Its going to be the way of the future., Not everyone buys what Stine is selling. The 50 Richest Actors in the World (2023) | Wealthy Gorilla Rastetter told POLITICO that he donated to AFF in 2008 to run positive ads in support of then Sen. Its an unusually public gig for a donor: Rastetter will chat with each candidate on-stage for 20 minutes before 1,000 Iowans and dozens of media outlets. In 1989, De Niro co-founded the hugely successful production company TriBeCa Productions, and the actor owns several top restaurants around the world. He said he really wants a serious policy discussion rather than stump speeches, which in past couple of presidential cycles have only really addressed ethanol. And, of ultimate importance, substantially increasing a farmers harvest. [2] Hawkeye Renewables was followed by Hawkeye Gold Ethanol Marketing Group in 2008. 3. American agribusinessman, agricultural entrepreneur, "Bruce Rastetter, the One Iowan Who Got Jeb Bush To Care About Hogs", "Bruce Rastetter: The quiet, fierce man behind ag summit", https://en.wikipedia.org/w/index.php?title=Bruce_Rastetter&oldid=1095489056, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 June 2022, at 17:17. Today 60% of all U.S. soybean acreage is planted using genetics developed by Stines companies, which also have a strong presence in South America and other international markets. Many people ask about the amount of money The Kentucky Headhunters makes from Instagram. JET SKIING ON RIVER, LIFE TAKES TRAGIC TURN. His friend was killed. if(document.getElementsByClassName("reference").length==0) if(document.getElementById('Footnotes')!==null) document.getElementById('Footnotes').parentNode.style.display = 'none'; What's on my ballot? After all, one year he allowed Branstad to take his private jet from a governor's conference in Milwaukee to his summer party, held on his $537,440 country estate near Hubbard. ", Later in life, Rastetter supported Sweeney's run for office in the Iowa Legislature against fellow Republican Pat Grassley, grandson of U.S. Sen. Chuck Grassley, who consistently tops polls as Iowa's most popular politician. This story appears in the April 13, 2014 issue of Forbes. Agriculture and energy reporter Donnelle Eller (@DonnelleE) also will provide coverage. Many people ask about the amount of money Bruce Rastetter makes from Instagram. Bruce Rastetter is not amused by the "kingmaker" label often thrown around by the press. Rastetter also has a connection to Nick Ryans 501(c)(4), American Future Fund, which pulled in more than $13 million from Koch-backed Freedom Partners in 2012. Bruce L Rastetter - Hubbard, IA - Reputation & Contact Details Number one, we contained the manure, and two, we used it as a nutrient (spreading it on fields for fertilizer). Election disclosures show Rastetter gave $25,000 to an AFF-affiliated super PAC in the 2014 cycle, but had not given to the PAC since donating $5,000 in 2009 a drop in the bucket for groups that have spent tens of millions in recent years. [1], Bruce Rastetter began his career in 1990 with Summit Farms, then, four years later, he established Heartland Pork, a pork farm, which, by 2004 was a $1.2 million pig operation. Type your email address below. Bruce Rastetter is the CEO and founder of the Summit Agricultural Group, an agribusiness based in Iowa. Language links are at the top of the page across from the title. The Ryans consulting and lobbying firm Concordia Group is organizing the agriculture summit. "He wants us to do something rather than be something.". In 2011, Rastetter came under scrutiny after Branstad appointed his brother Brent Rastetter whose company Quality Ag builds large scale hog facilities to the Iowa Environmental Protection Commission. He was raised near Alden, Iowa, on a 320-acre farm that grew corn and soy and raised hogs and cattle. If you think Bruce Rastetter's age is not correct, please leave a comment about Bruce Rastetter's real age and Bruce Rastetter's actual birthday below. Bruce Rastetter CEO Ames, Iowa, United States 9K followers 500+ connections Join to view profile Summit Agricultural Group University of Iowa Company Website About Born on farm near Alden, Iowa. But, even more, they see Rastetter as a symbol of the intensive, increasingly consolidated agriculture industry that rules and too often pollutes Iowa an issue thats come to a head recently as Des Moines water utility pledged to sue three ag-heavy counties over allegations farm runoff has overloaded the citys water supply with dangerous nitrates. But the company went through bankruptcy proceedings, and in 2010, the two plants were sold to Flint Hills Resources, owned by Koch Industries. An Iowa Powerbroker Plans to Make a Windfall From Piping Ethanol Stines savvy is homegrown. Stine flipped the conventional wisdom on its head. A prolific political donor, Rastetter has spent millions on federal, state, and local politics over the past two decades. "It was a life-changing event for me," he said. Now people from all walks of life have started evaluating his merits. In Iowa, Bruce Rastetter's Summit Agricultural Group said earlier this year that it was creating Summit Carbon Solutions, which plans to accept carbon emissions from biofuel facilities across. But at the very bottom of it all, he has made a huge difference in the industry and hes done it in his very unique and special way., As we stand high atop his tower, the wind streaking into us, unique and special seems a vast understatement. Aside from whatever financial ties exist, Ryan and Rastetter are close allies. He has faced other questions about the ties between businesses under the Summit Group's umbrella and university research on his farm, and about no-interest loans from ISU's Iowa Energy Center for wind turbines. He is cautious. He floated the concept to Rastetter last fall when the two were at a Hawkeye football game: We were tailgating and talking politics, he recalls, pointing out that Iowa hosts lots of forums for presidential candidates, but theres never been one focused on agriculture despite the sector representing a third of the states economy. Hes been diagnosed with environmentally-induced asthma and since moved to Colorado, he said. Chris Christie as a potential presidential candidate. Bruce Rastetter talks about why he is hosting the Agriculture Summit among presidential hopefuls. Knowledge of those diagnoses was all but nonexistent at the time. Bruce who brought in $3 million and $5 million Networth Bruce collected most of his earnings from his Yeezy sneakers While he had exaggerated over the years about the size of his business, the money he pulled in from his profession real-enough to rank as one of the biggest celebrity cashouts of all time. Meet Trump's Cabinet-in-waiting - POLITICO The cables look awfully frayed. What is this - to train Fabulous Bruce Rastetters corn whiskey lobbyists? By breeding corn seeds genetically predisposed to thrive when planted in high densities, he thinks he can supercharge the engine generating animal feed, biofuels and food for the whole planet. Rastetter counters that students should be happy. The states ethics board later unanimously dismissed the complaint, noting that the position Rastetter held on the commission is one reserved for farmers. After earning a political science degree at the University of Iowa, he quit Drake University Law School and returned home to his love of farming. Rastetter's staff soon called to confirm the appointment with the governor. Also follow photographers Charlie Litchfield (@CharlieLitch), Kelsey Kremer (@Kelsey_Kremer) and Michael Zamora (@mzamoraphoto) to see photos and other updates from the event. In 2014, he joined the board of Cultivation Corridor, an ag-bioscience firm. USING POLITICAL CLOUT TO 'MAKE A DIFFERENCE'. YOU HAVE 10,000 FOLLOWERS: "If people don't try to start new businesses and do new things and there is risk, we are never going to progress as a society and an economic system that is better for everyone. "The market was right, and he took advantage of it," said Walt Wendland, who founded Golden Grain Energy in Mason City. @MarcoBattaglia Everyone needs to start refusing to use ethanol blends. Before the market chilled, Rastetter had worked out a deal with Thomas H. Lee Partners, which bought 80 percent of Hawkeye Holdings, investing $312 million, according to the book "Extreme Money: Masters of the Universe and the Cult of Risk" by Satyajit Das. Hog, ethanol baron Bruce Rastetter now a Republican kingmaker He started by building agribusiness empires in some of Iowas key sectors including pork and ethanol then built close relationships with Iowas political elite, like Gov. Copyright 2023 Surperformance. $35 per post at $7/CPM. "I've never been jealous of other people's success. Its going to make them more substantive in their approach, said Rastetter. 4,000), the dozen or so companies under Stines umbrella form an unlikely titan at the heart of the market, directly or indirectly generating revenues from almost 50 million acres of crops in the U.S. each year. As he faced that loss, Rastetter was often embroiled in local controversy. His rise to the status of one of the worlds wealthiest people is a direct result of this success. "Regent Rastetter is pushing an agenda of treating Iowa's universities as corporations rather than institutions of higher learning," said Evan Burger, of the U.S. Student Association, an organization that advocates for student issues. Bruce Rastetter - Wikipedia Rastetter was born near Iowa Falls, Iowa. It's actually a myth about how to make money on Facebook Bruce L. Rastetter is an American agribusinessman, agricultural entrepreneur, and former president of the Iowa Board of Regents, which governs the state's three public universities. Efficiency. The agribusiness entrepreneur and president of the Iowa Board of Regents, who has given more than $1.1. <br/>Ten items Rastetter doesn't want you to know about his Tanzania Are public universities being used by corporate interests or are they for the benefit of the people?". It takes a minute and a half to learn what there is to learn about plant breeding., At the time public universities dominated breeding, and for good reason: Profits were limited, since intellectual property rights for soybean plants didnt existand wouldnt for another 30 years. But he saw his hard-charging brother, then 39, change after the accident, ease up on the little things. He's somebody whose opinions I value greatly. Chris Christie, Ted Cruz, Rick Santorum, Donald Trump and Mike Huckabee will enter the agriculture policy ring, too. Along with his four children, Stine owns almost 100%. Those qualities he has have enabled him to do in business what he has done. Jon Probst Managing Director. "He is a real entrepreneur and innovator," said David Meisinger, who worked for him then and today is director of sales at Urbandale's Validus, which certifies the practices of food companies and producers. Im a data and information and facts person; Im not a people person. 1 MarketScreener is worth more than 1000 Influencers! Theres always wrinkles in his science and negotiations that catch you off guard, says Monsantos Fraley. "Bill Knapp is a friend of mine," he said of the influential Democratic donor from Des Moines, "but I don't often see him get written about as a mogul or a real estate baron, compared to an ethanol baron. And when we were after change in policy, he was a tiger.". Bruce Rastetter, the "philanthropist", has used money effectively to wield power in politics and the public realm. Ryan said the agriculture summit was his idea. The conventional spacing of corn rows has also largely persisted at 30 inches or more in modern agriculture, with narrower rows in use on less than 5% of corn acres in North America as of 2012, according to rival DuPont Pioneer. The estimated Net Worth of William H Rastetter is at least $6.55 Million dollars as of 1 April 2022. Hes also developed his share of business and political enemies in recent years, ranging from environmentalists who dont like his hog operations to university advocates who dont like the way his money has bought influence at the states public universities, where he leads the board of regents. It has nothing to do with whether he supported me," Branstad said. Whitney and other investors, Heartland Pork Enterprises Inc. became the fastest-growing hog operation in Iowa and the United States and the 12th-largest pork producer. In a gathering of movers and shakers at Rastetter's home, he asked Branstad to run again. The real Iowa kingmaker - POLITICO Nonetheless, we hop into the elevator cab, he flips the switch to get it moving, and up we go as the wind rips into us at 40mph. He is careful," Lang said. Rastetters friends are quick to dismiss his critics, many of whom they argue are simply deeply and irrationally opposed to the kind of large-scale agriculture Iowa has mastered. He has been buying up land in Africa along with the Iowa-based Summit Group and Global Agriculture Fund of the Pharos Financial Group, in partnership with AgriSol Energy LLC and the College of Agriculture and Life Sciences at Iowa State University, and Serengeti Advisers Limited, a Tanzanian investment and consulting firm led by Iddi Simba He both shuns the spotlight and seeks it. Rastetter responds to 'no confidence' votes I thought Bruce was perfectly situated to make it happen., But Ryan also disputes the notion that Rastetter is a kingmaker in the state. Follow live coverage Saturday from the Iowa Ag Summit at DesMoinesRegister.com/AgSummitLive. The personal attacks he faced bothered him, but solidified his views on change. You just have a regular job and don't try to make an improvement on how you leave things," he said. Once home to his fathers hardscrabble cattle-and-crop farm, Stine has, without attracting any widespread notice, developed some of the most valuable agricultural products on Earth here. Counties | Along the way, hes tried his hand at investing, including helping build and sell a craft beer-company. 7. [6] In 2015 Rastetter announced the inaugural Iowa Agriculture Summit to address the political initiatives and interests of farmers and agriculture in the state, such as GMO's, nutrition labeling, food waste, and biotechnology. If it works out, it wont be the first time this farm kid, unknown outside his industry, has changed the world. As of April 2023, Robert De Niro's net worth is estimated to be $500 Million, making him one of the richest actors of all time. Much like he is in business, when he puts his mind to something hes very focused and works very hard and more often than not is successful.. He stated, "Mergers like this have the potential to put into motion irreversible damage to agriculture."[9][10]. Its hard to imagine anyone more Iowa than Rastetter. Brent Van Rastetter, 56 - Ames, IA - Has Court or Arrest Records I think I try to make a difference with what I do and what candidates I support, but I would consider myself more [an influencer] than a kingmaker, Rastetter said. Please only use it for a guidance and Bruce Rastetter's actual income may vary a lot from the dollar amount shown above. Long before that, Rastetter had already had a very good day. The Register political team includes Kathie Obradovich (@KObradovich), Jennifer Jacobs (@JenniferJJacobs), Jason Noble (@JasonNobleDMR), William Petroski (@WilliamPetroski), Brianne Pfannenstiel (@BrianneDMR), Josh Hafner (@JoshHafner), Annah Backstrom (@AnnahBackstrom) and Carol Hunter (@CarolHunter). And you sit next to me. On this weeks episode of Idea Generation, Paul Rodriguez Jr. describes his early days as a young skateboarder in California, how he became the face of Nike Skate and eventually launched his own brand, Primitive Skateboarding. Based in Adel, Iowa (pop. [8], In January 2017, shortly before the White House transition, Rastetter voiced his opposition to pending mega-mergers in the agriculture industry, such as those concerning Bayer, Monsanto, Dow Chemical, ChemChina, and Syngenta. 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