16. Kenny Troutt – Net Worth: 1.41 Billion USD
Known for being a pioneer of long-distance communication, Troutt is the proud owner of the billion dollar Excel Communications. But everything wasn’t butterflies & rainbows for Troutt.
The son of a bartender, he was always financially burdened. He had to sell life insurances and pay for his way through the Southern Illinois University. However, he used his expertise and innovation to form a long-distance company, at a time when there weren’t many competitors. Today he has a billion-dollar empire, sponsors his sons’ basketball teams and owns 300 – 500 houses at any particular time!
17. John Paul DeJoria – Net Worth: 3 Billion USD
This is a billionaire success story bound to motivate you.
John Paul DeJoria was born to an immigrants’ family of mixed race. His parents divorced when he was only two and hardships forced him to start selling Christmas cards at only 9 years of age.
At one time, he was even a member of a street gang, but he left the work for an honest earning. After having served in the Navy for two years he decided to make something of himself and formed John Paul Mitchell Systems, a haircare company.
The venture was a success, and soon Paul had more money than he knew what to do. He was clever and invested in The Patron Spirits Company, buying up 70% of the shares. Today he owns several nightclubs and small businesses, and enjoys all the luxuries of life, he once couldn’t think of.
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