5 billionaires who were born poor but turned around Itineraries.webp

5 billionaires who were born poor but turned around! Itineraries

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When we look at the famous billionaires, we always think that they are people born in a golden cradle. We never thought that such people come from below and manage to conquer their wealth over time and with a lot of effort.

Many successful celebrities and entrepreneurs have started with almost no money and still achieved financial success. This can be a good way to inspire you who think your financial life is a little struggling. Everything has its way and you can learn from them how to grow financially.

Discover below some cases of famous billionaires who were born poor and turned in style.

Meet the billionaires who were born poor

Oprah Winfrey

Oprah is one of the most recognizable personalities around the world and serves as an inspiration not only in finance but in many aspects of life. Today, she has a net worth of $2.5 billion, but she hasn’t always fared so well financially.

She said in an interview that as a child she had no electricity in her house, no running water. Despite this, she devoted herself to her studies and began her media career at a radio station. On television, she began hosting the local Baltimore talk show, and in 1986 she landed on The Oprah Winfrey Show, which established her as a star. “I think the idea of ​​having wealth is that you don’t let wealth use you, you use it,” she said.

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JK Rowling

She has the world’s bestselling book series and a net worth of around $1 billion, but before she could make it big with Harry Potter, she had to work hard to raise her daughter on her own. According to her, she often went without food so her daughter could eat, so this is another case of a billionaire born poor.

With the success of Harry Potter, she managed to amass a very substantial fortune, and now she is happy to donate some of that money to charity. She dropped from billionaire status after donating $160 million to charities in 2012, but now she’s back in that select group.

Larry Ellison

Ellison is Oracle’s President and Chief Technology Officer and today has an estimated net worth of $97.3 billion. But as a child, the entrepreneur grew up in a small, cramped apartment in a lowerclass Chicago neighborhood. Raised by his greataunt and greatuncle, he worked very hard to accumulate his fortune.

Before becoming a giant billionaire, he had managed to thrive in the real estate market, but eventually lost everything due to depression. Today he says you have to believe in the American dream, where anything is possible.

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Ralph Lauren

The fashion brand Ralph Lauren is well known and highly regarded. Today his job has brought him a fortune of $6.9 billion, but there was a time when he couldn’t afford new clothes. It seems like an irony of fate, but as a child, despite being lovingly dressed, he kept receiving parts that had already been used by his brothers. But he says he’s used his desire for new clothes to boost his career and pursue his dreams.

David Murdock

Murdock managed to make his fortune ahead of Dole Food Products and other major companies, and today he has $2.2 billion at his disposal. But as a child he had a very unstable financial life as his father was a traveling salesman. His mother managed to do laundry and cleaning, although life was difficult.

He dropped out of school at 14, worked at a gas station, and kept reading classic works to catch up.

He even went into the army, but was discharged in 1943. That’s when he met a man who worked at a loan company and helped him buy a restaurant. Since then, he has increased his profits and started investing in the construction sector. After financial advancement, he managed to become the largest shareholder of Occidental Petroleum. Today he is 99 years old and has a huge figure.

So do you know any of those billionaires who were born poor? To see more content like this, keep exploring the itineraries.