Jennings Osborne - Famous Business Person

Jennings Osborne Net Worth

$50,000,000

Jennings Osborne, a famous American entrepreneur, had a peak net worth of $50 million. However, at the time of his death and due to unfortunate circumstances, his estate was largely in debt, forcing his widow to declare bankruptcy.

Key facts:

  • Jennings Osborne was known as a philanthropist who organized elaborate Christmas lights displays.
  • In 1994, he was sued by his neighbors over a Christmas display that featured more than 3 million lights.
  • The resulting court decision forced Jennings to relocate the display to commercial locations like Disney World and Graceland.
  • Jennings earned his fortune as the founder of the Arkansas Research Medical Testing Center.
  • The center was credited with running some of the first human tests on drugs such as Viagra and Motrin.
  • He was also known for throwing huge barbecues and fireworks displays, as well as being a hog-calling enthusiast.
  • Jennings passed away in Little Rock, Arkansas on July 27, 2011 from complications of heart surgery.
  • His wife, Mitzi Osborne, was forced to file for bankruptcy just two years after his death.
  • The family had to sell personal items and vehicles to satisfy judgments and stave off creditors.
  • Jennings' fortunes evaporated when a deal to sell his company fell through, leaving him in significant debt.
  • Despite his financial difficulties, Jennings was known for his generosity, giving millions of dollars to charity during his life.

Basic Information About Jennings Osborne

CategoryBusiness
Net worth$50,000,000
Social Mediaβ†—οΈŽ Wikipedia

Jennings Osborne's photos

References & Fact Checks βœ…

1/ Filename: osborne-family-spectacle-of-dancing-lights-26578962370-51684F2v.jpg
2/ Filename: mgm-spectaclelights-wmS40hSS.jpg
  • Checked: βœ… Yes (2023-07-02 04:25:26)
  • Source URL: https://en.wikipedia.org/wiki/File:MGM_SpectacleLights.JPG
  • Original Source: Self-photographed
  • Author: Michael Lowin
  • Licence: Creative Commons Attribution-Share Alike 3.0 Unported, 2.5 Generic, 2.0 Generic and 1.0 Generic license.
  • Date taken: 13 November 2007

Jennings Osborne Famous Network

Male Business ♂️ With Net Worth Closest To $50,000,000

Female Business ♀️ With Net Worth Closest To $50,000,000

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