At the time of his death, Robert Plaster net worth was estimated at $5 billion, showcasing his remarkable success as a businessman and philanthropist.
Robert Plaster was a visionary entrepreneur, best known for co-founding Students in Free Enterprise (SIFE) and building Empire Gas into one of the largest propane distributors in the U.S. He also founded an IT consulting company in the 1970s, which specialized in hospital computer systems, marking him as a pioneer in healthcare technology.
Later, he launched Meditech, acquired by General Electric for $900 million. His enduring legacy reflects his contributions to education, energy, and technology, inspiring countless individuals through his entrepreneurial achievements.
Profile Summary
| Attribute | Details |
| Net Worth (2025) | $5 Billion |
| Real Name | Robert Plaster |
| Date of Birth | 1949 |
| Age (at Death) | 59 years old |
| Birthplace | Uniontown, Pennsylvania |
| Nationality | American |
| Profession | Businessman |
| Wife | Mary Jean Plaster |
| Children/Kids | Four |
| Died | October 11, 2008 |
Who Was Robert Plaster
Robert Plaster was a visionary entrepreneur who believed in hard work and perseverance. He was born in 1949 in Uniontown, Pennsylvania, and became one of the most influential businessmen of his time.
From starting as a young real estate investor to pioneering IT consulting for hospitals and making strides in the natural gas sector, Plaster’s career exemplified innovation and determination. His philanthropic endeavors, including his support for SIFE, further reflected his passion for empowering others.
Despite his professional success, Robert kept his personal life private, leaving behind a legacy admired by many.
Robert Plaster Net Worth: A Legacy of $5 Billion
Robert Plaster net worth is estimated to be $5 billion as of 2025, reflecting his exceptional success in the business world and philanthropy. Known for his entrepreneurial skills, Plaster founded Empire Gas, one of the largest propane distributors in the Midwest.
His financial empire extended beyond business, as he contributed generously to education and community development. Despite fluctuations in his wealth, his net worth at the time of death in 2008 ranged between $50 million and $200 million.
His legacy includes charitable contributions and business ventures that shaped the American Midwest.
Early Business Ventures
Robert Plaster’s journey into entrepreneurship began after graduating from Southwest Baptist University, where he developed a strong business acumen.
His primary source of income came from Empire Gas, which he founded and expanded into a major propane distribution company. In addition to Empire Gas, Plaster chaired Evergreen Investments LLC, a venture capital firm.
His efforts in business and philanthropy left an indelible mark on the southwest Missouri region.
Contributions to Education and Community
Plaster’s generosity extended to numerous educational institutions in Missouri, where he believed education could transform lives. Notable contributions include the Robert W. Plaster Sports Complex, Plaster Student Union, and the Robert Plaster Stadium. His philanthropy aimed to inspire future generations and foster free enterprise. These contributions reflect his commitment to education, community development, and empowering young minds.
Earnings (2004–2008)
Robert Plaster’s estimated earnings highlight his consistent financial growth:
- 2008: $10M–$20M
- 2007: $8M–$18M
- 2006: $6M–$15M
- 2005: $5M–$12M
- 2004: $4M–$10M
His income stemmed from thriving business ventures and real estate holdings.
A Testament to Success
Robert Plaster left behind a wealth of assets, symbolizing his entrepreneurial triumphs. His most notable property, the Evergreen Crystal Palace, spans 28,000 square feet.
Constructed in the 1990s, this mansion is admired for its opulent design and grand dimensions. The Robert Plaster Evergreen Crystal Mansion stands as a testament to his accomplishments and reflects his taste for luxury and innovation.
Source of Income
Plaster’s primary income came from Empire Gas, which grew into one of the Midwest’s largest propane distributors. In addition, his role as chairman of Evergreen Investments LLC added to his fortune. His diverse business ventures established him as a prominent figure in the business community.
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Early Life and Entrepreneurial Beginnings
Robert Plaster entrepreneurial spirit emerged early in life. At 12, he began flipping homes, showcasing his knack for business. Born in 1949, his humble beginnings in Uniontown, Pennsylvania, shaped his drive for success.
After graduating from Rice University, where he excelled academically, Plaster started exploring various industries. His early ventures laid the foundation for his accomplishments in IT, healthcare, and energy.
This formative phase highlights his work ethic and ability to adapt to new challenges, characteristics that defined his future success.
Age, Height, and Personal Life
At the time of his death in 2008, Robert Plaster was 59 years old. Born in 1949, he held American nationality and achieved extraordinary success through his diverse ventures.
Details about his height, weight, or personal relationships remain unknown as he chose to keep his private life out of the media spotlight.
Despite his reserved nature, his professional contributions and philanthropic work spoke volumes about his character and dedication to uplifting others through business and education.
Building Empire Gas into a Market Leader
Robert Plaster founded Empire Gas and turned it into one of the largest propane distributors in the U.S. His business acumen and commitment to operational efficiency drove the company’s success.
By focusing on reliable supply chains and exceptional service, Plaster established Empire Gas as a dominant force in the energy market. Strategic partnerships and acquisitions fueled its expansion, highlighting his innovative approach to business.
Empire Gas’s legacy reflects Plaster’s ability to lead industries, combining vision with execution, and remains a milestone in his entrepreneurial journey.
The Rise of Plaster IT Consulting Company in the 1970s
In the 1970s, Robert Plaster founded an IT consulting company specializing in hospital computer systems.
This venture addressed critical challenges in healthcare, improving efficiency and patient care. The company gained prominence as the first healthcare tech firm listed on Wall Street. Plaster innovative solutions paved the way for advancements in hospital operations, solidifying his position as a trailblazer in IT.
His expertise in blending technology with industry needs allowed him to leave a lasting impact. This milestone demonstrated his ability to succeed in industries beyond energy, showcasing his entrepreneurial versatility.
Meditech: A Milestone in Plaster Career
In the 1990s, Robert Plaster sold his IT company shares and launched Meditech, a healthcare technology firm. Meditech introduced cutting-edge solutions to improve healthcare delivery and became a major player in the industry. Its success attracted General Electric, which acquired it for $900 million.
This venture not only underscored Plaster’s entrepreneurial prowess but also highlighted his ability to recognize and seize opportunities in emerging markets.
Meditech success remains a testament to Plaster’s forward-thinking vision and his contribution to modernizing healthcare technology.
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Plaster’s Contributions to Natural Gas Exploration
Robert Plaster made remarkable contributions to natural gas exploration during his tenure at Gulf Oil Company. He forged partnerships with Middle Eastern companies, gaining access to massive reserves in the 1970s.
His efforts significantly boosted Gulf Oil’s global presence and influence. Despite retiring in 1989, Plaster continued contributing to the energy sector.
His involvement in the Gulf-Chevron merger, creating one of the largest oil companies, further exemplifies his expertise in energy markets. His work shaped the U.S. energy landscape, leaving a lasting legacy in the field of natural gas exploration.
Robert Plaster’s Role at CITGO Petroleum Corporation
After Gulf Oil’s merger with CITGO in 1984, Robert Plaster took on the role of CEO and Chairman of the Board. Under his leadership, CITGO expanded its refining and exploration operations, solidifying its position as a key player in the energy industry.
Plaster’s strategic vision helped the company navigate market challenges and achieve long-term growth. His ability to lead large organizations while adapting to evolving industry demands underscored his expertise.
CITGO’s success during his tenure reflects his deep understanding of business operations and his dedication to achieving excellence in the energy sector.
FAQ’s
Who is Robert Plaster?
He was a Missouri businessman, philanthropist, and champion of free enterprise.
What was Robert Plaster’s net worth when he died?
At the time of death, Robert Plaster Net Worth was around $200 Million.
How old was Robert plaster when he died?
At the age of 78, Robert Plaster died due to natural reasons.
What did Robert Plaster do for a living?
Robert Plaster, a Missouri entrepreneur, founded Empire Gas and became a champion for higher education.
What was Evergreen Crystal Palace used for?
This private residence was built in the 1990s and is currently for sale.
How old is Robert Plaster?
Robert Plaster’s age at the time of death was 59 years old.
How did Robert Plaster die?
Robert Plaster died due to natural causes, which have not been publicly disclosed.
Conclusion
Robert Plaster net worth, estimated at $5 billion in 2025, reflects his entrepreneurial brilliance and enduring legacy. From founding Empire Gas to his impactful philanthropic efforts, Plaster demonstrated the value of hard work and community contributions.
His wealth was not only a measure of financial success but also a testament to his dedication to education, innovation, and charitable giving. His assets, like the iconic Evergreen Crystal Palace, further solidify his influence.
Robert Plaster life continues to inspire future generations of entrepreneurs and philanthropists.
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