10 Rags to Riches Billionaires
By siliconindia
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Monday, 24 October 2011, 16:55 IST |
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James Cayne, United States
Net worth: $1.3 billion
Dropped out of Purdue University; sold scrap iron. Moved to New York to play bridge full-time; spotted by Wall Street legend Alan "Ace" Greenberg for his card skills. Greenberg hired Cayne as a Bear Stearns stockbroker in 1969. Thirty-two years later, Cayne assumed the chairman's mantle from Greenberg. Still plays bridge; the national champion is ranked as one of the world's best.