General World News

Donald R. Horton, founder of the largest U.S. homebuilder, dies

Donald R. Horton, founder and chairman of D.R. Horton, the largest homebuilder by volume in the U.S., has died at the age of 74, the company announced on Friday morning. Board members have named David V. Auld as executive chairman, effective immediately.

Horton, who was involved in the real estate and homebuilding industries since 1972, served as chairman of D.R. Horton since its creation in July 1991. He was also its president and CEO from July 1992 until November 1998. He is survived by his wife, two sons and four grandchildren. A cause of death was not details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com