6 stories of people who became millionaires after 45
01/05/2020
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We round up the people who hit the jackpot late in life. This proves that everybody has a chance. In fact, the average age of business founders hovers around 40. We hope these 6 stories will inspire you.
It doesn't matter how young or old you are. Check out these 6 millionaires who didn't get rich until midlife or beyond.
#1 Harland Sanders, 66
- His company went on to become the world's largest fast-food chicken chain, Kentucky Fried Chicken — KFC
- Beginning at an early age, he held down numerous jobs, including farmer, streetcar conductor, railroad fireman and insurance salesman
- At age 40, Sanders opened a restaurant where his Kentucky fried chickens became so popular
- Sanders devoted himself to franchising his business and traveled across the country, striking deals that paid him a nickel for every chicken the restaurant sold
- KFC was acquired in October 1986 by PepsiCo, Inc., for approximately $840 million
#2 Wally Blume, 57
- In 1995, in his mid-50s, Wally Blume started his own ice cream company, Denali Flavors
- He spent almost 20 years in the dairy business
- Today, the famous Moose Tracks flavor alone brings in $80 million a year alone through licensing agreements
#3 Julia Child, 49
- Julia Child was a popular TV chef and the author of the best-selling cookbook “Mastering the Art of French Cooking”
- Before she became famous, Julia worked as a typist and file clerk
- She moved to Paris because of her husband’s job and attended the world-famous Cordon Bleu cooking school
- In 1993, she was rewarded for her work when she became the first woman inducted into the Culinary Institute Hall of Fame
#4 Ray Kroc, 52
- Ray Kroc expanded McDonald’s from a local chain to the world’s most profitable restaurant franchise operation
- Before that he used to sell paper cups and milkshake machines
- He created a strict guideline and ensured that McDonald’s food would look and taste the same across franchises
- His personal fortune was estimated at $500 million
#5 Henry Ford, 45
- Henry Ford was one of America's foremost industrialists who revolutionized production of the automobile
- At age 13, he was already able to fix pocket watches
- When Ford was 38, he was awarded with his first patent for a carburetor.
- Henry Ford had an estimated net worth of $200 billion
What do you think about these success stories? Share your thoughts in the comments below!
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6 Comments
Denise Bruce
Amazing that 4/5 had something to do with food!
ninakamwene
Inspiring and it reminds us it is never too late to follow your dream. Merci.
James Campbell
Very interesting. I admire all of them because of their vision.
Linda Spreng
Julia Child was an intelligence officer before becoming a chef.
dolphinsacred
I am inspired by other very humble, loving, caring, individuals who make an amazing difference in many people’s lives and care about Earth, Environmental issues, health, wellbeing of people and children... We all have admiration for different fields, don’t we! Some care about health, some don’t. Some care about Earth and environment issues, some don’t. Some care about animal’s rights, some don’t believe animals have rights and the right to live .. and so on ...
Joseph A. Rizzo
carbonicandace, seig hiel. yes neo fascism (trumpism) is the answer.
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