Part 3/13:

Founded in January 2025 in Amarillo, Texas, Fermy America's inception was a collaborative effort between Rick Perry and Toby Newbower. Perry, a former Texas governor and Trump energy secretary, is well known for his political career and connections. Newbower, an entrepreneur involved in controversial ventures like the short-lived anti-woke bank Glorify, has a history of conservative activism and political donations, including over $100,000 to Perry's campaigns.

Newbower's track record is marked by volatility—his previous company failed within two months, and reports highlighted behavioral issues like volatile temper and excessive drinking. Rick Perry, meanwhile, has no operational role in Fermy beyond being a director, contributing only his celebrity status rather than active management.