Meet These Billionaires Who Were Once Very Poor

#Howard Schultz, Net worth- $2.3 billion

Howard Schultz has been the Chairman of Starbucks since 2000. He resumed the role of president and CEO in January 2008. His return was fruitful as he led to a transformation of the company, making it more sustainable, profitable and innovative.

Howard is recognized for his passion, leadership, and his genuine efforts to strengthen communities. His early years were tough as he was raised in the rough and tumble Bay View housing project in Brooklyn, New York. His mother used to work as a receptionist and his father had various low-paying jobs.

When Howard took over as the CEO and Chief global strategist for Starbucks, Schultz was successful in engineering the company’s rise and worldwide expansion.

#Kenny Troutt, Net Worth- $1.5 billion

Kenny Troutt is the founder of Excel Communications, a company that used multi-level marketing to offer long distance phone service.

He started his career to fuel his tuition fees at the University of Southern Illinois by selling Life Insurances to pay off the bills as his father was a bartender and was not providing much.

In 1988 he founded a long distance phone company called Excel Communications, and made it open to public in 1996. Two years later the merging of Excel Communications and Teleglobe happened in a $3.5 billion deal.

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