David Howard Murdock (born April 10, 1923 in Ohio) is an American businessman. Forbes estimates he is the 183rd richest person in the world, with a net worth of 3.3 billion US Dollars. A high-school dropout from Montgomery Township, Wood County,Wayne Ohio and dyslexic, Murdock was drafted by the U.S. Army in 1943 during World War II.
Returning to Detroit, Michigan after the war, he was homeless and destitute. However, due to a chance encounter wi...
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David Howard Murdock (born April 10, 1923 in Ohio) is an American businessman. Forbes estimates he is the 183rd richest person in the world, with a net worth of 3.3 billion US Dollars. A high-school dropout from Montgomery Township, Wood County,Wayne Ohio and dyslexic, Murdock was drafted by the U.S. Army in 1943 during World War II.
Returning to Detroit, Michigan after the war, he was homeless and destitute. However, due to a chance encounter with a good samaritan he got a $1,800 loan to buy a closing diner, flipping it quickly for a $700 profit.
He moved to Arizona and began developing there first in housing and then commercial development. In the 1960s when the real estate market collapsed, he moved to Los Angeles where he continued developing and then began a string of acquisitions.
In 1985 he took over the nearly bankrupt Hawaiian firm Castle & Cooke, which owned pineapple producer Dole Food Company. As a result of his purchase of Castle & Cooke, Murdock acquired ownership of...
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