Who is Bill Farley?? (billionaire Business Mogul)

Bill Farley is a well known name in industrial circles. HeBaumfolder, which happened to be a subsidiary of Bell
is the chairman and owner of Farley Industries& Howell. During a time span of five years - from
located in Chicago, Illinois. An avid follower of fitness1980 to 1985, Bill Farley managed a series of
he has several leading brands to his credit such asacquisitions - from companies such as Coal Creek
the likes of Munsingwear, BVD and the very popularMining Company, Health Foods, Inc., The NL
Fruit of the Loom.Industries' Metals Group, and Northwest Industries
His Humble Beginnings(which included Fruit of the Loom). His companies
Bill Farley was born in the town of Pawtucket inwere at an all time high during the 1990s - during that
Rhode Island. His mother was a factory worker andtime his companies employed more than 50000
his father worked as a musician and a mailman. In hispeople and had a turnover of over 4 billion USD.
early days of struggle, Bill Farley used to earn hisThe Way Things Stand Today
living by delivering Sunday newspapers. Later on heToday Farley has an impressive empire to his credit.
switched jobs to work for a toy manufacturer andHe is the proud owner of Farley industries (FI), as
later as a lifeguard. Farley did his schooling from thewell as the CEO of Body Wise International located in
Bowdoin College. A proficient scholar as well as anTustin California. Body Wise is a leading marketer of
athlete, Farley graduated from college in 1964 with anutritional supplements. Farley incidentally is also the
degree in government. He decided to try his luck inCEO of Unity Group LLC located in Washington D.C.
the world by traveling in the United States.which is a private security force and defense
From Rags to Richescontractor that operates in high risk zones like
Like many clichés even this one seems to holdIndonesia, Iraq and Sudan etc.
true for Bill Farley - the man literally made it fromHis beliefs
rags to riches. There used to be a time when heBill Farley has always believed in taking risks. His
didn't have enough money to eat. At such times hefamous quote says,
would earn his living by selling encyclopedias from"A willingness to take risk is probably a major reason
door to door in Los Angeles. This ad-hoc training infor my success today. Many people could be as
door-to-door selling helped him become a leading salessuccessful as I am, or more so, but for whatever
manager and trainer as time went by. He decidedreason they are unable to take steps that appear
that education would play a key role in shaping hispersonally or financially risky."
career growth. That's why in 1966 Bill Farley enrolledThis just goes to show that Farley has never shied
in law school at Boston College. He graduated threeaway from taking personal and financial risks. Be it in
years later with a J.D. degree. Soon he went on tothe series of acquisitions or his steady rise from
join the famous NL industries in New York andhumble beginnings - everything illustrates his beliefs
started working in their mergers and acquisitionswell. Farley also believes that in general "management
department. It was after quite a few years that heand owners sink or swim together". That could be
was sent to Chicago on transfer for the post ofone reason why Farley has always treated his
regional manager in charge of NL's metals division.colleagues, subordinates and acquaintances with
After having worked with NL industries for a good 6utmost respect. He involves all employees and
years, he shifted to Lehman Brothers in 1972, as anpartners in decision-making processes.
associate in corporate finance.Today Farley rubs shoulders with some of the most
The Acquisitions That Followedrich and famous people of the world.
Bill Farley bought his first ever company - AnaheimCheck out his brand new MLM company called Zrii.
Citrus Products in the year 1976 - just 4 years afterThe company is on its way to become another billion
joining Lehman Brothers. It was during the same yeardollar brand.
that Farley became a partial owner of the famousSource:
Chicago White Sox. Then a year later he acquiredSee You at the TOP!