William Krause

From dKosopedia

William Krause is a businessman in Des Moines, Iowa, and a major financial donor to Republican candidates. Although he grew up very poor, he became wealthy, and he is a generous donor to educational causes.

His primary business is the Kum & Go chain of convenience stores, but he also owns Royal Financial, which markets video lottery machines to gas stations and other convenience stores. In Jan. 2006, he publicly withdrew his support from gubernatorial candidate Jim Nussle, becase he called for the state to remove all of its video lottery machines.

In 2005, Krause made the news when alcoholic beverages were discovered in his private skybox at the University of Iowa football stadium. The University President changed the stadium's rules to allow Krause and other wealthy donors to continue drinking in their skyboxes, even though alcohol was not allowed in the stands.

His son, Kyle Krause runs most of his businesses day-to-day.

Affiliated Companies

Mr. Krause or his family are major owners of these companies:

Kum & Go - convenience stores
Royal Financial - video lottery machines
Liberty Bank
Solar Transport - refined fuel transportation
Des Moines Menace - soccer team
Teamwork Acres - commercial farm

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This page was last modified 01:12, 18 April 2006 by dKosopedia user Allamakee Democrat. Based on work by dKosopedia user(s) Corncam. Content is available under the terms of the GNU Free Documentation License.