Self Starters: 85% Of America’s Richest Entrepreneurs Start First Business By 40

  • 📰 Forbes
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

This year, Forbes looked into how many of The Forbes400 richest Americans founded a business. Here’s what we found:

with his father as a small shop in North Hollywood in 1977, is now a nationwide chain with over 1,000 locations in 48 states.

The idea for the amusingly named cushions was born out of the exhausting, hours-long critiques, or “crits,” that students at the Rhode Island School of Design had to endure while professors assessed their work. After one particularly draining session in 2000, Gebbia went home and sketched the design for a comfortable and portable seat cushion; in 2005, he won a competition to produce hundreds for his graduating class and then started a company to sell them the day after his college graduation.

For the members of the Forbes 400, the most common age range for starting a new company was not in their 20s, but in their 30s. Carl Icahn, Oprah Winfrey, and WhatsApp founder Jan Koum all got their entrepreneurial start early in their fourth decade of life, striking out on their own after years of work in their respective industries.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yea but you let, Patricia Barnes, author that hack job of an opinion piece on social concept she couldn't begin to wrap her brain around and thus made yourselves look less credible. So, I'll pass.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines