Billionaire Profile
John Paul DeJoria
Global Rank
#1370

Image: Gage Skidmore | CC BY-SA 3.0 | via Wikimedia Commons

John Paul DeJoria

CEO, Hair products
UNITED STATES
Real-Time Net Worth
$3.018B
Estimated based on Hair products stock value as of March 6, 2026
+0.01% (24h)
Age
81
Source
Hair products, tequila
Industry
Fashion & Retail
Citizenship
UNITED STATES

Biography

John Paul DeJoria is an American billionaire businessman and philanthropist, best known as the co-founder of the Paul Mitchell line of hair products and The Patrón Spirits Company. Born in 1944, DeJoria overcame a challenging early life, including periods of homelessness, to achieve remarkable success. His source of wealth stems from his ventures in the hair product and tequila industries. As of 2024, his net worth is estimated at $2.8 billion. Beyond his business achievements, DeJoria is recognized for his significant philanthropic contributions, supporting various causes and charities worldwide.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

John Paul DeJoria was born on April 13, 1944, in Los Angeles, California. His parents divorced when he was young, and he experienced hardship early in life. He supported his family by selling Christmas cards and newspapers. Despite facing challenges, including a period of homelessness, DeJoria developed a strong work ethic and entrepreneurial spirit.

Rise to Success

DeJoria's career began in the hair care industry, where he worked for Redken Laboratories before being fired. In 1980, he co-founded John Paul Mitchell Systems with hairdresser Paul Mitchell, starting with a loan of $700. The company became highly successful. DeJoria also co-founded The Patrón Spirits Company in 1989. In 2018, Patrón was sold to Bacardi for $5.1 billion.

Key Business Strategies

DeJoria's success is attributed to his focus on quality, building strong relationships, and a commitment to philanthropy. His businesses prioritized providing high-quality products and supporting the professional salon industry. He also emphasized building a strong company culture and giving back to the community.

Philanthropy

DeJoria is known for his commitment to giving back. He has supported numerous charities, including Food4Africa, and has signed The Giving Pledge, committing to donate a significant portion of his wealth to charitable causes. He actively contributes to various philanthropic initiatives globally.

Career Milestones

1980

Co-founded John Paul Mitchell Systems

Launched a hair care company with a loan of $700, which became a global success.

1989

Co-founded Patron Spirits Company

Co-founded a premium tequila brand that became a market leader.

2018

Sold Patron Spirits Company

Sold Patron to Bacardi for $5.1 Billion.

2019

Launched ROK Stars

Launched a line of 3D cellphones under his ROK Stars brand.

Philanthropy & Social Impact

Poverty Alleviation

Food4Africa

$XB

Supported Food4Africa, helping to feed orphaned children.

Environmental Conservation

Sea Shepherd Conservation Society

$XB

Supports anti-poaching groups.

Business Philosophy & Leadership

Notable Quotes

"Success unshared is failure."

Leadership Principles

Giving Back

DeJoria believes in sharing wealth and supporting various charities.

Hard Work and Persistence

DeJoria's success is rooted in his strong work ethic and ability to overcome adversity.

Quality and Relationships

DeJoria emphasizes providing quality products and building strong relationships with partners and customers.