3. Sammy Hagar

Sammy Hagar opened the Cabo Wabo Cantina in 1992. He never thought a small town bar of Cabo San Lucas would make him so much of money. In the late 90’s the area gained notoriety as a vacation spot and obviously attracted a lot of crowd there and made huge profit. “I didn’t give a crap about profits. I thought if this place could just break even it would be a great place to play,” said Sammy, as quoted by Thedailybeast.com. In 1996, he partnered with the Rivera family to produce premium tequila called Cabo Wabo tequila under his Cabo Wabo Enterprises. As told to Forbes, He said, “If you come up with a brand or business and the idea is just for money, you won’t feel it in the long run. You only feel it when you get that big check and you’ll get jacked up and put it in the bank and you’ll just want more and more and that’s where the greed of business men comes from.” But in 2007, he sold 80 percent of his interest in the company for $80 million.