6 stories of people who became millionaires after 45

5/1/2020

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Society Story: 6 stories of people who became millionaires after 45

We round up the people who hit the jackpot late in life. This proves that everybody has a chance. In fact, the average age of business founders hovers around 40. We hope these 6 stories will inspire you.

It doesn't matter how young or old you are. Check out these 6 millionaires who didn't get rich until midlife or beyond.

#1 Harland Sanders, 66

Society Story: Harland Sanders stories of people who became millionaires — shutterstock

His company went on to become the world's largest fast-food chicken chain, Kentucky Fried Chicken — KFC
Beginning at an early age, he held down numerous jobs, including farmer, streetcar conductor, railroad fireman and insurance salesman
At age 40, Sanders opened a restaurant where his Kentucky fried chickens became so popular
Sanders devoted himself to franchising his business and traveled across the country, striking deals that paid him a nickel for every chicken the restaurant sold
KFC was acquired in October 1986 by PepsiCo, Inc., for approximately $840 million

#2 Wally Blume, 57

Society Story: Wally Blume stories of people who became millionaires — shutterstock

In 1995, in his mid-50s, Wally Blume started his own ice cream company, Denali Flavors
He spent almost 20 years in the dairy business
Today, the famous Moose Tracks flavor alone brings in $80 million a year alone through licensing agreements

#3 Julia Child, 49

Society Story: Julia Child stories of people who became millionaires — staticflickr

Julia Child was a popular TV chef and the author of the best-selling cookbook “Mastering the Art of French Cooking”
Before she became famous, Julia worked as a typist and file clerk
She moved to Paris because of her husband’s job and attended the world-famous Cordon Bleu cooking school
In 1993, she was rewarded for her work when she became the first woman inducted into the Culinary Institute Hall of Fame

#4 Ray Kroc, 52

Society Story: Ray Kroc stories of people who became millionaires — shutterstock

Ray Kroc expanded McDonald’s from a local chain to the world’s most profitable restaurant franchise operation
Before that he used to sell paper cups and milkshake machines
He created a strict guideline and ensured that McDonald’s food would look and taste the same across franchises
His personal fortune was estimated at $500 million

#5 Henry Ford, 45

Society Story: Henry Ford stories of people who became millionaires — staticflickr

Henry Ford was one of America's foremost industrialists who revolutionized production of the automobile
At age 13, he was already able to fix pocket watches
When Ford was 38, he was awarded with his first patent for a carburetor.
Henry Ford had an estimated net worth of $200 billion

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6 Comments

Denise Bruce

Amazing that 4/5 had something to do with food!

James Campbell

Very interesting. I admire all of them because of their vision.

Linda Spreng

Julia Child was an intelligence officer before becoming a chef.

ninakamwene

Inspiring and it reminds us it is never too late to follow your dream. Merci.

dolphinsacred

I am inspired by other very humble, loving, caring, individuals who make an amazing difference in many people’s lives and care about Earth, Environmental issues, health, wellbeing of people and children... We all have admiration for different fields, don’t we! Some care about health, some don’t. Some care about Earth and environment issues, some don’t. Some care about animal’s rights, some don’t believe animals have rights and the right to live .. and so on ...