Awards & Recognition
★Forbes '200 Best Small Companies in America' (1989-1992, four consecutive years)
★The Wall Street Transcript recognition as top executive in manufactured housing industry
★Horatio Alger Association of Distinguished Americans inductee (1991)
★Financial World 'fast track' company recognition
Notable Facts
→Founded Clayton Homes in 1956, building it into the largest manufactured housing company in the US
→Company was acquired by Warren Buffett's Berkshire Hathaway for $1.7 billion in 2003
→Started from humble beginnings as a sharecropper's son in Tennessee
→Hosted 16-year weekly musical variety TV show 'Star Time' featuring Dolly Parton and other celebrities
→Listed on Forbes 400 wealthiest Americans list 10 times since 1991
→Has made millions in charitable donations including $3.25 million to Knoxville Museum of Art
→Earned engineering degree from University of Tennessee and law degree while building his business
→Author of autobiography 'First a Dream' which reportedly motivated Warren Buffett to acquire the company