Paul Fireman
$1.3B
Born
Feb 14, 1944
Age
81
Source of Wealth
Reebok
Residence
Brookline, Massachusetts
Citizenship
United States
Marital Status
Married
Children
3
Education
- Paul Fireman bought the US distribution rights for a British company in 1979, turned it into Reebok and rode the sneakers & aerobics craze in the 80s.
- Nike pulled ahead in the early 1990s, and shareholders demanded that Fireman step down in 1996, which he eventually did.
- Fireman returned in 1999 and revived the business before selling it to Adidas for $3.8 billion in 2005, a deal that earned him $600 million.
- Fireman owns Liberty National Golf Course, a $250 million country club built on a New Jersey landfill overlooking the Statue of Liberty.
- Liberty National Golf club is one of the most exclusive courses in the world, with members reportedly paying $500,000 to join.
- Before creating Reebok, Fireman was an officer in an outdoor sports distributorship.
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