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- Budd’s father, Richard, agreed to take over as chief executive in March 1999 as AgriBioTech struggled.
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Oct 13, 2021 · And so Richard Budd, Ted Budd's father, got a loan for $10 million, loaned it to the company, AgriBio Tech. That loan did not save the company. The company filed for bankruptcy.
- Marshall Terry
Sep 17, 2021 · Budd’s father, Richard, agreed to take over as chief executive in March 1999 as AgriBioTech struggled.
Dec 7, 2020 · Federal Election Commission records show The Budd Group founder Richard P. Budd, Rep. Budd's father, and CEO Joseph Budd, the congressman's brother, have given a combined $14,400 in campaign...
- Nate Morabito
- 3 min
Oct 24, 2022 · As reported by the Washington Post: “Court documents reviewed show that a trustee for farmers and other creditors alleged that his [Ted Budd’s] father, Richard Budd, improperly transferred millions of dollars in assets to his family, including Ted Budd. That occurred before Richard Budd and a family company faced a $15 million judgment in the case.
His father owned a facility-services company. Budd attended Summit School, a private school in Winston-Salem, before attending Davie County High School, graduating in 1990. He then went to Appalachian State University, where received a Bachelor of Science in business administration in 1994.
Oct 12, 2022 · His father owned a faculty-service company. However, the name of his parents is not known. There is not much information about his family. Budd has never mentioned anything about his parents. He has also never said whether he is the only child of his parents or not. Ted Budd owns a gun store in Rural Hall, North California.
Aug 23, 2022 · In 2000, Budd’s father Richard was the chief executive of AgriBioTech, a global agriculture company that was on the verge of bankruptcy. While Ted Budd, 27 and returning home from seminary school, had no role at the company, he was one of 11 people who signed off on a $10 million loan from the Budd family to the company, the Post reported.
