Money makes more money or so they say, but some people have debunked this myth like no other. Having a rich background is not the sure shot way to success. Many of the world’s richest people lived below the poverty line and in this article, we will highlight ten such individuals.
Number Ten: Kenny Troutt
Kenny Troutt was the son of a bartender and he paid for his college by selling life insurance. Most of his money was made through the phone company Excel Communications that he created in 1988 and then took it public in 1996. He merged it two years later with Teleglobe for $3.5 billion.
Number Nine: Howard Schultz of Starbucks
Schultz grew up in a housing complex that was for poor people and he said in an interview that he often aspired to live like the more privileged lot of the society. He ended up getting a football scholarship in University of Northern Michigan and then went on to work for Xerox. He then took over a coffee shop called Starbucks which has only 60 outlets. He grew this network to 16,000 outlets worldwide. …show more content…
He had to work odd jobs to pay for his studies at Bucknell University and his parents had to mortgage their home. In 1981, he worked with Ross Perot to make HP public, and then started Home Depot with Bernard Marcus which went public in 1981.
Number Seven: Oprah Winfrey
Our favorite TV show host Oprah was born in a poor family in Mississippi but she won a scholarship to Tennessee State University and became the first African American TV correspondent at just 19 years of age. She then worked for the Oprah Winfrey Show in 1983.
Number Six: Shahid Khan
Khan came to the US from Pakistan and while attending the University of Illinois, he worked as a dishwasher for $1.20 an hour. He now owns Flex-N-Gate, Premier League soccer club Fulham and the NFL’s Jacksonville Jaguars.
Number Five: Kirk
Number Ten: Kenny Troutt
Kenny Troutt was the son of a bartender and he paid for his college by selling life insurance. Most of his money was made through the phone company Excel Communications that he created in 1988 and then took it public in 1996. He merged it two years later with Teleglobe for $3.5 billion.
Number Nine: Howard Schultz of Starbucks
Schultz grew up in a housing complex that was for poor people and he said in an interview that he often aspired to live like the more privileged lot of the society. He ended up getting a football scholarship in University of Northern Michigan and then went on to work for Xerox. He then took over a coffee shop called Starbucks which has only 60 outlets. He grew this network to 16,000 outlets worldwide. …show more content…
He had to work odd jobs to pay for his studies at Bucknell University and his parents had to mortgage their home. In 1981, he worked with Ross Perot to make HP public, and then started Home Depot with Bernard Marcus which went public in 1981.
Number Seven: Oprah Winfrey
Our favorite TV show host Oprah was born in a poor family in Mississippi but she won a scholarship to Tennessee State University and became the first African American TV correspondent at just 19 years of age. She then worked for the Oprah Winfrey Show in 1983.
Number Six: Shahid Khan
Khan came to the US from Pakistan and while attending the University of Illinois, he worked as a dishwasher for $1.20 an hour. He now owns Flex-N-Gate, Premier League soccer club Fulham and the NFL’s Jacksonville Jaguars.
Number Five: Kirk