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Article #277: Who is Bill Farley?? (billionaire Business Mogul)

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Bill Farley is a well known name in famous Chicago White Sox. Then a year
industrial circles. He is the chairman later he acquired Baumfolder, which
and owner of Farley Industries located in happened to be a subsidiary of Bell &
Chicago, Illinois. An avid follower of Howell. During a time span of five years
fitness he has several leading brands to - from 1980 to 1985, Bill Farley managed
his credit such as the likes of a series of acquisitions - from companies
Munsingwear, BVD and the very popular such as Coal Creek Mining Company, Health
Fruit of the Loom. Foods, Inc., The NL Industries' Metals
His Humble Beginnings Group, and Northwest Industries (which
Bill Farley was born in the town of included Fruit of the Loom). His
Pawtucket in Rhode Island. His mother was companies were at an all time high during
a factory worker and his father worked as the 1990s - during that time his
a musician and a mailman. In his early companies employed more than 50000 people
days of struggle, Bill Farley used to and had a turnover of over 4 billion USD.
earn his living by delivering Sunday The Way Things Stand Today
newspapers. Later on he switched jobs to Today Farley has an impressive empire to
work for a toy manufacturer and later as his credit. He is the proud owner of
a lifeguard. Farley did his schooling Farley industries (FI), as well as the
from the Bowdoin College. A proficient CEO of Body Wise International located in
scholar as well as an athlete, Farley Tustin California. Body Wise is a leading
graduated from college in 1964 with a marketer of nutritional supplements.
degree in government. He decided to try Farley incidentally is also the CEO of
his luck in the world by traveling in the Unity Group LLC located in Washington
United States. D.C. which is a private security force
From Rags to Riches and defense contractor that operates in
Like many clichés even this one seems to high risk zones like Indonesia, Iraq and
hold true for Bill Farley - the man Sudan etc.
literally made it from rags to riches. His beliefs
There used to be a time when he didn't Bill Farley has always believed in taking
have enough money to eat. At such times risks. His famous quote says,
he would earn his living by selling "A willingness to take risk is probably a
encyclopedias from door to door in Los major reason for my success today. Many
Angeles. This ad-hoc training in people could be as successful as I am, or
door-to-door selling helped him become a more so, but for whatever reason they are
leading sales manager and trainer as time unable to take steps that appear
went by. He decided that education would personally or financially risky."
play a key role in shaping his career This just goes to show that Farley has
growth. That's why in 1966 Bill Farley never shied away from taking personal and
enrolled in law school at Boston College. financial risks. Be it in the series of
He graduated three years later with a acquisitions or his steady rise from
J.D. degree. Soon he went on to join the humble beginnings - everything
famous NL industries in New York and illustrates his beliefs well. Farley also
started working in their mergers and believes that in general "management and
acquisitions department. It was after owners sink or swim together". That could
quite a few years that he was sent to be one reason why Farley has always
Chicago on transfer for the post of treated his colleagues, subordinates and
regional manager in charge of NL's metals acquaintances with utmost respect. He
division. After having worked with NL involves all employees and partners in
industries for a good 6 years, he shifted decision-making processes.
to Lehman Brothers in 1972, as an Today Farley rubs shoulders with some of
associate in corporate finance. the most rich and famous people of the
The Acquisitions That Followed world.
Bill Farley bought his first ever company Check out his brand new MLM company
- Anaheim Citrus Products in the year called Zrii. The company is on its way to
1976 - just 4 years after joining Lehman become another billion dollar brand.
Brothers. It was during the same year Source:
that Farley became a partial owner of the See You at the TOP!






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