John Paul DeJoria Net Worth

What is John Paul DeJoria’s net worth?

As of 2022, The estimated net worth of John Paul DeJoria is $3 Billion.

Net Worth:

$3 Billion

Age:

78 years old

Born:

April 13, 1944

Gender:

Male

Height:

1.72 m (5 ft 8 in)

Country of Origin:

United States of America

Source of Wealth:

Entrepreneur

Last Updated:

November, 2022

Who is John Paul Dejoria? What is his Profession and Nationality?

John Paul Dejoria’s net worth is projected to reach $3 billion as of November 2022.

Greek-Italian-American businessman and self-made billionaire John Paul DeJoria hails from Los Angeles. DeJoria is most recognized for being a co-founder of The Patrón Spirits Company and the Paul Mitchell hair product business.

Early Life, Childhood, Birthday, Siblings and School

On April 13, 1944, in Los Angeles, California, John Paul Jones DeJoria was born.

When DeJoria’s parents separated, he was two years old. So, at the age of nine, he and his older brother began selling Christmas cards and newspapers to help support their mother.

He was raised in Revere after growing up in Atwater Village on Garden Avenue. He consequently attended John Marshall High School and Atwater Elementary School. In 1962, he received his high school diploma.

Professional Career of John Paul DeJoria

John Paul DeJoria enlisted in the USS Hornet at the age of 17 and served for two years. He didn’t have the funds to attend college when he left the Navy in 1964. He so performed sales work for Collier’s Encyclopedia.

When he worked at Redken Laboratories in 1971 as a salesman selling hair care products, he gained information about hair care products. He began managing two divisions—scientific schools and chain salons—after a year and a half.

He and his hairstylist friend Paul Mitchell decided to launch John Paul Mitchell Systems in 1980 with a $700 loan because they were both having financial difficulties. They made the decision to provide tools for trained stylists that would aid in speeding up the process of doing a client’s hair.

Paul Mitchell passed on in 1989. In order to create smooth tequila, DeJoria and his buddy Martin Crowley established the Patrón Spirits Co.

He is a founding partner of the House of Blues nightclub chain and holds stakes in numerous other businesses, including Touchstone Natural Gas, Madagascar Oil Ltd., Solar Utility, Sun King Solar, Ultimat Vodka, and Pyrat Rum.

John Paul Dejoria has a $3 billion net worth as of 2022.

John Paul DeJoria’s Highlights

Here are some of John Paul DeJoria’s greatest achievements:

  • He is the founder of the Paul Mitchell
  • He is also the founder of The Patrón Spirits Company

What are the most famous quotes by John Paul DeJoria?

“I don’t use e-mail or a computer. I would be so inundated that I wouldn’t be able to get any work done. Instead, I do everything in person or on the phone.” – JohnPaul DeJoria

“I remember once in junior high school, on a Friday, my mom came home from work and said to my brother and I, ‘You know, between us, we have only 27 cents, but we have food in the refrigerator, we have our little garden out back, and we’re happy, so we are rich.’” – John Paul DeJoria

“Why pour shampoo into a rabbit’s eyes to see how much shampoo you can put in an adult’s eyes before they go blind? I’ll put them in my hair, in my eyes before I would give them to anyone else.” – JohnPaul DeJoria

“At least once a year, I meet with a group called the Giving Pledge. It’s a group of billionaires – including me, Warren Buffett, Bill Gates, and Ted Turner – who have pledged to give away most of their money to charity. We meet for three days to talk about what we’re doing to help make the planet a better place to live.” – JohnPaul DeJoria

“I like to live well and I feel good about it because I know how much we give back. There’s plenty for my family, now let’s take care of the rest.” – John Paul DeJoria

3 Business Lessons from John Paul Dejoria

Let’s look at some of the most important lessons we can draw from John Paul Dejoria now that you are fully aware of his accomplishment and net worth:

1. Always Be Prepared For Rejection

You will encounter rejection throughout your career, says DeJoria. “Many doors will close on you while you knock.

There will be consumers who dislike your brand, your business, or even you. It’s critical that you comprehend this from the moment your company launches.

The confidence and enthusiasm you displayed at door number one must carry over to door number 59 if you want to be successful. The rejection won’t hit you as hard if you are aware that this is going to occur. He says it will make you more resilient.

2.  Make Sure Your Product or Service is the Best it Can Be

Always keep in mind that you don’t want to be in the product industry, says DeJoria. You desire to work in the reorder industry. Work hard to create a top-notch product that consumers will want, he says. You have a better chance of success if you think that way.

3. Doing Good is Good For You

According to DeJoria, “A firm cannot only consider its current bottom line if it wishes to remain in operation.” It must prompt a corporation to become immediately devoted to aiding others.

He says, “By aiding others, you are developing future clients and encouraging employee loyalty.”

Customers enjoy supporting organizations and companies that give their time to benefit others, protect the environment, and make a difference.

Questions and Answers

How much is John Paul DeJoria worth?

According to estimates, John Paul DeJoria is worth $3 billion.

How old is John Paul DeJoria?

He is currently 78 years old, was born on April 13, 1944.

What is John Paul DeJoria’s height?

The height of John Paul DeJoria is 1.72 m, or 5 ft 8 in.

Summary

The Patrón Spirits Company and the Paul Mitchell hair product company were both founded by John Paul DeJoria.

He is a self-made billionaire who has faced his share of hardships. He was homeless twice and survived by living out of his car and door-to-door selling shampoo and encyclopedias. Although he has effectively demonstrated to others that everything is possible.

John Paul Dejoria has a $3 billion net worth as of 2022.