Dennis Washington
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Dennis R. Washington (born 1934) is an American
billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...
industrialist who owns, or co-owns controlling interests in, a large consortium of privately held companies collectively known as the
Washington Companies The Washington Companies is the parent company of several independent entities. The company is privately held, and was founded by Dennis Washington. Current companies owned by The Washington Company include: * Seaspan Corporation (shipping and sh ...
and, in Canada, another collection of companies known as the Seaspan Marine Corporation.


Early life

Born in
Spokane Spokane ( ) is the most populous city in eastern Washington and the county seat of Spokane County, Washington, United States. It lies along the Spokane River, adjacent to the Selkirk Mountains, and west of the Rocky Mountain foothills, south ...
, Dennis Washington grew up in Spokane,
Bremerton, Washington Bremerton is a city in Kitsap County, Washington, Kitsap County, Washington (state), Washington, United States. The population was 43,505 at the 2020 United States census, 2020 census and an estimated 44,122 in 2021, making it the largest city ...
, and
Missoula, Montana Missoula ( ) is a city in and the county seat of Missoula County, Montana, United States. It is located along the Clark Fork River near its confluence with the Bitterroot and Blackfoot rivers in western Montana and at the convergence of five ...
. His parents separated when he was very young, and Washington lived with his mother. He rarely saw his father, who worked in construction overseas. Washington did not grow up in a wealthy family. Additionally, he states his parents' divorce as his motivation to provide his own wife and children with a stable family environment.


Career

Following graduation from high school, Dennis Washington worked in construction in
Alaska Alaska ( ) is a non-contiguous U.S. state on the northwest extremity of North America. Part of the Western United States region, it is one of the two non-contiguous U.S. states, alongside Hawaii. Alaska is also considered to be the north ...
and
Montana Montana ( ) is a landlocked U.S. state, state in the Mountain states, Mountain West subregion of the Western United States. It is bordered by Idaho to the west, North Dakota to the east, South Dakota to the southeast, Wyoming to the south, an ...
. He began his business career at age 30 in 1964, with a $30,000 loan and a single bulldozer . He created Washington Construction, which worked primarily on highway contracts, and by 1969 was the largest contractor in Montana. In the 1970s he moved into mining and dam construction. In 1986 he acquired a
copper Copper is a chemical element; it has symbol Cu (from Latin ) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orang ...
and
molybdenum Molybdenum is a chemical element; it has Symbol (chemistry), symbol Mo (from Neo-Latin ''molybdaenum'') and atomic number 42. The name derived from Ancient Greek ', meaning lead, since its ores were confused with lead ores. Molybdenum minerals hav ...
mine at
Butte, Montana Butte ( ) is a consolidated city-county and the county seat of Silver Bow County, Montana, United States. In 1977, the city and county governments consolidated to form the sole entity of Butte-Silver Bow. The city covers , and, according to the 2 ...
. He reopened the mine and it became a profitable operation. This success helped him diversify into railroads, marine services, coastal shipping, aviation and real estate. In 1996 Washington Construction acquired global construction and engineering company Morrison-Knudsen Corporation of
Boise, Idaho Boise ( ) is the List of capitals in the United States, capital and List of cities in Idaho, most populous city of the U.S. state of Idaho. As of the 2020 United States census, 2020 census, there were 235,685 people residing in the city. Loca ...
, creating Washington Group International.


Washington Companies

The Washington Companies are a group of individual privately held companies headquartered throughout the United States and western Canada and conducting business internationally. Included in the Washington Companies' holdings are: * Seaspan ULC is an association of Canadian companies involved in coastal marine transportation, shipdocking and ship escort, ship repair and shipbuilding services in western North America. * Montana Rail Link is a Class II regional railroad that operates over 900 route miles of track in Montana and Idaho. * Aviation Partners Inc. develops and markets the Blended Winglet Performance Enhancement System for business jet aircraft. . * Envirocon Inc.’s core services include
environmental remediation Environmental remediation is the cleanup of hazardous substances dealing with the removal, treatment and containment of pollution or contaminants from Natural environment, environmental media such as soil, groundwater, sediment. Remediation may be ...
,
ecological restoration Ecological restoration, or ecosystem restoration, is the process of assisting the recovery of an ecosystem that has been degraded, damaged, destroyed or transformed. It is distinct from conservation in that it attempts to retroactively repair ...
, and decommissioning and demolition for government and commercial clients. *
Southern Railway of British Columbia The Southern Railway of British Columbia, branded as SRY Rail Link is a Canadian short line railway operating in southwestern British Columbia. The main facility is the port at Annacis Island with major import of cars, export of forestry produ ...
(SRY) is a major transporter of freight in British Columbia. * Modern Machinery Co. Inc. sells and rents heavy equipment, and supplies parts and service to support the construction, mining, aggregate, and logging industries. * Montana Resources LLP operates an open-pit copper and molybdenum mine in Butte, Montana, near the Continental Divide. * Seaspan Corporation (NYSE:SSW) is one of the world’s leading independent containership owners, owning and managing ships which are chartered long-term.


Political activity

Together with his spouse, Washington contributed $1million to
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
's 2020 presidential campaign.


Personal life

Washington is married to Phyllis and lives in
Missoula, Montana Missoula ( ) is a city in and the county seat of Missoula County, Montana, United States. It is located along the Clark Fork River near its confluence with the Bitterroot and Blackfoot rivers in western Montana and at the convergence of five ...
. His son, Kyle Washington, is co-chairman of Seaspan Marine Corporation. Washington also owns a private estate on Stuart Island, British Columbia, including a fishing lodge and golf course. The
Washington–Grizzly Stadium Washington–Grizzly Stadium is an outdoor college football stadium in the western United States, located on the campus of the University of Montana in Missoula, Montana. Opened in 1986, it is home to the Montana Grizzlies, a member of the Big ...
for
football Football is a family of team sports that involve, to varying degrees, kick (football), kicking a football (ball), ball to score a goal (sports), goal. Unqualified, football (word), the word ''football'' generally means the form of football t ...
at the
University of Montana The University of Montana (UM) is a public research university in Missoula, Montana, United States. UM is a flagship institution of the Montana University System and its second largest campus. Fall 2024 saw total enrollment hit 10,811, marki ...
is named for him. His private yacht Attessa IV has been featured in Forbes magazine. He has a
Boeing Business Jet A Boeing Business Jet (BBJ) is a version of a Boeing Commercial Airplanes, Boeing jet airliner with modifications to serve the private, head of state, and corporate jet market. The first BBJ, based on the 737-700, rolled out on July 26, 1998; a ...
, 737-700 registration N162WC.


Awards and honors


See also

*
List of billionaires ''The World's Billionaires'' is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine ''Forbes''. The list was first published in March 1987. ...


References


External links


WashingtonCompanies.com
– official biography
Dennis and Phyllis Washington Foundation
{{DEFAULTSORT:Washington, Dennis 1934 births Living people American construction businesspeople American billionaires People from Missoula, Montana American mining businesspeople ARCO