Here, I would like to share motivating and inspiring stories of 3 self-made billionaires who had nothing when they started, but with their hard work, patience, and faith they were able to stand amongst the billionaires around the world. These rags to riches stories will surely inspire you.
1. Roman Abramovich – Chelsea football club owner, and a multi-billionaire business tycoon, Roman Abramovich, had a tough start in life. He was orphaned at the age of two and was raised by his uncle. He started a small company producing plastic toys while he was a student at Moscow Auto Transport 1987.
It helped him find an oil business, and make a name for himself in the industry. Later, as the sole trader of SIB Net company, he pursued the help of Russian business oligarch Boris Berezovsky and made it the 4th biggest oil company in the world.
In 2005, the company was sold to state-run gas titan Gazprom for $13 billion. Abramovich acquired the Chelsea football club in 2003 and now has a net worth of $8.5 billion.
2. Do Won & Jin Sook Chang – Do Won Chang moved from South Korea to California with his wife Jin Sook Chang in 1981, during a chaotic time in their country. That year, the Martial Law had been lifted and the military dictator Park Chung Hee had been assassinated.
After moving to California, Do Won Chung did three jobs in order to save money. He worked at a gas station, washed dishes at a coffee shop for $3 an hour, and started up a small office cleaning business. Meanwhile, his wife Jin Sook worked as a hairdresser.
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After three years of struggle, the couple managed to save $11,000, and in 1984, they opened a small apparel store called Fashion 21 in Los Angeles. In its first year, Fashion 21 hit $700,000. It became so popular that the couple opened a new store every 6 months, and changed its name to Forever 21. Now, it has an empire of 790 stores internationally, and the combined net worth of the couple is $3 billion.
3.Leonardo Del Vecchio – Del Vecchio was born in 1935 in Milan, Italy, to a very poor family. Five months before his birth his father passed away, and his mother gave him away shortly after childbirth as she was unable to support him financially.
Later, he worked in a factory that made molds of auto parts eyeglass frames, where he lost part of his finger. Still, he remained steadfast.
And at the age of 23, he opened his own molding shop, which later became the largest makers of sunglasses and prescription eyewear, including brands like Ray-Ban and Oakley. He has an estimated net worth of $16.1 billion, and according to Forbes, he is the second richest man in Italy.