INTERESTING BILLIE OF THE DAY: Bradley S. Jacobs Started 5 different $1b revenue companies (he's only 63) 1. In 1979, Jacobs co-founded Amerex Oil Associates Inc., an oil brokerage firm. Had annual gross contract volume of $4.7 billion by year 5.
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4. In September 1997, Jacobs formed United Rentals. In the 10 years that Jacobs led the company they did 250 acquisitions and outperformed the S&P 500 Index by 2.2 times. Did $8b in rev last year.
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5. In 2011, Jacobs invested approximately $150 million in Express-1 Expedited Solutions, a third-party logistics and transportation service provider. He gained ownership and renamed it XPO Logistics. XPO did $16b this year in rev.
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Yeah and it's impressive that three of those companies went public. XPO is a gigantic company. I see there trucks all over Newark and NYC.
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