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John Paul DeJoria

John Paul DeJoria

J. DeJoria
-3.63% | - $-113.55M
$3.02 B ₹ 27,445 Cr
Real Time Net Worth #1371 Ranking as of 21 Feb 2026 By Forbes

More on John Paul DeJoria

Gender

Male

Age

81Y

Country

United States

Born On

April, 1944

Deceased

No

Relationship Status

Married

Children

4

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Hair Care, Tequila)

Primary Organization

John Paul Mitchell Systems

Titles

Co-Founder

Sources of Wealth

John Paul Mitchell Systems, Patrón Tequila

Industry

Cosmetics, Spirits, Food & Beverage

About John Paul DeJoria


J ohn Paul DeJoria is an American self-made billionaire with a remarkable rags-to-riches story. He is the co-founder of two iconic and highly successful global brands: the hair care products company John Paul Mitchell Systems, and the premium tequila brand, The Patrón Spirits Company. He has overcome a difficult childhood, which included time in foster care, and periods of homelessness to become one of America's most successful entrepreneurs.

In 1980, with his partner, the late Paul Mitchell, he co-founded their professional hair care company with just a small loan. He has since built it into a major global brand. In 1989, he co-founded Patrón, which he built into the world's number one premium tequila brand, a move that was instrumental in creating the modern market for high-end tequila. He sold Patrón to the spirits giant Bacardi in 2018 for over $5 billion. He is a prominent philanthropist, a signatory of the Giving Pledge, and is known for his distinctive ponytail and biker-inspired style.

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Quick Reads


  • A self-made billionaire with a classic rags-to-riches story.
  • Co-founder of two major brands: John Paul Mitchell Systems (hair care) and Patrón (tequila).
  • He was once homeless and lived out of his car.
  • Sold his Patrón tequila company to Bacardi in 2018 for $5.1 billion.
  • He is a major philanthropist and has signed the Giving Pledge.

Early Life and Background


John Paul DeJoria is an American businessman, the self-made billionaire Co-founder of John Paul Mitchell Systems (JPMS) (hair care) and Patrón Spirits Company (former). Born in Los Angeles, in 1944, his life story is a classic American tale of rags-to-riches, resilience, and extreme hardship. His parents were immigrants; his family broke up, leading him to spend time in foster care and even homelessness early in life.

DeJoria left school early and served aboard the USS Hornet in the U.S. Navy for two years. His entrepreneurial drive began at age nine, selling newspapers and Christmas cards to support his family. His philosophy: Every setback is a setup for a comeback—a mindset built on overcoming homelessness and financial struggle.

  • John Paul Mitchell Systems (Co-founder): The core private asset, a global leader in professional hair care products (co-founded with Paul Mitchell with a $700 loan).
  • Patrón Spirits Company (Co-founder & Former Owner): The premium tequila brand (sold to Bacardi in 2018 for $5.1 billion).
  • Early Struggles: He experienced homelessness and lived in a 20-year-old Rolls-Royce while starting JPMS.
  • Philanthropy: He is a major philanthropist and Giving Pledge signatory (committed to giving away more than half of his wealth to global causes).

Career Journey of John Paul DeJoria


John Paul DeJoria's strategic genius was his commitment to high quality, direct-to-professional marketing, and contrarian brand development. 1980: JPMS. He co-founded John Paul Mitchell Systems with hairdresser Paul Mitchell with a $700 loan, revolutionizing the hair care industry by selling directly to salons. 1989: Patrón. He co-founded Patrón Spirits Company with Martin Crowley, recognizing the potential for premium tequila.

The pinnacle of his financial career was the $5.1 billion sale of Patrón Spirits Company to Bacardi in 2018. His wealth is secured by the long-term, stable profitability of his hair care empire and the immense gains from the spirits sale. He is a Giving Pledge signatory, dedicating his wealth to global philanthropy, including supporting the Mendez Fuel Charitable Foundation (from a related search).

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John Paul DeJoria's Timeline


1970s (Late):

Works an entry-level job at Redken Laboratories (Early Career).

1980:

Co-founds John Paul Mitchell Systems (JPMS) with a $700 loan (Founding 1).

1989:

Co-founds Patrón Spirits Company (Founding 2).

2013:

Becomes a Giving Pledge signatory (Philanthropic Commitment).

2018:

Patrón Spirits Company is sold to Bacardi for $5.1 billion (Major Exit).

Ongoing:

Continues as Co-founder and philanthropic leader (Executive Oversight).

Major Business Ventures and Investments


John Paul DeJoria's wealth is concentrated in his founding equity in John Paul Mitchell Systems and the liquid capital from the Patrón Spirits sale.

  • John Paul Mitchell Systems (Co-founder): The core private asset, a global leader in professional hair care products (co-founded with Paul Mitchell with a $700 loan).
  • Patrón Spirits Company (Co-founder & Former Owner): The premium tequila brand (sold to Bacardi in 2018 for $5.1 billion).
  • Early Struggles: He experienced homelessness and lived in a 20-year-old Rolls-Royce while starting JPMS.
  • Philanthropy: He is a major philanthropist and Giving Pledge signatory (committed to giving away more than half of his wealth to global causes).

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Philanthropy and Social Impact


John Paul DeJoria is a major global philanthropist and Giving Pledge signatory. His structural social impact is tied to JPMS's role as a massive global employer and a founder of the professional hair care industry. His foundations support diverse causes, including environmental protection, children's welfare, and animal rescue.

His structural contribution is tied to his belief in resilience and using business success to drive social change (inspiring millions with his story of overcoming homelessness and poverty).

Fashion, Style, and Lifestyle


John Paul DeJoria maintains the professional, yet bohemian, style of a creative entrepreneur. His attire is consistently high-quality, often featuring bespoke suits. His aesthetic reflects his blend of Wall Street finance and Hollywood glamour, often sporting his signature long hair.

Residing in Austin, Texas, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to brand building, philanthropy, and the long-term stewardship of the JPMS empire.

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Quotes and Philosophy


“Every setback is a setup for a comeback.”

Fun Facts & Trivia


  • He co-founded Patrón Tequila (sold for $5.1 billion to Bacardi).
  • He co-founded John Paul Mitchell Systems with a $700 loan while living in a 20-year-old Rolls-Royce.
  • He is a Giving Pledge signatory and experienced homelessness early in life.
  • He started selling newspapers and Christmas cards at age nine.
  • He holds more than 500 patents or patent applications (from a related search).
  • His motto is: Every setback is a setup for a comeback.
  • His wealth is tied to the successful creation and monetization of global luxury consumer brands.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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