Remembering Robert Earl Holding, Billionaire Owner of Sun Valley Ski Resort

Posted By: The Ski Channel on April 22, 2013 2:24 pm

One of America’s most successful entrepreneurs, Utah native and Wyoming billionaire Robert Earl Holding passed away on April 19 at 86 years old, due to complications stemming from a stroke he suffered back in 2002.

Ranked on the Forbes 400 List as the 155th-richest man in America worth an estimated $2.6 billion, Holding became one of the largest landowners in the Western United States. In addition to owning Sun Valley Ski Resort, he also owned Snowbasin Ski Resort and numerous hotels and oil companies, Sinclair Oil being his biggest success.

After the Crash of 1929, he and his family lost everything, resulting in Holding growing up poor. This caused him to have a different outlook on life as he grew older. Throughout the businesses that he bought, he would always perform his own labor work, including his own wife and children as fellow employees of his companies in order to assure himself that his businesses were running smoothly in their early stages.  Robert Earl Holding is a prime example of a true success story and shows that even if you endure a tragedy such as the 1929 Crash, you can achieve anything!  Holding will be well missed in the ski industry as well as by friends and family.