Rags to Riches Stories

What is the story behind Rags to Rich?

A person in any situation rising from poverty to wealth refers to a Rags-to-riches story, and fortune and celebrity, from unimportance to heights of fame are what rags to riches story.

Rags-to-riches from where did they come?

Nobody has any idea where the term “from rags” to riches was raised, but throughout history, the concept has been repeated, famous figures such as the Roman Emperor Diocletian and Genghis Khan were born in poverty, and they elevated suddenly themselves to positions of wealth.

Source: https://unsplash.com/photos/VwsuhJ9uee4

Who aspires to a better life anyone can go from rags to riches it is possible, and you can follow the steps:

  1. Step #1: on yourself work hard
  2. Step # 2: enhance more worthy, you will be able to make more money
  3. Step # 3: stop protesting and criticizing around

Rajesh Dembla’s incredible story from Rags to Riches

To become a successful entrepreneur, Rajesh Dembla slept hungry on railway platforms. He is a true entrepreneurial spirit. He is a sequential entrepreneur, and he has made a huge success of Justdial. In more than 40 companies Rajesh Dembla has invested across India, the UK, Singapore, and the United States, and he is an active investor who has supported other entrepreneurs with his investments including Wholesalebox, Dunzo, Rapidor, and Pacific Gaming.

Source: Youtube

People who started dirt poor are now some of the world’s wealthiest people. The stories of these 5 rags-to-riches remind us through grit, determination, and a bit of luck, anybody can achieve extraordinary success and can overcome their circumstances.

  1. Chelsea Football Club owner and Russian business tycoon Roman Abramovich was orphaned at age 2 and was born into poverty.

Net worth: $8.2 billion

In Southern Russia Abramovich was born into poverty. At the age of 2, he was being orphaned, and he and his family were raised by his uncle in northern Russia in a subarctic region. In 1987 at the Moscow Auto Transport Institute he joined as a student, in a producing plastic toys small company he started there, and from there he found an oil business and made a name within the oil industry for himself. He was the sole leader and he merged the Sibneft Company and in the world, it made its place in the fourth position as the biggest oil company. For $13 billion in 2005 to state-run gas titan Gazprom, the company was sold.

In 2003 he acquired the Chelsea Football Club and in 2010 for almost $400 million he owned the world’s largest yacht.

Source: https://unsplash.com/photos/0R-rPOSUyxw

2. Kenny Troutt, by selling life insurance paid his college fees, and now he is the founder of Excel Communications.

Net worth: $1.5 billion 

By selling life insurance he paid for his college at Southern Illinois University and Troutt grew up with his bartender dad. From his phone company Excel Communications which was founded in the year 1988, he made most of his money and in 1996 he took it public. For a $3.5 billion deal Troutt merged his Excel Communications with Teleglobe after two years he launched in 1996.

Now he is retired and he is investing his money in racehorses.

3. The first African-American TV correspondent in Tennessee Oprah Winfrey was born into poverty.

Net worth: $3 billion

In Mississippi into a poor family Winfrey was born, she won a scholarship to Tennesse State University and at the age of 19, she became the first African-American TV correspondent in the state.

For an AM talk show in 1983 Winfrey moved to Chicago which later was called The Oprah Winfrey Show

4. Shahid Khan Businessman for $1.20 an hour he washed dishes at one time.

Net worth: $4.4 billion

In the world, he is one of the richest people, from Pakistan to the U.S. Khan came, while attending the University of Illinois he worked as a dishwasher. Flex-n-Gate is owned by Khan, in the U.S. it is the largest private company, Premier League Soccer club Fulham, and the NFL’s Jacksonville Jaguars.

Source: https://unsplash.com/photos/FCSQRPEtXVI

5. Lakshmi Mittal Steel tycoon in India came from reserved beginnings.

Net worth: $12.3 billion

BBC article in 2009 says The ArcelorMittal CEO and Chairman, in 1950 in the Indian State of Rajasthan to a poor family Mittal was born, “over two decades of his fortune he established the foundations of his steel-industry business which was an equivalent of a discount warehouse.”

The world’s largest steel-making company is run by Mittal and is a multibillionaire.

Never say die: some real-life stories rags to riches from which you get inspired to work harder and warm your hearts.




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