Rags to Riches – A Brief History Of Billionaire Vinod Gupta

 

Many people know of the billionaire philanthropist Vin Gupta, but few know his story. Let’s take a moment to quickly recap how he went from poverty, to becoming one of the richest people in the world.

Escaping Poverty

Vin Gupta originates from Rampur Manhyaran, an extremely poor village in India, and was born on July 4th, 1946. At the time of his childhood it had no electricity, no toilets, and no running water. Life was difficult but it taught him to value education, as this would be his ticket out of squalor, and into a better life.

Furthering His Education Abroad

After completing high school, Mr. Gupta decided to further his education at I.I.T., Kharagpur. There he received a degree in agricultural engineering. However, this wasn’t enough, and he went on to attend the University of Nebraska in the US thanks to donations from his family. There he earned another engineering degree, and a Masters in business administration. This would be a turning point. Refer to This Article to learn more.

Entering the World of Business

With a degree in business, Vinod Gupta was able to secure a job as a market research analyst at Commodore Corporation in Omaha, Nebraska. At first this seemed like a fairly mundane job, however Mr. Gupta’s keen mind quickly found a gap in the market, and he set to work taking advantage of it. Borrowing $100, Vinod Gupa bought all 4,800 copies of the Yellow Pages in the US, and compiled a list of every mobile home dealer across the nation. He then sold this valuable resource to interested parties, becoming a millionaire.

Greater Heights, and Philanthropy

Leveraging his newly found wealth, Vin Gupta pursued additional business interests, such as American Business Lists. Expanding his wealth rapidly, Mr. Gupta soon became a billionaire. Wanting to give back to where he came from, he now makes many donations to a variety of charitable causes, and has even opened several schools of his own. Vinod Gupta has vowed to give back all of the wealth that he has earned to help others.

Vinod Gupta granted an interview to Gazette Day, a digital publication known for its high-profile, top-quality interviews, in late May 2018 – he included Effective Business Lessons for aspiring businessmen and entrepreneurs who wanted to succeed in the world of business like himself

 

Additional reference article on https://ideamensch.com/vinod-gupta/

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