Dennis Washington: Digging In, Cashing Out


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Feb 22 2024 40 mins   15 1 0

Welcome to the Rainmakers podcast! This show is going to be an exploration on the world’s best investors from past and present to see how exactly they made their returns. In this episode we will be talking about Dennis Washington. Washington is a self made billionaire who got his start through working in construction and then leveraging his skills to starting his own company and then building an empire in construction, mining, rail roads, and even fixing up yachts. In today’s episode we will be going over his journey in becoming a self made billionaire and some lessons from some of the deals he made.


I also want to give a special shoutout to Pythia Capital on twitter for helping me research for this weeks episode.


Be sure to follow here: https://twitter.com/PythiaR


Links and Sources:


The Rich History of the Anaconda Copper Mine: https://www.intermountainhistories.org/items/show/278


Anaconda, Montana: https://westernmininghistory.com/towns/montana/anaconda/


Frank Gardner Oral History: https://www.verdigrisproject.org/oral-histories/frank-gardner-mining-executive


Fabled construction company rises again: https://www.goupstate.com/story/news/2004/08/01/fabled-construction-company-rises-again/29731744007/


The Wreck of Morrison Knudsen: https://content.time.com/time/magazine/article/0,9171,133973,00.html


David Tepper $20 Story: https://nymag.com/intelligencer/2010/01/david_tepper_is_so_rich_he_jus.html


Djokovic on Playing Tennis: https://www.ft.com/content/efaeed40-725c-11e5-bdb1-e6e4767162cc


Sources:


- *Anaconda : labor, community, and culture in Montana's smelter city* ****by Laurie Mercier

- *Opportunity, Montana : big copper, bad water, and the burial of an American landscape* ****by Brad Tyer

- "Denny’s always the low-cost producer" by Richard L. Stern

- "New hope for the dead" by James Cook

- "The king is dead, long live the king!" by Seth Lubove

- "Billionaire Highway Man: Life Lessons Dennis Washington Learned When He Was 25" by Luisa Kroll

- "Quicksand" by Victoria Murphy

- "A tycoon in the old mold" by Stephen S. Johnson

- "Man With Toys" by David Armstrong

- "A Shoe Shiner Turned Construction Billionaire, Dennis Washington Now Seeks to Polish His Legacy" by David Benoit

- "Troubled Washington Group Files for Chapter 11 Bankruptcy" by Michael Brick

- "Marine Towing Operations in Canada" by Joseph Monteiro

- "Kyle Washington: The Prince of Tides" by Alison Bate

- "Dedicated to Development" by Jessica Marquez


Have any feedback?

DM me @rainmakerspod on Twitter!