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PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. [3] [4] In total, the company has built over 775,000 homes. [1]
In 1950, just after graduating high school, Pulte and 5 friends built a 5-room bungalow near Detroit City Airport, which they sold for US$10,000. [3]In 1956, he founded William J. Pulte Inc. [4] In 1959, he built his first subdivision, Concord Green in Bloomfield Hills. [1]
[1] [2] He is the grandson of housing businessman William J. Pulte, who founded the PulteGroup construction company. [2] Pulte attended Northwestern University, where he majored in broadcast journalism and graduated in 2010. [2] [3] At Northwestern, he was a member of the Pi Kappa Alpha fraternity and served as its president. [2]
The homebuilder reported a backlog of 12,169 homes valued about $7.7 billion, down from last year’s backlog of 18,003 homes with a value of $9.9 billion.
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He then joined PulteGroup, based in Atlanta. After a few years, he was promoted to chief operating officer. In 2003, he became chief executive officer [1] and in 2009, he was named chairman. He retired effective in May 2017. [2]