Jon Yarbrough is an American billionaire, the founder of Video Gaming Technologies.
Early life
Jon Yarbrough has a bachelor’s degree from Tennessee Technological University. An aficionado of foosball, his first entrepreneurial experience was purchasing a foosball table and striking a deal with a bar in Cookeville, Tennessee (where Tennessee Tech is located): if they would store the table for him, he would split the proceeds earned from games played by the bar’s clients.
Career
In 1991, Yarbrough founded Video Gaming Technologies. In October 2014, he sold it to the Australian company Aristocrat Leisure for $1.28 billion.
As of September 2015, he had a net worth of US$1.7 billion.
Personal life
Yarbrough is married with two children and lives in Franklin, Tennessee.
Jon Yarbrough Net Worth: Jon Yarbrough is an American businessman and entrepreneur who has a net worth of $1.66 billion. Jon Yarbrough is a self-made billionaire who made his money in video games. He went to college in Tennessee and made a deal with a local arcade to lend his foosball table for a 50/50 revenue split. After graduating Yarbrough bought more foosball tables and a pinball machine and put them in other arcades before he started to create his own video games. Yarbrough’s company Video Gaming Technologies makes video games that are networked for multi-players. VGT was founded by Yarbrough in 1991 and he has served as their Chairman of the Board and President. The company is best known for developing and producing video game like slot machines used in casinos. In June 2014 he announced plans to sell the company to the Australian firm Aristocrat Leisure for $1.28 billion.
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