Summarized by 'Nicholas Maddox'
Billionaire Sorensen: He's a lot like you
Deseret News 29Aug99 L5
By Max Knudson
and
Short biography of James L. Sorenson
Deseret News 29Aug99 L5
James LeVoy Sorenson views his wife, Beverley Taylor Sorenson, and
their eight children and 50 grandchildren and great-grandchildren as
his major successes in life, far outweighing his business
accomplishments. Sorenson is an author of a book that he dedicated to
his family members and posterity. He is known in the business community
for his accomplishments including the current ranking in Forbes
magazine as the 172nd worlds richest person with $2.9 billion in assets.
He is only one of two of the worlds 465 billionaires in Utah. Jon M.
Huntsman is the other. Both are members of The Church of Jesus Christ
of Latter-day Saints.
Sorenson lives in a large house in Holladay and has a modest office
near Temple Square in Salt Lake City. He has operated from the one-
level cinder block building for the past 30 years. His office decor
includes a black and white photo taken in 1925 of a small boy standing
in front of a Model T Ford and a very modest house, that was previously
a chicken coup, in Yuba City, CA. The boy is Sorenson at age 3 in front
of the family home.
Sorenson is more proud of his 50 patents on medical devices and his
current business ventures than of his billions of dollars. Yet, he
spends as much time donating money as he spends making it.
This is a very detailed article and includes a brief biography that is
well worth reading. It tells of his beginnings and provides a flavor
for how he made his money.
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