A successful serial entrepreneur may realize windfall riches when they sell their firms or continue to earn profits after the business is established. Both of these outcomes are possible for the successful entrepreneur. On the other side, if the company is not successful, all of the years of effort that was put into it will be for nothing. Here, we have compiled a list of some of the most successful repeat business owners.
1. Andreas von Bechtolsheim
Sun Microsystems was started in 1982, and one of its co-founders was essential in the firm's growth to the point where it is now worth over one billion dollars. In 1995, he parted ways with Sun and formed Granite Systems, a company that produced network switches. Within a year, Cisco Systems purchased it for 222 million dollars.
2. Sir Richard Branson
Richard Branson, just 20 years old, launched a mail-order record company in 1970, marking the beginning of the history of the commercial behemoth known today as Virgin Group. The Virgin Group comprises forty separate corporations with over two hundred different subsidiaries. Each of these subsidiaries is owned by a different set of stockholders. His varied portfolio of companies encompasses a wide range of product and service categories.
3. Rod Drury
Drury is a successful entrepreneur headquartered in New Zealand and works in the technology field. In 1995, he formed Glacier Systems, a company that specialized in the creation of software as well as the provision of consulting services.
4. Janus Friis and Niklas Zennstrom
These Scandinavian businesspeople have amassed billions of dollars via various successful projects in the technology sector. The two first gained notoriety for their work on the peer-to-peer file sharing service known as Kazaa. However, Skype, the first notable computer-to-computer audio and video conferencing service, brought them to the forefront of public attention.
5. Elon Musk
Elon Musk, the billionaire CEO of Tesla and, at various points in time, the wealthiest person on the planet, should be on every list of successful serial entrepreneurs (although he sometimes loses this title to Amazon founder Jeff Bezos). Musk's initial attempt at starting his firm was a very obscure company known as Zip2. Zip2 was a searchable business directory that served as an online version of traditional phone books like the Yellow Pages.
6. Wayne Huizenga
This American business mogul has a net worth of $2.8 billion, and he is credited with launching three firms that are each valued at more than a billion dollars and are all included on the Fortune 500 list. which was established in 1996 and evolved into the largest automotive dealer in the United States.
7. Josh Kopelman
While he was a student at Wharton, Kopelman began his career as an entrepreneur. Infonautics Corporation, which he founded in 1992 and took public in 1996 with great success, was named after him. Over the last several years, he established several successful internet companies, such as Half.com, a marketplace for old books and music-related devices, and TurnTide, an anti-spam system. TurnTide was bought by Symantec Corporation less than a year after it was founded, while Half.com was acquired by eBay less than a year after it first went online.
8. Michael Rubin
Michael Rubin is a well-known serial entrepreneur in the fields of both the internet and sports, and it is projected that he will have a net worth of $8 billion in 2022. Rubin had already established a network of five ski stores in his birthplace of Lafayette Hill, Pennsylvania, when he enrolled in college. Later, he went on to establish KPR sports, a firm specializing in sporting goods and had reached a turnover of $50 million by the year 1995. His business, Global Sports, which was subsequently rebranded as GSI Commerce (an e-commerce venture worth a billion dollars), was acquired by eBay for a price of $2.4 billion in 1998.
9 Samwer
Entrepreneurship is not just about coming up with original ideas; it also involves stealing successful business strategies and putting them into action. In the end, eBay purchased it the next year for $50 million.
10. Oprah Winfrey
This well-known American philanthropist, media leader, and businesswoman got her start in the television industry as a news anchor for a small station. She is most known for her talk program, "The Oprah Winfrey Show," which has won several awards. In 1986, she laid the groundwork for her future business endeavors by founding Harpo Productions, Inc., the company that, beginning in 1988, had the rights to air "The Oprah Winfrey Show." This event served as the cornerstone of her other business endeavors. The third lady in the group to own her studio is she.