Thursday, December 19, 2024
Advertisement
  1. You Are At:
  2. News
  3. Business
  4. 11 billionaires who were once very poor

11 billionaires who were once very poor

New Delhi:  It is not a surprising fact that most billionaires were not born billionaires. They started from scratch; dreamed big and pursued that dream relentlessly to achieve it.According to data based on data from

India TV News Desk Published : Jan 03, 2014 6:27 IST, Updated : Aug 25, 2015 2:06 IST


Pic

John Paul DeJoria, the man behind a hair-care empire and Patron Tequila, once lived in a foster home and his car

Net worth: $4 billion (as of Sept. 2013)

American billionaire John Paul Jones DeJoria was born the second son of an Italian immigrant father and a Greek immigrant mother. To support his family, he sold Christmas cards and newspapers to help support his family. He was eventually sent to live in a foster home and even spent some time in a gang before joining the military. In 1980, he formed John Paul Mitchell Systems with hairdresser Paul Mitchell with a $700 loan and sold the shampoo door-to-door while living in his car. DeJoria also owns 70 per cent of The Patron Spirits Company. The company is an ultra-premium tequila brand, and in 2011 they sold approximately 2,450,000 cases.

 

 

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business

Advertisement
Advertisement
Advertisement
Advertisement