As of May 2020, It is estimated that he has a net worth of $2.5 billion. timeout Kevin Plank With Michael Phelps. Kevin A Plank is Chairman/Chief Brand Ofcr/Founder at Under Armour Inc. See Kevin A Plank's compensation, career history, education, & memberships. Kevin A. Plank was … .hide-if-no-js { Kevin Plank, Under Armour’s charismatic founder and recently departed CEO, and his wife Desiree (née Guerzon) have finally unloaded their sophisticated Washington, D.C. home — albeit with a steep price concession. Kevin Plank’s Georgetown mansion sells for $17.25 million August 27, 2020 0 By Stephen Callahan Kevin A. Plank is founder and former CEO of Under Armour, Inc., a company based in Maryland, USA, that specializes in manufacturing footwear and sportswear. Rankin also represented the buyer, identified by the Washington Business Journal as Priory Holdings Trust. Plank accepted an offer of $17.25 million for the Federal-style home, which was constructed during the first term of President Madison, and features eight bedrooms and eight baths in its roughly 10,000 square feet. An 1898 mansion on the property, last occupied by the Bunting family, descendants of the founder of Noxzema Chemical Corp., had been razed to clear the way for construction. By Sam Dangremond Because construction is on hold, workers have refilled and covered land that was excavated for the project several years ago, a practice required under the county’s building code, a county official said.  ×  Mansion Home Under Armour founder Kevin Plank and his wife recently unloaded their historic Washington D.C. mansion for a reported $17.5 million, a price said to be far less than the property’s value of an estimated $29 million. Geddes had told the Sun the Planks planned to place an easement on the land to maintain open space and that the house would occupy only a small part of the property. His renovations in 2015 — by Baltimore-based designer Patrick Sutton and Annapolis-based Pyramid Builders — included the addition of a $1-million marble staircase and a cellar room for drinking whiskey and smoking cigars, along with a heated pool and a separate gym. Hogan holds news conference to discuss budget proposal, Trump expected to issue flurry of pardons today, his last full day as president, A county-by-county look at how to make a coronavirus vaccine appointment in Maryland, Dante Barksdale, ‘heart and soul’ of Safe Streets, is shot to death Sunday in Baltimore, officials say, Former Baltimore Mayor Catherine Pugh among those seeking clemency from President Trump, Baltimore County to start vaccinating those over 75, teachers, Please ignore Trump’s extravagant military sendoff | READER COMMENTARY, Sen. Mitch McConnell blames Trump, others in power for provoking Capitol riot: ‘The mob was fed lies’, Calvert School preschool, Baltimore School of Music among tenants coming to Village of Cross Keys under new ownership, Mike Preston: Here’s how the Ravens can improve this offseason | COMMENTARY, Maryland expands vaccine rollout, with people 75 and older, teachers eligible next week, Eastern Shore superintendent files racial discrimination complaint against school board, escalating longstanding tensions, Hundreds mourn Safe Streets leader as Baltimore lights up City Hall Dome to honor Dante Barksdale, Maryland man arrested in U.S. Capitol riots, was placed at scene by GPS monitor required by his probation, FBI says. Listed for $29.5 million in February of 2018 — then the highest price tag in the metropolitan area — it was relisted for $24.5 million last October with TTR Sotheby’s International Realty’s Michael Rankin and Monument Sotheby’s International Realty’s Lydia Travelstead. County building officials said Wednesday they expect to issue a partial occupancy permit in the near future for a portion of the Brooklandville estate that has been built so far, a guest house and gym. Under Armour founder and CEO Kevin Plank has stopped work on the nearly 35,000-square-foot, eight-bedroom mansion he was building on the ridge of a historic estate in a rural part of Baltimore County. The Baltimore Business Journal first reported Tuesday that Plank had halted construction. Under Armour CEO Kevin Plank is building what may be the biggest house in Maryland on the crest of an historic estate in a bucolic part of Baltimore County that conservationists and wealthy residents have fought to preserve from development for more than 50 years. BarnesVanze Architects were also an integral part of the team that executed the renovation for the house. Kevin A. Plank (born August 13, 1972) is an American billionaire businessman and philanthropist. Tech Tip: Start With a Fresh Session or Browser Window. https://georgetowner.com/.../06/22/sold-kevin-planks-georgetown-mansion He is the owner of the Georgetown Mansion in Washington, DC, the USA worth $7.8 Million. Under Armour chief executive Kevin Plank — who got rocked last year by reports that he had presided over a frat-house culture at the athletic wear giant — will step down from the role next year. Your email address will not be published. Baltimore Business Journal reports that the Washingtonian, citing a “well-connected source,” has named Under Armour founder and CEO Kevin Plank as the buyer of 1405 34 th Street NW — “one of the most important houses in Georgetown,” according to Washington Fine Properties, who brokered the sale.. He owns a nearly 16% stake of Under Armour. Kevin Plank, founder of Under Armour Sold in Georgetown for $17,000,000. Watch live: Maryland Gov. The … Kevin Plank's House (Google Maps). nine The Most Expensive House in Washington D.C. is Under Armour CEO Kevin Plank's Georgetown Mansion The $29.5 million listing was the site of legendary political parties over the years. Plank's new residence was designed with eight bedrooms, 12 bathrooms, four powder rooms, an indoor pool, an elevator and a four-car garage, according to a permit application filed with the county in November 2015. Kevin Plank and his wife bought the 65-acre Greenspring Valley Road property for $2.8 million using limited liability company Three Diamond Land in 2011. Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. The athletic apparel maker has been working for the two years to reverse losses, stagnant sales and a steep slide in its stock price sparked by intense competition, closures of key retailers and changing consumer tastes. 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