Ron Popeil Biography and Net Worth
The American inventor and renowned product seller Ron Popeil had a $200 million massive fortune. He gained notoriety for his numerous infomercial appearances as well as his catchphrases, which include “But wait, there’s more!” and “Set it, and forget it!” when promoting the Showtime Rotisserie set. Throughout its lifetime, the Showtime Rotisserie generated over $1 billion in revenue.
|Net Worth $200 million|
|Full Name Ronald Martin Popeil|
|Birth Date May 3, 1935|
|Died July 28, 2021|
|Birthplace Manhattan, New York City, U.S.|
|Profession Inventor, Businessperson|
|Spouses Marilyn Greene, Lisa Boehne, Robin Angers|
Ron Popeil Early Life
Popeil, the son of Julia and Samuel Popeil, was born into a Jewish household in Manhattan in 1935. When he was six years old, his parents got a divorce, and he and his brother moved in with his grandparents in Florida. In 1952, when he was 17 years old, he moved to Chicago with his grandparents to work for his father at the Popeil Brothers manufacturing business. Later, Popeil’s grandparents left for Florida, but he stayed with his father. Popeil joined Alpha Epsilon Pi at the University of Illinois at Urbana-Champaign when he was 18 years old, but left after six months.
Ron Popeil Early Career
Popeil continued to work and learn from his father after graduating from college. His father was also an inventor and salesman of several kitchen-related devices, including the Veg-O-Matic and the Chop-O-Matic. Over two million Chop-O-Matic machines were sold at a suggested retail price of USD 3.98. Ron Popeil’s entry into television was signaled by an issue that the Chop-O-development Matic’s caused. It was impractical for salesmen to transport all the vegetables required for the demonstrations over the course of a day since the Chop-O-Matic was so effective at chopping vegetables.
Ron Popeil Success
Popeil started as a wholesaler of his father’s kitchenware before establishing his own business, Ronco, in 1964. He continued to serve as his father’s distributor and added more goods from other producers. In addition to being a member of the Direct Response Hall of Fame, he received the Electronic Retail Association’s Lifetime Achievement Award in 2001. Before this, Popeil served on the advisory board for the business, management, and legal programs at the University of California, Los Angeles. He sold his business, Ronco, to Fi-Tek VII in August 2005 for US$55 million intending to continue as the spokesperson and inventor while being able to spend more time with his family.
Ron Popeil Wife
Popeil wed Marilyn Greene in 1956; the couple produced two kids before divorcing in 1963. After this, he wed Lisa Boehne, with whom he had one daughter. Before 1995, when he married Robin Angers and had two more daughters, he and Boehne got divorced.
Ron Popeil Net Worth
Ron Popeil has an estimated net worth of $200 million as of 2022. Ron put his 150-acre Santa Barbara property on the market in 2014 for a little under $5 million, he put a Beverly Hills house up for sale in 2009 for $6 million. In the end, he was unable to sell either property, and he kept both until his passing.
Ron Popeil Death
In July 2021, Ron passed away at the age of 86, due to a brain hemorrhage.