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George D. Johnson Jr.
How'd he get so rich? The former attorney, South Carolina legislator, South Carolina state development board chairman, South Carolina Chamber of Commerce president, and president of Blockbuster and Extended Stay America is one of the nation's busiest and most successful entrepreneurs. In 1978 he sold his waste disposal company to H. Wayne Huizenga of Waste Management, which was the beginning of a lifelong partnership. Johnson joined Huizenga at Blockbuster, which they sold to Viacom in 1994 for $8.4 billion. Johnson then developed for the hotel chain Extended Stay America, which was sold to Blackstone in 2004 for $3.2 billion. He and Huizenga are now working on developing a new hotel company called OTO.
Learn more about Blockbuster (BBI).