BAKKEN OIL BUSINESS JOURNAL

BakkenJournal_Apr-May17

The BAKKEN OIL BUSINESS JOURNAL is a high-gloss, full-color magazine with a targeted distribution that gets our Advertisers in front of the RIGHT EYES in this industry. Direct mailed to Companies in the Bakken with bonus distribution at Energy Shows.

Issue link: http://bakkenjournal.uberflip.com/i/807306

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Read online @ B A K K E N O I L B I Z . C O M / d i g i t a l - j o u r n a l 9 By: CHRIS BISCHOF ON THE SEA, IN THE AIR, AND OVER THE LAND. Pretty much everywhere you look you can find one of the operating divisions of Washington Companies, the organization founded by Dennis Washington of Montana. And yet this sprawling diversified confed- eration of businesses headquartered in Missoula is hardly known to the public. Like Koch Industries and Bechtel, the company is privately owned. No public stock. Who needs or wants stockholders demanding increasing profits every quarter when it's possible to create a thriving business without them? DENNIS WASHINGTON HAS BEEN BUILDING HIS ENTERPRISE FOR OVER HALF A CENTURY. Its suc- cess has made him the wealthiest man in Montana. Forbes estimates his net worth at $6 billion. Wash- ington Companies seems to meld the successes of Koch Industries with some of the breadth of Warren Buffett's Berkshire-Hathaway. After graduating from high school in the early 1950s, the founder began to develop his eye for opportunity. It began when he became a crane op- erator in Alaska. After working in Ketchikan for a few years, he returned to Missoula, Montana, where he'd spent much of his youth. There, he took a job with his uncle's construction company and quickly absorbed the skills needed to become a leader. ➤ continued, pg 10 The wealthiest man in Montana… still working on billion dollar deals at 82. One could deduce that if Dennis was in his 30's he'd be looking at the Bakken. Dennis Washington -- Photo by Justin Voeller, Chicken Coop Photography Washington Companies The Washington Companies website. Montana Rail Link is just one of their multiple companies. washingtoncompanies.com/companies

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