American inventor and marketer Ronald M. Popeil created Ronco direct response marketing agency. Popeil is best known for his informercials and involvement in the creation of new products like The Mr. Popeil Pocket Fisherman and Microphone. Ron Popeil’s net worth is approximately $200 million as of 2023.
|Full Name||Ronald M. Popeil|
|Your Birth Date||May 3, 1935|
|Birthplace||Manhattan, New York|
|Profession||Marketer and Inventor|
|Net Worth||$200 Million|
Ron was born May 3, 1935 in Manhattan, New York. Popeil’s parents had divorced when he was only six years old. Popeil grew up in the home of his grandparents. At the age of 17, he started to work for his father’s company called Popeil Brothers. Popeil went to the University of Illinois after he turned 18. He would then withdraw from the program within six months.
Ron Popeil Net Worth & Career
Popeil began to work alongside his father, an inventor and salesman who focused on creating kitchen-related gadgets and appliances. Chop-O-Matic was the most successful, selling for $3.98. They managed to sell more that two million. Ron Popeil was the first to demonstrate this item on TV.
He then started to work as a distributor for his father’s products. As he gained experience over the years, he decided that he would start his own company called Ronco. Popeil began to network in the industry and began to distribute products from other companies. Popeil then began to create new gadgets such as The Popeil Pocket Fisherman, The Smokeless Ashtray and Mr. Microphone and Hair in a Can Spray, among others.
He was awarded the Ig Nobel Prize by Consumer Engineering for his contributions to engineering. He also received the Electronic Retail Association’s Lifetime Achievement award in 2001. Popeil is often credited with pioneering direct response marketing. Among his best-selling items were his Showtime Rotisserie & BBQ which managed to sell around 8 million units in the U.S. and helped to create more than $1 billion in sales.
Ron Popeil married Marilyn Greene in 1956. Together, they had two daughters. But their marriage wouldn’t last and they divorced in 1963. Popeil then married Lisa Boehne and had one child with her. Popeil would later divorce Lisa Boehne and marry Robin Angers. Popeil also had two daughters. Ron Popeil, 86, died July 28th 2023 after suffering a medical emergency the day before.
Ron Popeil Net Worth
Ron Popeil’s net worth is estimated to be $200 million as of 2023. Popeil, who had built his company Ronco in 2005, decided to sell it to Fi-Tek VII for $55million in 2005 so that he could spend more time with his children. Popeil owned several real estate properties, including a Santa Barbara ranch of 150 acres and a Beverly Hills home.
The feed has been down due to an error. Please try again later.