Ron Popeil is an American inventor and advertising personality who has an estimated net worth of $100 million. Produced Ronald M. Popeil on May 3, 1935 in New York City, he is the son of Samuel Popeil who devised the Chop-O-Matic and the Veg-O-Matic. He took over the advertising of such products from his father, recorded the products while chopping vegetables, and broadcast the videos that gave birth to infomercial.
Ron Popeil Net Worth $100 Million
Popeil is best known as the owner of the direct response marketing firm, Ronco. Nonetheless in August 2005, he sold the business to Fi-Tek Vil, a Denver holding company, after he filed for bankruptcy. He is also popular for his appearance on the infomercials in Showtime Rotisserie with his phrase “Place it, and forget it!”, and with the employment of the phrase, “But wait, there is more!” on TV during the early 50’s. He had cameo appearances on television shows including the X Files, Futurama, King of the Hill, The Simpsons, Sex and the City, and The Daily Show.
Ron Popeil has also coined the phrase “cordless electrical” to make an item more complex rather than using “battery operated.” Ron has been given the Ig Nobel Prize in Consumer Engineering in 1993. Ron was named by Self magazine subscribers as truly one of the 25 folks who have changed the style of eating, drinking and thinking about food. Weird Al Yankovic had a song called “Mr. Popeil” in his 1984 album In 3-D. The song mentioned several of Ronco’s memorable items such as the Veg O Matic and also the Pocket Fisherman.