7 Inspiring Stories Of Entrepreneurs Who Got Rich Later In Life

7 Inspiring Stories Of Entrepreneurs Who Got Rich Later In Life


There are many people who have had success in business at an early age. However, many people think if you are not successful early on then there is no hope. The good news for people older in age is that there are many examples of entrepreneurs who have had success with money and business later on in life. Here are a couple of examples and how we can use this in our own business or personal life.


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Ray Kroc

Ray Kroc bought the right to McDonald’s after he was over the age of 50. Although he originally started as a salesperson, he saw the great potential that these restaurants had. He was already financially successful, but he wanted more out of life. After purchasing the rights to the company, he was able to grow it rapidly over a period of many years into the company it is today.

Colonel Sanders

Colonel Sanders is another great example of having success in the restaurant industry. He was nearly 70 years old when he started frying chicken. There are many people who have had financial success around this age in their life. Kentucky Fried Chicken is now one of the most recognizable food brand names in the world today. Even though he had very little success in his life before this time, Colonel Sanders was able to impact the world through his work.


Reid Hoffman

Reid Hoffman is unique in that he has been involved with several different companies at a high level. He would eventually be one of the founders of LinkedIn, which is one of the largest social networks in the world today. This article is a good overview of having success after 40 like Reid Hoffman.

Jack Weil

Jack Weil was the CEO of a clothing company for many years. He actually worked until he was 107 years old, which makes him one of the oldest people in this list. This is a great example of someone following their passion until the end. His clothing has been featured in several famous movies throughout the years.

Wally Blume

Wally Blume was a successful farmer who decided to start a business at the age of 57. He is now the CEO of one of the most popular premium ice cream makers in the country. Instead of just opting for job security, Blume wanted to change the world through his premium ice cream flavors.

Gary Heavin

Gary Heavin is an example of how persistence pays off over time. There was a period of time when he was being sought after for not making child support payments. He would eventually found the fitness company Curves after the age of 40. This is an inspirational story of a business person who went from going to jail to the top of his industry.

Henry Ford

Perhaps the most influential person on this list, Henry Ford completely changed the world around him with Ford Motor Company. He always kept working until the end, simply because he was so passionate about the products he was bringing to customers.

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