Ronald M. Popeil was an American inventor and marketer who founded a direct marketing company called Ronco. Popeil is known for his informative contributions and the development of several new products such as The Mr. Microphone and Popeil Pocket Fisherman. As of 2021, Ron Popeil's net worth is estimated to be around $200 million.
| Full Name | Ronald M. Popeil |
| Birth Date | May 3, 1935 |
| Birth Place | Manhattan, New York |
| Profession | Inventor and Marketer |
| Relationship Status | Married |
| Net Worth | $200 million |
Early Life
Ron was born on May 3, 1935 in Manhattan, New York. Popeil’s parents divorced when he was only six years old. As a result, he grew up with his grandparents. At the age of 17 he started working for his father’s company called Popeil Frères. Then, when he was 18 years old, Popeil entered the University of Illinois. However, he will retire within six months of his joining the program.
The wealth and career of Ron Popeil
Popeye then began collaborating with his father, who was an inventor and salesman who developed home appliances and kitchen gadgets. Among them, the most popular was the ChopOmatic, which sold for $3.98 and sold more than two million units. Ron Popeil began promoting this effort by showing this article on television.
He then began working as a retailer for his father’s products. Having gained experience over the years, he decided to start his own company called Ronco. As Popeil began to communicate more within the industry, he also began to distribute products from other manufacturers. He then began inventing new gadgets himself, such as Popeye’s pocket fisherman, the smokeless ashtray, Mr. Microphone, and Hairspray in a Jar, among others.
He also received the Ig Nobel Prize in Consumer Engineering for his creations. In 2001 he also received the Electronic Retailers Association’s Lifetime Achievement Award. Many credit Popeye with being instrumental in developing the concept of direct response marketing. Among his best-selling products was his Showtime Rotisserie & BBQ, which sold an estimated 8 million units in the United States and helped generate more than $1 billion in sales.
Personal Life
Ron Popeil married Marilyn Green in 1956. The couple had two daughters. But their marriage did not last long and in 1963 they divorced. Popeye then marries Lisa Bonet, with whom he will have a daughter. But they also divorce and Popeye marries Robin Angers, with whom Popeye will have two other daughters. Ron Popeil passed away on July 28, 2021 at the age of 86 after requesting emergency medical care the day before.
Ron Popeil net worth
As of 2021, Ron Popeil’s net worth is estimated at $200 million. After founding his company Ronco, Popeil decided to sell it to FiTek VII for $55 million in 2005 so he could spend more time with his family. He had several properties in his name, including a 150-acre ranch in Santa Barbara and a house in Beverly Hills.