Jon Yarbrough Explained

Jon Yarbrough
Nationality:American
Education:Tennessee Technological University
Known For:Founder, Video Gaming Technologies
Spouse:married
Children:2

Jon Yarbrough (born 1956/1957) is an American billionaire, the founder of Video Gaming Technologies.

Early life

Jon Yarbrough has a bachelor's degree from Tennessee Technological University. His first entrepreneurial experience was selling with Southwestern Advantage.[1] An aficionado of foosball, he then purchased a foosball table and struck 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.[2] [3]

As of September 2015, he had a net worth of US$1.7 billion.[4] In 2020, he ranked No. 327 on the Forbes 400 list of America's richest people.

Personal life

Yarbrough is married with two children and lives in Franklin, Tennessee.

Notes and References

  1. News: EC Hall of Fame: The Class of 2015 . 19 April 2019 . Nashville Post . 21 June 2015.
  2. News: Fontevecchia. Agustino. Forbes 400 Newcomer: From A Single Foosball Table To A Billion-Dollar Gaming Empire. February 4, 2016. Forbes. September 30, 2014.
  3. News: Kennedy. Eleanor. Advice from a man who just sold his company for $1.3 billion. February 4, 2016. Nashville Business Journal. July 8, 2014.
  4. Web site: Jon Yarbrough. Forbes. September 24, 2015.