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Tom & Judy Love – Billionaire

Tom & Judy Love Net Worth: Tom & Judy Love are American husband-and-wife entrepreneurs who have a net worth of $3.4 billion. The couple owns Love’s Travel Stops & Country Stores, known as ‘Love’s’, a chain of more than 300 truck stops and convenience stores. In 1964, the Love duo started Musket Corporation, with only $5,000 to lease an abandoned station in Watonga, Oklahoma. Within a period of eight years, they opened about 40 gas stations that operated under the Kerr-McGee brand. Because of the gasoline shortage, Tom expanded the business for the sake of company by adding a grocery line to their gas stations. Later in 1972, the couple set up the first Love’s Country Store in Guymon, which was very revolutionary because it was a combination of convenience store and self-service fuel station. The success was growing vastly; therefore Love’s was operating 90 stores across Oklahoma and surrounding states, and it began offering food services. Soon, the couple started the First Love’s Travel Stop on Interstate 40 in Amarillo, Texas, which was one-of-a-kind travel stop serving both truck drivers and motoring community. In addition to their company, Tom and Judy opened gift and novelties shops. Today, the Love family operates with 300 stores across 39 states.

Source:

  1. Forbes
  2. celebritynetworth

 

 

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