He founded the Gillette Safety Razor Company in 1901 and it became one of the most successful companies in the world. He earned a salary of $25,000 a year from his company and his net worth was estimated to be around $700 million at the time of his death in 1932.
King C. Gillette was an Entrepreneur born in Fond Du Lac in 1855. He is best known for inventing the first safety razor, revolutionizing the way people shave. In 1901, he founded the Gillette Safety Razor Company which became one of the most successful companies in the world. He earned a salary of $25,000 a year and his net worth was estimated to be around $700 million at the time of his death in 1932.
King C. Gillette is a member of Entrepreneur
Age, Biography and Wiki
💰 Net worth: $700 million (2024)
King C. Gillette, the renowned entrepreneur known for revolutionizing the shaving industry, is projected to have a staggering net worth of $700 million in 2024. Gillette's visionary business strategies and his creation of the safety razor catapulted him to unprecedented success. His innovative design and knack for marketing transformed the way people groomed themselves, establishing him as a household name globally. Throughout his career in Wisconsin, King C. Gillette constantly pushed boundaries, setting him apart as a trailblazing entrepreneur. With his significant net worth, Gillette's legacy as a pioneer in the shaving industry remains unparalleled.
About
Inventor of the first safety razor who gave the world an easy way to shave.
Before Fame
He discovered that cheap, disposable items sold best while working as a traveling salesman, and he decided to use that process to make a thin, disposable shaving blade.
Trivia
He was usually credited with inventing the concept of giving away razors to increase purchase of the blades, but that was a practice instituted by his company after his death.
Family Life
He was born in Fond du Lac, Wisconsin, and grew up in Chicago.
Associated With
He was a Utopian socialist, imagining a perfect metropolis on the banks of the Niagara River and recruiting - unsuccessfully - the industrialist Henry Ford to run it.
