Arkansas Business' 25 Wealthiest Arkansans (25th Anniversary)

by Arkansas Business Staff  on Monday, Mar. 23, 2009 12:00 am  

Members of the Walton family.

23. Doyle W. Rogers Sr.
Doyle Rogers, chairman of the Doyle Rogers Co., accumulated his wealth through private real estate development, investments, banking and a brokerage firm.

The Doyle Rogers Co. has developed, invested in and managed retail centers, hotel and resort property, office buildings, downtown redevelopment and ski resort property totaling in the millions of square feet.

In the 1980s, the Batesville resident changed the downtown skyline of Little Rock with the development of the Excelsior Hotel (now The Peabody Little Rock) and the adjoining Statehouse Convention Center. He also built the 25-story Rogers Building, now the Stephens Building.

Rogers Bancshares Inc. is the holding company for Metropolitan National Bank, which he serves as chairman. He's also a stockholder and director of Citizens Bank at Batesville. Both banks are private companies.

He is in the Arkansas Business Hall of Fame.

His son, Doyle W. "Rog" Rogers Jr., is vice chairman of the Doyle Rogers Co. and also serves on the board of Metropolitan National Bank. The Rogerses also have a 235-acre ski resort at Winter Park, Colo.

24. Delbert Allen Family
The Allen family has been in the canning business at Siloam Springs since 1926.

Allen Canning Co, which changed its named to Allen Inc. in 2006 to reflect its growth and the diversification of its product, posted sales of $610 million for its latest fiscal year, ranking it the 13th-largest private company in the state. It is one of the largest private canners of foods in the world, producing a full line of canned and, more recently, frozen vegetables for the retail food and food service industries.

It operates about a dozen plants close to the growing fields in Arkansas, Louisiana, Mississippi, North Carolina and Texas and sells its products under a dozen brand names.

Allen Inc. is now headed by Chairman and President Roderick L. Allen, grandson of the company's founder, Earl, and son of Delbert Allen Sr., who oversaw much of the company's expansion. A fourth generation includes Joshua Allen and Nicolas Allen, both vice presidents and directors.

25. John A. Cooper Family
John A. Cooper Sr. founded Cooper Communities Inc. in 1954. As a founding architect of America's retirement community industry, he changed the character of Arkansas, enticing thousands of residents who had the health, life expectancy and finances to exit the work force and retire.

John A. Cooper III, representing the third generation of the Cooper family, is now president of the company, while John A. Cooper Jr. is chairman. John Sr. died in 1998. In 2004, Cooper was inducted into the Arkansas Business Hall of Fame.

 

 

Please read our comments policy before commenting.