Len Ainsworth – Billionaire

Len Ainsworth gave his large stake in Aristocrat Leisure to his seven sons and wife more than 20 years ago; he’s entitled to some proceeds if they sell. He founded Aristocrat in 1953 but stepped aside in 1994 after a cancer scare; it’s now the world’s second-biggest gaming-machine company. He started a similar company, Ainsworth Game Technology, the following year at age 72. He remains an executive director after selling his majority stake to Australian gaming giant Novomatic.

Len Ainsworth Net Worth: Len Ainsworth is an Australian entrepreneur who has a net worth of $1.3 billion. Having made his fortune through 2 slot-machine companies, Len Ainsworth is one of the richest people in Australia today. At first, he transformed his father’s dental-equipment business into slot machines and set up Aristocrat Leisure in 1953. Over the years, Aristocrat Leisure has become the second largest slot machine producer worldwide. However, he was forced to leave that Company in 1994 when he got an incorrect cancer diagnosis, but still holds a large stake in it. Shortly after, he established Ainsworth Game Technology, where he serves as executive chairman. His net worth is constantly on the rise along with the boost of the companies’ shares. Spending his 90th birthday at work, Ainsworth still leads an active life. Maybe he has stopped driving, but still rides a motorcycle at his farm near Sydney.

Source:

1. forbes

2. celebritynetworth