⬅ # 492 Thomas Pritzker|# 494 Zhang Yong

# 493 Gary Rollins 

$6.51B

Real Time Net Worth
as of 5/18/2024
-$85.4M (-1.31%)

# 493 Gary Rollins 

$6.51B

Real Time Net Worth
as of 5/18/2024
-$85.4M (-1.31%)
Source of WealthPest Control
Age79
ResidenceAtlanta, Georgia
Marital StatusDivorced
Children4
EducationBS, University of Tennessee Chattanooga
Age-Adjusted Net Worth$1.80B
Gary Rollins
Gary Rollins
United States
Net worth: $6.51B

Self-Made Score 

Wealth History

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Biography

Early Life and Education

Gary W. Rollins was born on August 30, 1944
He earned a Bachelor of Business Administration degree from the University of Tennessee at Chattanooga in 1967

Career

CEO of Orkin until July 2009; Chairman since February 2004
CEO of Rollins Inc. since July 2001
Serves on the board of director of RPC, Inc.

Family and Personal Life

First wife: Ruth Magness; owned a 1,800-acre ranch near Cartersville, Georgia
Four children: Glen Rollins, Ruth Ellen Rollins, Nancy Louise Rollins, O. Wayne Rollins II
Second wife: Kathleen (Wingard) Rollins
Donated $40 million to the University of Tennessee at Chattanooga, resulting in the College of Business being named the Gary W. Rollins College of Business

Business Ventures

Orkin, founded by Otto Orkin in 1901, acquired by Rollins Inc. in 1964
Orkin reported revenue of $2.7 billion in 2022, making it the largest pest control company in North America
Orkin conducts research collaborations with universities and organizations like the CDC for pest biology research and pest-related disease studies
Orkin uses the 'A.I.M' method (Assess, Implement, Monitor) for pest control treatments

Philanthropy and Partnerships

Donated to Nothing But Nets campaign to provide bed nets in Africa to prevent malaria-related deaths
Partnership with the CDC on public education initiatives involving pest-related health risks
Presenting sponsor of the National Pest Management Association’s Women of Excellence Award
Official corporate sponsor of the Houston Zoo, supporting annual programs and community outreach initiatives

Controversies

Subject to lawsuits across the country for alleged poor service and sloppy methods
Investigated for racketeering in Florida in 2004 for termite contracting tactics
NY Attorney General Spitzer instituted measures in 2001 to reform Orkin advertising and arbitration for termite services

How long would it take you to become as rich as Gary Rollins?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Gary Rollins's net worth of $6.51B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Gary Rollins is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Gary Rollins, Pest Control is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey