Billionaire fuels revival in weary Wisconsin town
Diane Hendricks got her start fixing up houses, now she is fixing up Beloit
Beloit, Wisconsin
WHEN Diane Hendricks sees something she doesn't like here, she buys it. A bankrupt country club. A half-empty mall. Abandoned buildings. The rusting foundry down by the river.
Beloit used to be a town that made papermaking machines and diesel engines. Ms Hendricks thinks it can be a place where startups create the next billion-dollar idea, and she is remaking the town to fit her vision. She can do so because she is the second-richest woman in the US, behind only Marian Ilitch of Little Caesars Pizza.
