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9 Millionaires Who Turned One Single Idea Into A Lucrative Business

I wish I have #8 right now.

Everyone has million-dollar ideas, but people rarely act on them. Some were afraid to fail, and some didn’t have enough confidence to pursue it.

One thing is for sure, you certainly don’t have to come from money to strike it rich. Some wealthy individuals simply had a fantastic idea and turned it into a lucrative business. Here are nine millionaires who became rich thanks to one single idea.

1. Joy Mangano

Joy Mangano is an inventor and entrepreneur known for inventions such as the self-wringing Miracle Mop. She appears regularly on the US television shopping channel HSN.

Joy Mangano’s net worth is $50 million.

2. Guy Laliberté

Guy Laliberté is a businessman, investor, poker player, and musician. He is the co-founder of Cirque du Soleil along with Gilles Ste-Croix. It all started when he wanted to make his own circus and his idea eventually became a reality.

Guy Laliberté’s net worth is $1.37 billion.

3. Richard T. James

Naval engineer Richard T. James and his wife invented the Slinky in 1943.

4. Gary Dahl

Gary Dahl was an American copywriter, creative director, advertising agency owner, entrepreneur and the creator of the Pet Rock. The idea started as a joke, but it brought Gary millions.

Gary Dahl’s net worth was $2 million.

5. Byron Reese

Byron Reese helped a lot of parents who didn’t know how to explain the existence of Santa Claus to their children by creating SantaMail in 2001.

6. Roni Di Lullo

Roni Di Lullo invented Doggles after she noticed her dog, Midknight, squinting in the sunlight. The rest, as they say, is history.

7. Jonah White

Jonah White made millions of dollars selling novelty fake hillbilly teeth. As it weird as it sounds, but he made $50 million by making people look ugly.

8. Gary Clegg

In 1997, Gary Clegg put sleeves on blankets and rocked the world to its core. During his freshmen year, he was trying to stay warm as he watched late night television, but couldn’t achieve maximum coziness with his hand out from under the covers changing the channels. The little light bulb above his head then came on: What about a blanket with sleeves?

9. Philip Ozersky

Philip Ozersky may not have invented the baseball, but he certainly made a lot of money from it. He auctioned the ball that he caught for $3.05 million. The baseball was Mark McGwire 70th homerun.

Culture

Singapore to Abolish School Exam Rankings

“Learning is not a competition,” said the education ministry.

In an initiative that aims to encourage further learning among young students, the government of Singapore has officially announced its plans to abolish the age-old student ranking system for primary and secondary school. With this move, students' class positions will no longer be reflected in their school report books beginning next year.

In a statement, Education Minister Ong Ye Kung summed it up this way: “The change is to allow each student to focus on his or her learning progress and discourage them from being overly concerned about comparisons.”

“Learning is not a competition,” according to the education ministry.

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Culture

Amazing Drivers Show Off Their Jaw-Dropping Skills

These drivers should be in ‘The Fast and the Furious’!

Driving can be a difficult task for many people. However, some truly gifted drivers have skills that will make your jaw drop. From conquering steep rocky hills to maneuvering a semi truck into a tiny parking space, there is nothing these professionals can't do behind the wheel.

There is little doubt that most of the featured drivers have years of experience. Interestingly, it is possible that some of the people in the compilation just got very lucky when they decided to drive a vehicle that day. Nevertheless, we are still in awe with their tricks.

This scary situation has an impressive plot twist.

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Culture

Greece Bans Obese Tourists From Riding Donkeys

People over 220 lbs are no longer allowed to take donkey rides in Santorini.

The donkeys of Santorini may finally breathe a sigh of relief. Greece has officially banned overweight tourists from riding the beasts of burden in the country. The decision was made after animal rights activists released images of the creatures struggling under the weight of obese holidaymakers. The pictures also revealed that the animals were suffering from open wounds and spinal injuries.

The Greek Ministry of Rural Development and Food has released new rules that cover the Santorini donkeys' well-being. The regulations dictate that the animals giving tourist rides should not carry any loads heavier than 100kg (220 lbs).

The allowable load for donkeys has been reduced to less than '100kg, or one fifth of their body weight.'

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