Felix Sabates Net Worth – Business Executives – Richest Businessmen

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Felix Sabates net worth: Felix Sabates is a Cuban entrepreneur and philanthropist who has a net worth of $200 million . Felix Sabates was born in Cuba, and lived in a well-to-do household till his early teenagers. The authorities stripped his household of their wealth, nevertheless, and everybody escaped to the United States, one member at a time. He was the primary to return to the US, and arrived when he was fifteen. He spent the subsequent a number of years supporting his household by working at varied jobs. In his early 20s, he discovered a job as a automotive salesman and ended up setting a number of gross sales data. A businessman approached him and provided him a job as a producer’s consultant for his firm. He was so profitable that he subsequently purchased the corporate in 1971. He grew the corporate to $12 billion in gross sales yearly, after which bought it to his workers in 2000, for a decreased charge, in recognition of how they helped him construct the enterprise. He now owns a number of yachts and the NASCAR competitor SABCO Racing.

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