
A $3 drawing prize, an orange Volkswagen Rabbit and a nearly 10-foot easel all belong to the same career. The founder of Provident has spent four decades turning patient land bets into places - and treating every plan like a composition still in progress.
Leon Backes started Provident by buying land nobody wanted from failed savings-and-loans. Thirty-plus years and $7.5 billion later, the same patient-money playbook is building a 5,000-acre town and one of Texas's largest data center campuses.