Bob Lothenbach Net Worth 2026: Imagine Print Solutions

No reputable outlet has published a net worth figure for Bob Lothenbach, and the $450 million number that circulated on profile sites has no traceable source. What the record does show is large: he built Imagine! Print Solutions from a garage shop in 1988 into the 14th-largest printer in the United States, with $303 million in 2015 revenue according to BloodHorse, sold a majority stake in 2016, and spent heavily on Thoroughbreds and a Lake Minnetonka estate that is now listed at $50 million. He died on November 14, 2023, at 64.

What is Bob Lothenbach's net worth?

There is no published estimate from Forbes, Bloomberg, Celebrity Net Worth or a comparable outlet. Imagine! was a private company, the 2016 sale price was never disclosed, and his estate has not released financial details. For that reason this page no longer states a single figure.

The public markers of his wealth are concrete, though:

• The printing business. Imagine! reached $303 million in annual revenue by 2015 (BloodHorse, citing Printing Impressions) and employed about 1,300 people before he sold a majority stake in 2016, according to Thoroughbred Daily News.
• The racing stable. Lothenbach Stables won 793 races and about $30.3 million in purses from 2000 through November 2023. In 2023 alone he bought 21 yearlings at auction for more than $3.8 million (BloodHorse).
• Real estate. He paid $8.18 million in cash in 2015 for a 6.5-acre Lake Minnetonka property, the top Twin Cities home sale that year per Finance & Commerce. The estate he then built on the lake cost over $90 million, according to Mpls.St.Paul Magazine.

Yearly income and salary

The old version of this page listed a yearly income of $150 million, about $12 million a month. No source supports those numbers, and they have been removed. His compensation as founder and CEO of a private printer was never disclosed. His later income came from whatever he retained after the 2016 majority sale, plus racing purses and bloodstock sales, which are gross figures before training, board and purchase costs.

Early life and education

Robert John "Bob" Lothenbach was born on March 1, 1959, to Lorraine and Frank Lothenbach Sr., and grew up in Bloomington, Minnesota, with two older brothers, Frank and Jack, according to his Star Tribune obituary. His father was a baker and butcher. He graduated from Bloomington Kennedy High School in 1977 and went to work in local print shops rather than college.

He was open about struggling with reading and learning as a boy. Thoroughbred Daily News notes that he later funded literacy work because of it, including the Literacy Matters Foundation.

Building Imagine! Print Solutions

By the time of the Midnight Oil deal, John Hans was CEO and Lothenbach was described as founder. By then the company described its goal as becoming a leading visual communications business, and Midnight Oil added creative agency work for entertainment clients. He was also inducted into a printing industry hall of fame, per his obituary.

Lothenbach Stables and horse racing

His interest in horses started with a Shetland pony his father bought for the boys. After Canterbury Park opened near his home in 1985, he and three friends each put in $1,000 to claim a horse. His first major success came in 1992 with Saint Ballado, a colt he owned 40% of; the partners later sold him as a stallion prospect for $7 million (BloodHorse).

Key results:

• Homebred Mayo On the Side won the Grade 1 Humana Distaff at Churchill Downs in 2004.
• Vacare won the Grade 1 Queen Elizabeth II Challenge Cup at Keeneland; he sold her for $2.8 million at the 2006 Fasig-Tipton November sale.
• Bell's the One, his top earner, finished third in the 2020 Breeders' Cup Filly and Mare Sprint.
• In 2022 the stable won 87 races and over $4.1 million nationally, and set a Canterbury Park owner record of $1,521,176 (Paulick Report).
• He was named Minnesota's outstanding breeder by the Thoroughbred Owners and Breeders Association in 2019 and 2022, and entered the Canterbury Park Hall of Fame in July 2023.

At his death the operation held around 200 horses, including about 40 broodmares.

Homes and assets

The largest known asset outside the business is the Lake Point Estate in Wayzata, built on the Gale Road site he bought in 2015. Mpls.St.Paul Magazine describes an eight-acre property with roughly 650 feet of shoreline, a main house of 28,890 square feet, two guest houses, a pool house and a boathouse, built over seven years for more than $90 million. Lothenbach died before it was finished in 2024.

The estate first went on the market at $68 million. Mansion Global later reported a $55 million asking price, and by mid-2026 it was listed at $50 million with no buyer. A separate home built for him at Bearpath Golf & Country Club in Eden Prairie was listed for $3.2 million in October 2025, according to the Minneapolis/St. Paul Business Journal.

Family and personal life

His obituary describes him as a father; it does not name a spouse, and no reputable source we found confirms the wife's name given on the earlier version of this page, so it has been removed. His height and weight were never published. Through the Lothenbach Family Foundation he gave to literacy causes and, often anonymously, to Canterbury Park's Furlong Learning tutoring program for children of backstretch workers (Thoroughbred Daily News).

Compared with other business profiles

Lothenbach's path, a self-funded company sold to private equity, differs from venture-backed founders such as Artem Petakov or Billie Whitehouse. Another Midwest family business built on heavy equipment is covered in our BJ Bohne profile.

How this page was checked

Every figure above comes from the linked articles: BloodHorse, Thoroughbred Daily News and Paulick Report for racing; the Star Tribune obituary for biography; Finance & Commerce, Mpls.St.Paul Magazine, Mansion Global and the Business Journal for property. Earlier claims about his income, height, spouse and a $450 million fortune could not be traced to any source and were dropped. If a reputable outlet publishes an estate valuation, this page will be updated.