Billionaires
The early years, the bets and the near-misses behind the names on the rich lists.
9 stories in this section
Billionaires: the files
Newest first
- Patagonia's Founder Gave Away a $3 Billion Company$1.50→$3BPer piton → Given away
Yvon Chouinard started out forging climbing pitons and selling them for $1.50 from his car. Sixty-five years later he and his family handed the company they built to a trust and a nonprofit, and paid tax to do it.
- Henry Ford Failed Twice Before Ford Motor Company$28,000→$187.3BCash raised, 1903 → Revenue, 2025
Henry Ford's first car company built 20 vehicles and was dissolved. His second became Cadillac after he walked out. His third was down to $223.65 in the bank when its first customer paid.
- James Dyson's 5,127 Vacuum Prototypes5,127→£12BPrototypes → Fortune, 2026
James Dyson built 5,127 prototypes of a bagless vacuum cleaner and went deep into debt. British manufacturers turned it down. Fifteen years after his first cardboard model, he put his own name on it.
- Steve Jobs Paid $10 Million for Pixar. Disney Paid $7.4 Billion.$10M→$7.4BJobs paid, 1986 → Disney paid, 2006
In 1986 Steve Jobs paid $10 million for a computer graphics group George Lucas wanted to sell. It lost money for nine years. In 2006 Disney bought it for $7.4 billion.
- Facebook Paid $19 Billion for WhatsApp$250K→$19BSeed money → Facebook's price
Two former Yahoo engineers started WhatsApp with $250,000 from old colleagues. Five years later Facebook agreed to pay $19 billion for it.
- Michael Bloomberg Was Fired With $10 Million. Then Came the Terminal.$10M→$22.5BHis payout → Implied value
In 1981 Salomon Brothers was sold and one of its partners was shown the door with $10 million for his stake. The next morning he started a company to sell Wall Street the data it didn't know it needed. Merrill Lynch later paid $4.43 billion just to get out.
- Sara Blakely Started Spanx With $5,000$5,000→$1.2BHer savings → Valuation
Sara Blakely sold fax machines door to door. She put $5,000 of her savings into an idea she had cutting the feet off her pantyhose, kept 100% of the company for 21 years, and sold a majority to Blackstone at a $1.2 billion valuation.
- Amancio Ortega: The Zara Founder Who Avoided the CameraAge 14→€3.2BLeft school at → One-year dividend
Amancio Ortega left school at 14 to deliver shirts in A Coruña. He built Zara into the heart of a €40 billion company, and for decades almost nobody outside Galicia knew his face.
- Tetra Pak: The Paper Pyramid That Built a Fortune100 ml→$7BFirst product → Price for half
In 1952 a dairy in southern Sweden began selling cream in odd little paper pyramids. The carton looked like a novelty. It became one of the largest private fortunes in Europe.