Instagram

Final Thoughts: Robert Plaster Impact on Business and Society

Robert Plaster’s financial journey from humble beginnings to building a billion-dollar empire is an inspiring story of perseverance, vision, and strategic investments. His net worth in 2025 continues to reflect the lasting impact of his business empire and philanthropy. Though he is no longer here, 

His contributions to education, business, and the energy sector remain influential, shaping future generations of entrepreneurs. His life proves that with determination, a strong work ethic, and smart financial planning, it is possible to turn struggles into success. His legacy will continue to inspire and support countless students and professionals across the United States.

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FAQ’s

How old is plastering?

Plastering has been in use for thousands of years, dating back to ancient civilizations.

How did Robert Plaster make his money?

Robert Plaster made his fortune through Empire Gas, real estate, and diversified investments.

How old was Robert Plaster when he died?

Robert Plaster was 75 years old when he passed away in 2008.

Did Robert Plaster have kids?

Yes, Robert Plaster had children, including his son, John Plaster.

Who is the wife of Robert W. Plaster?

Details about Robert W. Plaster’s wife are not widely available.

Who is the CEO of Plaster Group?

The CEO of Plaster Group is John Plaster.

Conclusion

In conclusion, Robert Plaster’s net worth reflects his immense success as a businessman and philanthropist. From building Empire Gas into a major player in the propane industry to his smart investments in real estate and energy, Plaster’s wealth continues to influence the business world. His dedication to education through the Robert W. Plaster Foundation ensures his legacy will live on. As of 2025, his net worth remains a testament to his vision, perseverance, and commitment to giving back to society.

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