Published on 6 April 2014
Robert Friedland Net Worth: $1.8 Billion
Robert Friedland is one of those people who are living proof that shaky beginnings don’t necessarily mean that a person is doomed to fail for the rest of his/her life. In 1970, the federal authorities arrested him after he was found in possession of LSD worth $100,000, a crime that cost his freedom for 2 years. He was consequently expelled from Bowdoin College, but he was lucky to be enrolled in Reed College, where he graduated from in 1974 with a political science degree.
While studying at Reed College, Friedland worked as a caretaker of an apple farm located south of Portland. Steve Jobs, founder of Apple Inc., would visit on the weekends and help with the apple orchard. It is from here that he got the inspiration for the name of his incredibly successful company, Apple. Friedland would later establish his own company, Ivanhoe Capital Corporation, a company that’s active in global capital markets, as well Ivanhoe Mines, a Canadian public company that’s listed on the Toronto NASDAQ and New York exchanges.
Friedland is a holder of dual Canadian and U.S citizenships. He is married to Darlene, with whom he has three children. The 63-year old mining mogul has an estimated net worth of $1.8 billion, which makes him one of the richest people in the Unites States. He currently resides in Singapore, which is where he operates Ivanhoe Capital Corporation from.