He is heir to a fortune built from the Watts Water Technologies Company. His father was CEO of the company for several decades.
The company is a leading manufacturer of water quality solutions. Water safety, flow control, backflow prevention, drainage.
Watts has a $3B market cap in 2019 and is headquartered in Massachusetts.
Horne lives in Beverly, Ma.
He sold a home nearby in 2012 for $12.5M.
This home was purchased in 2006 for $16.5M and may not belong to Mr Horne any longer.
Frederic B. Horne