Millionaire success story full#

Chelsea Football Club owner Roman Abramovich The couple’s net worth is estimated by Forbes to be around $5 billion. That one store turned over $700,000 in its first year and the Forever 21 brand has gone on to become a multi-national empire with 480 stores worldwide, generating up to $3 billion in sales each year. They opened their first clothing store, then called Fashion 21, in California in 1984. With little to their name, Do Won worked three low-paid jobs as a janitor, gas station attendant and in a coffee shop to support them. Husband and wife Do Won Chang and Jin Sook moved from Korea to America in 1981. Forever 21 founders Jin Sook & Do Won Chang Once one of the world’s richest men, his value has fallen slightly recently but still stands at an amazing $3.8 billion. He was well known locally for selling his neighbours just about anything he could get his hands on, from matches and pens to Christmas decorations and fish.īefore long he decided to start a mail-order business (using money his father rewarded him with for good grades) which would eventually become IKEA.Įarly on, furniture emerged as one of Kamprad’s best-selling products as a result of him using local manufacturers to keep production costs and customer prices low. While growing up on a farm in rural Sweden, IKEA founder Ingvar Kamprad displayed a knack for business with a wide range of short-lived ventures in his early years. According to Forbes, she is now worth $3 billion. From there, the Oprah name became an empire.

Millionaire success story full#

First by sealing a full college scholarship and then winning a beauty pageant (where she was discovered by a radio station). It was here that Oprah turned her life around. She then returned to live with her mother for a short while before being sent to live with her father. Winfrey then fled an abusive home aged 13, and aged just 14 her new-born child died shortly after birth. Oprah spent much of her childhood living with her grandmother who was so poor she could only afford to clothe her with dresses made out of potato sacks.

Oprah Winfrey is now a highly recognised global entertainment brand, but her beginnings were far from glamorous. On his birthday, February 24, 2009, he incorporated WhatsApp Inc. In January 2009, he is said to have purchased an iPhone and quickly realised the potentially lucrative app industry which it could spawn. In 1997, he got a job as an infrastructure engineer at Yahoo. In his spare time, Koum was researching computers, and by the age of 18 he had become a highly skilled computer hacker. Aged 16, Koum and his mother emigrated to California, where he would support them by sweeping the floors of a grocery store and collect food stamps.

Struggling to make ends meet, their home was apparently often without hot water. Koum was born in a small village on the outskirts of Kiev, Ukraine where his father worked as a labourer and his mother was a housewife. Even more so when the history of the apps founder Jan Koum emerged. Plenty of eyebrows were raised when Facebook purchased the popular mobile messaging app WhatsApp for a staggering $19billion in February 2014. The 5 examples below can act as inspiration to entrepreneurs everywhere, showing that with a lot of hard work and the right idea, there is no reason your company couldn’t graduate to the business big leagues. Our All Inclusive Package - the perfect way to set up a company.Not only do this lot now run their own empires, and command the respect of the business world, but they have successfully overcome some of the most difficult obstacles imaginable to do so. Those success stories provide true testament to the power of the entrepreneurial spirit and the real value that can be derived from undying determination and vision on the part of a committed entrepreneur. However, we should not forget there are plenty of billionaire entrepreneurs who started with nothing yet managed to reach the top. Some people are born into money, but for most of us, the road to riches is a long and seemingly impossible one.