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Grizzly Bullsā€™ Billionaires Index

ā¬… # 620 Mitchell Rales|# 622 Daryl Katz āž”

# 621Ā Winnie Johnson-MarquartĀ 

$5.02B

Real Time Net Worth
as of 7/25/2024
$2.2M (0.04%)

# 621Ā Winnie Johnson-MarquartĀ 

$5.02B

Real Time Net Worth
as of 7/25/2024
$2.2M (0.04%)
OccupationPartial Owner, SC Johnson
Source of WealthCleaning Products
Age65
ResidenceVirginia Beach, Virginia
Marital StatusMarried
Children4
EducationDrop Out, Cornell University
Age-Adjusted Net Worth$3.58B
Winnie Johnson-Marquart
Winnie Johnson-Marquart
United States
Net worth: $5.02B

Self-Made ScoreĀ 

Wealth History

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Biography

Overview

Winnie Johnson-Marquart, born in 1958/1959, is an American billionaire heir and the great-great-granddaughter of SC Johnson founder Samuel Curtis Johnson Sr.
She inherited her wealth as an heir to the family-owned SC Johnson, a multinational corporation known for household cleaning supplies.
Johnson-Marquart and her siblings made headlines in 2017 by donating $150 million to Cornell University to establish the SC Johnson College of Business.

Biography

Winnie Johnson-Marquart graduated from Cornell University in 1981.
She has been actively involved as the president and trustee of the Johnson Family Foundation, although she preferred to avoid family business affairs.
She is married to rock musician Michael Marquart and has a daughter named Samantha, who serves as the studio manager at Windmark Recording.

SC Johnson & Son

SC Johnson & Son is a privately held multinational corporation known for household cleaning supplies.
Founded in 1886 by Samuel Curtis Johnson, the company initially focused on parquet flooring products before expanding into household cleaning items.
Under Herbert Fisk Johnson Sr., the company experienced significant growth, expanding globally and introducing iconic products like Johnson's Glo-Coat.
The company's headquarters, the SC Johnson Administration Building, was designed by Frank Lloyd Wright and is a National Historic Landmark.
SC Johnson has expanded its brand portfolio through various acquisitions, including Drackett, DowBrands, and Babyganics.

Acquisition Milestones

In 1992, SC Johnson acquired Drackett, adding Windex and Drāno to its product lineup.
1998 saw the purchase of Dow Chemical's DowBrands division, bringing Ziploc, Saran, Fantastik, and Scrubbing Bubbles under the SC Johnson umbrella.
In 2017, the company expanded its cleaning brands further with the acquisition of Method and Ecover.
SC Johnson has also diversified into other areas, acquiring the Kiwi shoe care brand in 2011 and the Stasher company, known for reusable silicone food storage bags, in 2019.

Ingredient Transparency

SC Johnson has been proactive in ingredient transparency, launching a website listing ingredients for North American products in 2009.
The company expanded this initiative by adding fragrance ingredients in 2012 and European product ingredients in 2016.
In 2017, SC Johnson disclosed a list of 368 potential skin allergens in its products, demonstrating a commitment to consumer safety and awareness.

How long would it take you to become as rich as Winnie Johnson-Marquart?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Winnie Johnson-Marquart's net worth of $5.02B.

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 52.22% compared to 16.62% for the S&P 500 benchmark.

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Winnie Johnson-Marquart 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 Bullsā€™ 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 Winnie Johnson-Marquart, Cleaning Products 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:Ā 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