Umaro Bacon Net Worth 2023


Foundation: Nike

credit: Flickr

If you've ever wondered what it's like to be the youngest billionaire in America, you're in luck: Umaro Bacon, 37, is the youngest person ever to hold the title, Forbes reports.

He's worth an estimated $10 million, thanks in large part to his marketing and branding firm Bacon Marketing Group, which has worked with such big-name clients as Nike and Pepsi.

Bacon also makes money through investments in real estate and other businesses, according to Forbes.

He's also an author, motivational speaker, and board member of several non-profit organizations, including the American Cancer Society and the United Way.

Bacon was born in Philadelphia and grew up in a family of entrepreneurs, according to Forbes.

He attended the University of Pennsylvania, where he studied business and marketing, and went on to work in several marketing and branding firms before starting his own company.

He's also the founder of the Umaro Bacon Foundation, which provides support to underprivileged children and families, as well as fundraising for cancer research and disaster relief.

He's a firm believer in the power of hard work and perseverance, and encourages others to pursue their dreams with the same level of dedication.

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

World'S Largest Climate Finance Fund Explains Investment Approach

The Green Climate Fund is the world's biggest dedicated fund designed to help developing countries mitigate and adapt to climate changeand it's looking for new investments. Henry Gonzalez, the...more

Beyond Recycling, a True Solution for Plastic

Two of the world's biggest financial institutions have come together to call for an end to plastic pollution. In a joint statement, Triodos Bank and Triodos Investment Management say it's...more

Five Social Enterprises Get Rs 45 Lakh Funding from Sbi Foundation at Youth for India Conclave 2024

"The future of our nation hinges upon its young,educated, and socially conscious demographic," State Bank of India CEOjay Prakash says in a press release. Prakash is referring to the roughly 1...more

Real-World Experiences Can Help Your Creative Arts Students Create Real-World Change

"When I met with Gibson and a fellow trustee, Ronnie Greenwood, we quickly established a working relationship to consider how music students at [the University of the West of Scotland's] Ayr Campus...more

Susan G. Komen Founder to Speak at Breast Cancer Research Symposium

Nancy Brinker is the founder of the Susan G. Komen for the Cure breast cancer charity, but she's also the author of a best-selling memoir about her own battle with the disease. So it was only...more

Student Team Wins Award in Interprofessional Case Competition

A team of University of Pittsburgh health sciences students has won a " Healthy Equity Innovation Award" at a national case competition for their plan to deal with a pandemic involving...more

Health Carousel Introduces Innovative 'Full Circle of Support' Program to Elevate Employee ...

"By investing in our employees' holistic well-being, we are setting a new standard for what it means to be a truly people-first organization in the healthcare industry." So says John Sebastian,...more

A Big Move Leads to Even Bigger Opportunity for Asu Grad

WhenBilha Obaigwa arrived in the US from Kenya in 2019, she had already earned a bachelor's degree in law back home in her native Kenya. So she set out to pursue a master's degree in health law...more

Sculpturecenter'S Annual Gala Celebrates Creative Community

"People often ask me why I chose wood. The answer is, that was the material that was available to me," said Thaddeus Mosley at SculptureCenter's annual gala in New York City last night. The...more

Putting the Empathy in Innovation: Grants Recipients Build Student Confidence, Connection ...

"When your peers are staring at you, waiting for instruction, it makes it hard to want to experiment, or create the sense of dynamism or play that brings music to life." So says James Spinazzola,...more







Social Entrepreneurship
Spotlight



Why People Buy from Social Enterprises?


The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders