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Larry Flynt Net Worth

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Larry Claxton Flynt, Jr.'s Net Worth as of 2024
$500 Million

Larry Claxton Flynt, Jr. was born on 1 November 1942, in Lakeville, Kentucky USA, and is a publisher, businessman, film producer and listed by “Arena” magazine as the #1 most powerful person in pornography.

So just how rich is Larry Flynt? Authoritative sources estimate that Larry is one of the wealthiest CEOs on the planet, with a net worth of $400 million, earned through his varied business interests during a career now spanning more than 50 years. Starting his career as a man with just $1,800 and his mother’s bar to his name, Larry Flynt has come a long way since. Between his publishing business and his chain of “Hustler” clubs, Flynt owns a veritable adult entertainment empire, headed by his multi-million company, “Larry Flynt Publications”. Often considered a controversial figure for his chosen field of business, Larry Flynt has nevertheless earned every dollar of his impressive net worth, and certainly deserves his place among the world’s richest businessmen.

Larry Flynt Net Worth $400 Million

Larry Flynt did not have an easy childhood. The oldest of his parents’ three children, Flynt was raised by his mother and grandmother while his father was away serving in the US Army in Europe. Flynt has been quoted saying that his home region, Magoffin County, must have been the poorest region in the country at the time, and the future business magnate would end up working from a young age – when he was only 15, Larry Flynt faked his birth certificate to enlist with the US Army. The next few years would be spent wandering between different jobs – by 1965, Flynt had already been a military radar operator, an employee within an affiliate of “General Motors”, and even an alcohol smuggler.

It was then that Larry Flynt decided to take $1,800 from his personal savings and acquire his mother’s bar in Dayton, Ohio – the “Keewee”. Applying the same business acumen that would soon elevate him to the greatest heights, Flynt refitted the bar into a more luxurious establishment. Soon the bar was earning Flynt upwards of $1000 a week, enabling him to expand his newfound business to include two other bars, and eventually to take the first step on the way to becoming the leading figure in the adult entertainment industry by opening his first “The Hustler Club”, the first in the local area to employ nude dancers, and it proved a staggering success. Within years, Flynt had expanded to open new “Hustler Clubs” in several other major cities in Ohio, up to a total of six, and each was every bit as outrageously popular as the first – of the whole “Hustler” chain at the time, there wasn’t one club that would make Flynt less than $260,000 per year.

While his club business was certainly a massive contribution to Flynt’s growing net worth, Larry Flynt was yet to find his greatest success – the “Hustler Magazine”. Envisioned first as a newsletter to accompany Flynt’s chain of “Hustler” clubs, the “Hustler Newsletter” soon grew into an independent publication in its own right, and by 1974 the magazine was already a self-sufficient business. The very next year, it would become a widespread sensation when Flynt decided to publish nude pictures of the former First Lady, Jacqueline Kennedy Onassis, sunbathing. Though Flynt closed down “The Hustler Club” chain, he continues to find success in publishing and video production, and this ensures Flynt’s net worth remains as high as it is.

In his personal life, Larry Flynt lives with his 5th wife, Elizabeth Berrios(m. 1998), and their five children; he was previously married to Mary Flynt (1961–1965), Peggy Flynt (1966–1969), Kathy Flynt (1970–1975) and
Althea Leasure (1976–1987, widower), Since 1978, Flynt has been paralyzed from the waist down after an attempt on his life, and he typically uses a gold-plated wheelchair – valued at $80,000 – to get around.

Started with Net Worth Post in September 2014. Before that, Senior Writer at Creative Horizons. Earned a Journalism degree from Northwestern University.

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Billionaires

Mark Zuckerberg Net Worth

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Mark Elliot Zuckerberg was born on 14 May 1984, in White Plains, New York State USA into a Jewish family. He is known for making billions of dollars at a very young age. However, even if a lot of people are jealous and sceptical about Mark, they should admit that not only does he deserve all that he has, but also respect and admiration for being smart and inventive. He has created a virtual empire which we all acknowledge nowadays: is there anyone in the world who has not heard of Facebook!

So how rich is Mark Zuckerberg? According to Forbes Magazine and Bloomberg’s Billionaires list, Zuckerberg‘s net worth is estimated at $56 billion as of early-2017, making him the seventh richest person in the world, up from 15th just nine months earlier. What strikes as most comic is that Mark has a salary of only $1 dollar per year as CEO of Facebook, however, that doesn‘t stop him from being a self-made billionaire, now head of a company ranked in the 10 largest in the world, valued at $275 billion.

Mark Zuckerberg Net Worth $56 Billion

Mark was indeed an ‘A’ grade student, apparently excelling in many subjects when at Ardsley High School, ranging from physics to classics. However, above Mark‘s interest in computers stands his father. He introduced Mark to computers and wanted him to take an interest in them. Edward Zuckerberg taught his son Atari BASIC programming and later hired a software developer to train Mark privately once a week. According to David Newman, the above-mentioned tutor, the kid was unbelievably talented and soon left his teacher standing and breathless. When Zuckerberg joined the community of Harvard University, he already had a reputation as a programming genius, because “Facebook” wasn‘t actually the first convenient and useful program he had developed. His works, such as Synapse Media Player, CourseMatch and Facemash received a lot of attention and popularity. Still they cannot rate with Facebook.

Unsurprisingly, a person who begins a world-wide revolution of communication faces a lot of problems, difficulties, intrigues and scandals. Mark was accused by his former friends, the Winklevoss twins, Cameron and Tyler, of stealing their ideas. The brothers actually dreamed of building a connection between all the students of Harvard University. As we all know now, Mark improved this idea by enlarging the range of people who were allowed to use this social network. So, the accusations were at least true in part and Zuckerberg was forced to give away 1.2m Facebook shares to them. Thus there‘s always a bright side of things – the company that Mark set up has made a lot of people wealthy, not just him alone.

Regardless, according to Vanity Fair magazine, Zuckerberg was the most influential person of the Information Age in 2010. That‘s surprising because a year before he ranked only at number 23 on the same list. What‘s more, not only does Vanity Fair consider Mark as the world‘s most influential in this relatively new industry, but also New Statesman. In 2010, they ranked him as number 16 in the top 50 of the world’s most important figures. “Facebook” is considered to be the biggest social networking website on the planet, used by people of all ages, sex or nationality. Zuckerberg is respected because all he had to create such a network were his ideas and fingers that instinctively knew what to press on a keyboard.

Even though Mark Elliot Zuckerberg lost all of his friends and it doesn‘t seem that he‘s ever going to regain them, he at least has a reliable source of income – Facebook, of course. All the other similar companies that Facebook has obtained recently such as Instagram, WhatsApp, and some more must also be taken into account.

In his personal life, Mark Zuckerberg married Priscilla Chan in 2012, having met her originally in 2002. Aside from his career, Mark is a noted philanthropist, particularly to educational projects. In 2010, he joined with Bill Gates and Warren Buffett in promising to donate half of his wealth to charity over time. In 2013 he donated shares valued at $990 million to the Silicon Valley Community Foundation, and the following year $25 million towards combating the ebola disease.

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Billionaires

Frank Lowy Net Worth

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Frank Lowy was born on the 22nd October 1930 in Fiľakovo, now Slovakia, of Jewish origin and is an Australian entrepreneur. Lowy founded and led the Australian retail company the Westfield Group. According to US Forbes Magazine, Lowy is one of the richest Australians, having been active in business since 1952. Lowy was also the president of the Football (soccer) Federation of Australia from 2003until 2015.

How much is the net worth of Frank Lowy? It has been estimated by authoritative sources that the overall size of his wealth is as much as $5.1 billion, as of the data presented in the middle of 2017 Westfield Corporation is the major source of Lowy net worth. It should be noted that Frank has been listed in Financial Review Rich List every year since 1983. In 2010, he became the richest person in Australia with the estimated net worth of A$5.04 billion at the time.

Frank Lowy Net Worth $5.1 Billion

To begin with, the boy was born in Slovakia, but lived in a ghetto in Hungary in the time of World War II. In 1946, he managed to escape and reached France, where he boarded a ship and wanted to reach Palestine, but was caught and detained by the British in a camp in Cyprus. However, he managed to serve in the Jewish paramilitary organization Golani Brigade, and participated in the Israeli – Arab War in 1948.

His family was based in Hungary and had a small business, and in 1952, Lowy joined them and they all migrated to Australia. In 1960, he founded the company which is currently entitled Westfield Corporation Limited, in Sydney, Australia, developing shopping centers which even operated in the US from 1977. The company continued to specialize in shopping centres, and the Westfield Group now owns and operates shopping centres in Australia, New Zealand, the UK and the US. All the shopping centres are advertised with the brand Westfield or Westfield Shoppingtown. Those have added significant sums to the overall size of Frank Lowy net worth.

From the beginning of the company until 2010, Lowy held the position of executive chairman of the Westfield Group; currently, he serves as the non – executive chairman. From 2008 to 2010, he and his company became the focus of a US tax investigation, after Swiss and Liechtenstein accounts were discovered – no wrong-doing was discovered.

Additionally, he served as the director of the Reserve Bank of Australia from 1995 to 2005. Significantly involved in the development of soccer in Australia, Lowy was the president of the Football Federation Australia from 2003 to 2015, succeeded by his son.

He was appointed a Companion of the Order of Australia in 2000, and in 2005, Lowy received the Woodrow Wilson Award for Corporate Citizenship. Several years later, the businessman was honoured with the Henni Friedlander Award, among a number of other awards and honours.

Finally, in the personal life of Frank Lowy, he is married to Shirley Lowy, who he met in 1951. They have three sons: Peter, Steven, and David who took over the lead of Westfield. Currently, Frank resides in Point Piper, Sydney, Australia. Since 2003, he is also owner of the mega-yacht Ilona. It is Lowy’s fourth yacht, and he has travelled around the world four times. However, the family is involved in philanthropy too, with a particular interest in cancer research and treatment.

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Billionaires

William Wang Net Worth

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William Wang is an entrepreneur, born on 6th June 1958 in Taipei, Taiwan, who is best known as the founder and CEO of consumer electronics company Vizio.

Have you ever wondered how rich William Wang is? According to sources it has been estimated that William Wang’s overall net worth is over $1 billion, as of August 2017, accumulated through his lucrative business career. Since he is still very active as an entrepreneur and a businessman, his net worth continues to increase.

William Wang Net Worth $1 Billion

Raised in Taiwan, William moved to Hawaii when he was 12 years old and two years later to California, where he studied at the University of Southern California, graduating with a degree in Electrical Engineering in 1986. He then decided to start his own company, and launched MAG Innovision and later Princeton Graphic Systems, with the goal of creating better computer monitors than IBM’s. His initial capital of $350,000 increased to $600 million within six years, making Wang one of the most successful entrepreneurs of the time, primarily as these companies were the first to introduce CRT and LCD monitors. With the advance of the computer market, William decided to sell the company in an attempt to start a new one, but this turned out to be unsuccessful, still leaving him with a healthy net worth.

However, in 2000, while returning from a business trip, Wang was one of the travelers on Singapore Airlines Flight 006 who survived when the aircraft crashed on take-off from Taipei. This made him reorganize his life and thoughts, resulting in a decision to close down all of his businesses and turn to the television market. The following year Gateway, Inc asked William to help them put together a TV plan, and the outcome was a 42-inch plasma TV system with a price of $2999. Soon after, Wang established his own company and entered television manufacturing. In 2002 he started V Inc with Ken Lowe and Laynie Newsome, with an intention to combine high quality and low prices. He soon renamed the company to VIZIO Inc which was also the name of their new plasma TV. This company is currently one of the largest sellers of LCD HDTV in North America, and has a multi-billion-dollar income.

Today, as the CEO of VIZIO, Wang works on creating the next generation TVs and other entertainment products, by still fulfilling his dream of providing the best customer experience in low prices and high quality. His brand has been awarded several times by highly acknowledged industry publications and industries, including the Best Television Under $500 by Reviewed.com and Best Midrange LCD TV. Other acknowledgements include Best Value 4K Television, Editor’s Choice Award, Best Tech Products etc.

William Wang’s personal accolades include being on the list of Forbes’ 25 Most Notable Chinese-Americans, and receiving Entrepreneur of the Year honors from several companies and magazines.
Apart from his business career, William is also a member of the Boards of the Segerstrom Center for the Arts and the Tim Salmon Foundation. At the American Film Institute Corporate Council, he serves as its Vice Chairman.

When it comes to his personal life, there isn’t much data known, as Wang prefers to keep his private affairs away from the prying eyes of the public.

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