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The Wealthy Man Who Refused to Live Like One

Our American Stories / Lee Habeeb
The Truth Network Radio
March 27, 2026 3:03 am

The Wealthy Man Who Refused to Live Like One

Our American Stories / Lee Habeeb

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March 27, 2026 3:03 am

Hank Brown shares stories about his dear friend Kenny Montfort, a man known for his extraordinary tolerance and humility. Kenny's ability to put others before himself and his commitment to freedom of speech are just a few qualities that made him an extraordinary individual.

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And we tell stories about everything here on this show, including your stories. Send them to ouramericanstories.com. They're some of our favorites. And now a story from Hank Brown, the extraordinary statesman who led three different universities, served as Colorado's senator. and was fortunate to work with beef pioneer.

Kenny Munford. Here's Hank paying tribute. to his friend Kenny. I think the thing that I'll remember most about Kenny His tolerance. Kenny was a liberal Democrat.

He eventually switched to the Republican Party, but He was opposed to the Vietnam War. and yet he still hired me. who'd been there and supported it. At one point, a close friend of his in the community had a shoe store. And hit criticized Kenny publicly in really nasty remarks.

about him in the local newspaper over one of the projects the company was doing. And I think it hurt Kenny's feelings because he was uh thought him of him as a good friend.

Some friends of Kenny immediately organized a boycott at the shoe store. If he would say such horrible things about Kenny, they didn't want to do business with him. When Kenny heard about it, he called everybody involved in the movement and urged them. Two. patronize the store.

and not penalize this fellow who'd been so nasty to him. And Kenny's explanation was That If you can lose your livelihood, by expressing your viewpoint. then your freedom of speech doesn't mean anything. You have to have the kind of society where people don't destroy your livelihood even though they might disagree with you. Because if you do, you destroy the whole concept of freedom of speech.

I know there are a lot of people who give lip service to freedom of speech, but it would come down to somebody who says hateful things about them. That's a different test. For Kenny, he took tolerance of others seriously. To him, it was a part of what America is. I just found him extraordinary individual.

You know, Kenny was, while he was extraordinarily wealthy, and of course he left a huge fortune in the Montfort Foundation, was the most down-to-earth soul you ever saw. He was kind of famous for his dress, his casual way of dressing. For Kenny, Work was what mattered. That was what was real. how he dressed, the car he drove, the house he had, none of that.

Was important to him. What was important to him is what he accomplished with his jobs and his work. And he took enormous pride, I think, in all the good jobs that he provided for people.

So he would come sometime. work with. Not caring about what he wore at all. I mean, he didn't wear red pants and a green shirt, or I mean, it was totally unimportant to him. I remember one of his buddies we'd hired.

A guy named Sonny Mapelli, a wonderful soul. Kenny loved his company and Sonny and Kenny would have lunch often. And at one of the lunches, Sonny turns over to Kenny and he says, Montfort is a total waste. for you to have money. is a crime.

Kenny said What are you talking about? He said, Monfort, it's a crime for you to have any money. You have no idea how to spend it. You never take a vacation. You dress like a bum.

You drive an old car. You don't spend any money on anything on yourself ever. You shouldn't be allowed to have any money. And all the observations were true. Tim was all about what he could accomplish.

went to a a fundraiser. In the hustle of getting down there, he ended up with one black lace shoe and a brown loafer. with manure on it and they were looking pointing at his shoes laughing and Kenny looks down and says, huh. I've got a pair like that just at home. It's a humor and utterly to him how he dressed or the surface things in life weren't important.

I remember when we sold, went public with a stock offering. And a very distinguished guy came in from the brokerage firm that was doing the underwriting. We were going down to Denver to do a due diligence meeting, but it was all the stockbrokers and major investment firms and so on in the Rocky Mountain region that had come to this gathering where they got all of them together to talk about the company and the public offering.

So it was a way of selling the stock. And um Kenny had a nice pair of slacks on that day, which was unusual, but an old rumpled shirt, brown loafers on that had manure on them because he'd been out in the feedlot. We were late leaving the packing plank kit and was working on a couple things on the breakout for the prices so finally we leave late well the This big vice president from New York was getting more nervous all the time because he could see we were going to be late.

Well, Kenny drives quite quickly. down to Denver, fortunately didn't get a ticket. But the closer we got to Denver, You could see this guy thinking, my God, Kenny is going to go into that meeting looking like a bum off the street. And Kenny was a big guy, he was like 6'4.

So, you know, he's a big presence. pull into the parking lot and uh Kenny casually kicks off his loafers with the manure on them and grabs a pair of dress shoes and back. grabs his shirt. that he had in the back of the car and change his shirt while he's driving. puts on a tie and uh gets a coat that he had in the back and gets out of the car looking like a million bucks and the vice president.

from the underwriter goes Ugh. But he had been convinced that Kenny was going to go in the due diligence meeting looking like a bum.

So Kenny could dress up. what he had to. Uh but A couple years later, the stock had dropped from 16 down to 8. in one of Kennedy's Best buddy was a liberal columnist from the Denver Post named Tom Gavin. And he was a close friend.

And so Gavin calls him up and says, Kenny, I noticed your stock came out at 16 and now it's selling for half of that at 8. How do you explain that? Kenny says Tommy You forget. I was a seller, not a buyer. Mm.

He was utterly unpretentious. Yeah. And a special thanks to Hank Brown for sharing stories about his dear friend. Kiss listening, you would have wanted to have known, Kenny. The lack of pretentiousness, the humility, and my goodness, not boycotting that guy when everybody wanted to because he just thought it was just so wrong to put a person out of business because of their speech.

Hank Brown telling the story of his friend Kenny Montfort. Here on our American story. Lee Habib here, and I'm inviting you to help Al American Story celebrate this country's 250th birthday coming soon. If you want to help inspire countless others to love America like we do, please consider making a tax-deductible donation to Our American Stories. Go to ouramericanstories.com and click the donate button.

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