Net worth Michael H. Paquette March 14, 2025 0 Comments

Woody Folsom Net Worth: A Deep Dive into His Wealth, Business Ventures, and Success

Woody Folsom is a prominent American entrepreneur renowned for his significant contributions to both the automotive and agricultural sectors. Through his dedication and strategic vision, he has amassed an estimated net worth of approximately $80 million. This article delves into Folsom’s journey, exploring his early life, educational background, personal endeavors, and the ventures that have solidified his financial standing.

Early Life and Agricultural Roots

Born on December 14, 1964, in Georgia, Woody Folsom was immersed in agricultural life from a young age. His parents, James and Rilene Folsom, operated a beef cattle farm in Appling County, where Woody actively participated in daily farming activities. These formative experiences instilled in him a robust work ethic and a profound appreciation for agriculture.

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Educational Background

Folsom’s upbringing on the farm provided him with practical knowledge of agriculture. He complemented this hands-on experience with formal education, attending local institutions to build a foundational understanding of business and management. His involvement in organizations like 4-H and Future Farmers of America (FFA) further honed his leadership skills and deepened his commitment to community and agricultural development.

Personal Life and Family Involvement

Woody Folsom’s personal life is deeply intertwined with his professional ventures. He is married to Tamela Folsom, a school counselor who actively supports both the family’s farming and automotive businesses. Their children, Tanner and Anna Kate, have also been integral to the family enterprises, contributing to various operations within the dealerships and the farm.

Establishment of Circle F Farms

In 2001, Woody and Tamela Folsom established Circle F Farms, expanding upon the family’s agricultural legacy. The farm, encompassing approximately 2,700 acres, specializes in registered Brahman cattle and F-1 commercial cattle. Under Woody’s leadership, Circle F Farms has gained recognition for producing high-quality livestock, reflecting his commitment to excellence in agriculture.

Expansion into the Automotive Industry

Folsom’s entrepreneurial spirit led him to diversify into the automotive industry. In 1996, he founded the Woody Folsom Auto Group, which has grown to include multiple dealerships across Georgia. The group offers a wide range of vehicles, including brands like Chevrolet, Ford, GMC, Chrysler, Dodge, Jeep, and Nissan. Folsom’s emphasis on customer service and community engagement has been pivotal in the group’s success.

Woody Folsom Net Worth

Woody Folsom’s diversified ventures have significantly contributed to his estimated net worth of $80 million. His automotive dealerships generate substantial revenue, with Woody Folsom Automotive’s annual revenue estimated at approximately $29.7 million. Additionally, his agricultural endeavors, particularly Circle F Farms, have been profitable, further bolstering his financial standing.

Community Engagement and Philanthropy

Beyond his business ventures, Folsom is deeply committed to supporting youth agricultural programs. He has been a long-time supporter of local FFA and 4-H programs, recognizing the positive influence these organizations have on young individuals. His contributions include purchasing livestock projects from local FFA members and 4-H participants, as well as donating resources to educational initiatives like the Georgia Ag Experience mobile classroom.

Conclusion

Woody Folsom’s journey from his agricultural roots to becoming a successful entrepreneur in both farming and the automotive industry is a testament to his dedication, strategic vision, and commitment to community development. His estimated net worth of $80 million reflects the success of his diversified ventures and his ability to adapt and thrive in multiple industries. Folsom’s story serves as an inspiring example of how passion, hard work, and community engagement can lead to substantial personal and professional achievements.