Herb Kohl Net Worth

Meanwhile, he and his brother inherited a family-owned chain that included 50 grocery stores including several department stores, pharmacies, and liquor stores. Kohl was the one who had the main responsibilities in the business. He served as Kohl’s CEO from 1970 until the sale of the corporation in 1979. Concurrently, he became the Chair of the Wisconsin Democratic Party, from 1975 to 1977. Since 1988, he had served in the Senate and again was reelected in 1994 and 2000. Aside from politics, Kohl purchased the Milwaukee Bucks from Jim Fitzgerald in 1985 only to ensure the team remained in Milwaukee. In 2003, he doubted whether to sell the team to former NBA superstar Michael Jordan, but still decided to keep the ownership. In 2007, Herb Kohl was inducted into the Wisconsin Athletic Hall of Fame.