Quick Facts
Biography
Kenny A. Troutt (born 1948) was the founder of Excel Communications, a Texas-based telecommunications company that used multi-level marketing to offer long distance phone service. Troutt became a billionaire in 1998 when Excel was sold to Teleglobe for $3.5 billion. As of 2014, his net worth was approx. US$1.5 billion.
Troutt is a major Republican donor, and has contributed to American Crossroads, Rick Perry, Rick Santorum, and "Kentuckians for Strong Leadership", a super PAC backing Mitch McConnell. Troutt's son, Preston, has also donated to Republican Party candidates.
In 2005 Troutt started the first of three youth basketball teams, known as the Titans, for his sons and the son of a business partner. The teams have an annual budget of $3 million.
Troutt owns WinStar Farm, a thoroughbred horse farm in Versailles, Kentucky.