Famous Rags To Riches Stories!

13 replies
Since You Guys seem to really enjoy the success stories over here, I saw this on yahoo, and figured I should share it with you:

From Poverty To Power: Celebrities Who Started With Nothing

by Michael Deane, Investopedia.com

When thinking of the "new breed" of celebrity - from the Kardashians to Paris Hilton to the stars of "The Hills" - fame seems to depend on the fact that they're already fabulously wealthy. Well, despite these new trends, some of the most famous and wealthy people did not come from rich families - many of them were born into poverty. Read on to learn some of their stories and what it took from having nothing to multi-million-dollar empires.

The Phenomenon - Oprah Winfrey
Surely the most well-known rags-to-riches story of our era is the story of Oprah Winfrey. Having been born into abject poverty in rural Mississippi, Winfrey went from being a young girl clothed in potato sacks (literally) to the richest and most powerful female media mogul in the world. Winfrey was able to accomplish this by moving from a disruptive and abusive household in with her stricter father.

Once Winfrey was subject to discipline and was supported at school, she became an honors student and got her big break when she became a newscaster in Nashville after finishing college. Winfrey has come a long way from her poor upbringings, and is worth US$2.9 billion as of 2009, according to Forbes.

A Magical Story - J.K. Rowling
Similar to Winfrey's story, J.K. Rowling went from being on the dole to starting a US$15 billion industry. Rowling, the author of the Harry Potter books series, was estimated to be worth $843.92 million U.S. dollars as of 2008. She began writing the series while she was on welfare and by incorporating some of the darker elements of her own life - the loss of her mother and battle with depression - into the novels, Rowling's books became a success after an initial press of 1,000 sold out, giving way to Potter mania.

Signing The Stars - David Geffen
David Geffen is a name that many of you will have heard, but few will understand the significance. Geffen is responsible for signing Crosby, Stills and Nash, Bob Dylan and Nirvana, starting Geffen Records and was a founding member of Dreamworks studio.

Geffen grew up poor in Brooklyn, living in a one-bedroom apartment with his family and sleeping on the couch. Geffen did poorly in high school and flunked out of college, but his natural gift in spotting and developing musical talent - along with business sense that he learned from his mother - made him a millionaire by the time he was 26.

At 67, renowned art collector and philanthropist Geffen is worth an estimated US$4.6 billion - making him one of the richest behind-the-scenes players in showbiz.

Making it with Music - Jay-Z
Another music mogul that made his way from the bottom to the top is Shawn "Jay-Z" Carter. Carter is as much a businessman as he is a performer, but began his life in the Brooklyn's Marcy Housing Projects. Carter was raised by his mother, and was involved in crime when growing up - at 12 he shot his brother in the arm for stealing his jewelry.

Carter began as a rapper and went on to become involved in everything from nightclubs and clothing to being a part owner of the New Jersey Nets. As of 2009, Carter was worth over $150 million according to Forbes, and seems to be broadening his reach in the business world.

Her Cash Will Go On - Celine Dion
Though she's kind of faded from the spotlight since her late '90s ubiquity - Celine Dion is still ranked as one of the highest-grossing female entertainers and in 2007 was listed by Forbes as the fifth richest female entertainer, coming in at US$250 million. She also was ranked as the top-earning singer of the decade by U.K.'s The Sun. Not bad for the 14th (!) of 14 children growing up in a poor household in rural Quebec, where her father made $160 per week to support the family of 16.

Like many of these rag-to-riches stories, it seems Celine's success owed as much to luck as talent - she was discovered singing when she was 12 and continued to create more songs and make more money.

Canadian Songstress - Shania Twain
Another Canadian songstress that grew up with nothing in the rugged wilderness was Shania Twain (born Eileen Regina Edwards). The recently separated Twain grew up in Timmins, Ontario in a household that was too poor to pay for heat, and at times couldn't afford to buy food. By the age of eight, Twain was honing her craft in bars in order to provide an extra $20 for her family.

Twain continued her singing career into high school and was soon on her way to becoming the highest-selling female musician of all time. Her net worth is estimated at around $450 million.

The Bottom Line
From inner-city housing projects to rural homesteads without heat, many of the most famous and wealthy celebrities had very humble beginnings. What brought all of these stars from rags to riches was focusing in on their natural talents, dedicating themselves to its development and not stopping until they had a hefty bank account. It just goes to show that you don't have to be born rich to become rich.
#famous #rags #riches #stories
  • Profile picture of the author Sue McDonald
    This is just a few and we probably know some now that have made it or will make it in the future. It is all about what you believe and how badly you want it. I remember listening to Oprah About how she got the role in "Color Purple"... That was her believing that she could get it. Now look at her now.

    You must have the dream but be determined to work for it. All of these people practiced and honed their skills.

    There is no such thing as an "overnight success."
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  • Profile picture of the author acrasial
    Originally Posted by Hulbert Lee View Post

    Hey thanks for sharing this. Here are a couple more rags-to-riches people to add onto the list: Sylvester Stallone, Jim Carrey, and Chris Gardner.

    Post the stories if you have them please , always a nice read!
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  • Profile picture of the author FloridaRay
    Wow wow wow! I never knew exactly how Oprah got famous. Thanks!
    From whatever walk of expertise you come from, you will benefit from this outstanding virtual book. Making money never got simpler.
    [Click here for WSO]
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  • Profile picture of the author ShaunJohnson
    $2.9billion....... dam shes rich lol

    I see Pride. I see Power. I see a Bad ass mudda who wont take no crap off of nobody!

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  • Profile picture of the author Kenster
    Originally Posted by honestbizpro View Post

    I was reading the Forbes Top 400 Millionaires a few years ago....this woman was left a fortune from the estate owner upon death...she was the former maid....oh well.

    Hey was this Doris Duke? She was the richest woman in the world and her estate is here in central NJ. Left all her money to her butler.

    There is a actually an HBO movie made about her played by Susan Serandon (sp?)
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  • Profile picture of the author Kenster
    Its quite amazing how when people are cornered or come from backgrounds where its so very easy to make an excuse why they can't make it in the world, this ends up giving people the drive and motivation to make huge things happen!
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    • Profile picture of the author myrtleian
      I think like we all do here that rags to riches are wonderfully reading. What makes them so amazing is that we all say wow look at them. So we should, but I also say how can I do it.

      I then make it my mission to do that and I copy them. It they followed their talent I follow mine.

      Personally I like to help people overcome difficulty and adversity. That is why I shall be hanging out in this section of the forum a lot.

      I know that anyone one in this forum can do what these guys have done. Sure we may never get to the heights of Oprah but we can reach our own heights. We can improve our lives and our families lives.

      We can earn more money, make them smile more, have more time with them, we can make our own rags to riches story.

      Lets have some of those on this forum if not this thread. Surely one of us must have one?

      Mine in brief is that I was a drunk and then a broke drunk that suffered depression. I got professional help (on the National Health Service) that now I am running my own fledgling business, I am getting married, and I have a happier outlook on life, my family and friends.

      As I grow I shall share it with you all. I hope it helps even just one person.

      See where my copywriting info hangs out on FB

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  • Profile picture of the author HugoG
    This are just the stories that make my day... You can actually build everything from scratch.

    The one I love the most is this one. Cause it breaks every possible excuse you could have around money. Enjoy

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  • Profile picture of the author derrickschwan
    Awesome read. Very inspiring, thank you!
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  • Profile picture of the author Promet Analyst
    At age fourteen!! Amazing! I hope a lot of kids get to see this and be inspired as well!
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