Name: Jon M. Huntsman
Fortune: Self Made (Chemicals)
Net Worth: 1.6 Billion
Industry: Manufacturing
Billionaire World Rank: #486
Book: Winners Never Cheat - Everyday Values We Learned as Children (But May Have Forgotten)
Amazon.com Rate:
Price: $13.57 - Buy Now At Amazon.com
From Forbes:
"Wharton grad, worked for plastic egg carton maker in 1960s. Left 1970, bought styrene plant. Went on huge acquisition spree using lots of leverage. Turned Huntsman Chemical into nation's largest privately held chemical concern. Rising oil prices put big squeeze on profits; gave up 49% of firm settling debt with creditors. Turned around, took public last year; stake now worth $1.3 billion. Figures to be final year on The Forbes 400; says most of the proceeds will go to his cancer foundation. "I'll keep just enough shares to live on." Will also keep enough to finance real estate project in Driggs, Idaho."
No comments:
Post a Comment