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JR Simplot Net Worth

JR Simplot Net Worth

JR Simplot Net Worth $3.7 Billion

JR Simplot was the founder of the J.R. Simplot Company and he’s an estimated net worth of $3.7 billion. The business is an agricultural provider devoted to potato products founded in 1929 and is based in Boise, Idaho. His first work was on a farm near Declo before he ventured to the potato and vegetable processing business. During the second world war, Jack was the provider of dehydrated vegetables to the American soldiers. Then he went to help out with the growth of the McDonald’s empire as the organization ‘s major provider of French fries. Through time, further expansion was carried out to grow his business. His business interests included cattle farming, fertilizer, oil, cattle feed, seed and ski resorts as well as potato farming. Upon his death at the age of 99, JR was named the oldest billionaire in the United States. He started with potato farming afterward afterwards built the largest potato dehydrating plant on the planet. He was behind the creation of the very first frozen French fries which turned him into a tycoon with more than $3 billion from a teenager who only had $80 in his pocket.

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