Introduction
From a humble beginning to becoming one of the wealthiest men in Louisiana, John Georges is the embodiment of making it big through hard work and perseverance. Born in New Orleans in 1960, his journey has not been easy, but his net worth of millions came from his hard work and smart decisions.
The Early Years of John Georges
Georges started his career selling newspapers on the French Quarter streets. Later on, he graduated from the prestigious Tulane University and began his business journey at Imperial Trading Company. Here, he began to discover his talent in the wholesale distribution industry.
The Business Empire of John Georges
John Georges’ net worth comes mainly from his successful businesses, which include Imperial Trading Company, Metro Disposal, and Gulf Coast Bank & Trust. The first and biggest is the Imperial Trading Company, which he purchased in 1989 with his older brother David. It is now one of the largest distributors of tobacco products, candy, and snacks in the US.
Georges’ Entry into Politics
Apart from his successful business ventures, John Georges is also known for his strong interest and involvement in the political landscape of Louisiana. He ran for the office of Governor of Louisiana but lost to his opponent John Bel Edwards. He was also a Republican candidate who sought the Lieutenant Governor position back in 2009.
The Various Philanthropic Endeavors of John Georges
As discussed, John Georges has made a considerable fortune through his businesses, but he is also well known for his active involvement in various philanthropic activities. One of the significant causes he supports is education. Georges has donated money to several educational institutions, including Tulane University, Sophie B. Wright Charter School, and EDNA KARR High School.
The Personality of John Georges
John Georges is known for his humble and down-to-earth personality, even with his massive fortune. Perhaps his humble beginning selling newspapers positioned him well to embrace wealth with humility. He is also known for his witty humor and kindness.
John Georges and His Family
John Georges is happily married to his wife, Dathel Georges. They have two children, John Georges Jr. and Sophie Georges. The couple is known for maintaining a low profile despite their wealth and influence in Louisiana politics.
The Controversies Surrounding John Georges
With his involvement in politics and acquisition of significant business interests, John Georges has been the subject of various controversies. One of the most recent was his purchase of the Times-Picayune newspaper in 2012, which led to significant cuts in staff and print publication.
John Georges’ Net Worth
As of 2021, John Georges’ net worth is estimated to be around $800 million. This massive amount has come from his successful businesses, financial investments, and various other professional endeavors.
Conclusion
John Georges is one of the wealthiest people in Louisiana, and his success story is one of motivation to aspiring entrepreneurs. With his well-diversified business portfolio, philanthropic activities, involvement in politics, and strong will to succeed, John Georges is an inspiration to many.
FAQs
Q1: What is John Georges net worth?
A: John Georges’ net worth, as of 2021, is estimated to be around $800 million.
Q2: What is John Georges known for?
A: John Georges is known for his successful businesses, philanthropic endeavors, involvement in politics, and his humble personality.
Q3: What is John Georges’ political affiliation?
A: John Georges has been affiliated with both Republican and Democrat parties in his political career.
Q4: What philanthropic causes does John Georges support?
A: John Georges has donated money to several educational institutions, including Tulane University, Sophie B. Wright Charter School, and EDNA KARR High School.
Q5: Is John Georges married?
A: Yes, John Georges is happily married to his wife, Dathel Georges. They have two children, John Georges Jr. and Sophie Georges.