Successful U.S. companies started by immigrants
Successful U.S. companies started by immigrants
The mountain of contributions made by America's immigrants to the country and to the world is nowhere more evident than it is in the sphere of business. According to , nearly half of the top Fortune 500 companies were founded by immigrants or first-generation children who lived out the dreams their parents could have only imagined when they made the journey to America in search of a better life, as so many others had done before.
Over the centuries, , suspicion, discrimination, or worse based on their religion, race, customs, country of origin, or perceived values. As a new debate about a new generation of immigrants rages on, it's impossible not to wonder how the world would have suffered if America hadn't welcomed the following entrepreneurs, innovators, movers, shakers, and game changers to its shores.
Read on to learn which successful U.S. companies were started by immigrants.
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Panda Restaurant Group
Andrew and Peggy Cherng immigrated from China in the 1960s. It must have been hard for them to imagine that the little restaurant they opened would go on to become what refers to as "a company that essentially owns the Chinese-food sector of the quick-serve market." The parent company of and provides a living to 27,000 employees.
Chobani
from his native Turkey in 1994. Less than 15 years later, he's America's yogurt king鈥攈is Chobani brand is the country's #1 Greek yogurt. The son of Kurdish sheep dairy farmers, to make a product based on recipes from his homeland. Now worth $1.79 billion, Ulukaya courted intense controversy when he recently hired refugees, many of them from Muslim countries, who had resettled in America. His logic, according to was that "the minute they get a job, that鈥檚 the minute they stop being a refugee."
Yahoo!
At the dawn of the internet age, a company that was worth $130 billion at its zenith. Its founder is Jerry Yang, a Taiwanese immigrant who came to America in 1978 not knowing who the faces on U.S. paper money belonged to and only understanding the word 鈥渟hoe.鈥 He learned fluent English in just three years and earned both a bachelor's and master's degree in electrical engineering from Stanford in a combined four years. , thanks largely to his revelation that web pages should be categorized in a hierarchy instead of in lists.
Kraft Foods
From Maxwell House and Kool-Aid to Grey Poupon and Cheez Whiz, the Kraft Foods product line is baked into the DNA of the American kitchen. began with $65: that鈥檚 spent on the horse and wagon he used in 1903 to shepherd his budding food distribution company to global prominence. In 1909, Kraft began working on a virtually non-perishable, "processed" cheese that didn't dry out or get moldy. When World War I broke out, the U.S. government ordered 6 million pounds of Kraft cheese to feed its hungry soldiers overseas鈥攁nd the rest is history.
Zumba Fitness
always enjoyed dancing during his childhood in Colombia, and by the time he was a teenager, he was using his skills to earn money as an aerobics instructor. He improvised by using music to help his pupils dance their way to fitness. After immigrating to the United States, he launched Zumba in 2001. Today, 15 million people sweat through Zumba sessions in 180 countries every week, and Perez's apparel line sells 3.5 million units a year.
Tesla
The corporation is bringing electric cars to the mainstream. Founded in 2003, Tesla employs 27,000 people, and the entire operation is the brainchild of , one of the boldest innovators in history. Born and raised in South Africa, Musk immigrated first to Canada before landing in America as a transfer student. Now worth $20.8 billion, Musk first revolutionized not the way people drive, but the way people buy and sell when he co-founded PayPal.
SpaceX
Elon Musk is not just changing the way people travel on Earth鈥攈e's also preparing them to ride off into the cosmos. In his spare time, Musk runs an almost cartoonishly ambitious company called , which builds rockets that NASA uses to ferry things like satellites and telescopes into space. The company's real goal, however, is private space tourism鈥攊n a not-too-distant future.
AT&T
In the history of American telecommunications, there's AT&T and there's everyone else. Originally called Bell Systems, the company was named after Alexander Graham Bell, who, alongside Thomas Watson, invented the telephone. The man who in 1876 provided human beings with the means to communicate from a distance was born in Scotland in 1847.
Pfizer
, which globally distributes vaccines and other biological medicines, is one of the 15 biggest companies in America鈥攂ut the man who co-founded the empire wasn't born in the U.S. Born in Germany, launched the company with a $2,500 loan from Pfizer's father. Pfizer .
eBay
Born in France to Iranian parents, Pierre Omidyar came to America when he was 6 years old. What the country gained when he arrived was the future mastermind of one of the most important names in the history of online commerce鈥攅Bay. , the online auction house and marketplace is now worth $38 billion. Omidyar, who still sits on the board, is worth $11.1 billion himself.
Google
Few companies touch our daily lives more frequently than Google, which is a jumping-off point for much of the world's daily online activity. Now worth $132.1 billion, Google is the second most valuable brand in the world. Along with fellow Stanford grad student Lawrence Page, Google was co-founded by , whose family fled anti-Semitism in his native Russia when he was only 6 years old. An outspoken critic of President Donald Trump's immigration policies, Brin has a net worth of $51.5 billion, which gives him the distinction of being America's wealthiest immigrant.
Kohl's
Born in 1901, immigrated to America from his native Poland, worked in a factory, and used his modest savings to open a small corner grocery. He in 1962. That store evolved into Kohl's, a and employs 137,000 people.
Intel Corporation
are so ubiquitous that every computer user has likely transmitted information through them at one point or another. The driving force behind the brand's early success was the company's president, CEO, and chairman . Grove was born Andr谩s Istv谩n Gr贸f in Budapest, Hungary in 1936. The son of middle-class Jewish parents, Grove survived communist rule and the Nazi regime before finally fleeing in the wake of a brutal Soviet occupation. .
Walt Disney Company
Few brands are more tightly woven into the fabric of American culture than Disney, whose founder Walt Disney was born to a Canadian father of Irish ancestry. One of the most important and lasting brands in the history of American entertainment, the Disney umbrella covers everything from a global network of theme parks to the "Star Wars" franchise and Pixar.
Qualcomm
The required the meeting of seven brilliant minds, one of whom was Dr. Andrew Viterbi, the son of Italian-Jewish immigrants. The recipient of one of the first doctorates every issued by the University of Southern California, his Viterbi algorithm made cellular communication possible. Qualcomm .
Goldman Sachs
In 1848, Bavaria lost one of its finest teachers when Marcus Goldman immigrated to America and became a shopkeeper. The shrewd networker later began pairing businesses in need of capital with banks and financiers willing to give loans鈥攁nd shaving a slice of profit off for himself in the process. His side hustle as a broker evolved into Goldman Sachs, a global investment bank that鈥檚 often loathed for its role in the 2008 economic collapse, but undeniably successful鈥攖o the tune of a $91.8 billion market cap.
News Corporation
In 1985, Australian-born publishing mogul and gave up his Australian citizenship鈥攚hich gave him the greenlight to buy majority stakes in television networks, including Fox Film Corp. , which launched Fox News in 1996. News Corp .
Merck & Company
traces its roots to Angel Pharmacy, which was founded in Germany in 1654. Its modern American incarnation, however, began in 1891, when George Merck immigrated to America and established Merck & Co. Today, the company and is worth $160.6 billion.
Apple
When the catastrophic war in Syria spawned legions of refugees, the world took renewed interest in the fact that one of history鈥檚 greatest business minds was himself the biological son of a Syrian refugee. fled the ancient city of Homs, which now lays in ruins thanks to the Syrian civil war, for the United States. His son, Steve Jobs, would go on to give the world the personal computer, the iPhone, and the production studios behind movies like "Toy Story" and "Finding Nemo." Today, Apple is creeping toward $1 trillion in market capitalization and is the most profitable company in the world.
McDonald's
Ray Kroc was already in his 50s when he founded the first McDonald's franchise. Although the son of Czech immigrants didn't even have a high school diploma, he recognized the limitless potential of a tiny local burger shop and its trademark golden arches. His dream became McDonald's, the in fast food and the largest restaurant chain in the world鈥.
Mattel
Ruth and Elliot Handler founded what would become Mattel in 1945. Both were the children of Eastern European immigrants who fled anti-Semitism, Ruth鈥檚 parents from Poland and Elliot鈥檚 parents from modern-day Ukraine. was inspired by her teenage children, Barbara and Ken, to create a fashion doll that was more developed than the baby dolls that dominated the 1940s toy market. Her idea would go on to become the most famous power couple in the history of American toys: Barbie and Ken.
The Home Depot
DIY enthusiasts Arthur Blank and Bernie Marcus in 1978 dreamed of a home renovation superstore that sold contractor-grade building materials to regular people who, like themselves, preferred to tackle big projects on their own. Their dream became The Home Depot, a that is one of the most instantly recognizable brands in the world. For Marcus, that dream began with his Russian-Jewish immigrant parents, whose American journey started in a fourth-floor walkup tenement in New Jersey.
The Kroger Company
was the son of German immigrants whose name is now synonymous with one of the world鈥檚 biggest grocery store chains. Today, the Kroger Company employs nearly half a million people. Kroger made several early key innovations that would separate him from his competitors, like becoming the first store to bake its own bread in house, which improved freshness and allowed Kroger to slash prices while still making money.
SanDisk
from leaving his native India to study in the United States. His perseverance paid off鈥攁 blessing to anyone who's every turned to a memory card for their storage needs. Mehrotra was one of three people who launched SanDisk as a small startup that eventually grew into a . Both of the company's
Comcast
Although his Jewish father was briefly imprisoned by the Nazis, and his family escaped the Holocaust when they immigrated from Germany to America in 1938. One year after arriving in Queens, N.Y., however, tragedy struck again when both his parents committed suicide, leaving Aaron and his brother at the mercy of the foster care system. Aaron, however, overcame it all and went on to co-found media, entertainment, and communications giant .
Sara Lee
There was a time when housed under the umbrella of Consolidated Foods. That nearly 50-brand-strong conglomerate started as a single coffee and tea wholesaler in Baltimore, owned by Nathan Cummings, a son of Lithuanian immigrants. After establishing Consolidated Foods, it grew into Sara Lee, an enterprise that earned a place among the top 50 Fortune 500 companies at the time of his death in 1985.
Evernote
From virtual reality to 3D technology, has developed several pioneering technologies that helped shape Silicon Valley. His biggest contribution to the digital age, however is Evernote, the wildly popular communication, organization and workflow app that have used to create 5 billion notes.
Tinder
who founded two companies before he struck gold with Tinder, a dating app that has its users swiping left or right as they search for potential mates. Rad鈥檚 parents are Iranian immigrants who fled their homeland shortly before Ayatollah Khomeini seized power. In 2017, .
Instagram
In 2004, a young man named came to America from his native Sao Paulo, Brazil to study at Stanford. He, along with fellow Stanford grad Kevin Systrom, went on to create what would become one of the world's foremost social media networks鈥擨nstagram. The platform now boasts 80% of whom are located outside the U.S.